Investors Purchase 432-Acre Louisville Parcel in Bid for Amazon HQ2
View here A 432-acre site in Louisville, CO owned by Phillips 66, is now under contract to California-based Bancroft Capital — and rumors are, the parcel is one of a few suitable sites in Colorado, for the Amazon headquarters. Located just off Northwest Parkway and U.S. 36, the former StorageTek campus has been... Read more
Cherry Creek Safeway to Close
View here The Safeway store at First Avenue and Steele Street in Cherry Creek will close, effective Jan.4 2018. Due to long-standing contractual obligations, Cherry Creek Shopping Center was not longer able to renew Safeway’s lease, despite being in the neighborhood for 51 years. The move underscores the changes happening in the retail sector... Read more
CBRE Completes $3.4M Sale Of Shops at Garden of the Gods in Colorado Springs
DENVER – CBRE announced the completion of a $3.4 million sale of a 7,931-square-foot retail strip center located at 532-536 Garden of the Gods Road in Colorado Springs. Matthew Henrichs, Parker Brown and Brad Lyons with CBRE Capital Markets, National Retail Partners, in Denver represented the seller, Republic Investment Group... Read more
Denver Housing Authority Office Tower to Anchor Mariposa Redevelopment
View here The Denver Housing Authority’s Collaborative Resource Center recently broke ground at the 17-acre Mariposa District, just north of the West 10th Avenue and Osage Streetlight rail stop. The 11-story building, designed by Davis Partnership Architects will serve as the Housing Authority’s headquarters when it opens in 2019. The center... Read more
Northern Colorado’s Office, Retail and Industrial Markets Strengthen
DENVER — CBRE Research recently released their latest reports analyzing Northern Colorado’s office, retail and industrial markets. Here are the highlights from each sector as well as a link to each report: 1st Half of 2017 NoCo Office Highlights Activity in Northern Colorado’s office market was strong through the first half of 2017 with... Read more
Nashville Developer Opens Office in Denver
View here Southern Land Co., a Nashville real estate developer, is to open an office in Denver — a sign of the company’s ongoing and future activity in that market. The developer currently has two projects in Denver; Centric LoHi, a 302 apartment complex with 9,000-square-feet of retail space, just completed... Read more
Denver will Bid for Amazon HQ2
View here The New York Times thinks Denver would be the best fit for Amazon’s second headquarters. The retail giant announced last week that it is looking for a new city to build a $5 billion headquarters that would employ 50,000 people. Citing lifestyle and affordability, along with Denver’s supply... Read more
Major Mixed-Use Development Planned for Johnstown, CO
DENVER — Arizona-based Caliber Development, a subsidiary of Caliber – The Wealth Development Company, and Westar Development, have acquired a 256-acre land parcel for mixed-use development in Johnstown, a rapidly growing city on Interstate 25 just 45 minutes north of Denver. Ideally situated at the southeast corner of I-25 and the Freedom Parkway... Read more
Historic Champa Street Buildings Sell for $20M
DENVER – Three historic, mixed-use buildings at 1726, 1732 and 1742 Champa St. in downtown Denver, sold on August for $19.8 million or $243 per square foot. Built between 1892 and 1929, the trio of buildings included the longtime headquarters of Buerger Brothers, a barber and beauty shop supplier that was... Read more
Western Union Inks One Belleview Station for Global Headquarters
DENVER – Western Union, a global leader in payment services, has signed a 246,500-square-foot lease at One Belleview Station, a Class AA office building located at 7001 East Belleview Avenue in Denver, Colorado. They will move into their new global headquarters in November 2018. One Belleview Station is part of... Read more