DENVER-In 1999-2000, 32 net leased properties valued at more than $500,000 were sold while in just the first quarter of 2001 alone there have been half as many such sales.
DENVER-Six developers interested in teaming up with the city to develop and manage Winter Park braved a fierce rainstorm to get their first official tour of the city-owned ski resort.
DENVER-In the largest office sale so far this year, Beacon Capital Partners Inc. paid $81.575 million for the Park Central office complex Downtown. Lowe Enterprises made a 160% return in six years.
DENVER-The number of permits fell 31% through May 2001 compared to the same period last year. Building activity is expected to continue falling through 2002, but by 2003 there may be a shortage of apartments says broker Steve Rahe.
DENVER-The number of permits fell 31% through May 2001 compared to the same period last year. Building activity is expected to continue falling through 2002, but by 2003 there may be a shortage of apartments says broker Steve Rahe.
DENVER-Charlie Davis is the new vice president and managing director of G&E's office here. Before his stint at Trammel Crow, he spent three years as asset manager for Beta West Properties.
DENVER-Locally based United Artists Theatre Co., one of the nation's largest owners of movie theaters, posted lower revenues in the second quarter and first half of the year, compared with a year ago.
AURORA, CO-The US Commerce Department's Economic Development Administration provides a $720,000 grant to the city to help the Sand Creek Parkway provide better access to a potential $4.2-billion redevelopment.
DENVER-Options include putting the $220-million, 1,100-room Hyatt Hotel on the November ballot, an unprecedented "unwinding" of bond financing or delaying construction at a cost of up to $1 million a month.
VAIL, CO-LaFarge Corp. subsidiary Western Mobile Inc. buys Rocky Mountain Redi-Mix LLC; Roaring Fork Sand & Gravel Inc.; Roaring Fork Aggregates Inc.; and Roaring Forks Resources Inc., assuring area demand is met.