Hines Secures Key Tenant for Top Floor of 1144 Fifteenth Street
DENVER — Hines, a privately owned global real estate investment firm, recently secured a key tenant for the top floor of 1144 Fifteenth, the largest speculative office building built in downtown Denver in more than 30 years. Unicom Capital LLC, a privately held investment management firm, signed a long-term lease for 20,036 …
Transactions Report Week of 11.07.17
Marcus & Millichap Arranges Sales of Gallery Flats in Northern Colorado Marcus & Millichap announced the sale of the Gallery Flats, a 66-unit apartment building in Loveland, for $11,150,000. Gallery Flats is located at 585 North Lincoln Avenue in Loveland. “Gallery Flats is a great asset. The construction quality and floorplans …
MOB: A Valuable Commodity
By Katie Rapone Healthcare providers are facing increasing pressure to reduce costs in the face of uncertain reimbursement rates from Medicare, Medicaid and private insurance companies, and to improve patient outcomes. According to a CBRE Research report, one way in which healthcare providers are attempting to reduce costs, is by relocating services …
Union Station Neighborhood Eagerly Awaits Grand Opening of Whole Foods Market
View here Whole Foods Market will open its highly anticipated location near Union Station next week, on Nov. 15. The 60,000-square-foot grocery store will anchor Union Denver, a 580-unit luxury apartment community that covers an entire 2-acre city block bounded by Chestnut Place and 17th, 18th and Wewatta streets, developed by Holland …
Green Roof Ordinance Approval Odds Look Strong
View here As of 2 a.m. this morning, The Denver Green Roof Initiative’s approval odds look good. Yes votes for the Initiated Ordinance 300, led by Brandon Rietheimer, lead by more than four percentage points, 52.2 percent to 47.8 percent. Image of FLIGHT green roof install, courtesy of Zeppelin Development.
Denver Suburbs Vote for Cap on Development Growth
View here During last night’s election, residents voted for limitations to be placed on the development growth in Denver’s suburbs. In Lakewood, the results of a key city council race appeared to hand slow-growth activists a one-vote majority on the council moving forward and in Greenwood Village, candidates who continue to rally against …
Topping Out: Collegiate Peaks Bank, RiNo
DENVER — The ever changing skyline of the vibrant and eclectic River North district is about to glow with an exciting new structure. Located on Brighton Boulevard near 38th Street, the new home of Collegiate Peaks Bank can now be seen rising two and one half stories above the street level. White …
Official Groundbreaking: National Western Center Project
DENVER — Mayor Michael B. Hancock and partners Colorado State University and Western Stock Show Association broke ground Friday, on phases 1 and 2 of the National Western Center. The ceremony marked the two year anniversary of Denver voter approved Ballot Measure 2C, which provides funding for the future National …
Transactions Report Week of 10.30.17
Pinnacle Announces the Sale of 2626 E. Colfax Avenue Pinnacle Real Estate Advisors, LLC announced the sale of 2626 East Colfax Avenue in Denver. The 2,329 square foot vacant building sold for $745,000 or $320 per square foot. Principals Robert Edwards and Tom Ethington represented the seller in the transaction. “This is …
East Colfax Businesses Vote on Tax Increase for Improvements
View here A proposed 40 percent Business Improvement District tax rate hike aimed at carrying out the district’s improvement plan, could soon be in store for businesses between East 16th and East 14th avenues and from Grant Street to Josephine Street. The tax increase would authorize the Colfax Business Improvement District to …