SteelWave joins Capitol Center owner in asset repositioning
SteelWave has entered a joint venture with the owner of an uptown office asset that is a prime candidate for repositioning. The Capitol Center comprises a 133,400-square-foot multitenant office tower at 225 E. 16th Ave. that is 69 percent leased and a 22,857-sf building at 1600 Sherman St. leased to The Colorado Trust. SteelWave and…
Kris Oppermann Stern
May 31, 2016Redevelopment of existing industrial building planned
Denver County Property Location: 2200-2220 California St., Denver Property Description: 18,614-sf commercial building with five drive-in doors, 16’ clear, YOC 1920, masonry construction (to be fully renovated) Land Size: 18,893 sf Sales Price: $3M, or $161.17 per sf Reception No.: 2016067571 Closing Date: 5/24 Grantor: WEJ 2015 Charitable Remainder, William E. Jackson, tr., 303-377-7758 Grantee: 550…
John Winslow
May 31, 2016Growing tech tenants head east for larger spaces, affordability
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 31, 2016CBRE facilitates first part of huge MOB monetization
CBRE Group Inc. announcedthe closing of the first tranche of a multistate, 52-building medical office portfolio on behalf of Colorado-based Catholic Health Initiatives for $324 million. In total, the portfolio, which is expected to close in its entirety by year-end, is valued at approximately $700 million. According to Real Capital Analytics Inc.’s Medical Office Building data,…
Kris Oppermann Stern
May 25, 2016Husch Blackwell to be first tenant at Union Tower West
Portman Holdings, developer of the mixed-use Union Tower West in Denver’s LoDo area, announced that law firm Husch Blackwell will lease 36,272 square feet of office space at Union Tower West, scheduled to open December. Union Tower West is Portman’s first development in Denver. It will contain 100,000 square feet of office space above the…
Kris Oppermann Stern
May 18, 2016Lee & Associates Office Market Review Q1 2016
First-quarter highlights Biomet Inc. and CoBiz Financial were among the top office lease transactions completed in the first quarter.[vc_column width="1/3"][vc_column width="1/3"][vc_column width="1/3"]
CREJ
May 16, 2016Hawaiian investor pays $10.9 million for Inverness building
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 16, 2016The Winslow Report 5-18-16
The Winslow Report, authored by John V. Winslow is a compilation of transactions recently completed in Adams, Arapahoe, Boulder, Broomfield, Denver, Douglas and Jefferson counties. The information was gathered from county records and deemed to be reliable. Other sources of research include brochures and information verified by owners or listing/selling brokers. Winslow is president of WinComps…
John Winslow
May 15, 2016Quantum Commercial Group – 1st Quarter 2016
Colorado Springs office market starts 2016 strong The Colorado Springs office market started 2016 strong with a total net absorption of 119,532 square feet, according to a first-quarter report by Quantum Commercial Group Inc. The firm also reported on several other sectors' performance in the first quarter.[vc_column width="1/3"][vc_column width="1/3"][vc_column width="1/3"][vc_column width="1/3"][vc_column width="1/3"][vc_column width="1/3"]
CREJ
May 13, 2016Unico to develop mixed-use project on Platte Street
Unico Properties LLC, a real estate investment and operating company with more than 3.4 million square feet of holdings in Colorado, announced it will continue to build on its long history of property development with its first ground-up development in Denver, at 1615 Platte St., breaking ground on this mixed-use project in summer 2016. “We’ve…
CREJ
May 11, 2016