LOUISVILLE, CO-Income Property Specialists now owns the entire Colony Square project, having acquired the first phase in May. The second phase is 93% leased. Tenants include Panera Bread Cafi and All About Fitness.
PUEBLO, CO-The first and only luxury apartment community in this largely blue-collar community sells for $7.495 million, or $77,268 per unit, to Pueblo Group LLC. The Preserve at Belmont was built in 2000.
LITTLETON, CO-The 300,000-sf Aspen Grove Lifestyle Center, scheduled to open this fall, will seek employees through a newsletter aimed at Arapahoe Community College, the City of Littleton and area high schools.
DENVER-The average price of a condominium in this market still is about $4,000 more than it was a year ago, according to reports from two brokerage firms. However, price appreciation appears to be slowing.
DENVER-The assistance package given to airlines might have a trickle-down effect for retailers at Denver International Airport, also suffering as a result of a drop-off in air traffic following the Sept. 11 terrorist attacks.
DENVER-Eight of 20 units in a $6.2-million condominium project at Speer Boulevard and West 29th Avenue in the Highland neighborhood have been sold. Low interest rates should help sell the rest, the developer's listing agent says.
DENVER-The city's director of community planning and development, Jennifer T. Moulton, is honored for her role in such projects as redeveloping Stapleton International Airport and planning the Civic Center office building.
DENVER-Five major conventions are expected to draw more than 32,000 people and inject $45 million into the local economy despite travel fears in the wake of the Sept. 11 terrorist attacks.
DENVER-Philip F. Anschutz's investment group will pay 90 cents on the dollar immediately to Edwards Theatres creditors, or 100% if they're willing to wait seven years. The Edwards family gets $5 million plus stock.
COLORADO SPRINGS, CO-A King Soopers attracts the Jacksonville, FL-based REIT to the 127,267-sf retail center here. Regency Centers likes grocery-anchored neighborhood retail centers in growth markets, including Denver.