Transwestern Denver’s May 2016 Market Watch Reports
Transwestern releases its latest reports for the Office, Industrial, Retail and Flex markets. [vc_column width="1/3"][vc_column width="1/3"][vc_column width="1/3"]
CREJ
June 13, 2016Warehouse space drives industrial leasing
Eighty-four percent of leasing activity over the past four quarters has been in warehouse/distribution space, according to CBRE E-commerce is poised to takeover food and beverage to become the second largest industry leasing category in Denver’s warehouse/distribution market. [vc_column width="1/3"][vc_column width="1/3"]
CREJ
June 10, 2016Western Innovations buys Nome Street building
Denver County Property Location: 4825 Nome St., Denver Property Description: 50,544-sf industrial building, YOC 1973, concrete tilt-up, with rail & 7,140 sf of vacant land on separate parcel of land Land Size: 2.29 acres Sales Price: $3.38M, or $66.77 per sf Reception No.: 2016074563 Closing Date: 6/6 Grantor: The Realty Associates Fund X LP by: TA…
John Winslow
June 9, 2016Senior housing proposed for Golden site
Jefferson County Property Location: SWC Hwy. 93 & Spyderco Way, 20001 Golden Gate Pkwy., Golden Property Description: Vacant land Land Size: 3.94 acres Sales Price: $1.21M, or $7.07 per sf Reception No.: 2016051895 Closing Date: 5/26 Grantor: SRO Properties LLP, Frederick C. Simmons, ptnr. Grantee: Newstar Golden LLC, Senior Living Logic LLC, 303-669-3002, Charles Gee, www.seniorlivinglogic.com Comments:…
John Winslow
June 8, 2016Upscale self-storage facilities rise in Denver
A national self-storage company is raising its profile in the Denver area with developments at a busy intersection near downtown and in the heart of the Denver Tech Center. The William Warren Group, which owns or manages a dozen self-storage facilities in Denver, is under construction on an 815-unit StorQuest facility at West Sixth Avenue…
Kris Oppermann Stern
June 8, 2016JPMorgan Chase buys Aurora property for ‘operations site’
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Kris Oppermann Stern
June 6, 2016Englewood industrial building fetches more than $113 per square foot
Arapahoe County Property Location: 3955 S. Mariposa St., Englewood Property Description: 7,140-sf industrial building, YOC 1972, two drive-in doors, brick construction Land Size: 9,583 sf Sales Price: $810,000, or $113.44 per sf Reception No: D6053871 Closing Date: 5/24 Grantor: A2Z Industrial Properties LLC, Tim Goldstein & Karen Goldstein, mbrs. Grantee: 3955 S. Mariposa LLC, Warren W.…
John Winslow
June 2, 2016Spec building kicks off Encompass Business Park
Denver-based Central Development LLC will develop a 150,000-square-foot speculative industrial building as part of a new Class A business park in Centennial. Encompass Business Park will be developed on 64 acres of land on the east side of South Potomac Street, between East Arapahoe Road and East Fremont Avenue. It will include both speculative and…
Kris Oppermann Stern
May 31, 2016SteelWave joins Capitol Center owner in asset repositioning
SteelWave has entered a joint venture with the owner of an uptown office asset that is a prime candidate for repositioning. The Capitol Center comprises a 133,400-square-foot multitenant office tower at 225 E. 16th Ave. that is 69 percent leased and a 22,857-sf building at 1600 Sherman St. leased to The Colorado Trust. SteelWave and…
Kris Oppermann Stern
May 31, 2016Redevelopment of existing industrial building planned
Denver County Property Location: 2200-2220 California St., Denver Property Description: 18,614-sf commercial building with five drive-in doors, 16’ clear, YOC 1920, masonry construction (to be fully renovated) Land Size: 18,893 sf Sales Price: $3M, or $161.17 per sf Reception No.: 2016067571 Closing Date: 5/24 Grantor: WEJ 2015 Charitable Remainder, William E. Jackson, tr., 303-377-7758 Grantee: 550…
John Winslow
May 31, 2016