• MCA Banner Ad 4 728 x 90
  • Digital - This Space Available
  • MidFirst Bank Banner 728 x 90
  • Coan Payton & Payne 2023 Banner 728 x 90
  • Advanced Exercise 2022 Banner 728 x 90
1031 Exchange

1031 exchanges may be axed by Trump’s tax plan

Riki Hashimoto’s phone was ringing off the hook late last week. Anxious investors had one question for the commercial real estate broker after President Donald Trump released his still skeletal outline for tax reform last Wednesday: “Are 1031 exchanges going away?” While a lot of media ink was devoted to things like the proposed 15…

Kris Oppermann Stern

May 1, 2017

CBRE: Nearly half of new office space is preleased

It used to be that tenants wanted to see an office building before they signed a lease, but that appears to be changing. Almost half, 47.3 percent, of the 5 million square feet of office space being developed in Denver as of the first quarter is preleased, according to CBRE Research. Most of the space,…

Kris Oppermann Stern

May 1, 2017
1031 Exchange

1031 exchanges may be axed by Trump’s tax plan

Riki Hashimoto’s phone was ringing off the hook late last week. Anxious investors had one question for the commercial real estate broker after President Donald Trump released his still skeletal outline for tax reform last Wednesday: “Are 1031 exchanges going away?” While a lot of media ink was devoted to things like the proposed 15…

Kris Oppermann Stern

May 1, 2017
flight

Flight taking off at Taxi

Freight was the only multitenant, speculative office building under construction in Denver during the Great Recession, recalled Kyle Zeppelin, on a recent pleasant spring afternoon, as he sipped an espresso in the Black Black Coffee shop in the mixed-use Taxi development. Freight was 100 percent leased even before it opened in Taxi. Now, Zeppelin, the son…

Kris Oppermann Stern

April 25, 2017
Kentwood

Niederman bullish on commercial real estate

There are plenty of shiny, new office towers sprouting along the southeast corridor where Peter Niederman could easily lease 25,000 square feet for his residential real estate firm. So why did Niederman, CEO of Kentwood Real Estate, one of the nation’s most successful residential real estate firms, instead decide to build his own office building,…

Kris Oppermann Stern

April 20, 2017
Comp of the Day handshake image

Littleton office building trades for $4.1 million with a 7.15% cap rate

Arapahoe County Property Location: 1420 W. Canal Court, Littleton Property Description: 26,927-sf, two-story with garden level office building, YOC 2001, masonry construction, 108 parking spaces Land Size: 1.99 acres Sales Price: $4.08M, or $151.34 psf Reception No.: D7037409 Grantor: Farrell-Roeh Southpark LLC, John D. Strohm, mgr., 303-794-6655 Grantee: Shane & Elizabeth Roth LLC, 303-471-5788 Closing Date: 3/31 Financing:…

John Winslow

April 19, 2017
Comp of the Day handshake image

Historic Rocky Mountain Bank Note Building sells for $10.5 million

Denver County Property Location: 1062 Delaware St., Denver, “Rocky Mountain Bank Note Building” Property Description: 30,000 sf, two-story office building, YOC 1929, renovated in 2012 Land Size: 22,754 sf Sales Price: $10.54M, or $351.20 psf Reception No.: 2017045826 Grantor: 1062 Delaware LLC by: The Nichols Partnership VI LLC, Randy Nichols, mgr., www.nicholspartnership.com, 1644 Platte St., Suite 130,…

John Winslow

April 18, 2017

Shea Properties brings iconic features to 17th & Curtis

There will be stunning views from Shea Properties’ 28-story apartment building in the middle of downtown Denver, but the most interesting view may be from the street. Passers-by of the high-end apartments on Curtis Street will look up to see people swimming behind a 40-by-9-foot wall of glass at the end of the pool. “This…

Kris Oppermann Stern

April 17, 2017
Galvanize

Galvanize building in Golden Triangle trades for $10.54M

Galvanize’s original location, a historic brick-and-timber building in the Golden Triangle neighborhood, has a new owner. Boulder-based GAB Delaware LLC bought the approximately 30,000-square-foot building at 1062 Delaware St. in Denver from a group led by The Nichols Partnership for $10.54 million. The building was constructed for Rocky Mountain Bank Note in 1929. It has…

Kris Oppermann Stern

April 17, 2017
Comp of the Day handshake image

Former Sports Authority buildings sell for nearly $75 per square foot

Arapahoe County Property Location: 1050-1090 W. Hampden Ave., Englewood Property Description: 210,787 sf (two flex buildings consisting of 92,000 sf & 118,787 sf, YOC 1987, block construction) Land Size: 14.796 acres Sales Price: $15.77M, or $74.79 psf Reception No.: D7039519 Grantor: 1050 Hampden LLLP (Etkin Johnson Real Estate Partners, Bruce H. Etkin, pres.) Grantee: West Hampden Investors…

John Winslow

April 17, 2017