Halcyon bests price per key by $62,155
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Kris Oppermann Stern
March 29, 2019
Etkin Johnson buys southeast land for 334,000-sf campus
Etkin Johnson Real Estate Partners has acquired just over 28 acres in the southeast suburban submarket to develop a 334,000-square-foot Class A industrial/flex campus called Edge 470. The first phase of the campus, which will include two approximately 80,000-sf buildings on 12.8 acres, is expected to break ground in the third quarter and be delivered…
Kris Oppermann Stern
March 29, 2019JLL to buy HFF in $2 billion transaction
Jones Lang LaSalle Inc. and HFF Inc. entered into a definitive agreement under which JLL will acquire all the outstanding shares of HFF in a cash and stock transaction with an equity value of approximately $2 billion. The transaction was unanimously approved by the boards of directors of both companies. HFF is one of the largest…
CREJ
March 26, 2019
Denver among top 5 markets for commercial real estate investment, CBRE survey finds
A recent survey of commercial real estate investors ranked Denver as a top target among Americas metros. Denver advanced for the third year in a row, jumping two spots to tie with Atlanta at No. 5 in CBRE’s 2019 Americas Investor Intentions Survey. The survey, which covers all asset types, found that, in 2019, more…
CREJ
March 22, 2019
Inova Aero lifts off with 43-acre land acquisition
United Properties has acquired an additional 43 acres of land to expand Inova Business Park in Centennial. Located at the intersection of South Lima Street and East Easter Avenue, the new development will be called Inova Aero. It could accommodate up to 480,000 square feet of industrial space, or 300,000 sf of build-to-suit office space…
Kris Oppermann Stern
March 18, 2019
Schnitzer West buys site entitled for up to 1 million square feet
Schnitzer West has acquired a site across the street from Fiddler’s Green Amphitheatre that is entitled for more than 1 million square feet of development. Peakview Place, a 10.9-acre parcel at 6363 Greenwood Plaza Blvd. in Centennial, was one of two properties Schnitzer West purchased in an off-market deal. The price wasn’t released, but it…
Kris Oppermann Stern
March 16, 2019
Graham Street Realty buys $28 million in assets
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Kris Oppermann Stern
March 15, 2019
Full-service Marriott proposed across from convention center
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Kris Oppermann Stern
March 15, 2019
Investment adviser pays $696 per sf for North Wing Building
In its second sale since being completed in 2013, the North Wing Building at Denver Union Station achieved a price of $76 million, or $696.75 per square foot. An affiliate of Lincoln Advisory Group Ltd. bought the 109,078-sf building at 1705 17thSt., on behalf of a client, from GLL Real Estate Partners GmbH. GLL Real…
Kris Oppermann Stern
March 11, 2019
Latin American investors buy East Boulder building for $2.9M
A large group of primarily Latin American investors purchased a 14,514-square-foot office/flex building in East Boulder. The property at 5660 Valmont Road sold for $2.9 million, or $199.80 per sf. The buyer was 4015 Lincoln LLC, doing business as 5660 Valmont LLC. The building is fully leased to the Denver Post, Work in Progress and…
Kris Oppermann Stern
March 11, 2019
