The Lakewood Reinvestment Authority, which spent $6 million to rid the city of the Blue Sky and Chalet, expects to solicit proposals from developers later this year.
Lakewood demolishes two motels that were magnet for crime
Matt Geiger
Matt Geiger covers commercial real estate and development for BusinessDen. He joined the newsroom in October 2023 after interning in the summer of 2022. He is a graduate of Ohio University.
The Pipeline: Commercial real estate deals for 3.29.24
A DTC hotel fetches $12M, and other local sales and leases.
‘The market is moving, just slower than we want’: Quantifying 2023’s drop in deals
Last year saw only $894 million in Denver-area office building sales, down from $2+ billion in years prior.
Colorado’s cooling marijuana industry leaves many smaller industrial buildings vacant
Cannabis cultivation facilities usually consist of tiny, partitioned rooms. That has made it tough to attract new tenants or buyers.
The Pipeline: Commercial real estate deals for 3.22.24
Denver industrial property fetches $73M, Lowry apartment complex sells for $51M and other sales and leases.
Esquire Theatre to close in July as property owners plan redevelopment
Tim Finholm and Sam Leger plan to expand the building and turn it into office and retail/restaurant space.
UCHealth pays $3M for building near Cherry Creek Medical Center
It’s the system’s third real estate purchase in the 100 block of Madison since 2018.
Window cleaning 2.0? New firm showcases drone at old air traffic control tower
“Our sweet spot is buildings between three and 20 stories,” said the owner of Drone Wash. “We’re not really looking to do the skyscrapers downtown.”
The Pipeline: Commercial real estate deals for 3.15.24
Two suburban apartment complexes get new owners for $74 million and $68 million, and other sales and leases.
Activist investor wants late billionaire’s fund to sell downtown tower
The building, last sold for $170 million in 2017, houses the Denver offices of JLL and CBRE.
