flight

Flight taking off at Taxi

Freight was the only multitenant, speculative office building under construction in Denver during the Great Recession, recalled Kyle Zeppelin, on a recent pleasant spring afternoon, as he sipped an espresso in the Black Black Coffee shop in the mixed-use Taxi development. Freight was 100 percent leased even before it opened in Taxi. Now, Zeppelin, the son…

John Rebchook

April 25, 2017
Infinity LoHi

Infinity LoHi opening its doors

Infinity LoHi is the latest luxury apartment community opening its doors in the trendy Lower Highland area. The 273-unit community at 2298 W. 28th Ave. is taking appointment from renters. The first residents can start to move in in May. Infinity LoHi is the first apartment community in Denver by Florida-based Richman Signature Properties. “Incredible things…

John Rebchook

April 21, 2017
Kentwood

Niederman bullish on commercial real estate

There are plenty of shiny, new office towers sprouting along the southeast corridor where Peter Niederman could easily lease 25,000 square feet for his residential real estate firm. So why did Niederman, CEO of Kentwood Real Estate, one of the nation’s most successful residential real estate firms, instead decide to build his own office building,…

John Rebchook

April 20, 2017
historic district

Historic district dissent in NW Denver

Historic district dissent. Last week, West Highland neighbors filed a draft application with Denver Community Planning and Development to create another historic district in the Northwest Denver neighborhood. Although the application will likely will be revised to a certain extent, it does not sit well with Kevin O’Connell, a 22-year resident of what could become…

John Rebchook

April 18, 2017
California

California dreaming at Marcus & Millichap

California dreaming. If you are a Denver-based apartment broker, you don’t need to be a Mommas and the Poppas fan to be tuned in to the importance of California investors. “I think last year 26 percent of our deals from our office were from California,” said Tyler Stevens, who recently joined the Denver office of…

John Rebchook

April 13, 2017
condo

Condo colossus coming downtown

Condo colossus. A Miami developer has unveiled plans for a $500 million condominium development that would bring 800 condominium units to downtown Denver in two, 40-story towers. The towers, on a 55,000-square-foot property at 1901 Arapahoe St., would represent the single largest condo project ever built in Denver. Units are anticipated to be priced from…

John Rebchook

April 11, 2017
Virtual reality

Virtual reality for commercial space

I entered the commercial real estate Matrix. I donned the virtual reality goggles, and the 2,000-square-foot office that Walkthrough leases with another company in Lower Downtown was replaced by office furniture supplied by one of Walkthrough’s customers, Interior Environments. A virtual, green-lined grid, which reminded me of the Matrix, kept me from walking into the…

John Rebchook

April 6, 2017
Mathieson

Mathieson takes on critics

Developer Michael Forbes Mathieson could write a book. Mathieson, a Denver infill developer, recently posted a flurry of missives on social media sites responding to critics of his $12 million, five-story, 47-unit apartment building under construction in Denver’s increasingly trendy Berkeley neighborhood. From last fall to last month, Mathieson has posted at least 3,422 words…

John Rebchook

April 3, 2017
Senior housing

Senior housing event is April 20

There is no simple answer to sum up the state of the senior housing industry along the Front Range. “It’s a big market with 10 different product types,” Elisabeth Borden told me. Borden, principal of The Highland Group, a consulting group in Boulder that provides research, planning and marketing solutions for senior housing and care…

John Rebchook

March 30, 2017
MOB

MOB market healthy

The Denver area medical office building market, by almost every metric, is not only healthy, but also in tip-top shape. Last year, $105.2 million in medical office buildings, or MOBs, traded hands, a 20.9 percent jump from 2015, according to a CBRE analysis of the MOB market. Catholic Health Initiatives sold the Lansing Point building in the…

John Rebchook

March 28, 2017