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4650 Centerplace

Net-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, 2017
Comp of the Day handshake image

York Street industrial property changes hands for $5 million

Denver County Property Location: 3975 York St., Denver Property Description: 21,683-sf industrial building, YOC 1949 Land Size: 3.994 acres Sales Price: $5M, or $28.74 psf (land value) Reception No.: 2017041502 Grantor: G&M Trailer Repair of Colorado Inc., Philip MacDougall, VP Grantee: PIII York Street LLC c/o Travis McAfoos, 303-861-4225, 10025 Valley View Road, Suite 190, Eden Prairie, MN…

John Winslow

May 1, 2017
1031 Exchange

1031 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

Centennial Good Times trades for nearly $900 per sf

A Centennial single-tenant retail property sold for nearly $900 per square foot – a pretty “standard” price per sf in today’s marketplace, noted Rob Edwards of Pinnacle Real Estate Advisors LLC.

Jolene Wollett

April 29, 2017
Majestic

Majestic lives up to its name with giant warehouse

Majestic Realty Co. is living up to its name with a giant warehouse on its drawing board. Consider: The warehouse is the size of almost 13 football fields; It could store 10 Statute of Liberties; The amount of steel used to construct it could build 1,883 Priuses; The asphalt required could build a 20-foot-wide road…

Kris Oppermann Stern

April 29, 2017
801 Chophouse

‘Big city chefs’ bring cosmopolitan flair to Mile High

Denver’s culinary scene is rapidly evolving and attracting the interest of chefs and restaurateurs from some of the nation’s most prominent dining cities, including New York City, Chicago, Los Angeles,

CREJ

April 28, 2017
Denver Pavilions

16th Street Mall: An economic engine

Downtown Denver and its city center neighborhoods are home to nearly 80,000 residents, a number that has increased by 16,000 since 2010. Denver is one of the fastest-growing cities in the country, and

CREJ

April 28, 2017

Pioneering project coming to Westminster

The city of Westminster and REgeneration Development have executed a letter of intent to partner on the development of the first market-rate, transit-oriented, mixed-use project at Westminster Station.

Jolene Wollett

April 28, 2017

How to prepare for potential property tax increases

This time of year, property taxes are at the forefront of the minds of owners, property managers, brokers and tenants. Recently I was asked what can be done to lower the property taxes passed through to the

CREJ

April 28, 2017
Comp of the Day handshake image

Prospect Ridge Academy acquires 6.41 acres in Broomfield for expansion

Broomfield County Property Location: 16651 Alcott Way, Broomfield Property Description: Vacant land Land Size: 6.41 acres Sales Price: $1.44M, or $5.15 psf Reception No.: 2017003507 Grantor: NP Development Inc., Michael S. Warren, SVP, 970-962-9990 Grantee: PRA Building Corp c/o Prospect Ridge Academy, Ken Rooks, mgr. Closing Date: 3/21 Comments: See file plat recorded 2-3-2017, 2017001565, county of Broomfield.…

John Winslow

April 28, 2017