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Downtown Denver office/retail building yields $5.3 million

Denver County Address or Location: 1641 California St., Denver Improvements: 19,121-sf, three-story office building plus lower-level retail area, YOC 1978, renovated in 2013, brick construction Land Size: 6,262 sf Date of Recording: 11/7 Reception No.: 2017151623 Price: $5.3M, or $277.18 psf Grantor: 1641 California LLC, c/o NAS Properties LLC, Nathan Schnabel, mgr. Grantee: J&G 1641…

John Winslow

November 30, 2017

Local dentist acquires Stapleton site for proposed building

Denver County Location: North side of Montview Blvd., 150’ east of Willow St., Denver Improvements: Vacant land Land Size: 24,035 sf Date of Recording: 11/16 Reception No.: 2017151449 Price: $336,500, or $14 psf Grantor: FC Stapleton II LLC Grantee: 5th Street LLC, Dr. Kate Steele, mgr., 303-278-3353 Financing: cash Comments: Steele plans to use the…

John Winslow

November 29, 2017
6300 S. Syracuse

National CineMedia to move headquarters within Denver

National CineMedia’s America’s Movie Network leased 63,000 square feet at the Cascades Building at 6300 South Syracuse, recommitting its headquarters operation to Denver. Located in Denver’s southeast suburban submarket, west of Interstate 25 at the southeast corner of East Caley Avenue and South Syracuse Way, the seven-story office asset affords convenient local and regional access.…

CREJ

November 28, 2017

Tradition, High-Tech Blend in Finance Space

The finance sector continues to transform as it adapts to several major forces, including altering regulations, consumers’ increased use of digital banking and demands for increased cybersecurity. Following the 2008 recession, large financial institutions changed where they focus their investment dollars, namely less in personal lending and more in wealth management and investment banking.

Building Dialogue

November 26, 2017
x

Weitz completes 2 DTC office projects

The Weitz Co. recently completed two new office buildings in the southeast submarket, bringing the national construction firm’s square feet of built office space in Denver to over 25 million.

CREJ

November 26, 2017

BMC, Bow River get underway on 2727 Detroit

BMC Investments, in partnership with Bow River Capital Partners, announced that demolition and construction has begun at the two-story retail building located at 2727 Detroit St. in the Cherry Creek North neighborhood. The joint venture recently closed on a construction loan with FirstBank to construct an eight-story, 80,000 square foot mixed-use office and retail building on the site. “We…

CREJ

November 20, 2017
8822 S. Ridgeline Blvd.

Ogilvie makes value-add play with Highlands Ranch building

Denver-based Ogilvie Properties Inc. bought a Highlands Ranch office building with plans for improvements to the property – and the occupancy. The 76,369-square-foot building, located at 8822 S. Ridgeline Blvd., was 70 percent leased to eight tenants at the time of the $8 million sale. “It was the old headquarters for Mission Viejo, so it’s…

Kris Oppermann Stern

November 19, 2017
1144 15th

Unicom Capital takes top floor at 1144 Fifteenth

Hines recently secured a key tenant for the top floor of 1144 Fifteenth, the largest speculative office building built in downtown Denver in more than 30 years. Unicom Capital LLC signed a long-term lease for 20,036 square feet on the 40th floor in the 672,000-sf building. JLL brokers Jamie Roupp, Michael Crane and Andy Ross…

CREJ

November 14, 2017
kieding office

Building a Slice of Home into the Office

The lexicon of architecture and interior design is specific: smooth and taut, a little slick and flashy, occasionally marked with a touch of irony, and always cloaked in style. At least that’s the way we see it.

Building Dialogue

November 13, 2017

Fund invests $23.46 million in Boulder assets

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

November 12, 2017