140 S. Union

Hotel company buys Union Square property for redevelopment

An industrial property in a changing part of Lakewood will undergo its own transformation following its $3.1 million sale. An affiliate of Provo, Utah-based Lodging Dynamics bought the 46,075-square-foot building on 2.76 acres at 140 S. Union Blvd. in Lakewood. It likely will raze the building to construct a hotel but will offer the building…

Jill Jamieson-Nichols

March 14, 2016

Redevelopment vision of Denver Performing Arts Complex takes center stage

Mayor Michael B. Hancock and Denver Arts & Venues announced the vision plan for the Denver Performing Arts Complex.

Jennifer Hayes

March 11, 2016

DMCAR honors Heavy Hitters

The Denver Metropolitan Commercial Association of Realtors recently honored its top commercial real estate producers of 2015 in land, industrial, multi-family, office, investment, retail, and small office broker categories at the association’s annual Heavy Hitters Awards.  In addition, DMCAR recognized its Young Broker of Denver, Impact Award Winner, Top Landlord companies in the office, retail…

John Rebchook

March 10, 2016

Investment sales volume hits $10.3 billion

Plentiful capital, attractive market fundamentals and low interest rates contributed to more than $10.3 billion in Denver commercial real estate transactions during 2015, and 2016 should be another solid year for investments, according to CBRE Inc.

CREJ

March 7, 2016

Trends in action: Craig Hospital nears completion

After 51 months, with initial planning in winter 2012 and a target completion date set for late 2016, Craig Hospital’s $90 million expansion and renovation is nearing its conclusion. In addition, the hospital announced that it exceeded its $68 million fundraising target by $5 million.

CREJ

March 1, 2016
Summit at CTC

Summit at CTC to deliver spec small-bay industrial product

Class A industrial space for small users is coming to the Colorado Technology Center in Louisville. Summit at Colorado Technology Center will provide new space to tenants as small as 9,600 square feet. The 62,400-sf building is one of the first speculative projects for small users to break ground this development cycle. Erik Abrahamson “Over…

Jill Jamieson-Nichols

March 1, 2016
Panorama at Arvada Ridge

CBRE team sells Arvada property for $58.5 million

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…

John Rebchook

March 1, 2016
7926 S. Platte Canyon Road

Financial services firm signs long-term lease for 31,200 sf

A financial services firm signed a 10-year lease for a 31,200-square-foot office building in Littleton. Chatham Financial will expand its local operations into the building at 7926 S. Platte Canyon Road. Kiewit formerly occupied and owns the property. “It was a great opportunity for Kiewit to receive long-term cash flow,” said Tyler Reed of JLL,…

Jill Jamieson-Nichols

March 1, 2016

When will the music stop?

At the time of writing this article, the state of Colorado is still fresh off the Broncos’ Super Bowl victory over the Carolina Panthers.

CREJ

March 1, 2016
4201 Brighton Blvd.

Westfield buys 2.92 acres on Brighton Blvd. for $5.3 million

A redevelopment project in River North has grown by 2.92 acres.

Jill Jamieson-Nichols

February 29, 2016