Land market taking center stage at CREJ conferences
Land demand in the Denver area is off the charts. “On activity, it probably is record as far as buyers of land," said Mike Kboudi, a land broker with Cushman & Wakefield. Competition is fierce. "It is really hard to get a good piece of ground,” said Kboudi, who during the past five years has sold…
Kris Oppermann Stern
May 11, 2017Northern I-25 corridor steaming ahead
The Northern Colorado Interstate 25 corridor always seems to be on the verge of taking off. "That whole northern I-25 corridor is red-hot," according to a prominent commercial real estate consultant. She told me that in 2003, when I was the real estate editor of the Rocky Mountain News. Anyone who makes the drive from…
Kris Oppermann Stern
May 9, 2017CU wins 15th annual Rocky Mountain Real Estate Challenge
(https://cozumelparks.com)
Kris Oppermann Stern
May 4, 2017Paid parking no ploy to redevelop Cherry Creek Shopping Center
Ever since I broke the story last July that the Cherry Creek Shopping Center would begin charging for parking in 2017, shoppers and many tenants in Denver’s premier mall have been, shall we say, upset. Last month, an ipetitions.com site was launched to try to convince Cherry Creek to once again provide free parking, as…
Kris Oppermann Stern
May 4, 20171031 exchanges may be axed by Trump’s tax plan
Riki Hashimoto’s phone was ringing off the hook late last week. Anxious investors had one question for the commercial real estate broker after President Donald Trump released his still skeletal outline for tax reform last Wednesday: “Are 1031 exchanges going away?” While a lot of media ink was devoted to things like the proposed 15…
Kris Oppermann Stern
May 1, 2017Industrial building sells in $8.9 million leaseback
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Kris Oppermann Stern
May 1, 2017CBRE: Nearly half of new office space is preleased
It used to be that tenants wanted to see an office building before they signed a lease, but that appears to be changing. Almost half, 47.3 percent, of the 5 million square feet of office space being developed in Denver as of the first quarter is preleased, according to CBRE Research. Most of the space,…
Kris Oppermann Stern
May 1, 2017Boulder’s 17*Walnut draws top dollar
You’d have to head to the coast to find an apartment community to trade at the kind of price an investor just paid for a boutique property in Boulder. Rivendell Global Real Estate bought 17*Walnut, a 26-unit community in Boulder’s East End, for $600,000 per unit. That’s the highest price ever paid for a conventional…
Kris Oppermann Stern
May 1, 2017Net-leased retail building in Greeley fetches $3.97M
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
May 1, 20171031 exchanges may be axed by Trump’s tax plan
Riki Hashimoto’s phone was ringing off the hook late last week. Anxious investors had one question for the commercial real estate broker after President Donald Trump released his still skeletal outline for tax reform last Wednesday: “Are 1031 exchanges going away?” While a lot of media ink was devoted to things like the proposed 15…
Kris Oppermann Stern
May 1, 2017