Market Real Estate Launches as Boulder’s Newest Commercial Brokerage Firm
BOULDER — Market Real Estate, a new commercial brokerage, has launched in Boulder under the helm of managing broker Todd Walsh, CCIM. The Market team includes Broker Associates Heidi Schamber, Laura Munch, Rachel Rohrig, and Turner Miller. The firm specializes in the leasing and sales of commercial properties in and around Boulder County, …
150-Unit Apartment Community to be Built Near DIA
DENVER – Boulder-based developer, SEEC Enterprises will begin construction of the Brick Stone Apartments On 56th Ave, a 150-unit apartment community located south of East 56th Avenue between Pena Boulevard and Tower Road in the Denver International Airport corridor. The multifamily development project is expected to break ground August 2018. Led by CBRE’s Zac …
Denver Hotel Market to Reach Near Record Occupancy in 2018
DENVER – Hotel supply and demand growth in Denver is expected to double the national average in 2018. Supply is forecasted to increase 4.6 percent this year, compared to 2.0 nationally, that’s according to CBRE Hotels’ Americas Research (CBRE) that provides capital markets, consulting, investment sales, research and valuation services to companies in the …
NKF Acquires Integra Realty Resources Offices in Denver
DENVER — Newmark Group, Inc. (NASDAQ: NMRK) has acquired the Denver and Pasadena offices of Integra Realty Resources (IRR) — the largest independent commercial real estate valuation, counseling, and advisory services firm in the United States — as part of a strategic move to develop its Valuation & Advisory (V&A) practice. NKF also …
Three-tenant Retail Building in Westminster Sells for $3.3M
WESTMINSTER — A new construction, freestanding, multi-tenant retail building at 13591 Huron Street in Westminster has sold for $3,250,000, representing $603 per square foot. The three-tenant building includes Dunkin’ Donuts with a drive-thru, Bank of America ATM and Huron Liquor. The property closed at a 5.9 percent cap rate, one …
Growing Tech Firm FullContact Moving HQ into WeWork Tabor Center Co-Working Space
DENVER – Denver-based tech firm FullContact will relocate its headquarters to 1200 17th Street in downtown Denver. As the firm grows from 90 Denver-based employees to a projected 175 over the next four years, they will occupy close to a full floor in the WeWork Tabor Center location, beginning November 2018. “FullContact initially launched …
CBRE Q2 Reports on Denver Office, Industrial and Retail
DENVER — CBRE just released its Q2 reports on Denver’s Office, Industrial and Retail sectors. All three markets demonstrated continued growth during the second quarter of the year. “Overall Denver’s commercial real estate markets continue to show strength in the second quarter of the year. Nearly 10 million square feet …
Class A MOB in Grand Junction Sells for $31.5M
GRAND JUNCTION, CO — Griffin-American Healthcare REIT IV, Inc. has acquired a Class A medical office building in Grand Junction for $31.5 million. Built in 2013, the approximately 83,000-square-foot Grand Junction Medical Office Building was 100 percent leased at the time of acquisition to multiple tenants, including Colorado West Healthcare System and …
For Sale Inventory, Days on Market Increases in June
DENVER — According to a report by the Denver Metro Association of Realtors (DMAR), June saw increases in inventory, days on market and months of inventory. “Over the past few years, the fireworks from our housing market were visible from almost every street corner,” said Steve Danyliw, chairman of the …
Denver’s Baceline Investments Adds 4 Properties to Portfolio
DENVER — Baceline Investments, LLC, a Denver-based boutique private equity real estate investment and management company with neighborhood shopping center holdings throughout the Central United States, recently added four properties to its portfolio. The shopping centers include Capitol Drive in Brookfield, Wis.; North Town Center in Fort Worth, Texas; Edge O Lake Shoppes in …