Steele Creek sells for $141.5 million

BMC Investments sold the 12-story, 218-unit property at a price topping $649,000 per unit.
 

Front Range focus of CREJ conference

 

Buyer branches out with Colorado Springs acquisition

Green Leaf Partners paid $59.25 million, or $227,884 per unit, for the Encore at Rockrimmon, renamed Green Leaf Rockrimmon.
 

MEP Engineering promotes Mardi Jones

Mardi Jones was promoted to the position of senior electrical engineer at MEP Engineering.
 

What to know about the upcoming R22 phase out

R22 refrigerant is being phased out and property managers and building owners are likely going to be caught off guard. The problem – good for the environment, bad for operating expense budgets
 

Denver’s Safe Occupancy Program Protects All

In December, in an Oakland warehouse called the Ghost Ship, a fire broke out during a live show. The fire spread quickly; 36 people in the warehouse were killed. The interior had
 
Construction, Design & Engineering Architect Anderson champion of historic buildings, sustainability Architect John David “Andy” Anderson had a message for Arnold Schwarzenegger. “We are
 
Boulder County & U.S. 36 Corridor CBRE Research: Retail sales up; industrial absorption continues Retail development remained strong in the third quarter, with over
 

Office market enjoys relocation and expansion flurry

Denver Metro Market Office market enjoys relocation and expansion flurry Relocation and expansion activity is occurring regularly within the Denver metro region, with 20
 

Thornton apartment community trades

Comp of the Day Thornton apartment community trades Adams County Property Location: 8849- 8929 Pearl St., Thornton, “Skyline Apartments” Property Description: 464-unit, three-story
 
Property Location: Southwest corner (realigned) Huron Street & County Road 4, lying one-quarter mile west of Interstate 25 and approximately one-eighth mile north of Baseline Road
 
Property Location: 3955 S. Mariposa St., Englewood
 
Property Location: 2901 W. 63rd Ave., Denver “Pioneer Village”
 
Property Location: 2200-2220 California St., Denver
 

Spec building kicks off Encompass Business Park

Denver-based Central Development LLC will develop a 150,000-square-foot speculative industrial building as part of a new Class A business park in Centennial.
 

The hospital campus redefined

Continuum of care, retailization, flexibility: Buzzwords bringing change and redefining the hospital campus of today.
 

Infill development: Challenges, opportunities

EDITOR’S NOTE: In the first part of this article, we looked at the challenges of below-grade construction, what to look for when your property is surrounded by existing structures and how
 
SteelWave has entered a joint venture with the owner of an uptown office asset that is a prime candidate for repositioning.
 

Colorado Springs poised for growth

As the momentum of economic
 

Elan sale a record breaker

It was a blockbuster deal.
American Realty Advisors last month paid $154.3 million for the 314-unit, Elan Union Station, according to public records.
 
More specifically, industrial-flex projects and warehouse projects both
 

Real Estate Developer Michael Rasser

 
Veteran real estate developer: Metro Denver is not facing a commercial real estate bubble
 
From tightening vacancy and increasing rates, to record pricing
 
Ed Boxer
Principal, Essex Financial Group LLC, DenverAs
 
An apartment community near the University of Colorado campus in Boulder will get considerably bigger without changing its footprint.
 
Colorado’s broad appeal
 

RTD A Line: Corridor of Opportunity

 

Trammell Crow to develop coveted site

Trammell Crow Co. and Clarion Partners would be hard-pressed to find a better site on Platte Street for their new 210,732-square-foot speculative office building, Riverview at 1700 Platte.
 

Clayton Lane lands 1st class developer

San Diego-based OliverMcMillan made a big splash when it recently paid almost $170 million for Clayton Lane, the western gateway to Cherry Creek.
 
Commerce City’s Urban Renewal Authority and City Council concluded 20 months of negotiations Monday night, approving a master development agreement with REGen LLC for the former Mile High Greyhound Park site.
 

Creating value for multiple stakeholders

Developer Partnerships
We are keenly focused on the remaining land we have at our base areas. Instead of developing these prime parcels of land ourselves, we’re looking for third parties
 
An owner (or buyer) of real estate
 

April monthly economic indicators

The Metro Denver Economic Development Corp. recently released its April Monthly Economic Indicators report.
 
While Denver’s economy – and rental rates for office space – remain strong, the office market saw negative absorption in the first quarter of the year, largely due to sublease space
 

Arsenault: another recession could hit in 2019

Marcel Arsenault, like the investors in the popular “Big Short” movie based on the book of the same name by Michael Lewis, correctly predicted the housing collapse and Great Recession, and
 

C-470 office/flex park hits ground running

An office/flex park on the C-470 corridor in Littleton recently landed an anchor tenant and is rolling out additional speculative buildings.
 

Self-storage vacancies drop, rents climb

Vacancies in self-storage properties in the Denver metro area and nationally will continue to decrease and rents will climb, according to Marcus & Millichap’s recently released 2016 Self-Storage Investment Forecast.
 

HFF team arranges $30.5 million in financing

Josh Simon and Kristian Lichtenfels of the Denver office of Holliday Fenoglio Fowler recently secured a $30.5 million construction loan for a 216-unit apartment community in Broomfield.