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Kliewer rejoins CBRE’s Denver office

Justin Kliewer rejoined CBRE’s Denver office as a vice president with retail services.

CREJ

October 29, 2017
Woodspear

Woodspear makes unusual swap

Woodspear Properties decided it was time to sell The Orchards shopping center in Greenwood Village. And Woodspear ended up selling the prized 73,904-square-foot center in a novel way. But more details of that later. The Orchards, at 5926 S. Holly St., at the key intersection of Orchard Road and Holly Street, is the type of…

Kris Oppermann Stern

October 11, 2017

Buyer branches out with Colorado Springs acquisition

Green Leaf Partners paid $59.25 million, or $227,884 per unit, for the Encore at Rockrimmon, renamed Green Leaf Rockrimmon.

Jolene Wollett

October 9, 2017
Phillips 66

Phillips 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
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…

Kris Oppermann Stern

March 28, 2017
Marijuana

Marijuana laws haven’t scared employers

Economic development guru Tom Clark was worried that when recreational marijuana could legally be sold in Colorado, it would snuff out the strong economic surge sweeping the Front Range. “We were terrified,” said Clark, the CEO of the Metro Denver Economic Development Corp., a post he will be leaving when he retires in March. Clark…

Kris Oppermann Stern

February 9, 2017