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Getting Trader Joe’s to Denver

The Monrovia, California based grocer has confirmed it will open its Denver store at 8th and Colorado Blvd. including a separate store to handle wine and beer sales.  Trader Joe’s is also opening a store at Twenty Ninth Street in Boulder and is expecting both stores to be open in 2013. Getting Trader Joe’s to…

Peakview Tower sells for $54 Million, Centennial

Crescent Real Estate Equities sold Peakview Tower located at 6465 S. Greenwood Plaza Blvd. for $54 million or $204 per square foot to KBS Realty Advisors. The 264,149 square foot 10 story building was built in 2001 and is considered at Class A office building. The Peakview Tower holds a LEED Silver certification. Occupancy rate…

Denver Commercial Real Estate shows strong Q2 2012

Good news for the Denver’s Commercial Real Estate market as the Q2 showed positive numbers. All three CRE submarkets showed positive results in the three segments. Denver’s Office Market: The Denver office market continued to improve. For the previous 5 quarters more office space has been leased than has been vacated.  Presently the Denver office…

Redevelopment of CU hospital site is taken shape!

For nearly five years of inactivity, it finally appears the redevelopment of Colorado Hospital campus at East Eight Avenue and Colorado Blvd. is getting started. The vacant property is the former home of the University of Colorado Hospital and the CU Medical School which has secured a new developer, city approval of its development plan…