Leasing of new product indicates shifts in market makeup
This post is only available to subscribers of the the Colorado Real Estate Journal. If you have a subscription, please log in to view this post. If you do not […]
Kris Oppermann Stern
June 29, 2018Investors shift focus to renovated infill assets
Nine years into the second-longest economic expansion in U.S. history, metro Denver has experienced momentous growth and still is seeing further development. Over 30 cranes currently protrude the Denver
CREJ
June 25, 2018Denver sees more than $5 billion in 83 development projects
More than $5 billion in commercial real estate projects have been completed over the last five years or are under construction in downtown Denver, the Downtown Denver Partnership announced in releasing its annual Downtown Denver Development Map Tuesday morning. The investment consists of nearly 10,000 new residential units, more than 4 million square feet of…
Kris Oppermann Stern
June 19, 2018Spectrum Plaza: Leap of Faith
Clairvoyance is the ability to perceive things in the future beyond normal sensory contact. Such a skill would be an asset in commercial real estate development, where intuition must be carefully balanced by the analysis of a broad range of conditions, challenge, and constraints reaching far beyond the capacity of mere instinct.
Building Dialogue
June 18, 2018River North roundup: 2M sf of new office space
As one of the most popular (and fastest-growing) neighborhoods in Denver, the River North Art District is gaining substantial local, regional and national attention. With its internationally renowned art culture and
CREJ
June 18, 2018NKF team sells five office properties for more than $100M
This post is only available to subscribers of the the Colorado Real Estate Journal. If you have a subscription, please log in to view this post. If you do not […]
Kris Oppermann Stern
June 15, 2018Downtown Littleton office building purchased
Arapahoe County Property Location: 5524 S. Prince St. Property Description: 4,239-sf office building, YOC 1905, wood frame const. Land Size: 12,502 sf Sales Price: $765,000, or $180.47 psf Reception No.: D8049495 Closing Date: 5/21 Grantor: Arapahoe Mental Health, Keith Larson, CFO Grantee: 5524 Prince LLC, c/o Frederic Exporting Comments: This property was sold by Eric Shaw of Pinnacle…
John Winslow
June 15, 201816 Chestnut: Future Home of DaVita
Straddling LoDo’s past and future, 16 Chestnut is one of the final pieces of the Union Station puzzle. It’s the final project in the heart of “the Saunders block,” so nicknamed for the numerous buildings Englewood-based Saunders Construction has built there.
Building Dialogue
June 4, 2018LoDo office towers with edge on parking trade for $189M
A pair of 17thStreet office towers that sit across the street from one another sold to a California buyer for $189 million. CIM Group bought the Guaranty Bank building at 1331 17thSt. for $103 million, or $467.57 per square foot, and paid another $86 million, or $449.90 per sf, for 1401 17thSt., according to Denver…
Kris Oppermann Stern
June 2, 2018CIM Group acquires LoDo office towers for $189 million
Denver County Property Location: 1401 17thSt. & 1331 17thSt., Denver Property Description: 191,151-sf, 16-story office building, YOC 1983, & 218,906-sf, 13-story office building, YOC 1983 (renovated in 2007), total of 410,057 sf Land Size: 50,060 sf & 50,060 sf (total of 2.298 acres) Sales Price: $86M, or $449.91 psf, & $103M, or $470.52 psf (total of $189M,…
John Winslow
May 31, 2018