Emerging Trends ranks Denver 23rd
Emerging Trends ranked Denver No. 23 out of 78 cities, its worst showing in a decade in the high-profile and comprehensive analysis of markets throughout the U.S. and Canada. The last time Denver fared worse was when Emerging Trends ranked Denver in 28th place for 2007. Denver was ranked No. 11 for 2017. Seattle was…
Kris Oppermann Stern
October 30, 2017
Diversity essential to industry’s future, insiders say
A lot has changed in Denver commercial real estate over the past two decades, but something that hasn’t is the relatively small number of brokers who are blacks, Latinos or other racial minorities. Eric Nesbitt “We’re very underrepresented,” said Eric Nesbitt of The Nesbitt Commercial Group: Keller Williams Realty DTC, a broker and real estate…
Kris Oppermann Stern
October 29, 2017
Buyer to unlock potential in historic 17th St. bank building
A historic office building at the corner of 17th and Champa streets in downtown Denver sold to a joint venture for $17.64 million cash. The former Colorado Business Bank Building at 821 17th St. is the first Colorado acquisition for Long Beach, California-based Harbor Associates, a value-add investor that bought the property in a joint…
Kris Oppermann Stern
October 29, 2017
Bentall Kennedy buys Arrow building for $87 million
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Kris Oppermann Stern
October 29, 2017
Zakhem family acquires Brind Mansion in Capitol Hill
Denver County Property Location: 825 Logan St., Denver, “Brind Mansion” Property Description: 6,860-sf, three-story office building, plus 2,442 sf in basement area, YOC 1895, granite & stone construction, with five parking spaces Land Size: 6,190 sf Sales Price: $1.64M, or $239.21* psf Reception No.: 2017133837 Closing Date: 9/29 Grantor: 1625 Downing Partnership LLP, Clifton Latiolais…
John Winslow
October 27, 2017
Koelbel Urban Homes takes down lots at Lowry for $1.05 million
Denver County Property Location: Southwest corner Lowry Blvd. & Oneida St., Denver Property Description: 10 vacant platted lots* Land Size: 10 lots totaling 16,233 sf Sales Price: $1.05M, or $64.68 psf, or $105,000 per lot Reception No.: 2017133818 Closing Date: 10/11 Grantor: Lowry Economic Redevelopment Authority Grantee: KUH Boulevard One LLC (Koelbel Urban Homes) Comments:…
John Winslow
October 26, 2017
Sidford Capital acquires Cherry Creek 0ffice building for $4.4 million
Denver County Property Location: 100 Garfield St., Denver Property Description: 17,930-sf, four-story office building, YOC 1982, masonry & concrete panel/glass construction Land Size: 12,500 sf Sales Price: $4.4M, or $261.41 psf Reception No.: 2017133249 Closing Date: 10/10 Grantor: Midland States Bank Grantee: 100 Garfield Street LLC, Bradley Brooks, mgr., & Andrew P. Wolf, c/o Sidford…
John Winslow
October 25, 2017
Bruteig brings ‘cold, hard facts’ to CREJ conference
Bruteig’s bully pulpit. Cary Bruteig, the go-to apartment authority for everyone in the multifamily business, book-ended the half-day multifamily conference last week that drew about 500 brokers, lenders, developers and others on the ground floor of the Front Range apartment market. Bruteig not only provided a detailed analysis of where the Denver-area and Front Range…
Kris Oppermann Stern
October 25, 2017
Brighton Chase bank building sells to tenant for $933.49 psf
Adams County Property Location: 411 Bromley Lane, Brighton, “Chase Bank” Property Description: 4,285-sf freestanding bank building, YOC 2012, masonry Land Size: 31,462 sf Sales Price: $4M, or $933.49 psf Reception No.: 87888 (2017) Closing Date: 10/5 Grantor: 4th & Bromley LLC, Brad A. McNealy, mgr., 303-571-4650 Grantee: JPMorgan Chase Bank, Heather Beattie, contact, 303-244-3038 Comments:…
John Winslow
October 24, 2017
Office future conference draws Microsoft, TIAA execs
Kindell Williams is managing director of the Denver office of IA Interior Architects, a firm that employs 600 in 19 offices. “Out of our Denver office, we do work for national, global and local clients,” Williams noted. With that kind of perspective, Williams has the pulse of the real estate needs of corporate clients. On Nov.…
Kris Oppermann Stern
October 23, 2017









