Denver Post won’t celebrate 126th birthday downtown
The Denver Post celebrated its 125th birthday on Tuesday. “We’re proud of our history and our accomplishments over the past 125 years,” Mac Tully, president and CEO of the Denver Post wrote in a missive published in a special wrap-around section of the newspaper that included a copy of the first edition of the paper,…
Kris Oppermann Stern
August 9, 2017
U.S. Bank targets former Arrow campus for expansion
U.S. Bank is on target for expansion in the Denver area after acquiring a pair of former Arrow Electronics buildings for $17.75 million. Arrow sold the buildings at 7459 S. Lima St. and 79 Inverness Drive East in Englewood within days of relocating to its new headquarters in Centennial. U.S. Bank will move more than…
Kris Oppermann Stern
July 31, 2017
Investors seeking new Saunders building come out of woodwork
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Kris Oppermann Stern
July 31, 2017
Baker district site scores nearly $152 per square foot
Denver County Address or Location: 346-360 Acoma St., Denver Improvements: 33,016-sf office building, YOC 1964, brick (land value) Land Size: 40,366 sf Date of Recording: 7/13 Reception No. 2017092257 Price: $6.13M, or $151.86 psf Grantor: Mi Casa Resource Center Grantee: VCMRE 360 LLC, Paul E. Slye, mgr., (by: Vukota Capital) Financing: $4.4M payable to Shames…
John Winslow
July 27, 2017
L&B Realty Advisors acquires new Inverness office building for $365.56 per square foot
Arapahoe County Address or Location: 86 Inverness Place North, Englewood Improvements: 36,383 sf, two-story office building, YOC 2016, masonry veneer Land Size: 3.021 acres Date of Recording: 7/6 Reception No. D7077087 Price: $13.3M, or $365.56 psf Grantor: SHQ LLC, George E. Rigby III, mgr., & Greg Schmidt, CEO of Saunders Construction Company, 303-699-9000 Grantee: 86…
John Winslow
July 26, 2017
Water conservation key to Sterling Ranch
Water. While much has been written about affordable housing and the acute labor shortage, as pressing as these problems are, they take a backseat to water. Without water, development and growth in a semi-arid region like the Front Range, grinds to a halt. But water, like the ever-changing weather in Colorado, seems to be something…
Kris Oppermann Stern
July 26, 2017
Murphy retires from Continuum
Daniel Murphy is calling it quits after almost a half-century in the commercial real estate world. “It is kind of bitter sweet, as you can imagine,” Murphy, a senior principal of Denver-based Continuum Partners told me on Monday afternoon. “I turned 70 in May. It is just time. It is just time.” Dan Murphy, second…
Kris Oppermann Stern
July 18, 2017
Denver dentist acquires medical building on “Old Pearl Street” for $1.2 million
Denver County Property Location: 1905 S. Pearl St., Denver Property Description: 2,477-sf, single-story medical building, YOC 1929, renovated in 2007, brick Land Size: 6,250 sf Sales Price: $1.2M, or $484.46 psf Reception No.: 2017079479 Grantor: Pearl Street Property Holdings LLC, Carl E. Vogel, mgr. Grantee: GTK Property Holdings LLC, Dr. Cynthia D. Wright & Dr. Stephanie…
John Winslow
July 14, 2017Denver is nation’s seventh-greenest city, says CBRE
Green Building Adoption Index shows more green in cities with benchmarking laws For the fourth year in a row, Denver ranked among the top 10 U.S. cities for the percent of its office space qualified as green-certified, according to the annual Green Building Adoption Index study by CBRE and Maastricht University.[vc_column width="1/3"][vc_column width="1/3"]
CREJ
July 12, 2017
CBRE: Office market holding steady at midyear
The average direct asking rate in the second quarter dipped slightly year over year. Despite the decline, the average direct asking rate remained 33.5 percent higher than its post-recession average, according to CBRE.[vc_column width="1/3"][vc_column width="1/3"][vc_column width="1/3"]
CREJ
July 12, 2017
