Kelmore tapped at Lowry
Centennial-based Kelmore Development has developed about a million square feet of retail space since it was founded about 35 years ago.
Kris Oppermann Stern
March 15, 2016Melcor buys SE assets for $26.45 million
A 93-year-old real estate company expanded its Denver metro holdings with two office properties in the southeast suburban submarket.
Kris Oppermann Stern
March 15, 2016Record year for apartments
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Kris Oppermann Stern
March 15, 2016Light rail’s impact on office is undeniable
In the past five years, prices for the land surrounding light-rail stations have doubled and, in some areas, tripled on a cost per-square-foot basis. One example is the Village Center Station near the Arapahoe light-rail station. About four years ago, the land was valued around $21 a square foot, and now it’s $60 a sf, said Tim Harrington, executive managing director of Newmark Grubb Knight Frank. At the other end of the line, property downtown within proximity of light rail has skyrocketed. It now ranges from $300 to $600 a sf.
Kris Oppermann Stern
March 14, 2016Hotel company buys Union Square property for redevelopment
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Kris Oppermann Stern
March 14, 2016Redevelopment vision of Denver Performing Arts Complex takes center stage
Mayor Michael B. Hancock and Denver Arts & Venues announced the vision plan for the Denver Performing Arts Complex.
Jolene Wollett
March 11, 2016DMCAR honors Heavy Hitters
The Denver Metropolitan Commercial Association of Realtors recently honored its top commercial real estate producers of 2015 in land, industrial, multi-family, office, investment, retail, and small office broker categories at the association’s annual Heavy Hitters Awards. In addition, DMCAR recognized its Young Broker of Denver, Impact Award Winner, Top Landlord companies in the office, retail…
Kris Oppermann Stern
March 10, 2016Investment sales volume hits $10.3 billion
Plentiful capital, attractive market fundamentals and low interest rates contributed to more than $10.3 billion in Denver commercial real estate transactions during 2015, and 2016 should be another solid year for investments, according to CBRE Inc.
CREJ
March 7, 2016Trends in action: Craig Hospital nears completion
After 51 months, with initial planning in winter 2012 and a target completion date set for late 2016, Craig Hospital’s $90 million expansion and renovation is nearing its conclusion. In addition, the hospital announced that it exceeded its $68 million fundraising target by $5 million.
CREJ
March 1, 2016Summit at CTC to deliver spec small-bay industrial product
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Kris Oppermann Stern
March 1, 2016