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

Phillips 66 Louisville site under contract to Bancroft

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
Cherry Creek

Safeway Cherry Creek to close, host new tenants

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

Industrial market is ‘grrreat,’ focus of CREJ conference

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

Office market conference by CREJ set

Michael Komppa began developing commercial real estate in Colorado in 1982 and founded Corum Real Estate Group in 1986. That timeline alone tells you that Komppa has experienced firsthand the booms and busts of Denver’s office market. Today, the office market is looking pretty good, especially with a flurry of recent lease deals absorbing some…

John Rebchook

August 30, 2017

Clock ticking on GSA auction of 59-acre TOD site in Lakewood

Clickbait. The clock is ticking on an online auction to buy 59 acres of high-profile, transit-oriented development land being sold by Uncle Sam. Sort of. The GSA is auctioning this prime site in Lakewood online, but the auction faces some headwinds. The current deadline for the auction for the land in the Denver Federal Center…

John Rebchook

August 23, 2017
Country Club Towers

Country Club Towers – 5 minutes from everywhere

Five minutes from everywhere. “We spent quite a bit of time driving, biking and walking from here and it was amazing whether you were going to Washington Park, Cherry Creek or downtown, everything was five minutes away,” Walter Armer told me on a tour of Denver’s newest, biggest and possibly the most expensive apartment community…

John Rebchook

August 17, 2017

Watson thrilled with Balfour at Stapleton

Going forward, Brian Watson could envision someone buying a starter home in Stapleton, continuing to move up to a bigger and more expensive home, with the final stop in their lifelong real estate cycle at the just opened Balfour at Stapleton senior care center. “Absolutely,” said Watson, chairman and CEO of Northstar Commercial Partners, owner…

John Rebchook

August 16, 2017