Steve Ferris, Founder and principal, Real Estate Garage, Denver This the second in a series on Denver’s “Whale Sites,”defined as extremely prominent and underdeveloped land parcels whose size and location will define Denver’s future growth and development. Examples include the Burnham Yard, the former Denver Post Printing Site, Elitch Gardens, Broadway Station Area, RiNo Station…

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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…

A Centennial single-tenant retail property sold for nearly $900 per square foot – a pretty “standard” price per sf in today’s marketplace, noted Rob Edwards of Pinnacle Real Estate Advisors LLC.

The city of Westminster and REgeneration Development have executed a letter of intent to partner on the development of the first market-rate, transit-oriented, mixed-use project at Westminster Station.

Denver County Property Location: 7105 E. Hampden Ave., Denver Property Description: 9,985-sf restaurant, YOC 1970 Land Size: 39,120 sf Sales Price: $1.6M, or $160.24 psf Reception No.: 2017042530 Grantor: BelSky LLC, Victoria Belsky & Albert Belsky, mgrs. Grantee: Danibel LLC, Lawrence Bergstein, mgr., 7105 E. Hampden Ave., 80224 Closing Date: 3/31 Financing: $1.96M payable to KeyBank, NA Comments:…

Infinity LoHi is the latest luxury apartment community opening its doors in the trendy Lower Highland area. The 273-unit community at 2298 W. 28th Ave. is taking appointment from renters. The first residents can start to move in in May. (ranwhenparked.net) Infinity LoHi is the first apartment community in Denver by Florida-based Richman Signature Properties. “Incredible…

Adams County Property Location: 5175 W. 68th Ave., Arvada, proposed “3 Margaritas” Property Description: 6,352-sf restaurant, YOC 2007 Land Size: 1.25 acres Sales Price: $1.41M, or $221.98 psf Reception No.: 28109 2017 Grantor: Prime Lake LLC, Todd Hoffman, mgr. Grantee: Franco Brother’s Inc., Rafael Garcia Franco, pres. Closing Date: 3/31 Financing: $705,000 payable to JPMorgan Chase Bank, NA,…

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,…

Historic district dissent. Last week, West Highland neighbors filed a draft application with Denver Community Planning and Development to create another historic district in the Northwest Denver neighborhood. Although the application will likely will be revised to a certain extent, it does not sit well with Kevin O’Connell, a 22-year resident of what could become…