THORNTON, CO-Baron Properties' purchase of the multifamily rental complex--at $104,948 per unit and $107.58 per sf--is the highest price paid in the market this year.
LOUISVILLE, CO-A view of the mountains is among the lures for the data storage company from Boulder. The lease puts a dent into a high northwest corridor vacancy rate.
DENVER-Hendricks & Partners predicts employment growth to be 0.9% this year, while the population increases 1.5%. That will translate into double-digit vacancy rates in the multifamily rental market, the firm forecasts.
COLORADO SPRINGS, CO-The latest PULSE Colorado Multi-Housing Market report by Grubb's Colorado Multi-Housing Properties Team pegs the vacancy rate here at 8.9%, still a far cry from the nearly 20% level more than a decade ago.
DENVER-A team formed by Simpson Housing Solutions LLC and the Alliance Property Group Inc. competes against former Denver Bronco Claudie Minor for the right to build a $150-million-plus mixed-use Denver Housing Authority housing project.
DENVER-Looking for a way to break through obstacles that have stymied developer Bruce Berger, the hotel chain tells the city it is willing to build its own $220-million, 1,100-room hotel at the convention center on its own.
DENVER-The submarket was buried with a 60% office vacancy rate just a few months ago, but that has eased by 10 percentage points with additional evidence of improvement in lease deals.
DENVER-The county wants $5 million in state lottery money to buy up the development rights to 150 square miles of land east of Denver International Airport, keeping it off limits to developers.
DENVER-Bruce Berger needs a fourth extension on his plan to build a Hyatt Regency on his site at 14th and California streets, across from the Colorado Convention Center. He has run into additional competition and difficulty obtaining financing.
DENVER-The 15-story, 108,000-sf building, which the city bought for $15 million last year, is scheduled for demolition April 7. Until then, the building is used to train firefighters on battling high-rises blazes.