Denver
Waveland JV Plans $160M M-U for Suburban Denver
Waveland Ventures, along with partners Jackson Street Holdings and Arrival Partners, has a mixed-use plan in the works for the active Fitzsimons neighborhood in Aurora, Colo.
Picerne Constructing 248-Unit Apartment Project for Hungry Denver Market
The Picerne Group is working hard to answer the increasingly loud cry for apartments in Denver with the construction of a luxury apartment property in the thriving Denver Tech Center area.
Mountain Real Estate Capital Invests Over $100 Million in Oakwood Homes Partnership
Mountain Real Estate Capital, a Charlotte, N.C.-based residential real estate investment firm, recently announced it has entered into a strategic partnership with Colorado-based Oakwood Homes. Continue reading →
Newalta Corp. Leases Office Space at 1801 California Street; Corporate Center at InterQuest Falls into Foreclosure
Canada-based industrial services company, Newalta Corp., has leased a floor in the 1801 California Street high-rise in downtown Denver, The Denver Business Journal reports. The company is set to open its first Colorado office in the building which previously was the home of Qwest Communications International and now includes offices of CenturyLink Inc., which acquired Qwest. Continue reading →
Wewatta & Wynkoop Refinance Two Denver Office Buildings for $74M
Wewatta & Wynkoop, a GE Asset Management and Crestone Partners managed entity, has secured a $74 million loan to refinance 1400 Wewatta and 1401 Wynkoop, two Class A contiguous office buildings totaling approximately 300,000 square feet in downtown Denver.
Johns Manville Renews Lease with Crescent Real Estate to Keep World Headquarters in Downtown Denver
Johns Manville has renewed is lease and remains the anchor tenant and namesake for Johns Manville Plaza in Downtown Denver. Crescent Real Estate Holdings LLC recently announced the deal for 118,865 square feet which keeps Johns Manville’s world headquarters in Downtown Denver for at least another 12 years.
Weingarten Realty Sells Two Shopping Centers in Colorado Springs for $31.5M
Two shopping centers in Colorado Springs have been sold by Houston-based Weingarten Realty for $31.5 million.
Denver Union Station Redevelopment Team Expands with Addition of McWhinney
The redevelopment plan calls for the refurbishing of the Denver Union Station’s upper floors. The companies involved will convert the property into a new 112-key hospitality facility. The finished product would also include a ground floor retail component totaling around 22,000 square feet, Regional Transportation District’s commuter rail to Denver International Airport and an Amtrak station.
Loews Denver Hotel Sold, Set for Renovation and Rebranding This March
Recent reports indicate that the Loews Denver Hotel was recently sold. The hospitality property is set to carry on under its current name until the end of next month, when it will be closed down temporarily and undergo extensive renovations and rebranding executed by the new owner. Although details regarding the transaction have not been disclosed to the press, industry specialists place the transaction total anywhere around $20 million, and speculations peg Hyatt as the new owner.
NGKF Parent Buys Partner Firms in Philly, Denver
BGC Partners, the parent entity of Newmark Grubb Knight Frank, has acquired two prominent regional CRE firms, one in Philadelphia and one in Denver.