Daycare center kismet
Lore has it that clients of McKinley & Hill Antiques included Ralph Lauren, Hugh Hefner and Oprah. The after-hour “sherry hour” soirees in the establishment that among other things sports an indoor, 12-foot-deep swimming pool in Wheat Ridge, were as legendary as the clients of the proprietors, Bud Hill and Matt McKinley. McKinley died about…
Kris Oppermann Stern
June 6, 2017Northstar lands 62,214-square-foot headquarters tenant in DTC bldg.
Air Methods, an air medical transport company, has leased 62,214 square feet of office space in Greenwood Village for its corporate headquarters. The company will move its offices and employees to Northstar Commercial Partners’ 5500 S. Quebec St. building, located in the Denver Tech Center. Northstar acquired the 204,945-sf building in 2015 and has continued…
Kris Oppermann Stern
June 5, 2017First Industrial buys 181,348 sf in Aurora for $11.15 million
First Industrial Realty Trust Inc. added 181,348 square feet to its Denver industrial portfolio with an $11.15 million acquisition in Aurora. First Industrial bought the Sherwin-Williams Co. distribution facility at 21301 E. 33rd Drive from Coach Real Estate LLC, a Kwal-Howells family partnership. It restructured a lease with Sherwin-Williams that now runs through 2022. “We’re…
Kris Oppermann Stern
June 5, 2017Hotel investors see clear skies, slightly cooling temperatures
Mike Cahill, CRE, MAI, FRICS, CHACEO and founder,HREC-Hospitality Real Estate CounselorsGreenwood Village For well over a decade, members of the hotel industry’s preeminent think tank, the Lodging Industry Investment Council, are annually surveyed to develop a list of the major hotel investment opportunities and challenges for the coming year. This exhaustive survey results in the…
CREJ
June 5, 2017Glendale apartments sell to New York investor
Denver County Property Location: 818-848 S. Dexter St., Denver, “180 Flats” Property Description: 142-unit, four-story apartment, 104,955 rentable square feet, YOC 1974, brick construction Land Size: 93,177 sf Sales Price: $22.3M, or $157,042 per unit, or $212.47 per sf Reception No: 2017068414 Closing Date: 5/24 Grantor: Dexter Lighthouse LLC, Scott Shwayder, mgr. Grantee: 180 Flatarel LLC,…
John Winslow
June 5, 2017Upside: Country Club Towers
In development, everyone is looking for an advantage. What can be offered that no one else has and/or how can what everyone else has be offered in a way that is new, different and more appealing. On the whole, Denver has what few other cites do – year-round fantastic weather; immediate access to one of North America’s premier outdoor playgrounds; an easygoing vibe; a healthy love of dogs; and, on the grand scale of American cites, at least the remnants of affordability.
Building Dialogue
June 4, 2017‘Fabrication Hall’ design improves career paths for students
A new, state-of-the-art high school in Casper, Wyoming, is providing students interactive learning experiences and exposure to future careers. Pathways Innovation Center offers juniors and seniors in the Natrona County School System personalized education through four academies focused on multiple disciplines, including engineering and design.
CREJ
June 4, 2017Stonebridge acquires iconic Emily Griffin school for hotel redevelopment
Denver County Property Location: 1250 Welton St., Denver, “Former Emily Griffin Opportunity School” Property Description: 226,690-sf, three-story school, YOC 1926, masonry Land Size: 106,400 sf Sales Price: $25.3M, or $237.78 per sf Reception No.: 2017068790 Closing Date: 5/24 Grantor: School District No. 1 in City and County of Denver, Trena Deane, executive director of facilities Grantee: WELARM…
John Winslow
June 2, 2017Denver Swim School splashes a 7 percent return for Boulder investors
Denver County Property Location: 4151 E. Colfax Ave., Denver, “Safe Splash Swim School” Property Description: 6,513-sf retail building, YOC 1993, masonry Land Size: 39,693 sf Sales Price: $2.85M, or $437.59 psf Reception No.: 2017069867 Grantor: 4151 Denver LLC, Matt Lane, director Grantee: Dwellings LLC & Mile High Real Estate Enterprises LLC, Tom Jacky, Doug Campbell & Matt…
John Winslow
June 1, 2017Architect Anderson champion of historic buildings, sustainability
Architect John David “Andy” Anderson had a message for Arnold Schwarzenegger. “We are very careful not to let people tear buildings down,” Mr. Anderson said in 1995, as the head of the powerful board called the Lower Downtown Design and Demolition Review Board.
Kris Oppermann Stern
May 30, 2017