DENVER-The Lockheed Martin Deer Creek headquarters, being marketed for $60 million, has not made Boeing's cut of sites in the feverish competition among Denver, Dallas and Chicago. It's too big, says one of the listing brokers.
DENVER-Mayor Wellington Webb is going against his own task force, created to weigh the fate of the city's Winter Park ski resort. Many task force members are crying "sell," but the mayor instead is seeking a joint venture operating partner.
DENVER-The southeast corridor is the city's hardest hit submarket, with a 9.24% vacancy rate. Add in sublease space and soon-to-be-vacated spots and it will hit 12.3%. But, say brokers, it won't be a return to the mid-1980s.
DENVER-The southeast corridor is the city's hardest hit submarket, with a 9.24% vacancy rate. Add in sublease space and soon-to-be-vacated spots and it will hit 12.3%. But, say brokers, it won't be a return to the mid-1980s.
GLENDALE, CO-The Houston-based Hanover Co. is laying out its first Colorado project. A 286-unit complex, which will cost upward of $50 million, is ticketed for the small town of Glendale, situated southeast of Denver.
LAKEWOOD, CO-Sometime next week, dirt will be flying on a 1.2-million sf project of Arlington, VA-based Mills Corp. and Denver's Stevinson family. The family, which developed Denver West, has been eyeing a retail project on the land for 30 years.
DENVER-The Reis Co. concludes that Denver is a melting pot for opportunities and risks. Apartment vacancy has dipped even though construction's up. And the city's retail sector has outpaced significantly larger markets, says the trend watcher.
DENVER-The Reis Co. concludes that Denver is a melting pot for opportunities and risks. Apartment vacancy has dipped even though construction's up. And the city's retail sector has outpaced significantly larger markets, says the trend watcher.
DENVER-Five property owners will be getting requests for proposals from a city task force. The properties are being eyed for a $300-million justice center. Getting the land is just part of the battle. Voters must also decide on a tax increase.
BLACK HAWK, CO-The stakes have changed in a buyout bid for Black Hawk Gaming and Development Co. Former Boulder mayor Bob Greenlee is offering $12 per share, up $1 from a now-dead proposal by the casino operator's CEO.