Tech key to CREJ property management event
Drones, digital touch screens, virtual and augmented reality, and innovative software packages are some of the tools that cutting-edge property managers are using. Indeed, Technologies and Tools is the name of one of the panels at an upcoming property management conference. “It’s a pretty cool panel,” said Zvi Rudawsky, managing member at Wheelhouse Commercial, which…
Kris Oppermann Stern
February 4, 2019Zeppelin scores development hat trick
“Remind me not to open three major projects in a year that are bigger than anything I’ve ever done before,” Kyle Zeppelin posted on his Facebook page. Zeppelin made the post regarding his development hat trick with only one hour and eight minutes left of the year. Opening three diverse, one-of-kind developments made for a…
Kris Oppermann Stern
January 23, 2019Kudos for Kudla
Peter Kudla is not just a veteran Denver developer. In addition to developing a wide range of projects, Kudla is a raconteur and bon vivant. “Some people know me more for my cooking than for my developments,” Kudla told Rebchook Real Estate Watch earlier this week. It’s also safe to say that Kudla, 65, the…
Kris Oppermann Stern
January 18, 2019Triple-net investing hits home at CREJ event
When is a triple a home run? When you are talking about triple-net, or NNN, investments. “The triple-net market is doing really well. We had record sales of triple-net properties last year,” said Drew Isaac, a broker at Marcus & Millichap. Isaac will present and moderate at the 2019 Single Tenant, NNN Conference & Expo…
Kris Oppermann Stern
January 15, 2019Economist Creighton leaves legacy
In 1990, my business editor at the Rocky Mountain News, the late Lynde McCormick, described economist Lucy Black Creighton as “perhaps the best known of Denver’s businesswomen.” Creighton, a pioneer and prominent economist in Denver, died on Christmas. A memorial service was held Monday. Creighton, who died peacefully in Denver at age 91, was a…
Kris Oppermann Stern
January 10, 2019Denver developer relocates his Porta Power Co. to $6 million industrial facility
Denver County Property Location: 10777 E. 45thAve., Denver Property Description: 56,796-sfindustrial building, YOC 1968, brick Land Size: 4.218 acres Sales Price: $6M, or $105.64 psf Reception No.: 2019001403 Closing Date: 1/4 Grantor: Scott Development Group LLC (Monida F. Scott, mgr.) Grantee: 3939 Williams Building Corp. (Byron Weiss, mgr.), 1717 E. 39thAve., Denver, Financing: Cash Comments: Buyer’s company, Porta Power, will relocate to this…
John Winslow
January 9, 2019Bullish Calbert moderating CREJ leaders panel
During his 45-year career, Brad Calbert has been in the trenches for every boom, bust and commercial real estate cycle between the two extremes in Denver. As a commercial real estate broker, Calbert has been involved in the sale or finance of more than 150 transactions that totaled more than 30 million square feet. Calbert's…
Kris Oppermann Stern
January 7, 2019Color Book hit for JVA
Color me impressed. I recently attended a press conference at a downtown Denver hotel updating the market branding efforts underway in Winter Park. While waiting for the speakers to kick off their presentations, I wandered over to tables represented by vendors in the construction and development trades. I ignored the commemorative pens and lip balm…
Kris Oppermann Stern
January 3, 2019Samaritan’s Purse lands Douglas County industrial building
Douglas County Property Location: 8648 S. Peoria St., Englewood Property Description: 63,550-sf industrial building (9,530 sf office area), 20 dock-high doors, two drive-in doors, 24-foot-clear ceiling, ESFR fire sprinklered, YOC 2018 Land Size: 4.765 acres Sales Price: *$10.17M Reception No.: 2018070295 Closing Date: 11/15 Grantor: IBC Holdings (Brian C. Mott, mgr.), 303-674-1300 Grantee: Samaritan’s Purse (Phyllis T. Payne…
John Winslow
December 24, 2018Stapleton retail site sells to Evergreen Devco for $11.45 per square foot
Denver County Property Location: NEC Central Park Blvd. & E. 56thAve., Denver Property Description: Vacant retail site Land Size: 6.8 acres Sales Price: $3.39M, or $11.45 psf Reception No.: 2018152093 Closing Date: 11/28 Grantor: FC Stapleton II LLC (Jim Chrisman, VP) Grantee: Evergreen 56th& Central Park LLC, c/o Evergreen Devco Inc., Tyler Carlson, EVP 303-757-0401 Comments: Proposed shopping…
John Winslow
December 18, 2018