First For-Sale Condos in Union Station Neighborhood Open Sales Center
DENVER – East West Partners, a Denver-based developer devoted to building, selling, and managing high-quality real estate, and its partner Ascentris, a Denver-based real estate private equity firm,  just announced that the sales center for The Coloradan will open on July 15. With the startling lack of condominium inventory in downtown Denver, The Coloradan —... Read more
Denver’s Industrial and Office Markets Strong in Q2
View here According to  CBRE’s latest market update, strong population and job growth is supporting Denver’s industrial and office markets in the second quarter of 2017. Industrial remains the strongest — tenants have absorbed more space than they have let go for an unprecedented 29th consecutive quarter — more distribution... Read more
Denver Cheapest Place to Build in U.S.
View here According to Rider Levett Bucknall’s latest ” Quarterly Construction Cost Report,” Denver is currently the cheapest place to build in the U.S. It costs an average of $145 per square foot to build a retail center in Denver, compared with $495 per square foot in Honolulu and $480 in... Read more
Kroenke Purchases Shopping Center in Longmont for $24.8M
View here According to BizWest, The Kroenke Group’s Columbia, Missouri-based TKG Management Inc. subsidiary has bought the majority of a 115,000-square-foot shopping center in Longmont, CO., for $24.8 million. The seller was Inland Real Estate Group of Oak Brook, Illinois. Image courtesy of EMPICS Sport. Read more
Belleview Station Completes First Phase of Transit-Oriented Development
DENVER – Belleview Station, the mixed-use transit-oriented development at I-25 and Belleview in south Denver, has announced the completion of phase one. With more than 100,000-square-feet of retail space, 300,00-square-feet of office and 678 residences nearing full occupancy, developer Front Range Land and Development Company is eyeing future developments on... Read more
DDP Begin Study of 16th Street Mall to Determine its Future
View here The Downtown Denver Partnership is preparing to embark on a study of 16th Street Mall, in hopes of revitalizing the transit and retail corridor. The process to identify and consider social and environmental impacts when reviewing alternatives begins today, with a three-day workshop for participating agencies, to determine a... Read more
Sprouts Signs First Lease at Stapleton’s Transit-Oriented Development
View here Sprouts Farmers Market has leased 30,000-square-feet in the 3500 block of Central Park Boulevard, as part of a 4 million-square-feet mixed-use, transit-oriented development that Mile High CRE announced earlier this month. Newmark Knight Frank handles the leasing and marketing of Crossroads Commerce Park. Image courtesy of KTGY Architecture + Planning Read more
DIA’s Major Airlines Dispute Aspects of $1.3B Deal for Terminal Renovation
View here According to The Denver Post, DIA’s major airlines have requested a four-month delay on renovations that include moving its main security checkpoints upstairs, expanding passenger capacity, and adding food and retail options. The airlines reportedly object to security plans, overall costs and other aspects of the 34-year partial privatization... Read more
Disruption to the U.S. Retail Industry Poses Uncertainty to CRE
View here According to the Denver Business Journal, an increase in retail bankruptcy filings and store closures — including last year’s collapse of Englewood-based Sports Authority — is presenting commercial real estate concerns. Read more
Mixed-Use Development to Transform Eight RiNo Acres
DENVER — Six city blocks of Denver’s River North Arts District (RiNo) adjacent to the 38th and Blake transit station will soon be one of the most interesting destinations in Denver to live, work, innovate, design or visit. The planned mixed-use development is being called Giambrocco and its mix of existing... Read more