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HFF

HFF team handles Bluffs at Highlands Ranch sale

There is no doubt that the Sares-Regis Group of Irvine, California, knows all about the Bluffs at Highlands Ranch. After all, Sares-Regis had been managing the 340-unit Bluffs at Highlands […]

Kris Oppermann Stern

October 17, 2016

‘Gate’way site ready to find new life

Broadway Station, the 41-acre property near Santa Fe Drive and Interstate 25 in Denver, will go to market later this year and potentially bring the development of roughly 2,600 residential units, a million square feet of office product and several hundred thousand sf of retail space as well as return one of Denver’s largest infill sites to productive use.

Jolene Wollett

October 16, 2016

From teenager to today: Kretzschmar passionate about industry

“My job is to make sure our team is performing the way they are supposed to and making sure our clients our satisfied. I am surrounded by just a really, really wonderful team and it’s my job to help them be as good as they can be.”

Jolene Wollett

October 16, 2016
Riverwalk

Confluence plans $60 million Castle Rock project

Golden-based Confluence Cos. will break ground in January on a $60 million mixed-use development in downtown Castle Rock. Confluence received a green light for its Riverwalk at Castle Rock project. […]

Kris Oppermann Stern

October 13, 2016
Comp of the Day handshake image

Townhomes planned in northwest Denver

Denver County Property Location: 4429-4431-4433 Tennyson St., Denver Property Description: 4,896-sf retail building, YOC 1961, brick/frame & 726-sf house, YOC 1900 (land value), plan for 18 townhomes priced in the $600,000 range Land Size: 18,750 sf Sales Price: $2.39M, or $127.47 per sf, or $132,778 per buildable townhome lot Reception No.: 2016139651 Closing Date: 10/7 Grantor:…

John Winslow

October 13, 2016

Transwestern releases third-quarter market reports

Asking rates for Class A office space slowed and direct vacancy ticked up in the third quarter, according to Transwestern's Third Quarter 2016 Economy Report. The Class A direct average asking rate was $30.61/sf, down from $30.76/sf in the second quarter. The Class B direct average asking rate was $22.45/sf up from $22.36/sf. The overall direct average asking rate was…

CREJ

October 12, 2016
Charles Schwab building

Office market enjoys relocation and expansion flurry

Relocation and expansion activity is occurring regularly within the Denver metro region, with 20 companies making announcements this year, including 13 that are new to the region and seven existing

Kris Oppermann Stern

October 12, 2016
Comp of the Day handshake image

Northeast Denver Industrial building snagged by California owner-user

Denver County Property Location: 5301 E. 39th Ave., Denver Property Description: 51,410-sf industrial building, YOC 1958 (includes 2,480-sf finished office area & 18,715-sf fenced storage yard, brick & concrete block construction, four dock-high doors & one drive-in door, sprinkled, 15’ to 18’ clear height Land Size: 1.88 acres, zoned I-A Sales Price: $3.9M or $75.86 psf…

John Winslow

October 12, 2016
Comp of the Day handshake image

KB Home Colorado takes down 42 lots in latest Stapleton filing

Denver County Property Location: NWC & SWC Alton St. & E. 59th Place, Denver Property Description: 42 vacant lots Land Size: 3.12 acres Sales Price: $2.77M, or *$20.42 psf, or $66,000 per lot Reception No.: 2016134791 Closing Date: 9/29 Grantor: FC Stapleton II LLC, Brian Fennelly, VP Grantee: KB Home Colorado Inc. Financing: Cash Comments: Lots…

John Winslow

October 11, 2016
Denver skyline

Escalating costs impact Denver properties

With property taxes steadily increasing, commercial real estate helping to fund large city initiatives and potentially mandated sustainability improvements, the cost of owning property in Denver is rising

Kris Oppermann Stern

October 10, 2016