The dual-branded hotel Tru by Hilton Denver Downtown Convention Center and Home2 Suites by Hilton Denver Downtown Convention Center, is set to open on Friday, Nov. 1. The 382-room hotel, with 176 Tru by Hilton rooms and 206 Home2 Suites by Hilton suites, is located at 801 15th Street in downtown Denver. The property is owned
Dual-branded Hotel Set to Open in Downtown Denver Read More »
Cushman & Wakefield recently released its Q3 Tenant Report which compares the Mile High City’s population growth, employment, education and cost of living to 12 other large U.S. cities. According to the report, Denver remains a desirable place to live and work. Report Highlights: Denver’s unemployment remains well below the national average of 3.7%, coming
Denver Remains a Top City for Attracting Tenants Read More »
The Associated Builders and Contractors Rocky Mountain Chapter (ABCRMC) celebrated the 18th annual Excellence in Construction (EIC) Awards on Friday, October 25, at Infinity Park Event Center in Glendale, CO. The event featured a cocktail reception courtesy of Alliance Construction Solutions and Hensel Phelps Construction Co., a plated dinner, and an awards presentation, followed by a Casino Night
ABC Rocky Mountain Announces Winners of Excellence in Construction Awards Read More »
Stapleton Plaza Office Center, a 10-story office building totaling 131,949 square feet, located at 3401 Quebec Street in Denver, has sold for $12.575 million. Denver-based Ogilvie Properties purchased the office building and is planning an extensive capital improvement campaign that includes renovations to tenant spaces, HVAC systems, parking garages and common areas. CBRE’s Patrick Devereaux represented the seller, Holualoa Companies of Tucson, Ariz. “Stapleton
Denver Stapleton Plaza Office Center Sells for $12.5M, Renovations Planned Read More »
Denver-based development and property management company LCP Development has secured $25 million in financing for 777 and 757 Grant Street in Denver. 777 Grant Street is a vintage office building that will be renovated and repositioned while 757 Grant Street is a Class A, ground-up multifamily development. JLL worked on behalf of LCP Development, to secure
Denver Developer Receives Financing for Two Projects in Capitol Hill Read More »
San-Fransisco-based Prologis, Inc., the largest industrial real estate company in the world, and Liberty Property Trust, an investment trust that invests in office buildings and industrial properties, have entered into a definitive merger agreement by which Prologis will acquire Liberty in an all-stock transaction, valued at approximately $12.6 billion, including the assumption of debt. “Liberty’s logistics assets are
Prologis to Acquire Liberty Property Trust for $12.6B Read More »
Bascom Northwest Ventures, LLC has acquired 1000 South Broadway Apartments (“1000 South Broadway”), a 260-unit Class-A infill apartment community at 1000 South Broadway in Denver, for $90.5 million acquisition ($348,076/unit). Terry Daly of Cushman & Wakefield arranged the $54.50 million loan with Wells Fargo Bank. The property management team will be Avenue 5 Residential. The property was purchased with investment
South Broadway Apartments Sell for $90.5M Read More »
According to the Denver Post, Brooklyn-based Gotham Greens is set to open a state-of-the-art 30,000-square-foot greenhouse facility, to be built directly behind Stanley Marketplace at 2501 Dallas St. in Denver. The greenhouse will produce the equivalent of more than 25 acres of conventional farming, serving the entire state. Inspired by the growing local and artisanal food movement,
Commercial Greenhouse Under Construction Behind Stanley Marketplace Read More »
Ware Malcomb Promotes Rob Kiester to Studio Manager, Architecture Ware Malcomb, an award-winning international design firm, announced that Rob Kiester has been promoted to studio manager, Architecture in the Denver office. In this position, Kiester helps lead and manage the architecture studio and manages select projects. Kiester joined Ware Malcomb in 2016 as a project
Movers and Shakers Week Ending 10.25.19 Read More »
Summit Marketplace, a 14,339-square-foot retail property located at 385 Crossing Drive in Lafayette, has sold for $4,500,000. Cory Gross and Jake Shirek, investment specialists in Marcus & Millichap‘s Denver office, had the exclusive listing to market the property on behalf of the seller: Harvey Sender, receiver for Gary Dragul Receivership Estate. The property is shadow-anchored by
In-demand Retail Property in Lafayette Sells for $4.5M Read More »
