Amazon to open 1 million-sf fulfillment center
Amazon.com Inc. announced plans to open its first fulfillment center in Colorado. The 1 million-square-foot facility in Aurora is expected to create more than 1,000 new full-time jobs, which is in addition to the hundreds of associates currently employed at the Amazon sortation center in Aurora. “We are excited to create 1,000 new full-time jobs in Colorado that pay 30 percent higher than traditional retail…
CREJ
January 23, 2017GHC Housing acquires Capitol Hill/Midtown apartment portfolio for $19.5M
Denver County Property Location: 701 E. 14th Ave., 1420 Washington St., 1746 Clarkson St., 1825 Logan St., 1920-1928 E. 17th Ave. & 1667 Race St., 1901-1921 E. 16th Ave., 1601 E. 17th Ave., Denver Property Description: Six apartment buildings, total of 121 units with 69,121 sf Land Size: 67,655 sf, total of seven parcel numbers Sales…
John Winslow
January 23, 2017Hamilton Zanze acquires Class B office buildings in Aurora & Centennial
Property Location: 12100-12250 E. Iliff Ave., Aurora, “Aurora Corporate Plaza” Property Description: 219,268-sf, three-story office complex (3 buildings) YOC 1983, concrete panel construction Land Size: 17.15 acres Sales Price: $17.38M, or $79.24 per sf Reception No.: B7006469 Grantor: TNREF III Aurora Corporate Plaza LLC, Paul R. Turovsky, mgr. Grantee: 1500 ACP LLC, David P. Messing, mgr.,…
John Winslow
January 20, 2017Denver investor acquires Lone Tree retail building for $316 per sf
Douglas County Property Location: 9234 Park Meadows Drive, Lone Tree Property Description: 16,311-sf multitenant retail building, YOC 2006 Land Size: 2.5 acres Sales Price: $5.15M, or $315.74 per sf Reception No.: 2017000649 Grantor: Stoneybrook Investments SPE LLC, Kevin McCoy, mgr., & Coot Oil SPE LLC, Gordon Penny, mgr. Grantee: Meadows at Lone Tree LLC (50.789%) & Masbro RLLP…
John Winslow
January 19, 2017Kroenke purchases upscale Centennial Airport hangar/office
Douglas County Property Location: 8725 Aviator Lane, Centennial Property Description: 33,503-sf airplane hangar/office building, YOC 2005 Land Size: 2.66 Acres Sales Price: $6.9M, or $205.95 per sf Reception No.: 2016094860 Grantor: DLTB LLC (David L. Liniger, mgr.) Grantee: GKT Bird Nest Colorado LLC c/o Kroenke Group 573-449-8323 Closing Date: 1/9 Financing: Cash Comments: See APN: 2231-013-02-009. There is 11,849…
John Winslow
January 18, 2017ULI Emerging Trends ranks Denver 11th
Denver didn’t quite make the Top 10 list in the latest Emerging Trends report released by the Urban Land Institute. Instead, Denver ranked No. 11 in the markets to watch in 2017. In the 2016 Emerging Trends report, Denver ranked No. 6. The report — compiled annually by ULI and PwC based on interviews and…
Kris Oppermann Stern
January 18, 2017NexusTek signs 16,000-sf lease in Greenwood Village
Technology services firm NexusTek signed a lease for 16,000 square feet at Scala, a 95,000-sf office building located at 5889 Greenwood Plaza Blvd. in Greenwood Village. Six months following the building renovations, Scala’s tenant base is now 30 percent technology-focused companies. Transwestern’s Senior Vice Presidents Andrew Piepgras and Peter Thomas represented the building owner, Elion…
CREJ
January 17, 2017Buchanan Street Partners buys 5613 DTC
Buchanan Street Partners has acquired 5613 DTC with the intent of taking the high profile southeast suburban office tower to the next level. Buchanan Street bought the 12-story, 224,015-square foot office building, which sits along Interstate 25 at the foot of the Orchard light-rail station pedestrian bridge, from SteelWave LLC. Terms weren’t disclosed, but Arapahoe…
Kris Oppermann Stern
January 16, 2017Portland firm enters market with $35.5 million buy
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Kris Oppermann Stern
January 16, 2017Etkin Johnson reaps rewards with $18.23M Southpark sale
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Kris Oppermann Stern
January 16, 2017