DIA Official Named Denver’s New Economic-Development Director
View here Eric Hiraga, a Denver International Airport official and former real estate development executive is to become the next executive director of the city’s Office of Economic Development. Th former executive vice president and chief of staff at DIA will begin his new role Sept. 5. Image courtesy... Read more
Denver’s Mariposa District Celebrates Completion of Apartment Units
View here Denver’s Mariposa District development is celebrating the completion of its apartment units. The Denver Housing Authority (DHA) is redeveloping the existing distressed public housing to provide Denver residents with affordable and market-rate living options that offer easy access to the nearby 10th and Osage light rail station. Three more... Read more
Third School of 2017 Hits the Market
Westminster, CO – JLL has listed Zerger Elementary, owned by Jefferson County Public Schools, for $4.7 million — the third school in Colorado to be listed this year. Located at 9050 Field Street in Westminster, Colorado, the 8.5-acre property includes a 43,563-square-foot school building which was closed in 2011 by Jeffco Schools... Read more
Suburban Denver Property Achieves Highest-Ever Price Per-Unit
DENVER — Amberley Heights, a two-building, 96-unit, condo-quality asset located in the upscale commercial and residential community of Inverness in Englewood, CO has sold for $38.6 million. The property, with larger than average units, sold for more than $402,000 per unit and $267 per square foot, making it the highest-ever sale price per unit... Read more
59-Acre Parcel of Land in Lakewood For Sale
View here  A 59-acre parcel of land in Lakewood — located along West Sixth Avenue between Kipling Street and Union Boulevard — will be auctioned off by The U.S. General Services Administration..  The land is zoned for transit-oriented mixed-use. The City of Lakewood has not expressed interest in the parcel but... Read more
Mixed-Use Transit Oriented Building For Sale in Old Town Arvada
Arvada, CO — Holliday Fenoglio Fowler, L.P. (HFF), on behalf of the owner, is marketing for sale Olde Town Plaza, a 19,673-square-foot, mixed-use retail and residential building, and the adjacent 5790 Yukon Street, a 0.42-acre redevelopment site located in Arvada, Colorado. This value-add, transit-oriented opportunity is located at the entrance to historic Olde... Read more
New Luxury Apartment Complex Planned Near RTD’s Colorado Station
View here Los Angeles-based real estate investment firm CityView and Houston-based Dinerstein Cos. will develop a 350-unit apartment complex at the southeast corner of Colorado Boulevard and Evans Avenue, close to RTD’s Colorado Station. Groundbreaking on the project is expected to occur next month and completion is anticipated for the... Read more
DBJ’s CRE Forum: Trends and Insights from Three Industry Experts.
View here The Denver Business Journal held a Commercial Real Estate forum on June 19. Panelists included Pete Schippits, senior managing director and market leader for CBRE in Colorado, Allison Recker, senior vice president of commercial real estate finance at UMB Bank in Denver, and Jay Philp, a partner in the real... Read more
Affordable Apartment Community Trades in Heavily Amenitized Boulder
Boulder, CO — ARA, A Newmark Company (ARA Newmark) announces the $13.6 million sale of Depot Square, a new Class-A+, 71-unit, transit- and employment-centric, LEED Gold-certified community in Boulder, CO adjacent to the new Google campus. The Boulder submarket, the strongest in Colorado and one of the best in the nation, has... 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