Developers plan for 1M sf of office space at Peña Station Next project
National commercial development and investment company KDC entered a partnership with master developer L.C. Fulenwider Inc. to build more than 1 million square feet of build-to-suit office space at the […]
Kris Oppermann Stern
September 4, 2020CoBank Center sells for $120M
A global investor acquired a Greenwood Village office asset for $120 million. Sentinel Real Estate Corp. purchased the CoBank Center, the 274,287-square-foot office tower at 6340 S. Fiddlers Green Circle, […]
Kris Oppermann Stern
September 4, 2020How do today’s increasing cap rates impact real estate values?
Commercial property values recently were hitting peaks with investors rushing to invest in high-quality commercial real estate as yields on other assets like Treasurys continued to languish. Now the tides have turned with high-quality
CREJ
September 4, 2020Highpointe Park community trades for $53.6 million
An apartment community situated at Thornton’s highest point recently sold for $53.6 million. KG Berkeley Investors LLC paid $243,636 per unit and $259 per square foot for Highpointe Park, a […]
Jolene Wollett
August 31, 2020Subaru signs 550,000-sf lease at Majestic Commercenter
Subaru of America inked a long-term, 550,000-square-foot lease at Majestic Commercenter – driven to the park’s amenities and ability to expand to a larger location. The carmaker signed the lease […]
Jolene Wollett
August 31, 2020Local buyer acquires Centerra bldg. for $9.6M
A Loveland multitenant office building recently traded in a record-breaking sale. Colorado-based buyer 1725 East Prospect Building Partnership RLLP purchased the Sky Pond Office Building, the 29,589-square-foot, Class A office […]
Kris Oppermann Stern
August 31, 2020Amazon distribution center trades hands
A California-based buyer acquired an Amazon distribution center in Loveland for $32.63 million. Mark IV Capital purchased Centerra Industrial Building IV, the Class A, 122,806-square-foot industrial facility at 4541-4555 Viking […]
Kris Oppermann Stern
August 31, 2020Northern CO needs new water market benchmarks
The Northern Colorado water market, extending along the Front Range from Denver north to the Wyoming border, is one of the most active water markets in the western U.S. This market annually sees over $60 million in water sales
CREJ
August 31, 2020Mortenson Development, Seavest Healthcare partner on Candelas MOB
Mortenson Development Inc. and Seavest Healthcare Properties will joint venture on SCL Health’s new 43,732-square foot Class A medical office building at the intersection of West 91st Place and Candelas Parkway within Candelas in Arvada. Mortenson’s construction arm will build the two-story facility, which was designed by Davis Partnership Architects.
Kris Oppermann Stern
August 30, 2020Vacant Salvation Army facility sells for $6M to developers
A longstanding flex property in Globeville sold to a buyer experienced in redevelopment. Wolf | Stutz Investments, headed by developers Ken Wolf and Ari Stutz, whose prior projects have included […]
Jolene Wollett
August 23, 2020