• Commercial real estate wrap-up 4-1-16

    Following are recent transactions reported to CREJ. Office Cybertech Inc. leased 7,079 square feet at 2821 S. Parker Road, Suite 1105, in Aurora. Eric Gold of API Sheldon-Gold Realty Inc. represented the landlord. Kforce Inc. leased 7,900 sf at 5680 Greenwood Plaza Blvd. in Greenwood Village. Courtney Hasson, Nathan Johnson, Jamie Gard and Casey Grosscope of Newmark Grubb Knight Frank...

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  • LRA chooses Kelmore at Boulevard One in Lowry

    Centennial-based Kelmore Development has developed about a million square feet of retail space since it was founded about 35 years ago. Almost all of it was in the suburbs, primarily in the southeast corridor. Now, it is tackling a high-profile urban development in Denver. Kelmore has been chosen by the Lowry Redevelopment Authority to be the main retail developer at...

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  • Dean Callan Recognition Award honors Reynolds, Tebo

    Boulder-based Dean Callan & Co. recently presented the 2015 Dean Callan Recognition Award to Bill Reynolds of The W.W. Reynolds Cos. and Stephen Tebo of Tebo Properties. Stephen Tebo The award is given annually to a member of the Boulder commercial brokerage community in memory of Dean Callan and in recognition of his many years of dedicated commercial real estate...

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  • Employment revision reports show considerably higher job growth

    The annual benchmark revision of the Current Employment Statistics showed significant upward adjustments to annual employment for 2015 in Metro Denver, according to data released today by the Metro Denver Economic Development Corp.

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  • Denver ranks high among investors, says CBRE

    Denver ranked among the top 10 markets in the Americas for commercial real estate investment in 2016, according to a new report by CBRE Inc. The CBRE Americas Investor Intentions Survey 2016 captured investment sentiment and expected activity of nearly 500 investors focused on the Americas. Most expect to remain very active this year in both acquisitions and dispositions, and...

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  • Strong employment, rising rents bode well for retail

    Strong employment growth, decreasing vacancies and rising rents indicate a positive 2016 retail market, as demographic trends attract investors to the area, according to Marcus & Millichap. Marcus & Millichap’s 2016 Retail Investment Forecast provides these Denver observations:

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  • Canadian company makes Denver debut

    A Canadian company, in its first Denver-area purchase, recently paid $47.88 million for the 228-unit Carrick Bend apartment community in Northglenn.

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  • Commercial real estate wrap-up

    Following are recent office and industrial transactions reported to CREJ. Office The General Services Administration renewed its lease for 19,076 sf at 56 Inverness Drive East in Englewood. Jeremy Reeves and Bill Woodward of Inverness Properties handled the transaction. Lerch Bates leased 12,985 sf at 9780 S Meridian Blvd., in Englewood. Jeremy Reeves of Inverness Properties LLC and Charlie Davis of Davis Realty...

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  • Arvada
    * Subscriber Content

    CBRE sells Arvada community

    Arvada increasingly is becoming an attractive target for apartment investors. No sale better reflects that than the recent purchase of the 264-unit Panorama at Arvada Ridge at 5654 Kipling Parkway. Seagate Properties, based in San Rafael, California, purchased the community for $58.5 million, records show. That equates to a sales price of $221,591 per unit and $236.08 per square foot....

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  • SkyHouse Denver time-lapse video

    SkyHouse Denver, being built by a joint venture between Batson-Cook Construction and Swinerton Builders, is targeting an August opening. SkyHouse Denver is a 26-story, cast-in-place luxury apartment building featuring 354 apartments, 460 structured parking spaces and 6,900 square feet of ground-level retail at 18th and Broadway. The project is being developed by Novare Group, Simpson Housing and Batson-Cook Development Company....

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