Commercial real estate wrap-up
Following are recent office and industrial transactions reported to CREJ. Office The General Services Administration renewed its lease for 19,076 sf at 56 Inverness Drive East in Englewood. Jeremy Reeves and Bill Woodward of Inverness Properties handled the transaction. Lerch Bates leased 12,985 sf at 9780 S Meridian Blvd., in Englewood. Jeremy Reeves of Inverness Properties LLC and…
CREJ
March 23, 2016
Hotel company buys Union Square property for redevelopment
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Kris Oppermann Stern
March 14, 2016
Investment sales volume hits $10.3 billion
Plentiful capital, attractive market fundamentals and low interest rates contributed to more than $10.3 billion in Denver commercial real estate transactions during 2015, and 2016 should be another solid year for investments, according to CBRE Inc.
CREJ
March 7, 2016
Summit at CTC to deliver spec small-bay industrial product
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Kris Oppermann Stern
March 1, 2016
Westfield buys 2.92 acres on Brighton Blvd. for $5.3 million
A redevelopment project in River North has grown by 2.92 acres.
Kris Oppermann Stern
February 29, 2016
NAIOP Colorado Awards of Achievement announced
CBRE Inc. brokers Geoff Baukol, Mike Winn and Tim Richey garnered top honors as 2015 Investment Brokers of the Year at NAIOP Colorado’s annual Awards of Achievement Thursday afternoon. Baukol was recognized as the top individual investment broker, while Winn and Richey took honors for the leading investment team in 2015. The Winn-Richey team completed…
Kris Oppermann Stern
February 26, 2016
Warehouse Central sells in rare central Denver investment deal
A San Francisco-based firm put up $24 million for the rare chance to buy a large, central Denver industrial property. An affiliate of Stockbridge Capital Group LLC paid $73.65 per square foot for Warehouse Central, a 325,858-sf building at 2400 W. Fifth Ave. The asset is 100 percent leased.
Kris Oppermann Stern
January 31, 2016
Medical supplies company to build 545,000 sf in Aurora
The nation’s largest privately held health care supply company will build a 545,000-square-foot warehouse/distribution center at Majestic Commercenter in Aurora. Medline Industries Inc. bought 35.6 acres of land in the master-planned business park at Interstate 70 and Tower Road and will spend the next 18 months developing the facility. “This is a very exciting project…
Kris Oppermann Stern
January 20, 2016
Mechanical contractor buys site in Johnstown
A 103,000-square-foot manufacturing building on 13.37 acres in Johnstown changed hands in a $7.7 million transaction that also included 12 acres of adjacent ground. A U.S. Engineering affiliate bought the property at 390 Mountain View Drive to expand the company’s Rocky Mountain operations. A Kansas City, Missouri-based mechanical contractor, U.S. Engineering has offices in Westminster…
Kris Oppermann Stern
January 19, 2016Real Capital Solutions sells 325 Interlocken
A family partnership paid $2.8 million for a building that RealCapital Solutions bought in a portfolio deal two years ago. LD Holdings LLC bought 325 Interlocken B, a 23,011-square-foot flex building. National Entertainment Network, the largest entertainment vending machine company in the U.S., occupies the property with several years remaining on its lease. The building…
Kris Oppermann Stern
January 2, 2016
