Denver
Colorado Office Center Finds New Owner
The Church Ranch Office Center in the Denver submarket of Westminster was purchased by a private equity firm. HFF marketed the property on behalf of a special servicer.
Blackstone Sells Office Portfolio for $101M
JLL’s Capital Markets team advised the company in the transaction, which included three downtown Boulder, Colo., buildings totaling more than 216,000 square feet.
ULI Announces New Global Chairman
Toomey has been a longtime ULI member, trustee and Foundation governor and will serve a two-year term ending in 2019.
Friedman, Forest City Sign Retail Lease at Central Park Station
Sprouts Farmer’s Market is set to open in the fall of 2018. The mammoth transit-oriented development will also include office space, a multifamily community, mixed-income condominiums and 60,000 square feet of retail space.
JCR Capital Expands Denver Team
The company added Mark Fallon as director of business development. He brings more than 30 years of experience in business development and client acquisition.
Denver Office Building Trades for $37M
Amstar purchased a seven-story, 131,000-square-foot property in the Cherry Creek submarket of Denver. The company is planning to invest nearly $2 million in various upgrades.
Office Evolution Completes Fort Collins Business Center
The 13,000-square-foot space comprises two floors and offers on-demand office space that includes co-working space, 38 private furnished offices and conference rooms.
Olympic Metals Breaks Ground on $8M Mixed-Use Asset
The company is relocating its headquarters from Commerce City, Colo. to Centennial, Colo. The new 62,000-square-foot facility will be located near Denver Tech Center.
South Denver Office Campus Lands $66M Refi
JLL’s Capital Markets negotiated a $66 million loan for the refinancing of a 413,518-square-foot asset in Greenwood Village, Colo. The 10-year term loan features a 4.6 percent fixed interest rate and has a 30-year amortization schedule.
W Hotels to Open First US Alpine Resort
Sky Hotel will be transformed into W Aspen, an 88-key property featuring six suites and 11 branded residences. The redevelopment marks the brand’s first alpine destination resort.