Downtown Boulder buildings fetch $101.25 million
JP Morgan closed a blockbuster deal in downtown Boulder with the $101.25 million acquisition of three office buildings. The portfolio included 1050 Walnut, Canyon Center at 1881 19th St. and 1900 15th St. The seller was Blackstone Group, which spun off the buildings from an approximately $2 billion portfolio it bought last year. 16 Feb…
Kris Oppermann Stern
June 19, 2017
Missing middle focus of CREJ affordable housing conference
A half-day affordable housing conference on June 20 will address one of the the most challenging aspects of the Denver area’s housing market, where the average price of a home sold is approaching $500,000. The “missing middle” population will be a key of the 2017 Affordable Housing Development & Finance Conference & Expo, which will…
Kris Oppermann Stern
June 14, 2017
Boulder office building portfolio trades for $101.25 million
JP Morgan closed a blockbuster deal in downtown Boulder with the $101.25 million acquisition of three office buildings. The portfolio included 1050 Walnut, Canyon Center at 1881 19th St., and 1900 15th St. The seller was Blackstone Group, which spun off the buildings from an approximately $2 billion portfolio it bought last year. “This is…
Kris Oppermann Stern
June 13, 2017
Condo development conference on tap
Condo construction cheer. Every apartment developer, broker and analysts I have ever spoken to has been dismayed by the lack of for-sale condominium developments in the Denver area in recent years. That may surprise those not in the industry, as the lack of condo construction has removed a competitor for the wave of high-end apartment…
Kris Oppermann Stern
June 13, 2017
Amazon to develop 2.4 million-square-foot center
Amazon is working with Trammell Crow Co. to develop a 2.4 million-square-foot, three-story fulfillment and robotics center in Thornton that would be the biggest building built in Colorado. The building is being planned for about 80 acres at the northeast corner of Interstate 25 and 144th Avenue. Construction is set to begin in early June…
Kris Oppermann Stern
June 12, 2017
Daycare center kismet
Lore has it that clients of McKinley & Hill Antiques included Ralph Lauren, Hugh Hefner and Oprah. The after-hour “sherry hour” soirees in the establishment that among other things sports an indoor, 12-foot-deep swimming pool in Wheat Ridge, were as legendary as the clients of the proprietors, Bud Hill and Matt McKinley. McKinley died about…
Kris Oppermann Stern
June 6, 2017
Northstar lands 62,214-square-foot headquarters tenant in DTC bldg.
Air Methods, an air medical transport company, has leased 62,214 square feet of office space in Greenwood Village for its corporate headquarters. The company will move its offices and employees to Northstar Commercial Partners’ 5500 S. Quebec St. building, located in the Denver Tech Center. Northstar acquired the 204,945-sf building in 2015 and has continued…
Kris Oppermann Stern
June 5, 2017
First Industrial buys 181,348 sf in Aurora for $11.15 million
First Industrial Realty Trust Inc. added 181,348 square feet to its Denver industrial portfolio with an $11.15 million acquisition in Aurora. First Industrial bought the Sherwin-Williams Co. distribution facility at 21301 E. 33rd Drive from Coach Real Estate LLC, a Kwal-Howells family partnership. It restructured a lease with Sherwin-Williams that now runs through 2022. “We’re…
Kris Oppermann Stern
June 5, 2017
1031 buyer pays $12.67 million for Englewood industrial bldg.
This post is only available to subscribers of the the Colorado Real Estate Journal. If you have a subscription, please log in to view this post. If you do not […]
Kris Oppermann Stern
June 5, 2017
Industrial developers see potential on I-25 north corridor
This post is only available to subscribers of the the Colorado Real Estate Journal. If you have a subscription, please log in to view this post. If you do not […]
Kris Oppermann Stern
June 5, 2017
