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Schnitzer West buys two properties in southeast Denver

Peakview Place
A conceptual rendering of Peakview Place (Fentress Architects)

Schnitzer West has acquired a site across the street from Fiddler’s Green Amphitheatre entitled for more than 1 million square feet of development.

Peakview Place, a 10.9-acre parcel at 6363 Greenwood Plaza Blvd. in Centennial, was one of two properties purchased. The price wasn’t released, but it was recorded at $20.25 million, or $42.57 per sf. Schnitzer West also bought 115 Inverness, a 55,706-sf office building in Englewood.

Both properties are within walking distance of light-rail stations.

Schnitzer West plans to develop a Class A mixed-use commercial development on the Centennial site starting in January 2020. It currently is assembling a team of “best-in-class” consultants to work on the project.

Read the entire article in CREJ’s March 20, 2019, issue.

Kris Oppermann Stern is publisher and editor of Building Dialogue, a Colorado Real Estate Journal publication, and editor of CREJ's construction, design, and engineering section, including news and bylined articles. Building Dialogue is a quarterly, four-color magazine that caters specifically to the AEC industry, including features on projects and people, as well as covering trends…