Kentwood Commercial is not just the latest commercial real estate brokerage launched in Denver. “Commercial real estate for me has always been a huge passion,” Peter Niederman, CEO of the new firm as well as the residential real estate firm that also shares the Kentwood name, told me last month. “I didn’t start Kentwood Commercial…

An opportunistic investor picked up a pair of Englewood office buildings in an $18.2 million value-add deal. Dry Creek Property LLC, owned by a fund managed by Westport Capital Partners LLC, purchased 10700 and 10800 E. Geddes Ave. from Colony Northstar Inc. affiliate Dry Creek II & III Holdings-2 LLC. The buildings total 185,957 square…

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The Prentice Point office building in the Denver Tech Center sold in a $34.98 million value-add deal. An affiliate of Rialto Capital Management, a Miami-based investment and asset management company, bought the 213,152-square-foot building at 5299 DTC Blvd. from a partnership of AllianceBernstein and SteelWave Inc. The building was 77.3 percent occupied, offering upside in…

Colorado-based architectural design firm Stantec has showcased renderings and initial timelines alongside preliminary plans to transform the West Parking Lot at 19th and Wazee streets in Denver into a major mixed-use environment spanning an entire city block. Highlighted by a Colorado Rockies Hall of Fame facility and an outdoor gathering plaza, the development also will…

National CineMedia’s America’s Movie Network leased 63,000 square feet at the Cascades Building at 6300 South Syracuse, recommitting its headquarters operation to Denver. Located in Denver’s southeast suburban submarket, west of Interstate 25 at the southeast corner of East Caley Avenue and South Syracuse Way, the seven-story office asset affords convenient local and regional access.…

Arapahoe County Property Location: 14200 E. Sixth Ave., Aurora, “Knights Inn” Property Description: 143-unit motel w/ 40,160 sf in five buildings, YOC 1982, stucco construction Land Size: 2.418 acres Sales Price: $7.15M, or $50,000 per unit, or $178.04 psf Reception No.: D7124490 Closing Date: 11/1 Grantor: Im & Lim Inc., Hyon IK Im Grantee: Kings…

BMC Investments, in partnership with Bow River Capital Partners, announced that demolition and construction has begun at the two-story retail building located at 2727 Detroit St. in the Cherry Creek North neighborhood. The joint venture recently closed on a construction loan with FirstBank to construct an eight-story, 80,000 square foot mixed-use office and retail building on the site. “We…

Sherman Street at the edge of downtown Denver would be allowed higher building height limits and more density under a proposed rezoning. The Sherman Street North Redevelopment Vision has been presented by Tryba Architects to a number of City Council members and neighborhood groups. Tryba Architects is representing the Dikeou family, which owns six parcels…