Arapahoe Business Park

Southeast suburban office/flex projects fetch $78.5 million

Hines REIT has sold nearly half a million square feet of space in the southeast suburban submarket for $78.5 million in the largest office/flex-only sale in Colorado in the last decade. A partnership consisting of an international investment adviser and Houston-based Griffin Partners Inc. purchased Arapahoe Business Park, which contains seven single-story buildings totaling 309,450…

Jill Jamieson-Nichols

June 14, 2016
Hotel Chart 2

Hot hotel market slows down after record-breaking year

The hotel industry started to cool in the first quarter, but that’s not alarming considering how hot it was last year. Hotel occupancies and rates hit record levels nationally in 2015, and Denver was no exception, according to Alison Hoyt, senior project manager with STR, who spoke at a recent Hotel & Resort Summit &…

Jill Jamieson-Nichols

June 14, 2016
Preserve at the Meadows

Preserve at the Meadows sells for $209,545 per unit

A Fort Collins apartment community that never hit the market achieved what is believed to be a record price per unit.

Jill Jamieson-Nichols

June 14, 2016
Winslow Report

The Winslow Report 6-14-16

The Winslow Report, authored by John V. Winslow, CRE, 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…

John Winslow

June 14, 2016

Energy sector still impacting office market

From an office market perspective, last year was characterized by significant changes in the energy sector, as the industry grappled with a sustained depression of global oil prices.

CREJ

June 14, 2016
RiNo

Riesing: Rino is Denver’s Brooklyn

The River North Art District, better known as RiNo, has experienced a whirlwind of recent activity. For example, Zeppelin Development, headed by RiNo pioneers Kyle and Mickey Zeppelin, recently announced it had paid $7.3 million for the Ready Mixed Concrete site next to its award-winning, mixed-use TAXI development on Ringsby Court. They plan to develop…

John Rebchook

June 14, 2016
Thorn

Thorn, Koelbel developing key Aurora site

Two veteran development teams, George Thorn of Mile High Development and Koelbel & Co. have teamed up to develop a key 21.5-acre, transit-oriented development in Aurora at what is considered the southern entrance to the city. “It is a long time coming,” said Thorn about what is known as Regatta Plaza at Interstate 225 and…

John Rebchook

June 14, 2016
retail

CREJ retail conference on tap

No question about it. The Denver area retail market is strong. Kenneth A. Himel, a retail broker at David Hicks Lampert, doesn’t think any of the brokers, developers and restaurateurs speaking at 2016 Retail Summit & Expo will question the strength of the market. Himel will moderate a panel on the state of the market…

John Rebchook

June 14, 2016
Inova Dry Creek

Comcast to occupy Inova Dry Creek

Comcast Corp. has leased Inova Dry Creek I, a five-story, 212,000-square-foot office building located at 7250 S. Havana St. in Centennial. Inova I will be the first building completed at Inova Dry Creek, a 650,000-square-foot mixed-use office, flex and residential campus just east of Interstate 25 and East Dry Creek Road in Centennial. NGKF’s Jason Addlesperger, Dave…

CREJ

June 13, 2016

Responding to consumer driven health care

Improving patient experience incorporates pushing care to where the patient is located, functional design, as well as assuring convenient hours and access.

CREJ

June 13, 2016