Two developers with large-scale projects under their belts have come together to combine their varying skill sets that include retail, senior living and industrial space.
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Development firms cement merger
Government office sells to REIT for $20M
A Lakewood property in use by the U.S. Department of Energy was scooped up by a D.C.-based REIT that leases out nearly 2 million square feet to federal government agencies.
Developer kicks off $60M RiNo project
Following in the footsteps of the Taxi development in RiNo, a Phoenix-based firm has broken ground on a $60 million 270-unit apartment project in the neighborhood.
Housing nonprofit revamping vacant office
A Lakewood housing authority is overhauling an empty office building and starting new construction that will bring nearly 160 apartments to Alameda Avenue, with most reserved for low-income tenants.
Vonage buys out local company for $25M
The national internet phone company sealed the deal to buy a local VoIP provider for more than $25 million in cash and stocks as it transitions into a focus on business clients.
Car wash kicks expansion into high gear
A car wash chain is making its entrance into the city and plans to ramp up expansion of its quick-service brand.
Belmar booms with 400 upcoming residences
The 10-year old Belmar project is set for a residential development trifecta: a $45 million apartment complex, a senior living community and a for-sale townhome project. And the area’s first hotel on the horizon.
New owner upgrades Congress Park apartments
After buying an apartment tower for more than $7 million last year, a real estate firm is overhauling its 50 units – the first major upgrades in the 50-year-old building’s history.
Vail to buy Australia’s biggest ski resort
The ski resort giant is making a $136 million buy into the Australian market with the purchase of Perisher – the country’s most popular ski destination.
Diner demolished to make way for grocer
A former Gunther Toody’s was razed last week as the site is converted into a Natural Grocers.