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Denver Sets New Records Spanning Investment Sales Volume, Lease Rates and Absorption

Leave a Comment / Brokerage, Construction, Development, Industrial, Office, Retail /

DENVER – CBRE just released its Q4 2018 reports analyzing the year-end performance of metro Denver’s office, industrial and retail real estate sectors. Investment sales volumes soared for both the office and industrial sectors, while the office and retail sectors each recorded all-time high lease rates at the end of the year. Net absorption was strong across the board

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Construction Costs Increase as Markets Remain Active

Leave a Comment / Construction, Development /

DENVER — Turner Construction Company’s Fourth Quarter 2018 Turner Building Cost Index—which measures costs in the non-residential building construction market in the United States—has increased to a value of 1120. This represents a 1.36 percent quarterly increase and 5.86 percent yearly increase from the Third Quarter 2018 and Fourth Quarter 2017, respectively. “For the Fourth Quarter,

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transactions

Transactions Report Week Ending 01.11.19

Leave a Comment / Transactions /

SouthGlenn Place Apartments Acquired for $14.7M Greystone, a leading commercial real estate lending, investment, and advisory company, has provided a $14.796 million Freddie Mac loan for the acquisition of SouthGlenn Place, a multifamily property located in Littleton. The financing was originated by Ana Ramos of Greystone’s Los Angeles office, while both the seller and buyer

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Movers and Shakers

Movers and Shakers Week Ending 01.11.19

Leave a Comment / Movers and Shakers /

Brinkman Promotes Pete Levine to Real Estate Acquisitions and Development Manager Brinkman, a Colorado-based development and investment company, has promoted Pete Levine to real estate acquisitions and development manager. Originally from the Boston area, Pete received his degree in Finance from Boston University. He worked as a real estate agent in the Boston residential rental market

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WeWork Anchored Office Development Announced for RiNo

Leave a Comment / Architecture, Construction, Development, Office, Retail /

Revolution 360 LLC — a joint venture composed of general partner Ed Haselden, who is chairman of the board at Haselden Construction; Keystone Equities; Rob Cohen; Tributary Real Estate and Avenue Property Group — has announced plans to build a five-story office and retail development that will break ground in the second quarter of 2019 at

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Becknell Industrial Completes Second Land Acquisition at Nexus at DIA

Leave a Comment / Brokerage, Development, Industrial /

DENVER – Schuck Communities & CH Thompson Company have sold 39.81 acres of industrial land within Nexus at DIA, a master-planned business park, located at 84th Avenue and Quintero Street in Commerce City. Becknell Industrial, specialists in the development, investment and management of industrial properties across the U.S., purchased the land for an undisclosed amount. “We

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Stapleton Hotel Completes $12.8M Renovation

Leave a Comment / Design, Hospitality, Renovation /

DENVER – Holiday Inn Denver East – Stapleton announced today the completion of a $12.8 million renovation project that began in March 2017. The entire hotel was renovated including 298 guestrooms; 20,000 square feet of meeting space; 3,210 square feet of public spaces; and the hotel’s restaurant, Burgers & Crafts, which officially re-opened in November. “After

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KTGY Principal Bill Ramsey to Spearhead Expansion of the Firm’s For-Sale Residential Practice

Leave a Comment / Architecture, CRE People /

DENVER – KTGY Architecture + Planning Principal Bill Ramsey, AIA, NCARB, is leading an expansion of KTGY’s for-sale residential practice. Based in the firm’s Denver office, Ramsey will manage an architecture and planning team dedicated to expanding design services for new for-sale residential developments in Colorado and the surrounding states. “Bill Ramsey is adding to the

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Class Valuation Establishes R&D Center in Downtown Denver

Leave a Comment / Investment, Office /

DENVER — Class Valuation, one of the largest nationwide providers of real estate asset valuation and appraisal management solutions to the residential mortgage industry, has opened a new research and development center in Denver, to serve as the center for new innovation and technology that will support the real estate valuation process. The new office

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