Bindery

HFF secures loan for Bindery

If you want to know what RiNo is all about, look no further than the Bindery on Blake. The Bindery seamlessly melds a variety of office and retail uses into two buildings. The buildings themselves speak volumes about the neighborhood, which mixes the gritty charm of the old and celebrates the new. When the second…

John Rebchook

July 18, 2016

Central Denver freezer-cooler building sells for $12.5 million

A freezer-cooler facility near the National Western complex in Denver sold for $12.5 million, or $100.40 per square foot, in an off-market transaction. Versacold USA Inc. sold the 124,500-square-foot building at 5120 Race Court to 5120 Race Court LLC. Colorado Premium Foods LLC, which occupies the adjacent building at 5140 Race Court, signed a 10-year…

Jill Jamieson-Nichols

July 18, 2016

New owner to take Palo Verde apartments to new heights

A 1980s apartment community is ready to reach new heights. “It is just prime to be taken to the next level,” ARA Newmark’s Kevin McKenna said of the value-add opportunities presented by the Palo Verde apartments in southeast Colorado Springs. “You can count on one hand the number of properties built in the 1980s that…

Jennifer Hayes

July 16, 2016

Construction starts on $233.1 million light-rail extension

The $233.1 million construction project is estimated to create more than 300 jobs through 2019.

Jennifer Hayes

July 5, 2016
Sixth Avenue West Business Park

Canadian buyer purchases buildings for $24 million

A Canadian real estate company paid $24 million, or $112.09 per square foot, for 214,116 sf of flex space in the west Denver submarket, public records show. Vancouver, British Columbia based Amacon bought Westpark Business Park and Sixth Avenue Business Park from First Industrial Realty Trust. First Industrial acquired the properties as part of a…

Jill Jamieson-Nichols

July 5, 2016
apartments

Laratta sells ‘hidden gem’ apartment

Apartment broker John Laratta said the Englewood neighborhood near Craig Hospital and Swedish Medical Center in Englewood may be a hidden gem. “Some would argue that,” said Laratta, a broker with Berkadia. There are quite a few apartment buildings in the area, but many of them are in the hands of long-term owners who have…

John Rebchook

July 5, 2016
Rangeview

HFF makes McWhinney loan

Byline Here if you need it for a contributor. Set Featured image in lower right hand corner. I am text block. Click edit button to change this text. Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.Featured in CREJ's July 5-19 issue

John Rebchook

July 5, 2016
Hotel Chart 2

Hot hotel market slows down after record-breaking year

The hotel industry started to cool in the first quarter, but that’s not alarming considering how hot it was last year. Hotel occupancies and rates hit record levels nationally in 2015, and Denver was no exception, according to Alison Hoyt, senior project manager with STR, who spoke at a recent Hotel & Resort Summit &…

Jill Jamieson-Nichols

June 14, 2016
RiNo

Riesing: Rino is Denver’s Brooklyn

The River North Art District, better known as RiNo, has experienced a whirlwind of recent activity. For example, Zeppelin Development, headed by RiNo pioneers Kyle and Mickey Zeppelin, recently announced it had paid $7.3 million for the Ready Mixed Concrete site next to its award-winning, mixed-use TAXI development on Ringsby Court. They plan to develop…

John Rebchook

June 14, 2016

Vukota Capital acquires Stratus apts. for $17.38 million

Vukota Capital Management continues to grow its Colorado Springs apartment portfolio, most recently with its acquisition of the 216-unit Stratus community.

Jennifer Hayes

June 13, 2016