Niederman bullish on commercial real estate
There are plenty of shiny, new office towers sprouting along the southeast corridor where Peter Niederman could easily lease 25,000 square feet for his residential real estate firm. So why did Niederman, CEO of Kentwood Real Estate, one of the nation’s most successful residential real estate firms, instead decide to build his own office building,…
Kris Oppermann Stern
April 20, 2017Littleton office building trades for $4.1 million with a 7.15% cap rate
Arapahoe County Property Location: 1420 W. Canal Court, Littleton Property Description: 26,927-sf, two-story with garden level office building, YOC 2001, masonry construction, 108 parking spaces Land Size: 1.99 acres Sales Price: $4.08M, or $151.34 psf Reception No.: D7037409 Grantor: Farrell-Roeh Southpark LLC, John D. Strohm, mgr., 303-794-6655 Grantee: Shane & Elizabeth Roth LLC, 303-471-5788 Closing Date: 3/31 Financing:…
John Winslow
April 19, 2017Historic Rocky Mountain Bank Note Building sells for $10.5 million
Denver County Property Location: 1062 Delaware St., Denver, “Rocky Mountain Bank Note Building” Property Description: 30,000 sf, two-story office building, YOC 1929, renovated in 2012 Land Size: 22,754 sf Sales Price: $10.54M, or $351.20 psf Reception No.: 2017045826 Grantor: 1062 Delaware LLC by: The Nichols Partnership VI LLC, Randy Nichols, mgr., www.nicholspartnership.com, 1644 Platte St., Suite 130,…
John Winslow
April 18, 2017Historic district dissent in NW Denver
Historic district dissent. Last week, West Highland neighbors filed a draft application with Denver Community Planning and Development to create another historic district in the Northwest Denver neighborhood. Although the application will likely will be revised to a certain extent, it does not sit well with Kevin O’Connell, a 22-year resident of what could become…
Kris Oppermann Stern
April 18, 2017Shea Properties brings iconic features to 17th & Curtis
There will be stunning views from Shea Properties’ 28-story apartment building in the middle of downtown Denver, but the most interesting view may be from the street. Passers-by of the high-end apartments on Curtis Street will look up to see people swimming behind a 40-by-9-foot wall of glass at the end of the pool. “This…
Kris Oppermann Stern
April 17, 2017Galvanize building in Golden Triangle trades for $10.54M
Galvanize’s original location, a historic brick-and-timber building in the Golden Triangle neighborhood, has a new owner. Boulder-based GAB Delaware LLC bought the approximately 30,000-square-foot building at 1062 Delaware St. in Denver from a group led by The Nichols Partnership for $10.54 million. The building was constructed for Rocky Mountain Bank Note in 1929. It has…
Kris Oppermann Stern
April 17, 2017Hub 25 leases another 140,000 square feet to four tenants
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Kris Oppermann Stern
April 17, 2017Rockies Lodging Capital buys Fort Collins Marriott hotels
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Kris Oppermann Stern
April 17, 2017Huron Center to be revitalized
The Northglenn Urban Renewal Authority approved agreements with Evergreen-104th & Huron LLC and Impala Capital LLC for the redevelopment of a “challenging” retail site.
Jolene Wollett
April 17, 2017Bill blocks federal contractor ‘blacklisting law’
With the stroke of a pen, President Donald Trump has blocked former President Barack Obama’s executive order that would have required federal contractors and subcontractors to report labor and employment law violations when bidding on federal contracts. March 27, Trump signed a bill that passed Congress a few weeks earlier to disapprove the Fair Pay…
CREJ
April 17, 2017