Hirschfeld, Nichols selected for Sakura Square
Sakura Square LLC and Tri-State/Denver Buddhist Temple have chosen the Nichols Partnership/Barry Hirschfeld Jr. team as their preferred developer for the redevelopment of Sakura Square and the temple in downtown Denver. Sakura Square covers one square block bordered by Larimer, Lawrence, 19th and 20th streets. “We are excited to enter into this next phase of…
CREJ
June 20, 2017
Westlake Retail Center sells on in-place cap rate of 12.05 percent
Broomfield County Property Location: 12920 Lowell Blvd., Broomfield Property Description: 11,288-sf retail building, YOC 1987, masonry Land Size: 1.57 acres Sales Price: $2M, or $177.18 psf Grantor: INSAF LLC, Fadi Sawaged, mgr. Grantee: JNT LLC, Jaeyoung Nam, mgr., 1702 8th Ave., Greeley 80631 Closing Date: 5/31 Financing: $1.35M payable to Westlake Payment LLC @ 8% (OWC) Comments: Listed…
John Winslow
June 20, 2017
Retail portion of The Landmark sells for $33.2 million
The sale of the majority of The Landmark’s retail space (Comedy Works owns its space) included a vacant pad with signage rights and Interstate 25 frontage that can accommodate up to 10,000 sf.
Jolene Wollett
June 19, 2017
Debunking the myth of the suburban office downfall
You can’t drive more than one block in downtown Denver without your view being interrupted by a towering crane. All the new construction concentrated within a few
CREJ
June 19, 2017
NY-based Arel Capital buys 180 Flats for $22.3 million
Unit renovations included stainless steel appliances, designer tiles, contemporary paint, wood-plank style flooring and private balconies or patios.
Jolene Wollett
June 19, 2017
Can economic diversity reduce construction cycle volatility?
Economic diversity could be one of the defining factors in commercial real estate and apartment construction cycles in Colorado. Economic diversity measures how financial
CREJ
June 19, 2017
Balfour Pacific spends $69.6 million in Longmont
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Kris Oppermann Stern
June 19, 2017
Cress Capital buys 23 buildings in Fort Collins in $55.6 million deal
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 19, 2017Spaces nabs last spot in newest office building at Arista
Spaces is bringing co-working space to the U.S. Highway 36 corridor, taking the last block of office space in Arista’s newest speculative building. Spaces leased approximately 30,000 square feet on the first, second and fifth floors at 8181 Arista Place in Broomfield. It will have a small, highly visible presence on the first floor, which…
Kris Oppermann Stern
June 19, 2017
Commerce City warehouse snagged by owner-user for $87.50 per square foot
Adams County Property Location: 3900 E 68th Ave., Commerce City Property Description: 50,000-sf warehouse, includes 6,500-sf office area, YOC 1980, 27’ clear, twin-tee construction Land Size: 3.45 acres Sales Price: $4.38M, or $87.50 psf Reception No.: 43778 2017 Grantor: K.W. Schmidt & Associates LLC, Karl W. Schmidt, mgr. Grantee: Tebeest Properties LLC, Chad Tebeest, mbr., 9681 W…
John Winslow
June 19, 2017
