Westin Westminster

Wheelock Street Capital buys Westin hotel

An East Coast real estate investment firm has acquired the Westin Westminster and intends to invest in updates to the property over the next several months. Wheelock Street Capital bought the 370-room hotel at 10600 Westminster Blvd. from Amstar, which completed numerous guest room, health club and common-area upgrades over the course of its hold…

Jill Jamieson-Nichols

February 13, 2017
Element hotel

Avison Young sells Golden Triangle lot for new hotel

Avison Young handled the sale of 1350 Elati St., a 0.68-acre site at 13th Avenue and Elati in the heart of downtown Denver’s Golden Triangle neighborhood for development of an Element hotel. Avison Young Principal Rick Egitto represented the seller, 1350 Elati LLC, in the transaction. A private entity, 1350 Elati LLC sold the site for $3.6 million to…

CREJ

February 3, 2017

Rebchook Real Estate Corner brought to you by CREJ

Rebchook Real Estate Corner is a new column by John Rebchook that can be found at CREJ.com. Welcome to my new commercial real estate column at CREJ.com Jon Stern, owner and publisher of CREJ, has given me the opportunity to look under the hood of all aspects of commercial real estate with my column, the Rebchook…

John Rebchook

January 31, 2017
The lobby of the new Hotel Indigo Denver

Hotel Indigo to open near Union Station

Hotel Indigo Denver, the Mile High City’s newest boutique-style hotel, will open its doors Friday, Jan. 20. Located at 1801 Wewatta St., in downtown Denver’s thriving Union Station neighborhood, the hotel will offer 180 guest rooms and 1,188 square feet of meeting and event space. An InterContinental Hotels Group hotel, the property was co-developed by…

CREJ

January 12, 2017
Winslow Report

Winslow Report 1-2-17

The Winslow Report, authored by John V. Winslow, is a compilation of transactions recently completed in Adams, Arapahoe, Boulder, Broomfield, Denver, Douglas and Jefferson counties. The information was gathered from county records and deemed to be reliable. Other sources of research include brochures and information verified by owners or listing/selling brokers. Winslow is president of Winslow…

John Winslow

January 2, 2017
The Brands

Huge retail-dominant mixed-use project comes to Northern Colorado

Approximately 2.3 million square feet of development is coming to the Interstate 25 corridor in Northern Colorado. With approval for $258 million in tax incentives from the city of Loveland, developer Martin Lind is looking to start construction next summer on the first phase of the Brands at the Ranch along I-25 between the Budweiser…

Jill Jamieson-Nichols

January 2, 2017
The Viceroy Snowmass

Snowmass base village changes ownership

A joint venture of East West Partners, Aspen Skiing Co., and an affiliate of KSL Capital Partners, LLC has closed on the acquisition of the Snowmass base village project from Snowmass Acquisition Co., an affiliate of the Related Cos.. The purchase includes all remaining development parcels and commercial spaces in base village, the Snowmass Hospitality…

CREJ

December 22, 2016
Four Seasons Vail

Four Seasons in Vail fetches record $903,000 per key

CBRE Hotels has arranged the sale of the 134-room Four Seasons Resort and Residences in Vail for $121 million. The price per key was $903,000, a record for Colorado that far surpasses the $144,000-per-key average sale price for U.S. hotels, according to CBRE Hotels. The purchase by Extell Development Co. of New York City was…

Jill Jamieson-Nichols

December 2, 2016

Castle Rock thriving with new development

Most people know Castle Rock isn’t the sleepy bedroom community it used to be, but many people attending a recent commercial real estate event were amazed to hear Economic Development Council President and CEO Frank Gray detail the level of development going on in the town. Besides the 1 million-square-foot Promenade at Castle Rock underway…

Jill Jamieson-Nichols

October 31, 2016

Panasonic ups investment in groundbreaking DIA development

Panasonic Corporation of North America has stepped up its commitment to a groundbreaking smart, sustainable mixed-use development near Denver International Airport. Panasonic made a strategic investment in Rail Stop LLC – the company developing the 154-acre first phase of Peña Station Next. “This is a big step for us,” said Jim Doyle, president of Panasonic…

Jill Jamieson-Nichols

October 17, 2016