Northwest 36 to create business incubator/office tech space
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Kris Oppermann Stern
June 20, 2019
Interest in Airways buildings is sky-high
Four Class A distribution buildings at Airways Business Center produced a feeding frenzy among investors before selling to a real estate investment trust for $48.27 million. Records show EastGroup Properties paid $126.32 per square foot for Buildings 2, 4, 5 and 6, which account for 382,137 sf of space in Denver’s leading industrial submarket. “I…
Kris Oppermann Stern
June 16, 2019
Local accountant ups his investments with Monaco Tower
A value-add office building in Glendale sold to a local accountant for $5.8 million, or $91.82 per square foot. Benjamin Borgers bought Monaco Tower, a six-story, 63,170-sf building at 925 S. Niagara St., from an entity managed by Stabilis Capital Management LP. Stabilis modernized the building systems and infrastructure after acquiring the property in 2014…
Kris Oppermann Stern
June 15, 2019
Karis Capital fills niches with two industrial developments
A Chicago area company that seeks to fill a niche with each of its projects has $85 million worth of industrial deals in the pipeline in Denver. Karis Capital is under construction on a 163,790-square-foot front-park, rear-load building with trailer parking for tenants as small as 40,000 square feet at 1910 N. Gun Club Road…
Kris Oppermann Stern
June 14, 2019
Loveland apartments sell in $206.5 million portfolio deal
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Kris Oppermann Stern
June 14, 2019
Hotel developer checks into Broomfield with Home2 Suites
A Dallas-based hotel development company is checking into the Denver market with plans for a Home2 Suites by Hilton in Broomfield. Fayth Hospitality Group LLC, led by hotel industry veterans Greg Fay and Randy Churchey, expects to break ground on the 107-suite hotel at 505 Zang St. this summer. Opening is targeted for summer 2020.…
Kris Oppermann Stern
June 14, 2019
Watershed to bridge office space with outdoors in RiNo
Koelbel and Co., along with L&M Capital, is creating a new option for office and retail users in River North with Watershed, a nine-story building with outdoor spaces cascading toward the South Platte River. The approximately $72 million development at 3555 Brighton Blvd. is moving toward groundbreaking in early 2020 and opening in mid-2021. It…
Kris Oppermann Stern
June 7, 2019
Tech-centric office building trades for $20.99 million
McWhinney recently acquired a Class A office building on the Harmony Road corridor for $20.99 million, or $116.87 per square foot. The 179,688-sf building at 3420 E. Harmony Road in Fort Collins is 100% leased to telecommunications provider Comcast and two strong technology companies: Madwire and Micro Focus. “We’re pleased to expand McWhinney’s collection of…
Kris Oppermann Stern
June 6, 2019Shamrock Foods buys land for building
Shamrock Foods has acquired just over 116 acres of land at Majestic Commercenter in Aurora for construction of a new distribution facility. The company, which currently leases space at the master planned industrial park, bought the property from a Majestic Realty Co. affiliate for $30.35 million, or $6 per square foot, according to Adams County…
Kris Oppermann Stern
June 1, 2019
Milestone to bring first of 684 apartment units to Lafayette
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Kris Oppermann Stern
May 31, 2019
