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Retail Market Watch Report from Transwestern

Transwestern Denver released its first-quarter 2016 Retail Market Watch Report. [vc_column width="1/3"][vc_column width="1/3"][vc_column width="1/3"]

CREJ

May 23, 2016
Comp of the Day handshake image

$2.7M, Boulder County

Boulder County Property Location: 517 Stacy Court, Christian Brothers Automotive Property Description: 4,968-sf, single-story auto repair center, YOC 2014, masonry, single-tenant building, nine overhead doors Land Size: 24,234 sf Sales Price: $2.7M, or $543.48 per sf Reception No: 03518130 Closing Date: 5/16 Grantor: CBH Properties Lafayette LLC, Mark A. Carr, CEO of Christian Brothers Automotive…

John Winslow

May 23, 2016
Comp of the Day handshake image

$16.19M Englewood | Arapahoe County

Comp of the Day is provided by by John V. Winslow, president of WinComps LLC. Winslow has more than 40 years’ experience in commercial real estate. He can be reached at 720-612-7878 or Colprop2012@gmail.com. Douglas County Property Location: 167 Inverness Drive West, Englewood, Arapahoe County Property Description: Vacant land Land Size: 8.26 acres Sales Price:…

John Winslow

May 20, 2016
Union Tower West

Husch Blackwell to be first tenant at Union Tower West

Portman Holdings, developer of the mixed-use Union Tower West in Denver’s LoDo area, announced that law firm Husch Blackwell will lease 36,272 square feet of office space at Union Tower West, scheduled to open December. Union Tower West is Portman’s first development in Denver. It will contain 100,000 square feet of office space above the…

Kris Oppermann Stern

May 18, 2016

Marcus & Millichap First Quarter 2016 Multifamily Research Market Reports

Completions remain elevated this year, placing upward pressure on vacancy. A diversified economy will bode well for the Denver apartment market this year, keeping vacancy at historically low levels despite a surge in inventory.

CREJ

May 18, 2016

Fentress Architects designs new Lone Tree pedestrian bridge

The Lone Tree City Council last month approved Fentress Architects’ design for the Lone Tree pedestrian bridge that will span Lincoln Avenue immediately east of Lincoln Commons. The cable-stayed bridge will be a recognizable feature of the Lone Tree landscape.

CREJ

May 18, 2016
Comp of the Day handshake image

$3.6M Pinehill Crossing | Douglas County

Douglas County Property Location: 19878 E. Hilltop Road, Parker, “Pinehill Crossing” Property Description: 11,753-sf, multitenant strip center, YOC 2008 Land Size: 1.25 acres Sales Price: $3.6M, or $306.30 per sf Reception No: 2016029577 Closing Date: 5/12 Grantor: Pine Hill Building No. 2 LLC, Steven A. Weirich, mgr. Grantee: Pinehill Crossing LLC, Edward E. Simpkins, 949-675-8791…

John Winslow

May 17, 2016

Lee & Associates Office Market Review Q1 2016

First-quarter highlights Biomet Inc. and CoBiz Financial were among the top office lease transactions completed in the first quarter.[vc_column width="1/3"][vc_column width="1/3"][vc_column width="1/3"]

CREJ

May 16, 2016

Negative trifecta is coming to Denver market

The collapse of the housing bubble in 2007 affected single- and multifamily building. Now that we’re almost 10 years past the problem, we see the multifamily market bouncing back strongly while single-family housing has yet to fully recover.

CREJ

May 16, 2016

Schonbrun raises the bar with Balfour

Michael Schonbrun struggled almost two decades ago to come up with a name for his luxury senior housing company, which he believed would raise the bar as far as architecture, design, food, amenities and care. Michael Schonbrun “I spent a lot of time going through dictionaries in English as well as Italian, Latin and Greek…

Kris Oppermann Stern

May 16, 2016