According to Colorado-based developer Broe Real Estate Group, 200 Clayton, an eight-story mixed-use project adding 76,000 square feet of Class A office space to the highly coveted Cherry Creek North market, has reached its steel structure topping off. Prominently positioned at “Main and Main” in the heart of Cherry Creek North, the $150 million phased development […]
200 Clayton in Cherry Creek North Tops Out Read More »
CBRE has announced the sale of 75 acres at HighPoint Elevated industrial and logistics park in Aurora, to Dollar General. The park’s development team, Hyde Development and Mortenson, will build a 919,000-square-foot Class A distribution facility for Dollar General on the site. CBRE’s Daniel Close, Todd Witty, Tyler Carner, Jeremy Ballenger and Jessica Ostermick represented Hyde
Dollar General to Build Mega Warehouse at HighPoint Elevated Industrial & Logistics Park Read More »
By Rachel Mountain The Investment Tax Credit (ITC) has supported the growth of solar energy across the country by allowing property owners to recapture a significant percentage of the solar system price. The ITC is claimed on federal income taxes and can be monetized the first year after system operation. The tax credit is 26% in 2022 and
How to Safe Harbor the 26% Solar Tax Credit Before It Drops Read More »
Global insurance brokerage company Arthur J. Gallagher & Co today announced the acquisition of Denver-based Denver Agency. Terms of the transaction were not disclosed. Founded in 1932, Denver Agency is a leading personal lines-focused insurance agency that specializes in serving high-net-worth and ultra-high-net-worth clients throughout the U.S. The agency also offers commercial property/casualty solutions for those clients.
Denver Agency Acquired by Global Insurance Brokerage Read More »
Prologis, the global leader in logistics real estate, has fully leased its Broadway Distribution Center, a brand new 141,524-square-foot Class A industrial/distribution building located at 6300 North Broadway in Denver, to Target Corporation. Steve Hager, Matt Trone, SIOR, and Joey Trinkle with Cushman & Wakefield together with Keiffer Garton, vice president and market officer at Prologis,
Target Fully Leases Prologis Broadway Distribution Center in Denver Read More »
Raymond Management Company (RMC), a premiere hospitality development and management company out of Madison, Wisconsin, has purchased a 2.09-acre hotel pad site in Olde Town Arvada at the southeast corner of Vance Street at 56th Avenue, from Trammell Crow Company (TCC). The site is development-ready including all grading, draining, utilities and landscaping necessary to begin vertical construction. RMC plans to build a
128-Room Residence Inn Planned for Hotel-Ready Site in Arvada Read More »
B+E, a modern investment brokerage firm specializing in net lease real estate and 1031 exchanges, has released its Net Lease Industrial Report on Amazon. Key Points: Amazon industrial warehouse transactions in the first half of 2022 have included some of the largest trades on record. Amazon increased its number of U.S. fulfillment centers by 30%
Amazon Industrial Warehouse Transactions in 2022 Among Largest on Record Read More »
The Golden Center, a 15,684-square-foot office property located in the heart of downtown Golden, situated under the famous “Welcome to Golden” sign, has sold for $5,650,000 to an undisclosed buyer. Brandon Kramer, first vice president of investments in Marcus & Millichap’s Denver office, had the exclusive listing to market the property on behalf of the
Office Property in Downtown Golden Sells for $5.65M Read More »
The separate sales of two apartment communities in Aurora were announced this week. Both properties are within minutes of The University of Colorado Anschutz Medical Campus, giving them significant rental upside. 11300 E. 16th Ave Park 16 Apartments, a 60-unit, 50,466-square-foot apartment community located at 11300 E. 16th Ave in Aurora, has sold for $10.8 million,
Two Multifamily Properties Within Minutes of Anschutz Medical Campus Sell to Investors Read More »
Stonebridge Cos. Welcomes Steve Kakaty as Chief Investment Officer Stonebridge Cos., a Denver-based, privately owned, innovative hotel owner, operator and developer, announced Steve Kakaty joined the team as chief investment officer. With more than 16 years of experience in the real estate industry, Kakaty will spearhead Stonebridge’s real estate platform. Stonebridge has been on the path towards
Movers and Shakers Week Ending 08.05.22 Read More »
