Marcus & Millichap First Quarter 2016 Multifamily Research Market Reports

Completions remain elevated this year, placing upward pressure on vacancy. A diversified economy will bode well for the Denver apartment market this year, keeping vacancy at historically low levels despite a surge in inventory.

CREJ

May 18, 2016

Fentress Architects designs new Lone Tree pedestrian bridge

The Lone Tree City Council last month approved Fentress Architects’ design for the Lone Tree pedestrian bridge that will span Lincoln Avenue immediately east of Lincoln Commons. The cable-stayed bridge will be a recognizable feature of the Lone Tree landscape.

CREJ

May 18, 2016
Comp of the Day handshake image

$3.6M Pinehill Crossing | Douglas County

Douglas County Property Location: 19878 E. Hilltop Road, Parker, “Pinehill Crossing” Property Description: 11,753-sf, multitenant strip center, YOC 2008 Land Size: 1.25 acres Sales Price: $3.6M, or $306.30 per sf Reception No: 2016029577 Closing Date: 5/12 Grantor: Pine Hill Building No. 2 LLC, Steven A. Weirich, mgr. Grantee: Pinehill Crossing LLC, Edward E. Simpkins, 949-675-8791…

John Winslow

May 17, 2016

Lee & Associates Office Market Review Q1 2016

First-quarter highlights Biomet Inc. and CoBiz Financial were among the top office lease transactions completed in the first quarter.[vc_column width="1/3"][vc_column width="1/3"][vc_column width="1/3"]

CREJ

May 16, 2016

Negative trifecta is coming to Denver market

The collapse of the housing bubble in 2007 affected single- and multifamily building. Now that we’re almost 10 years past the problem, we see the multifamily market bouncing back strongly while single-family housing has yet to fully recover.

CREJ

May 16, 2016

Schonbrun raises the bar with Balfour

Michael Schonbrun struggled almost two decades ago to come up with a name for his luxury senior housing company, which he believed would raise the bar as far as architecture, design, food, amenities and care. Michael Schonbrun “I spent a lot of time going through dictionaries in English as well as Italian, Latin and Greek…

John Rebchook

May 16, 2016
Lafayette Corporate Campus

Essex arranges loan for Etkin Johnson

In the fall of 2000, about 300 Denver area commercial real estate brokers gathered in a field before boarding a five-seat helicopter, to provide them with an aerial view of what today is the 293,394-square-foot Lafayette Corporate Campus. “Once you're up in the air, it’s a no-brainer,'' Bruce Etkin, principal of Etkin Johnson, the developer…

John Rebchook

May 16, 2016
445 W. 53rd

Lifescape Colorado invests in site along South Platte River

A high-end landscape architecture, construction and maintenance company is growing out of River North and influencing the future of another Denver area.

Jill Jamieson-Nichols

May 16, 2016
61 Inverness

Hawaiian investor pays $10.9 million for Inverness building

A Hawaiian investor has acquired 61 Inverness Drive East, an 87,198-square-foot office building in Inverness Business Park. United Properties sold the three-story building to 61 Inverness Associates, led by a Honolulu investor, for $10.9 million, or $125 per sf. Jeppesen, a subsidiary of The Boeing Co., is the largest of seven tenants, occupying approximately 45…

Jill Jamieson-Nichols

May 16, 2016
Winslow Report

The Winslow Report 5-18-16

The Winslow Report, authored by John V. Winslow is a compilation of transactions recently completed in Adams, Arapahoe, Boulder, Broomfield, Denver, Douglas and Jefferson counties. The information was gathered from county records and deemed to be reliable. Other sources of research include brochures and information verified by owners or listing/selling brokers. Winslow is president of WinComps…

John Winslow

May 15, 2016