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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, 2016
CBRE industrial

Warehouse 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, 2016
Comp of the Day handshake image

Western 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, 2016
Comp of the Day handshake image

Senior 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, 2016
StorQuest

Upscale 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, 2016
JPMorgan site

JPMorgan Chase buys Aurora property for ‘operations site’

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 6, 2016
Comp of the Day handshake image

Englewood 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, 2016
Encompass Business Park

Spec 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, 2016
Capitol Center

SteelWave 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, 2016
Comp of the Day handshake image

Redevelopment 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