Amazon 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, 2020Amazon buys site in Colorado Springs
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Jolene Wollett
March 1, 2020Second-ever Amazon 4-star opens at Park Meadows
The second-ever Amazon 4-star has opened its doors at Park Meadows in Lone Tree, where the 4,000-square-foot space is a physical store for the online giant.
Jolene Wollett
November 2, 2018Denver tops retail square feet decline
Denver, or perhaps Dallas, has more square feet of retail space per capita than any other city in the U.S. I first heard that when I was the real estate editor of the Rocky Mountain News in the early 1980s. I heard that Denver was either No. 1 or No. 2 multiple times in the…
Kris Oppermann Stern
October 17, 2018Prologis deal for DCT second largest ever
Prologis made a true blockbuster announcement this week when it said it would pay $8.4 billion for Denver-based DCT Industrial Trust. It appears to be the second-largest industrial real estate transaction ever. Ironically, the only bigger industrial deal occurred in 2011, when AMB Property Corp. paid $8.7 billion in stock for the larger Prologis. AMB,…
Kris Oppermann Stern
May 3, 2018Denver real estate a relative bargain
Denver real estate is a bargain...at least if you are coming from San Francisco. Pilot John R. Tennyson late last year moved from San Francisco to Denver. Tennyson, a pilot with Southwest Airlines, brings a mile-high perspective to the Mile High city's real estate, which has never been more expensive. In Denver, Tennyson was able to buy…
Kris Oppermann Stern
April 4, 2018Amazon – Denver’s chance to land a Blue Whale
Amazon is amazing. I admit it. I’m an Amazon junkie. I use Amazon Prime almost daily, it seems, to order everything from organic dog food to solar-powered lights. I’ve binged on Amazon originals like "The Man in the High Castle" and "The Marvelous Mrs. Maisel." I only wish I had followed the old Peter Lynch maxim to…
Kris Oppermann Stern
February 1, 2018Hawks – CREJ apartment conference coming Oct. 19
Jeff Hawks would be disappointed if he listed a Denver area apartment community and didn't receive at least 10 offers. Hawks is seldom disappointed these days. “To a lot of people’s surprise, the apartment market is holding up fairly well. Everyone believed that we were overbuilding” and Denver’s red-hot apartment market was cooling, said Hawks,…
Kris Oppermann Stern
October 4, 2017Amazon prime sites
Amazon Prime. Amazon prime time in Denver, that is. You know what I’m talking about. Everyone in the Denver area is buzzing about the possibility that Amazon could plant its $5 billion flag - a second headquarters - in the Denver area. The New York Times even opined that Denver is the best choice for…
Kris Oppermann Stern
September 25, 2017Phillips 66 Louisville site under contract to Bancroft
The company that developed the Peloton in Boulder has the prized 432-acre property in Louisville under contract that is owned by energy giant Phillips 66, the Colorado Real Estate Journal has learned. Bancroft Capital, based in Manhattan Beach, California, appears to have agreed to pay $50 million for the land off U.S. 36, which is…
Kris Oppermann Stern
September 19, 2017