Exciting gateway tower saga continues
The Bell Park development saga to create an iconic residential tower at a gateway to downtown Denver continued last week. Buzz Geller, whose Paradise Land Co. owns the historic triangular site along Speer Boulevard, Market Street and Cherry Creek at the edge of Lower Downtown, last Thursday presented the latest proposal for the site to…
Kris Oppermann Stern
February 11, 2019CREJ C-PACE Conference Coming
PACE yourself. More precisely, C-PACE your existing or new commercial real estate building through Colorado’s C-PACE program. C-PACE provides an attractive financing option packaged with helping the environment. C-PACE is an acronym for the Colorado Commercial Property Assessed Clean Energy Program. That’s quite a mouthful, which explains why it is better known as C-PACE. C-PACE…
Kris Oppermann Stern
February 6, 2019Tech key to CREJ property management event
Drones, digital touch screens, virtual and augmented reality, and innovative software packages are some of the tools that cutting-edge property managers are using. Indeed, Technologies and Tools is the name of one of the panels at an upcoming property management conference. “It’s a pretty cool panel,” said Zvi Rudawsky, managing member at Wheelhouse Commercial, which…
Kris Oppermann Stern
February 4, 2019Zeppelin scores development hat trick
“Remind me not to open three major projects in a year that are bigger than anything I’ve ever done before,” Kyle Zeppelin posted on his Facebook page. Zeppelin made the post regarding his development hat trick with only one hour and eight minutes left of the year. Opening three diverse, one-of-kind developments made for a…
Kris Oppermann Stern
January 23, 2019Kudos for Kudla
Peter Kudla is not just a veteran Denver developer. In addition to developing a wide range of projects, Kudla is a raconteur and bon vivant. “Some people know me more for my cooking than for my developments,” Kudla told Rebchook Real Estate Watch earlier this week. It’s also safe to say that Kudla, 65, the…
Kris Oppermann Stern
January 18, 2019Triple-net investing hits home at CREJ event
When is a triple a home run? When you are talking about triple-net, or NNN, investments. “The triple-net market is doing really well. We had record sales of triple-net properties last year,” said Drew Isaac, a broker at Marcus & Millichap. Isaac will present and moderate at the 2019 Single Tenant, NNN Conference & Expo…
Kris Oppermann Stern
January 15, 2019Economist Creighton leaves legacy
In 1990, my business editor at the Rocky Mountain News, the late Lynde McCormick, described economist Lucy Black Creighton as “perhaps the best known of Denver’s businesswomen.” Creighton, a pioneer and prominent economist in Denver, died on Christmas. A memorial service was held Monday. Creighton, who died peacefully in Denver at age 91, was a…
Kris Oppermann Stern
January 10, 2019Bullish Calbert moderating CREJ leaders panel
During his 45-year career, Brad Calbert has been in the trenches for every boom, bust and commercial real estate cycle between the two extremes in Denver. As a commercial real estate broker, Calbert has been involved in the sale or finance of more than 150 transactions that totaled more than 30 million square feet. Calbert's…
Kris Oppermann Stern
January 7, 2019Color Book hit for JVA
Color me impressed. I recently attended a press conference at a downtown Denver hotel updating the market branding efforts underway in Winter Park. While waiting for the speakers to kick off their presentations, I wandered over to tables represented by vendors in the construction and development trades. I ignored the commemorative pens and lip balm…
Kris Oppermann Stern
January 3, 2019CREJ retail conference coming
Denver's retail scene stacks up well compared to other trendy cities across the country. The latest CBRE retail report compared Denver, by a number of metrics, to other cities as well as to the U.S. “Compared to peer markets, Denver’s retail growth is reasonable and its absorption of space is hearty,” according to the CBRE…
Kris Oppermann Stern
December 17, 2018