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Cycle apartments

Amenities revolve around new Cycle Apartments

McWhinney’s newest apartment community in Fort Collins will have all the Class A features renters have come to expect, plus a host of amenities revolving around it. Cycle Apartments will be located alongside the new Foothills Mall, putting shopping, dining and entertainment at residents’ doorstep. David Jaudes “We absolutely love what Alberta (Development) has done…

Kris Oppermann Stern

June 29, 2016

Significant new supply headed to many major U.S. hotel markets

Many of the top U.S. hotel markets realized record performance figures in 2015, continuing an upward trend that has brought about an unprecedented amount of proposed hotel supply. HVS’ annual Hotel Market Connections conference series, which concluded June 16, also revealed insights into supply, demand, performance and transaction dynamics for the first half of 2016.…

CREJ

June 27, 2016
Denver skyline

JLL: Office space commands top dollar, but rent growth expected to moderate

Rents for the office buildings that make up the Denver’s skyline have jumped into record territory in 2016 — an average of $40.06 per square foot, 9.7 percent higher than the first quarter of 2015. And rents for trophies (those ultra-premium office towers within the skyline) are even pricier at $42.83 per sf. But JLL’s…

CREJ

June 22, 2016
Comp of the Day handshake image

Proposed self-storage site sells for $7.08 per square foot

Jefferson County Property Location: SEC West 44th Avenue & Youngfield Street (12700 W. 44th Ave.), Wheat Ridge Property Description: Vacant land, rezoned to PUD Land Size: 1.79 acres Sales Price: $550,500, or $7.08 per sf Reception No.: 2016058059 Closing Date: 5/9 Grantor: Raleva Properties KNA Mangone Family, Vincent C. Mangone, mgr. Grantee: Stor-All Youngfield Street LLC,…

John Winslow

June 21, 2016

Do offices with higher densities need more parking?

How can I add more parking spaces? It’s a question I hear frequently from office building owners, developers and property managers. Office building densities are rapidly increasing

CREJ

June 20, 2016
Comp of the Day handshake image

Confluence completes assemblage for Arvada development

Jefferson County Property Location: SEC West 58th Avenue & Tabor Street; NEC West 56th Avenue & Union Street; NWC & SWC West 57th Avenue &Tabor Street (5685 Tabor St, Arvada), “Proposed Timberline Farms” Property Description: Unplatted site & 16 lots platted Land Size: 26.53 acres zoned A-2, proposed PUD-R, Arvada Sales Price: $4.12M, or $3.53 per…

John Winslow

June 16, 2016
Comp of the Day handshake image

New Marriott hotel planned in Denver Tech Center

Denver County Property Location: 5071 S. Syracuse St., Denver, “Marriott Hotel Planned” Property Description: Vacant land, proposed 4-story, 94-unit Marriot Courtyard hotel Land Size: 56,280 sf Sales Price: $1.55M, or $27.54 per sf Reception No.: 2016076743 Closing Date: 6/10 Grantor: The Alice Springs Land and Cattle Co. LLC, David L. Liniger, mbr., founder and CEO of…

John Winslow

June 15, 2016
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…

Kris Oppermann Stern

June 14, 2016
Hotel Chart 2

Hot hotel market slows down after record-breaking year

This post is only available to subscribers of the the Colorado Real Estate Journal. If you have a subscription, please log in to view this post. If you do not […]

Kris Oppermann Stern

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.

Kris Oppermann Stern

June 14, 2016