Cherry Creek Safeway closing this month

Cherry Creek

The Safeway adjacent to the Cherry Creek Shopping Center will close its doors permanently in the coming weeks, months before its Jan. 4 deadline, the Colorado Real Estate Journal has learned. “We are planning to close the store at the end of the month,” said Kris Staaf, director of public affairs for Safeway. CREJ had…

John Rebchook

October 4, 2017

Ursini – No stopping 1,000-foot Denver tower


I first started talking to New York City-based developer Mike Ursini last March about his plans to build the tallest building in Colorado. Our agreement was that by sitting on his blockbuster $400 million development at 650 17th St., he would give the story to me first. Six months later, it didn’t work out…

John Rebchook

October 2, 2017

Hutchison heads fast-growing Mission Rock


Patricia Hutchison, president of Mission Rock Residential, just returned from a weeklong trip to Houston, surveying the damage of apartment communities her Denver-based company manages in the wake of Hurricane Harvey. Thankfully, only two of the communities suffered any damage, it wasn’t as bad as she feared, and she returned to Denver. Colorado is the…

John Rebchook

September 27, 2017

Amazon prime sites


Amazon Prime. Amazon prime time in Denver, that is. You know what I’m talking about. Everyone in the Denver area is buzzing about the possibility that Amazon could plant its $5 billion flag - a second headquarters - in the Denver area. The New York Times even opined that Denver is the best choice for…

John Rebchook

September 25, 2017

Meridian bike sharing launched


Bill Pauls once casually mentioned to me that soon after he bought the sprawling Meridian International Business Center in Douglas Count, he wondered if he had made a mistake. Pauls, now head of the Pauls Corp., bought Meridian just in time to watch the local economy crash with falling energy prices, putting on hold the…

John Rebchook

September 20, 2017

Phillips 66 Louisville site under contract to Bancroft

Phillips 66

The company that developed the Peloton in Boulder has the prized 432-acre property in Louisville under contract that is owned by energy giant Phillips 66, the Colorado Real Estate Journal has learned. Bancroft Capital, based in Manhattan Beach, California, appears to have agreed to pay $50 million for the land off U.S. 36, which is…

John Rebchook

September 19, 2017

Safeway Cherry Creek to close, host new tenants

Cherry Creek

After more than a half century in the heart of the Cherry Creek neighborhood, the Safeway next to the Cherry Creek Shopping Center will be closing its doors by the first week of January, officials announced today. The 51-year-old Safeway with approximately 50,000 square feet  at 3100 E. First Ave., has been notified by the Taubman…

John Rebchook

September 15, 2017

Solana in Highlands Ranch checks all the boxes


If you had a blank suburban canvas and had a checklist for a first-class apartment community, it would be hard to beat the 9.89-acre site that is home to Solana Lucent Station. Solana Lucent Station is truly at Main & Main. Site plan for the Solana Lucent Station. Notice how close the future light-rail station…

John Rebchook

September 13, 2017

Roski thrilled by industrial development

It’s a lot to live up to if you named your real estate company Majestic. “I didn’t name it that. My dad did,” Ed Roski Jr., owner of Southern California-based Majestic Realty Co., told me last week in an exclusive interview. I wasn’t surprised that Roski didn’t choose the name of the company, the largest…

John Rebchook

September 6, 2017

Industrial market is ‘grrreat,’ focus of CREJ conference

Aerial view of Colorado's largest spec building, nicknamed the Big Bomber

Industrial developers, brokers and investors in the Denver area should hire Tony the Tiger as their spokesman. That’s because the local industrial market, to borrow the catchphrase of the iconic cat that pitched Kellogg's Frosted Flakes, is “GRREAT!” That’s not hyperbole. “In the big picture, I think it is incredible,” said industrial broker Jeremy Ballenger.…

John Rebchook

August 31, 2017