-
Headline NewsDenver’s Whale sites: Englewood CityCenter Edition
This the eighth in a series on Denver’s “Whale Sites,” defined as extremely prominent and underdeveloped land parcels whose size and location will define Denver’s future growth and development. Examples include the Burnham Yard, Upper Fox, Elitch Gardens, the Broadway Station Area and Denver Design District. Introduction and background Steve Ferris, Founder and principal, Real Estate Garage, Denver The city...
By Steve Ferris -
Headline NewsNAIOP Colorado real estate competition gets underway at Denver infill site
Be realistic. Be creative. Take some risk. Graduate students heard that advice and more Feb. 1 at the kickoff for the 17thannual Rocky Mountain Real Estate Challenge. “We are sitting in a very historic part of Denver,” Denver Mayor Michael B. Hancock told University of Colorado and University of Denver students gathered at the 40-acre Denver Shops, formerly the Colorado...
By Jill Jamieson-Nichols -
Headline News, Rebchook Real Estate CornerKaboth, a rock star at RISE
You might call veteran property manager Linda Kaboth a RISE-ing star. But that’s not quite right. She already is a rock star property manager. Kaboth, who among other things played a key and pivotal role in selling Belmar for almost $300 million in 2015, is now a vital executive at RISE Commercial Property Services, formerly known as Inverness Properties. But...
By John Rebchook -
Headline NewsDowntown building to deliver like-new space
The former CenturyLink building at 930 15th St. will be reimagined as modern office space, creating a rare option for large tenants in downtown Denver. A floor-to-ceiling glass curtain wall system, robotic-lift parking, a rooftop terrace with a state-of-thee-art fitness center, and event and conference space will be added to the 223,000-square-foot building, which Rialto Capital Management LLC and SteelWave recently acquired for...
By Jill Jamieson-Nichols -
Headline News, Rebchook Real Estate CornerExciting gateway tower saga continues
The Bell Park development saga to create an iconic residential tower at a gateway to downtown Denver continued last week. Buzz Geller, whose Paradise Land Co. owns the historic triangular site along Speer Boulevard, Market Street and Cherry Creek at the edge of Lower Downtown, last Thursday presented the latest proposal for the site to the Lower Downtown Design Review...
By John Rebchook -
Headline NewsKBS inks leases at Granite Tower, plans $10.5M renovation
KBS signed 384,716 square feet of leases at Granite Tower in the fourth quarter and is set to begin a $10.5 million renovation of the building this spring. The largest transaction was a 12-year, 295,743-square-foot lease extension with Anadarko Petroleum Corp. The lease was the largest to be signed in Denver in 2018, according to KBS. Jim Bailey and Nick...
By Jill Jamieson-Nichols -
* Subscriber Content
Headline News, Subscriber ContentEaton Vance buys Lafayette apartments
A Boston-based investment management firm paid $38 million, or $237,500 per unit, for a 160-unit apartment community in Lafayette. Eaton Vance purchased the Ardenne apartments from Fairfield Residential, which completed renovations to a portion of the units. Holliday Fenoglio Fowler Managing Director Jordan Robbins said, “The property was in really good shape” and offers an opportunity to increase rents through...
By Jill Jamieson-Nichols -
Headline NewsApartments sell for $65.8 million to Cortland Partners
Cortland Partners added a second Colorado Springs apartment community to its portfolio with its acquisition of a newly built asset.
By Jennifer Hayes -
Construction & Design, Headline NewsRev360 project readies to break ground in RiNO
Rev360 – formerly known as Revolution360 and recently rebranded to reflect the evolution of the project – is a mixed-use building in River North being developed by Revolution 360 LLC, a joint venture comprising general partner Ed Haselden, Keystone Equities, Rob Cohen, Tributary Real Estate and Avenue Property Group.
By Kris Oppermann Stern -
Headline NewsHarvest Junction retail center sees broad investor demand
A full spectrum of investor types took a look at buying the Harvest Junction retail center in Longmont, which records show sold for $61.15 million, or $166.20 per square foot. A partnership of Chicago based private equity real estate firm Walton Street Capital LLC and Alberta Development Partners, a Greenwood Village based developer and investor, purchased the 367,918-sf center. RPT...
By Jill Jamieson-Nichols