WESTMINSTER, CO-Financial giant American Skandia is ticketing this Denver suburb for its first move outside its Shelton, CT headquarters. The move seals a 120,000-sf lease for Catellus Commercial and promises to deliver up to 500 high-paying jobs to the region.
LAKEWOOD, CO-Dillard's is hanging a closed sign on its Villa Italia store at the end of this month. The site had been part of a 1998 takeover of the Joslin's retail chain.
DENVER-Sage Hospitality Resources has opened a $10-million, 123-room TownePlace Suites by Marriott, salvaging a piece of Denver history with the undertaking. The project is encased in the A.B. Hirschfeld Press Building.
GOLDEN, CO-A $25-million, mixed-use project is the largest undertaking in the history of Golden, a city in the foothills west of Denver. New Global Telecom has signed for most of the 60,000-sf office space in the structure.
DENVER-The Berkley Heights, NJ company, Expanets, heads west for a corporate relocation. The firm will set up shop in a 40,000-sf office structure in the metro's largest business park.
DENVER-Sit where the celebrities dined. Buy a grand Victorian bed and breakfast. Or perhaps snag a townhome valued at $260,000 for a mere $150,000. And, that's just a few of the lineup at tomorrow's auction of high-profile properties.
BEAVER CREEK, CO-Vail Resorts Inc. is providing the land, $3.3 million in cash equity and up to a $4.5-million loan for a 49% interest in the joint venture that owns the $162-million Ritz-Carlton under construction on Beaver Creek Mountain.
DENVER-L.J. Melody & Co. has arranged $30 million in financing for the Breakers Apartments, the first new breed of luxury apartments in the Denver area. The financing is being provided through CIGNA to the Denver owners and developers.
DENVER-First Industrial Realty Trust is capping the first of four buildings in a 146,000-sf project at Westminster's Technology Center. The structures are being given neighborhood- friendly facades.