6 days ago

Tracking Denver’s apartment concessions activity

© Copyright 2015 Colorado Real Estate Journal. All Rights Reserved.  |  1600 Stout Street, Suite 1330  |  Denver, CO 80202  |  Phone: 303.623.1148

    Tracking Denver's apartment concessions activity - Colorado Real Estate Journal
    While outsized rent hikes and affordability concerns have dominated the headlines in Denver's apartment market in recent years, our robust apartment data set reveals that the environment has become materially more favorable to renters in several respects over the last few years.
    https://crej.com

Feb 14

Aurora investor pays $5.16M for retail center in Promenade at Castle Rock

Grantee: Promenade Shops LLC, Paul Zueger, mgr., 70 S. Potomac St., Aurora

    Aurora investor pays $5.16M for retail center in Promenade at Castle Rock - Colorado Real Estate Journal
    Property Location: 1345 New Beale St., Castle Rock Property Description: 8,188-sf retail center, YOC 2016, masonry Land Size: 1.46 acres Sales Price: $5.17M, or $630.80 psf Reception No.: 2018006786 Closing Date: 2/1 Grantor: Ponderosa Pine LLC c/o Alberta Development Partners, Donald G. Provost, mgr. Grantee: Promenade Shops LLC, Paul Zueger, mgr., 70 S.
    https://crej.com

Feb 12

Logistics company signs lease for 139,417 square feet in Aurora

Lanter Delivery Systems will occupy half of the building at 20101 E. 36th Drive in Aurora.

    Logistics company signs lease for 139,417 square feet in Aurora - Colorado Real Estate Journal
    A third-party logistics company is vastly expanding its Denver presence with a new location in Majestic Commercenter in Aurora. Lanter Delivery Systems Inc., which reportedly occupies about 17,000 square feet of space in Aurora, signed a long-term lease for 139,417 sf in an industrial building Boulder-based Conscience Bay Co.
    http://crej.com

Feb 12

Inland adds to holdings with $80M buy of Après Apartments

It paid $80 million, or $196,078 per unit, for the 408-unit community at 1539 S. Galena Way.

    Inland adds to holdings with $80M buy of Après Apartments - Colorado Real Estate Journal
    Inland Real Estate Acquisitions LLC continues its apartment acquisition spree in metro Denver, most recently with the Après Apartments purchase in Aurora. It paid $80 million, or $196,078 per unit, for the 408-unit community at 1539 S. Galena Way.
    http://crej.com

Feb 11

Bringing Engineers in Early as Buildings ‘Green’

MDP Engineering Group provided engineering services for 1900 16th Street.

© Copyright 2015 Colorado Real Estate Journal. All Rights Reserved.  |  1600 Stout Street, Suite 1330  |  Denver, CO 80202  |  Phone: 303.623.1148

    Bringing Engineers in Early as Buildings 'Green' - Colorado Real Estate Journal
    It's no secret that commercial buildings are responsible for a large portion of the energy consumption in the state of Colorado; 18 percent according to the Colorado Department of Local Affairs.
    http://crej.com

Feb 07

Element hotel gets underway in Denver’s Golden Triangle

Excavation has begun for the 157-room hotel, which will be located at 1314 Elati St.  It is being developed by two Colorado-based developers, H&H Hotels and Alliance Investments, along with equity partner Promanas, based in Michigan.

    Element hotel gets underway in Denver's Golden Triangle - Colorado Real Estate Journal
    A $40 million Element by Westin hotel is underway in Denver's Golden Triangle. Excavation has begun for the 157-room hotel, which will be located at 1314 Elati St. It is being developed by two Colorado-based developers, H&H Hotels and Alliance Investments, along with equity partner Promanas, based in Michigan.
    https://crej.com

Feb 07

Long-term Denver investor acquires restaurant with a 10-year lease

Property Location: 3500 Larimer St., Denver, “Hop Alley” restaurant

    Long-term Denver investor acquires restaurant with a 10-year lease - Colorado Real Estate Journal
    Property Location: 3500 Larimer St., Denver, "Hop Alley" restaurant Property Description: 5,158-sf restaurant, YOC 2000 Land Size: 6,244 sf Sales Price: $2.08M, or $403.26 per sf Reception No.: 2018009282 Closing Date: 1/24 Grantor: KOCV Fund I LLC, Chris Viscardi, mgr.
    https://crej.com

Feb 07

Context key for architect Craine

...use development rises to five stories and it takes up much of the block at Welton and 25th streets. “So we were looking at something a little larger than you would typically find...

    Context extremely important for Denver architect Dan Craine
    Context is everything when architect Dan Craine is designing buildings in Denver's urban neighborhood and even in suburban locales like Castle Rock and Arvada. But context doesn't mean that every new building is necessarily the size and height of what has gone before it, according to Craine, principal and founder of his namesake firm, Craine Architecture.
    https://crej.com

Feb 05

Small businesses thrive in Cherry Creek North

Cherry Creek North, the 16-block area extending from University Boulevard to Steele Street and First to Third Avenues, has long been known as the home for independent and luxury retailers...

    Small businesses thrive in Cherry Creek North - Colorado Real Estate Journal
    The city of Denver continues to see incredible levels of investment. This year is expected to be another record year with several major development projects under construction or planned that will add to the city's growth and transformation. In Cherry Creek North, this transformation is even more profound.
    https://crej.com

Feb 05

Civic Center Station: Transit Bookends Ready to Support the Next Chapter

© Copyright 2015 Colorado Real Estate Journal. All Rights Reserved.  |  1600 Stout Street, Suite 1330  |  Denver, CO 80202  |  Phone: 303.623.1148

    Civic Center Station: Transit Bookends Ready to Support the Next Chapter - Colorado Real Estate Journal
    Now that construction on the Regional Transportation District's Civic Center Station is in its final stages, the more than 15,000 daily transit riders who use the station will soon enjoy safer, easier and more transparent access to RTD services.
    https://crej.com

Feb 05

BLVD Builders acquires 27 townhome sites in Thornton

...townhome development at Riverdale Park Townhomes in Thornton, 28-unit townhome development at Larimer Row (34th and Larimer St.), and 136-unit Ironworks Village in Englewood...

© Copyright 2015 Colorado Real Estate Journal. All Rights Reserved.  |  1600 Stout Street, Suite 1330  |  Denver, CO 80202  |  Phone: 303.623.1148

    BLVD Builders acquires 27 townhome sites in Thornton - Colorado Real Estate Journal
    Property Location: Vicinity of NEC E. 98 th Ave. & Washington St., Thornton Property Description: 27 townhome lots Land Size: 47,965-sf, ranging from 1,578 sf to 2,204 sf each, average 1,776 sf Sales Price: $1.42M, or $52,767 per lot or $29.70 psf Reception No.: 6885 2018 Closing Date: 1/19 Grantor: Black Feather Land LLC, Richard R.
    https://crej.com

Feb 05

Condo boutiques like Ivy next wave in Denver

He noted that relatively large condo developments such as the Coloradan and Lakehouse have accounted for a lion’s share of the number of condo units under construction. And before that there was 250 Columbine in Cherry Creek North.

Denver-based Elevation Capital Partners plans to begin construction of the 26-unit, five-story condo building at 1809 W. 33rd Ave. in May. Presales kick off in March.

    Condo boutique buildings like Ivy next wave in Denver
    Condo fever is sweeping the Denver area market in the wake of legislators addressing the construction defect issue almost a year ago. JK - just kidding, as my daughter used to say when she was in elementary school.
    https://crej.com

Jan 31

California retail investor acquires Tamarac Shopping Center for $20 million

Property Location: 7777 E. Hampden Ave. & 3333 S. Tamarac St., Denver, “Tamarac Shopping Center”

Property Location: 7777 E. Hampden Ave. & 3333 S. Tamarac St., Denver, “Tamarac Shopping Center”

    California retail investor acquires Tamarac Shopping Center for $20 million - Colorado Real Estate Journal
    Property Location: 7777 E. Hampden Ave. & 3333 S. Tamarac St., Denver, "Tamarac Shopping Center" Property Description: 68,534-sf shopping center, YOC 1976 Land Size: 7.21 acres Sales Price: $20M, or $291.83 per sf Reception No.: 2017164598 Closing Date: 12/18 Grantor: AIP Properties #1 LP c/o DDR Grantee: Tamarac Shopping Center 17 A LLC c/o ACF Property Management Inc., Alan C.
    https://crej.com

Jan 29

Denver industrial property trades for $1.13 million

Property Location: 4925 E. 38th Ave., Denver

    Denver industrial property trades for $1.13 million - Colorado Real Estate Journal
    Property Location: 4925 E. 38 th Ave., Denver Property Description: 6,712-sf industrial building, YOC 1956, masonry construction, heavy power and refrigeration/cooling Land Size: 18,002 sf Sales Price: $1.13M, or $167.61 psf Reception No.: 2018007665 Closing Date: 1/19 Grantor: John W. Campbell IV & Molly S.
    https://crej.com

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