Clayton Lane lands 1st class developer

San Diego-based OliverMcMillan made a big splash when it recently paid almost $170 million for Clayton Lane, the western gateway to Cherry Creek.

John Rebchook

April 19, 2016
Ritz Carlton

HFF puts on the Ritz with loan

Eric Tupler was putting on the Ritz. Putting a loan on the Ritz-Carlton Denver, that is. Tupler, a senior managing director in HFF’s Denver office, was part of the Holliday Fenoglio Fowler L.P. team that earlier this month arranged a $55.1 million in refinancing for the 202-room Ritz Carlton on a half-acre site at 1881…

John Rebchook

April 19, 2016
Winslow Report

The Winslow Report 4-20-16

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

April 18, 2016

A basic guide on what it takes to accomplish a zoning change

An owner (or buyer) of real estate may wish to change a property’s zoning in cases where the zoning disallows the intended or desired use of the property.

CREJ

April 18, 2016

April monthly economic indicators

The Metro Denver Economic Development Corp. recently released its April Monthly Economic Indicators report.

CREJ

April 13, 2016
Arsenault

Arsenault: another recession could hit in 2019

Marcel Arsenault, like the investors in the popular “Big Short” movie based on the book of the same name by Michael Lewis, correctly predicted the housing collapse and Great Recession, and profited handsomely from betting against the housing industry. Arsenault, chairman and CEO of Louisville-based Real Capital Solutions, today is investing hundreds of millions of…

John Rebchook

April 8, 2016

Office rents up, absorption down, according to JLL summary

While Denver’s economy – and rental rates for office space – remain strong, the office market saw negative absorption in the first quarter of the year, largely due to sublease space becoming vacant, according to JLL’s Office Insight summary. The average direct asking rate for office space in the Denver metro continued to climb in…

CREJ

April 8, 2016
Self-storage Vacancy Trends

Self-storage vacancies drop, rents climb

Vacancies in self-storage properties in the Denver metro area and nationally will continue to decrease and rents will climb, according to Marcus & Millichap’s recently released 2016 Self-Storage Investment Forecast. The report says after three years of near-level vacancy in the Denver market, a drop of 110 basis points to 9.2 percent is expected by…

CREJ

April 5, 2016
3D Systems Technology Park at Mountain West

C-470 office/flex park hits ground running

An office/flex park on the C-470 corridor in Littleton recently landed an anchor tenant and is rolling out additional speculative buildings. A leading provider of three-dimensional printing solutions, 3D Systems Inc. leased a 70,000-square-foot building at the new 3D Systems Technology Center at Mountain West. The company provides 3-D printing design-to-manufacturing solutions, including 3-D printers,…

Jill Jamieson-Nichols

April 5, 2016

Denver industrial market: Is the party winding down?

The party may be winding down for Denver’s industrial market. The vacancy rate for industrial space increased for the first time in six years in the last quarter of 2015, and around 3.5 million square feet of speculative industrial space is being built – a million sf more than was delivered last year. “One-off” players…

Jill Jamieson-Nichols

April 5, 2016