DENVER-Cherry Creek shopping center is looking to fill 24,000 sf that's been vacated by Rainforest Cafe. Everything had to go, including the fish and birds, to make way for the restaurateur's refocus on tourist-heavy markets.
GOLDEN, CO-The city's West Side is bustling, with 1.4 million sf under construction. Another 100,000 sf get under way in the spring when Opus Northwest breaks ground on a spec project.
DENVER-SafeRent's reputation as for online credit and risk management has landed the Denver-based firm a lucrative contract with Memphis-based Mid-America Apartment Communities. Now, says a Mid-America CEO, the pressure's off property managers.
DENVER-The writing had been on the wall for the under-performing J.C. Penney stores in two Denver-area malls. One store had closed; the other had the telling signs. Shoppers still have four J.C. Penney locations available.
DENVER-Triple-A rating undoubtedly helped line up the buyers for a $186.5-million bond sale that will fund the Colorado Convention Center project. Three hours is all it took, much to the pleasure of city officials and the investment houses.
AURORA, CO-The sale of the former Jefferson at Meadow Hills dispels any notion that Aurora can't command high asking prices. General Investment, making its first buy in the region, has just put up nearly $39.8 million for the 342-unit complex.
DENVER-First Industrial Realty Trust has snagged a couple of good buys, paying replacement cost or less for Commerce Square and Parkway Point. The aggregate 234,683 sf brings $16.7 million for the seller.
DENVER-Colorado will experience a slight slowdown, but its growth will still outpace the national economy, says the state budget director. The state's not immune, but economic indicators are strong enough to weather a storm.
LONGMONT, CO-Seagate Technology's 1,000 employees from nine leased sites are now in one location, with the high-tech firm taking keys to a $70-million, 443,000-sf manufacturing facility in Longmont. Seagate has nearly doubled its workforce in the past four years.
DENVER-John D. Anderson has a new accolade to add to his career achievements. He is the new president of the American Institute of Architects. His firm has given Denver such works as Colorado's Ocean Journey and the new US Courthouse annex.