NAIOP Colorado honors top commercial real estate talent
Photos courtesy of NAIOP Colorado, www.NAIOP-Colorado.orgNAIOP Colorado honored the Denver area's top commercial real estate talent and projects for 2016 at its 20th annual Awards of Achievement at the Denver Center for the Performing Arts Feb. 23. A total of 450 people attended the annual gala. Award winners and finalists were: Award of Excellence Kevin C.…
Kris Oppermann Stern
April 3, 2017Arvada site to be home to 12 paired homes
Jefferson County Property Location: 6804 Carr St., Arvada, “Proposed Hillside Cottages” Property Description: Land value, zoned for 12 paired homes (24 homes) Land Size: 5.053 acres Sales Price: $1.4M, or $6.36 per sf, or $58,333 per lot Reception No.: 2017025888 Grantor: H. Edward Moore Jr, et al. Grantee: Royal Oak LLC, Steve Wilke, mgr. Closing Date: 3/8 Financing:…
John Winslow
March 29, 2017CBRE Research forecasts solid growth, strong appetite for Denver assets
Growth in Denver's economy and most commercial real estate product types will continue through 2017, according to CBRE Research's 2017 Denver Market Outlook. In the office sector, more than 2.2 million square feet of speculative construction is expected to deliver in 2017, 1.9 million sf of it in suburban markets. With just 26 percent of new product preleased at…
CREJ
March 28, 2017Unincorporated Adams County industrial land sells for $4.21 per square foot
Adams County Property Location: Southwest corner of W. 58th Ave. & Tennyson St., Arvada Property Description: Vacant industrial (I-2) zoned land Land Size: 4.85 acres Sales Price: $889,000, or $4.21 per sf Reception No.: 2017-17257 Grantor: Owens Family LP LLLP (William M. Owens & Mike Owens, general partners Grantee: API Investments LLC, Brian & Virginia Wilkie, mgrs.,…
John Winslow
March 28, 2017Downtown Property Services acquires North Denver Industrial Park
Denver County Property Location: 3857-3881 Steele St., Denver, “North Denver Industrial Park” Property Description: 184,997-sf industrial building, YOC 1940, brick construction Land Size: 8.36 acres Sales Price: $11.22M, or $60.62 per sf Reception No.: 2017032593 Grantor: North Denver Industrial 1 LLC by: Real Capital Solutions, 303-466-2500, Graham Riley, VP, & Adam Abeln, VP Grantee: Steele Street Investment…
John Winslow
March 20, 2017Denver investment firm acquires 423,412 sf for $36.4 million in Aurora
Adams County Property Location: 2450-2470 Airport Blvd., Aurora Property Description: 423,412-sf industrial buildings (two), YOC 2004, concrete tilt-up construction Land Size: 25.45 acres Sales Price: $36.43M, or $86.03 per sf Reception No.: 17626 Grantor: Pacifica Airways, et al., c/o Pacifica Real Estate Group, E. Russell Fraser Grantee: IPT Airways DC LLC, J.R. Wetzel, mgr., 303-339-3650, c/o Industrial…
John Winslow
March 17, 2017Washington named market director for JLL’s Rocky Mountain Region
Paul Washington, executive director of the Denver Office of Economic Development, has accepted the role of JLL market director for the Rocky Mountain Region. Paul Washington “As head of the Denver Office of Economic Development, part of my mission was to provide resources to help Colorado businesses and communities thrive, and I see this new…
CREJ
March 14, 2017Inverness pioneer John O’Meara recalled
“There will never be a better day.” Friends of the late John O’Meara merely had to repeat that quote, “There will never be a better day,” and everyone knew exactly what they were talking about. Those seven words captured the spirit and drive of O'Meara. O’Meara, also known as “Mr. Inverness,” a pioneer of the…
Kris Oppermann Stern
March 14, 2017Airways buildings trade for $36.43 million
A Denver-based real estate investment trust landed 423,412 square feet of Class A industrial product in a $36.43 million transaction. Industrial Property Trust acquired Buildings 1 and 3 at Airways Business Center, a multiple building industrial park at Airport Boulevard and East Smith Road in Aurora. Built in 2003 and 2004, the high image buildings…
Kris Oppermann Stern
March 13, 2017Tenant makes move to 17,044 square feet in Longmont
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Kris Oppermann Stern
March 13, 2017