Broe expands MOB repositioning strategy with $15.6M buy
Broe Real Estate Group recently expanded its medical office building repositioning efforts with the $15.6 million acquisition of Dry Creek Medical Office Building. Broe plans to invest $2 million-plus to reposition the 57,257-square-foot building, where it already has extended leases with two major tenants. Dry Creek Medical Office Building is a multitenant building on 4.23…
Kris Oppermann Stern
August 19, 2019NewStreet makes ‘smart’ buy with Panasonic building
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Kris Oppermann Stern
August 19, 2019Springs’ booming economy impacts apartment market
Colorado Springs rewrites the rulebook on millennial appeal, creating a reputation as a hot spot for young professionals seeking a higher quality of life.
CREJ
August 18, 2019Housing crisis motivates innovative, new approaches
A recent report by ATTOM Data Solutions announced Denver as the worst county for home affordability in the United States, as a percentage of income necessary to afford a median-priced home relative to historic averages.
CREJ
August 18, 2019United Properties lands mattress company for 289,113 sf
United Properties landed one of the biggest names in mattresses for a newly completed, 289,113-square-foot speculative industrial building at Interstate 70 and Tower Road in Aurora. Sealy Mattress Manufacturing Co. signed a long-term lease for Tower Business Center 1 at 18701 E. 38th Ave. Tenant improvements are underway, and Sealy is expected to take occupancy…
Kris Oppermann Stern
August 18, 2019Westminster building acquired for $14.98M
A local investment group acquired an approximately 126,000-square-foot value-add office building along the U.S. Highway 36 corridor for $14.98 million.
Kris Oppermann Stern
August 10, 2019CBD company leases 136,610 square feet in Louisville
Etkin Johnson Real Estate Partners leased a new 136,610-square-foot speculative industrial/flex building at the Colorado Tech Center, prompting construction of the next building at Louisville Corporate Campus.
Kris Oppermann Stern
August 8, 2019First Industrial pays $9 million for PODS building in Aurora
First Industrial Realty Trust bought a net-leased industrial building in Aurora for $9 million, or $106.26 per square foot. The 84,700-square-foot building is located at 21110 E. 31st Circle. Moving and storage company PODS occupies the property on a triple-net lease with more than eight years remaining on the term. First Industrial Senior Regional Director…
Kris Oppermann Stern
August 8, 2019Homewood Suites by Hilton Boulder among hotel sales
A Denver group paid $16.9 million for the Homewood Suites by Hilton Boulder, while an institutional investor picked up four other hotels in deals totaling $45.82 million.
Kris Oppermann Stern
August 7, 2019Denver targeted by fast-growing Sonder
A hospitality company with more than $400 million in funding is on track to add multiple new locations in some of Denver’s most desirable neighborhoods.
Kris Oppermann Stern
August 4, 2019