Brue, Baukol join forces to take Denver CRE firm to next level
Leading commercial real estate investor Chad Brue and top investment sales broker Geoff Baukol have teamed up to form Brue Baukol Capital Partners. Brue, a former CBRE senior executive, founded Brue Capital Partners in Denver in 2011, assembling and developing a portfolio of industrial, multifamily, office, resort and mixed-use properties. Baukol brings more than 17…
Kris Oppermann Stern
February 27, 2017Etkin Johnson geared up for record year of development
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Kris Oppermann Stern
February 27, 2017One City Block sells for $99.5 million to RREEF America
RREEF America LLC, on behalf of a managed fund, paid $99.5 million, according to public records, for One City Block.
Jolene Wollett
February 26, 2017Construction starts on luxury apartments
The Denver office of KTGY designed TriVista on Speer, which features finishes such as stone countertops, stainless steel appliances and gas stoves.
Jolene Wollett
February 26, 2017Studios rule at Allante Properties
Studios rule. Not Hollywood movie studios, but studio apartments. At least that is the perspective of Daren B. Schmidt, a managing partner at Greenwood Village-based Allante Properties. Online inquiries for studios account for about 25 percent of studio apartments, Schmidt noted. But only 4 percent to 5 percent of the apartments in the Denver area…
Kris Oppermann Stern
February 23, 2017Castle Lanterra lands in Denver
Castle Lanterra began looking to make its first apartment community acquisition in Denver in midyear 2016. The private real estate investment firm kicked the tires on three to six apartment communities before buying the 369-unit Alexan Sloan’s Lake late last year. The price of admission to the Denver market was $100 million – or $102.8…
Kris Oppermann Stern
February 21, 2017Boulder 82-unit apartment complex scooped up for $24.15M
Boulder County Property Location: 565-635 Mohawk Drive, 4545-4595 Laguna Place, Boulder, “Villa Del Prado Apts.” Property Description: 82-unit, two-story apartment, 92,496 sf, with four buildings, YOC 1968-1974, masonry construction plus parking garage Land Size: 3.91 acres Sales Price: $24.15M, or $294,512 per unit, or $261.09 psf Reception No.: 03569296 Grantor: Boulder Properties Investor LLC, Hollis Considine, mgr. Grantee:…
John Winslow
February 21, 2017Kroenke Group acquires prime Wheat Ridge mixed-use site
Jefferson County Property Location: SWC Wadsworth Blvd. & W. 38th Ave., Wheat Ridge Property Description: land value Land Size: 13.03 acres Sales Price: $5.73M, or $10.10 psf Reception No.: 2017012069 (four deeds combined) Grantor: Chesrown Ford Inc., Jeffrey Shupert, mgr., et al. Grantee: Quadrant Wheat Ridge Corners LLC, R. Otto Maly, mgr., 573-443-3200; Rodney K. Jones is broker…
John Winslow
February 20, 2017Seasoned Denver apartment investor snaps up 2.4-acre Lakewood site
Jefferson County Property Location: 2300-2324 Kipling St., Lakewood Property Description: 2,767-sf office building, YOC 1959; 2,061-sf retail building, YOC 1971, & three miscellaneous buildings, YOC 1938-2003 Land Size: 2.4 acres, or 104,544 sf Sales Price: $740,000, or $7.04 psf, land value Reception No.: 2017014448 Grantor: The Robert G. Woodward Family Trust, Eleanor Ann Woodward, tr. Grantee: Kipling Rustic…
John Winslow
February 16, 2017Harms hammers out jobs at PCL
Like a lot of people, Mike Harms was thrilled last year when the Chicago Cubs won the World Series. Harms had a bit of a different reason to cheer the Cubs ending its 108-year championship drought, though. Before returning to Denver, almost exactly a year go, Harms had played a key role in the $575…
Kris Oppermann Stern
February 16, 2017