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California

California dreaming at Marcus & Millichap

California dreaming. If you are a Denver-based apartment broker, you don’t need to be a Mommas and the Poppas fan to be tuned in to the importance of California investors. “I think last year 26 percent of our deals from our office were from California,” said Tyler Stevens, who recently joined the Denver office of…

Kris Oppermann Stern

April 13, 2017
condo

Condo colossus coming downtown

Condo colossus. A Miami developer has unveiled plans for a $500 million condominium development that would bring 800 condominium units to downtown Denver in two, 40-story towers. The towers, on a 55,000-square-foot property at 1901 Arapahoe St., would represent the single largest condo project ever built in Denver. Units are anticipated to be priced from…

Kris Oppermann Stern

April 11, 2017

Etkin Johnson sells Sports Authority buildings for $15.77 million

Etkin Johnson Real Estate Partners has sold the former Sports Authority headquarters in Englewood for $15.77 million. West Hampden Investors LLC, a group headed by Stuart Ogilvie of Ogilvie Properties, bought the property, which consists of two office/flex buildings at 1050 and 1090 W. Hampden Ave. The buildings total 210,207 square feet. Sports Authority leased…

Kris Oppermann Stern

April 7, 2017
Virtual reality

Virtual reality for commercial space

I entered the commercial real estate Matrix. I donned the virtual reality goggles, and the 2,000-square-foot office that Walkthrough leases with another company in Lower Downtown was replaced by office furniture supplied by one of Walkthrough’s customers, Interior Environments. A virtual, green-lined grid, which reminded me of the Matrix, kept me from walking into the…

Kris Oppermann Stern

April 6, 2017
Mountain West Business Park

LBA pays $26.4 million for Mountain West buildings

LBA Realty purchased a portfolio of five freestanding, Class A industrial buildings for $26.4 million, or $126.67 per square foot. The buildings comprise 208,418 sf at Mountain West Business Park, which fronts Interstate 70 at the I-225 interchange. Mountain West Industrial Properties developed and sold the portfolio, which it completed in 2008. “They are Class…

Kris Oppermann Stern

April 3, 2017

Companies look to 36 corridor to attract, retain talent

Companies are looking toward the U.S. Highway 36 corridor to attract and retain employees in the technology sector, and as density increases, so too will investor interest. “I think one of the things that investors are predicting, and its time has really come, is that the 36 corridor is going to be the recipient of…

Kris Oppermann Stern

April 3, 2017

BSI secures space in market impacted by big projects

Landlords with available industrial product in the central Denver submarket are in prime position to capture tenants being displaced by redevelopment of the National Western Stock Show complex, Interstate 70 reconstruction and the continued exodus of industrial users out of River North. BSI’s recently signed 117,000-square-foot lease at Hub 25, Westfield Co.’s new project at…

Kris Oppermann Stern

April 3, 2017

NAIOP Colorado honors top commercial real estate talent

Photos courtesy of NAIOP Colorado, www.NAIOP-Colorado.orgNAIOP Colorado honored the Denver area's top commercial real estate talent and projects for 2016 at its 20th annual Awards of Achievement at the Denver Center for the Performing Arts Feb. 23. A total of 450 people attended the annual gala. Award winners and finalists were: Award of Excellence Kevin C.…

Kris Oppermann Stern

April 3, 2017
Mathieson

Mathieson takes on critics

Developer Michael Forbes Mathieson could write a book. Mathieson, a Denver infill developer, recently posted a flurry of missives on social media sites responding to critics of his $12 million, five-story, 47-unit apartment building under construction in Denver’s increasingly trendy Berkeley neighborhood. From last fall to last month, Mathieson has posted at least 3,422 words…

Kris Oppermann Stern

April 3, 2017
Senior housing

Senior housing event is April 20

There is no simple answer to sum up the state of the senior housing industry along the Front Range. “It’s a big market with 10 different product types,” Elisabeth Borden told me. Borden, principal of The Highland Group, a consulting group in Boulder that provides research, planning and marketing solutions for senior housing and care…

Kris Oppermann Stern

March 30, 2017

Kris Oppermann Stern is publisher and editor of Building Dialogue, a Colorado Real Estate Journal publication, and editor of CREJ's construction, design, and engineering section, including news and bylined articles. Building Dialogue is a quarterly, four-color magazine that caters specifically to the AEC industry, including features on projects and people, as well as covering trends in design, construction, interior design, development and more. Kris joined CREJ as an editor in 1998, after serving as editor of the Colorado Springs Business Journal. Kris earned her Bachelor of Arts, Journalism and Mass Communication, from the University of Colorado at Boulder. When not covering Colorado’s commercial AEC community, she enjoys Pilates, reading, traveling, walking her Golden Retriever and cheering on her hockey-playing son.