An East Colfax motel fetches $3M, foundation planning school pays $4M for Five Points buildings and Regis University expands a Thornton office lease.
The Pipeline: Commercial real estate deals for 6.23.23
Thomas Gounley
Thomas covers commercial real estate and development. He is a graduate of the University of New Hampshire and previously worked as a business reporter at the Springfield News-Leader. Email him at [email protected].
State seeks receivership as insurer Friday Health says it will lay off workforce by July
The Denver-based firm previously said current customers would be able to remain on their plan until it expired.
Oklahoma restaurateur takes first floor of new Cherry Creek office building
What should first-time Broadway 10 diners get? “You’re going to get a volcano roll and you’re going to get a strip kissed off the grill with pecan, oak and hickory.”
Golub, Formativ look to sell ex-World Trade Center development site in RiNo
A sale would bring an anticlimactic end to a planned development that has been publicly discussed since at least early 2016.
The Pipeline: Commercial real estate deals for 6.16.23
Deals of note: ERI Group, a medical device manufacturer, leased 34,200 industrial square feet at Mountain Gateway at 5025 and 5045 Robb St. in Arvada. The 142,200-square-foot project built in 2020 is now fully leased. Tyler Carner, Jeremy Ballenger and Jeremy Kroner of CBRE represented the project’s developer, Cale Enterprises. Pelsue leased 93,229 square feet… Read more »
Mortenson breaks ground on four-story RiNo office building
The Minneapolis-based developer and general contractor will move its Denver office to the structure, taking the majority of space.
Biotech entrepreneur pays $5M for vacant DTC office building
That works out to just $30.50 a square foot. “I’m sitting on the most cost-effective lab space in Colorado,” said Afshin Safavi.
Koelbel says Aurora office building for defense contractors will be first of its kind
The Denver development firm wants to apply the Catalyst mindset to a new sector, while taking care of a security headache for tenants.
Signs come down as Ken Wolf, RiNo landlord Edens resolve disputes
The owner of Denver Central Market was most concerned with access to the building’s rooftop mechanical systems.
Denver to double overnight parking sites for homeless with $600K extension
The city has paid a nonprofit about $780 a month per space to manage the nascent program.
