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Elitch/Pepsi Center

If Amazon HQ2 comes to Denver, where might it go?

Steve Ferris, Founder and principal, Real Estate Garage, Denver This is a special edition of the series on Denver’s “Whale Sites,” defined as extremely prominent and underdeveloped land parcels whose size and location will define Denver’s future growth and development. Introduction. The early September announcement that Amazon issued a request for proposals for a second…

Steve Ferris

October 4, 2017
Comp of the Day handshake image

Trammell Crow fetches Village at Forest Trace strip center for $8.9 million

Arapahoe County Property Location: 23870-90 E. Smoky Hill Road, Aurora, “Village of Forest Trace” Property Description: 16,506-sf retail center (two buildings), YOC 2016 Land Size: 1.9 acres Sales Price: $8.9M, or $539.20 per sf Reception No.: D7105471 Closing Date: 9/15 Grantor: Forest Trace Holdings LLC, Marc Cooper, mgr. Grantee: CH Retail Fund II Denver Forest…

John Winslow

October 4, 2017
633 CTC

Etkin Johnson leases CTC spec building, launches another 400,000 sf

Etkin Johnson Real Estate Partners leased a new 153,018-square-foot speculative building at the Colorado Technology Center in Louisville, triggering construction of a 400,000-sf industrial/flex campus at CTC. The new speculative three-building industrial/flex campus – dubbed Louisville Corporate Campus at CTC – will be constructed on a 33.12-acre parcel purchased by the company and annexed into the…

CREJ

October 4, 2017
Cherry Creek

Cherry Creek Safeway closing this month

The Safeway adjacent to the Cherry Creek Shopping Center will close its doors permanently in the coming weeks, months before its Jan. 4 deadline, the Colorado Real Estate Journal has learned. “We are planning to close the store at the end of the month,” said Kris Staaf, director of public affairs for Safeway. CREJ had…

Kris Oppermann Stern

October 4, 2017
Comp of the Day handshake image

Holland Partners snaps up Alara Greenwood Village for $91 million

Arapahoe County Property Location: 5400 S. Park Terrace Ave., Greenwood Village Property Description: 304-unit, three-story apartment, 37 buildings totaling 338,626 sf plus 6,576-sf clubhouse, YOC 1995 Land Size: 18.344 acres Sales Price: $91M, or $299,342 per unit Reception No.: D7105153 Closing Date: 9/12 Grantor: SVF Alara Greenwood Village LLC by: First Fiduciary Realty Advisors Grantee:…

John Winslow

October 3, 2017
Comp of the Day handshake image

Maryland developer acquires site in southeast Aurora

Arapahoe County Property Location: SWS Smoky Hill Rd, ¼ mile southeast of E-470, Aurora Property Description: Vacant land, plans to build 3,927-square-foot branch bank Land Size: 1.156 acres Sales Price: $2.95M, or $58.58 per sf Closing Date: 9/20 Grantor: Forest Trace Development Inc., Richard Frank, mgr. Grantee: Chelini 1031 B of A COL LLC, James…

John Winslow

October 2, 2017
Ursini

Ursini – No stopping 1,000-foot Denver tower

I first started talking to New York City-based developer Mike Ursini last March about his plans to build the tallest building in Colorado. Our agreement was that by sitting on his blockbuster $400 million development at 650 17th St., he would give the story to me first. https://www.youtube.com/watch?v=lloqw7_wWck Six months later, it didn’t work out…

Kris Oppermann Stern

October 2, 2017
Riverview at 1700 Platte Street

Going green is a growing priority in Denver

Whether it’s new energy benchmarking standards or a push for green rooftops, there’s a new sustainability-focused headline in Denver every week. In reality, the trend toward improving build

CREJ

October 2, 2017
tryba's google campus

Google purchases soon-to-open Boulder campus for $130.09M

The developers of Google’s new 200,000-square-foot Boulder campus sold the property to the tech giant for $130.09 million. Google initially signed a 15-year lease for the campus at 2920 Pearl St., which will open before the end of the year. “It wasn’t our intention to sell, but things fell into place for both parties, and…

Kris Oppermann Stern

October 2, 2017
energy use dashboard

Is your BAS ready for winter?

As we get closer to the end of the year, some people get excited about football and the changing Aspens, while others get excited for ski trips to the mountains. Then, there is something no one

CREJ

October 1, 2017