Regis Jesuit High School acquires 18-acre site for $6 million
Arapahoe County Property Location: Northwest corner South Olathe Street & East Arapahoe Road, (16501 E. Arapahoe Road), Aurora Property Description: 4,964-sf storage building, YOC 1978; 1,972-sf office building, YOC 1964; & 2,336-sf residential building, YOC 1960 (land value) Land Size: 18.06 acres Sales Price: $6M, or $7.65 psf Reception No.: D7038792 Grantor: Kenneth Raymond Brady, Trustee for Charles…
John Winslow
April 15, 2017
SSP Innovation acquires office building in Centennial Airport Center
Arapahoe County Property Location: 6766 S. Revere Pkwy., Centennial Property Description: 17,080-sf, single-story office building, YOC 1982, brick Land Size: 1.28 acres Sales Price: $1.67M, or $98.01 psf Reception No.: D7031076 Grantor: Eaglecreek Associates IV, Donna Blair, CEO of James Blair Properties Inc., & CC&B Investment Group, Brian Conlisk, pres. (https://blogs.magicjudges.org) Grantee: SSP Realty LLC, Skye R.…
John Winslow
April 12, 2017
NAIOP: U.S. commercial real estate development supports 6 million jobs
Commercial real estate development in Colorado supports 45,897 related jobs and contributes $5.88 billion to the state’s economy, according to an annual study published by NAIOP Research Foundation. The NAIOP study showed development, construction and ongoing operations of new commercial real estate in the United States – office, industrial, warehouse and retail – generates significant…
CREJ
April 10, 2017
Virtual reality for commercial space
I entered the commercial real estate Matrix. I donned the virtual reality goggles, and the 2,000-square-foot office that Walkthrough leases with another company in Lower Downtown was replaced by office furniture supplied by one of Walkthrough’s customers, Interior Environments. A virtual, green-lined grid, which reminded me of the Matrix, kept me from walking into the…
Kris Oppermann Stern
April 6, 2017
$250 million mixed-use project coming to Cole neighborhood
Saunders Development has partnered with owners Byron, Andy and Brett Weiss to develop the Denver Rock Drill project, a 700,000-square-foot, $250 million project comprised of office, retail, residential and hotel in the historic Cole neighborhood near the 38th and Blake commuter-rail station. Denver Rock Drill is currently preleasing office and retail space and plans to break ground on construction…
CREJ
April 3, 2017Companies look to 36 corridor to attract, retain talent
Companies are looking toward the U.S. Highway 36 corridor to attract and retain employees in the technology sector, and as density increases, so too will investor interest. “I think one of the things that investors are predicting, and its time has really come, is that the 36 corridor is going to be the recipient of…
Kris Oppermann Stern
April 3, 2017
The Bell Tower: A Denver whale site & design riddle
Steve Ferris, Founder and principal, Real Estate Garage, Denver This the first in the series on Denver’s “Whale Sites,” defined as extremely prominent underdeveloped land parcels whose size and location will influence Denver’s future growth and development. Examples include the Bell Tower site, Aquarium Parking Lots, Burnham Yard, the former Denver Post Printing Site and…
CREJ
April 3, 2017NAIOP Colorado honors top commercial real estate talent
Photos courtesy of NAIOP Colorado, www.NAIOP-Colorado.orgNAIOP Colorado honored the Denver area's top commercial real estate talent and projects for 2016 at its 20th annual Awards of Achievement at the Denver Center for the Performing Arts Feb. 23. A total of 450 people attended the annual gala. Award winners and finalists were: Award of Excellence Kevin C.…
Kris Oppermann Stern
April 3, 2017
Southeast Denver office building snapped up for $58.16 per square foot
Denver County Property Location: 2253-2255 S. Oneida St., Denver Property Description: 45,223-sf, three-story office building, YOC 1983-1999, brick Land Size: 1.76 acres Sales Price: $2.63M, or $58.16 per sf Reception No.: 2017033969 Grantor: American Cancer Society, Colorado Division Inc., Gary M. Reedy, CEO Grantee: Zuni Capital Management LLC, Trevor Pettennude, 303-623-3290 Closing Date: 3/8 Comments: Building constructed in…
John Winslow
March 30, 2017
CBRE Research forecasts solid growth, strong appetite for Denver assets
Growth in Denver's economy and most commercial real estate product types will continue through 2017, according to CBRE Research's 2017 Denver Market Outlook. In the office sector, more than 2.2 million square feet of speculative construction is expected to deliver in 2017, 1.9 million sf of it in suburban markets. With just 26 percent of new product preleased at…
CREJ
March 28, 2017
