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Central Park One

Central Park Station One kicks off new Stapleton TOD

Forest City Realty Trust will launch a 4 million-square-foot mixed-use development at Central Park Station next spring. The development will include Central Park Station One, a 190,000-square-foot Class AA mixed-use office building, as well as a 300-unit apartment community, a 120-unit condominium project and 60,000 sf of retail space, all integrated around an expansive public plaza. Forest…

CREJ

June 6, 2017
5500 S. Quebec St.

Northstar lands 62,214-square-foot headquarters tenant in DTC bldg.

Air Methods, an air medical transport company, has leased 62,214 square feet of office space in Greenwood Village for its corporate headquarters. The company will move its offices and employees to Northstar Commercial Partners’ 5500 S. Quebec St. building, located in the Denver Tech Center. Northstar acquired the 204,945-sf building in 2015 and has continued…

Kris Oppermann Stern

June 5, 2017
Fort Collins

Cress Capital buys more than 500,000 square feet in Fort Collins

Commercial real estate investor Cress Capital LLC has acquired more than 800,000 square feet of office and flex industrial space in Southern California and Colorado in two transactions for total consideration of approximately $110 million. Cress acquired the Prospect Portfolio, a 23-building office and flex industrial portfolio totaling over 500,000 square feet in Fort Collins, and…

Kris Oppermann Stern

May 31, 2017
Cranes

Cranes towering over Denver

The crane is Colorado’s new state bird. I first wrote that line, or something like it, for the Rocky Mountain News in the mid-1980s. At that time, developers from Canada, Texas and other places, were changing the skyline of Denver. Cranes are towering over Denver. Photo courtesy of GE Johnson. During that era, Republic Plaza…

Kris Oppermann Stern

May 25, 2017
Adams County

Adams County on a roll

Adams County is on a roll. An unnamed company is expected to announce later this year that it will bring a record 3,500 to jobs to Adams County. To put that in perspective, the most jobs ever announced in one year in Adams County took place just before the Great Recession hit. And that was…

Kris Oppermann Stern

May 18, 2017
Triangle Building

Triangle sale sizes up to $676.54 per sf

What may be the most distinctive office building in the Union Station neighborhood just became the priciest. The Triangle Building sold for $154 million, or $676.54 per square foot, eclipsing the previous price per sf for an office building in downtown Denver. Hamburg, Germany-based Union Investment Real Estate GmbH bought the 227,631-square-foot LEED Gold building…

Kris Oppermann Stern

May 12, 2017
1 Environmental Way

Elevations Credit Union acquires iconic building for $16.5 million

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

May 12, 2017
Sloans 1525

Co-working space coming to Sloans mixed-use development

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

May 12, 2017
Land

Land market taking center stage at CREJ conferences

Land demand in the Denver area is off the charts. “On activity, it probably is record as far as buyers of land,"  said Mike Kboudi, a land broker with Cushman & Wakefield. Competition is fierce. "It is really hard to get a good piece of ground,” said Kboudi, who during the past five years has sold…

Kris Oppermann Stern

May 11, 2017
Comp of the Day handshake image

Local investor acquires Castle Rock medical building for $3.03 million

Douglas County Property Location: 410 S. Wilcox St., Castle Rock Property Description: 11,911-sf medical office building, YOC 1994 Land Size: 1.428 acres Sales Price: $3.03M, or $253.97 psf Reception No.: 2017025922 Grantor: D & J Medical LLC, Dr. Jack England, mgr. Grantee: Wilcox Capital LLC, Calvin Van Essen, mgr., 303-916-1600 Closing Date: 4/14 Comments: See APN: 2505-113-09-023. Property…

John Winslow

May 9, 2017