DENVER-Trammell Crow Co. senior managing director Stephen Moyski can't pass up a chance to oversee Cherokee Investment Partners' high-density transit-oriented mixed-use development less than three miles from Downtown.
DENVER-Rather than protesting an "oversized" 22-unit multifamily rental project, neighbors in Curtis Park have become developers, buying land to build a four-unit townhouse project on the site.
DENVER-The media mogul plans to open five Ted's Montana Grills in the area, most likely Aspen Grove shopping center in suburban Littleton and Larimer Square Downtown. Other test markets are Columbus, OH and his hometown of Atlanta.
ARVADA, CO-Construction of 937 single-family, multifamily and loft residential projects is expected to spur further commercial development in an area behind the Interlocken Business Center, which could use a jump-start.
DENVER-Fuller and Co. estimates retail sales grew by 4.6% last year compared to the record increase of 12.5% in 2000. Meanwhile, the retail vacancy rate of 7% is better than other metropolitan areas, the commercial real estate firm notes.
DENVER-"It is my view that today rents and resulting capital values will continue trading downward until there is evidence of new demand for space," Bill Pauls tells the local chapter of the National Association of Office and Industrial Properties, which gave him the 2001 President's award.
DENVER-Rental rates have dropped by 25% to 40% and up to 12 months of free rent on a five-year lease are not uncommon in the lease deals that are being signed in the northwest corridor along US 36.
DENVER-The state's casino industry is less affected by the drop in travel after Sept. 11 as most of the gamblers come from Colorado. Black Hawk's 21 casinos account for nearly 60% of the $58.1 million in gross proceeds.
LAKEWOOD, CO-Not only does May Department Stores senior vice president Duane R. Vaughan object to the city's condemnation of the chain's Foley's department store, he is irked by Continuum Partners' proposed $385,000 a year rent increase.
DENVER-The high-tech software arm of Houston-based Halliburton chooses 58,704 sf in Highlands Ranch, along the southwest corridor, after looking at nearly 70 locations in the northwest corridor, Downtown and the Tech Center submarkets.