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Your monthly dose of all things commercial real estate.

COMMERCIAL REPORT


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Assured Title is happy to present another monthly edition of The Commercial Transaction, a report of all monthly commercial sales.  This data shows you helpful information and the inside track for the commercial real estate world. These are great to use as comparables, and archived versions are included so you can really get the scoop on past sales.

These properties were sold in October 2014 in the following counties: Adams, Arapahoe, Boulder, Broomfield, Denver, Douglas and Jefferson. Click on the map or PDF report to find out all of the property details.
CLOSED COMMERCIAL TRANSACTIONS IN OCTOBER 2014

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For interactive property details click the map.
Commercial Properties sold October 1 - 31, 2014
ARCHIVED 2014 CLOSED COMMERCIAL TRANSACTIONS

SEPTEMBER 2014
AUGUST 2014
JULY 2014
JUNE 2014
MAY 2014
APRIL 2014
MARCH 2014
WHAT'S THE BUZZ IN THE COMMERCIAL WORLD?

Golden Triangle plan passes Denver City Council
Denver City Council on Monday approved a plan that will provide a path toward revitalizing the Golden Triangle neighborhood.

CFC Construction breaks ground on Venue on 16th
CFC Construction has broken ground on Venue on 16th, a 181-unit luxury apartment complex located on East 16th Avenue between Fillmore and Milwaukee streets.

Ken Lund stepping down as Colorado's economic-development director
Ken Lund is stepping down as head of Colorado's economic-development office after 3-1/2 years.

Homes for sale in metro Denver reach record low
The number of unsold homes in metro Denver last month fell to just 8,041, which stands out as a record low for any October.

Mixed-use development to bring condos, retail to RiNo
A new development planned in Denver's River North neighborhood will include 23 townhomes, about 100 condominiums and 40,000 square feet of retail space.

Northeast Denver pushing for co-op market
More than 410 member-owners have signed onto the Northeast Community Co-op Market concept of a community-owned grocery store.

Country Club Gardens 30-story towers approved by preservation commission
Two 30-story apartment towers planned in the Country Club neighborhood of Denver have received "mass and scale" approval from Denver's Landmark Preservation Commission.

Alliance buys former RedPeak sites in West Highland
Construction likely will begin soon on luxury apartments in the heart of the trendy Highlands Square area of West Highland.

E. Colfax gets milestone BID
A goal to improve a stretch along East Colfax Avenue, an effort whose roots go back almost three decades, hit a milestone this week  with creation of the Fax-Mayfair Business Improvement District.

Inventory of homes for sale in Denver metro shrinks dramatically
The inventory of homes for sale in metro Denver was down 10 percent in October from September and down 23 percent compared with October 2013

Whole Foods opening flagship store next to Denver Union Station
Whole Foods Market will open a flagship store in downtown Denver in 2017, the company announced Wednesday.

Industry Denver Accelerates River North Revitalization
If you’ve been to the River North (RiNo) neighborhood lately, you may have noticed that INDUSTRY at 29th and Brighton Boulevard is buzzing with activity.

Metro Denver home prices continue to climb, Colorado hits new high
Home prices in the Denver-Aurora-Lakewood area, including distressed sales, increased by 8.1 percent in September compared with September 2013, and up 0.3 percent from August, according to a report Tuesday by CoreLogic.

Lowry residents sue Denver over rezoning allowing 5-story buildings, calling process corrupt
Residents in the Lowry neighborhood have filed a lawsuit against the city and the Denver Planning Board.

Buyers aplenty emerge for luxury homes in metro Denver
The number of Denver-area homes that sold for at least $1 million in October increased from a year ago.

Row 14 Space to Become Uncle Joe's Hong Kong Bistro
Row 14 closed unexpectedly in July, leaving an empty space in the downtown Spire. Now a newcomer to Denver, Uncle Joe's Hong Kong Bistro.

Innovating Ancient Architecture: Denver's Green Pyramid
In the midst of the glitzy Dale Chihuly exhibition that spiked annual attendance above a million for the first time, the Denver Botanic Gardens unveiled a groundbreaking piece of architecture.

More Denver residents doubling up because of high rents
Low vacancy rates and high rents across metro Denver have forced more adults to live with roommates.

Brownstones to be built in Five Points
Clear Creek Homes is teaming up with Palisade Partners and Civil Technology Inc. to build 26 brownstones at 2400 Washington St. in Denver's Five Points neighborhood.

Current defects law thwarts affordable housing
The scarcity of newly built, attainably priced owner-occupied attached housing in Colorado is well-documented. So is one of the main reasons. Due to the increased risk of litigation over the last decade, it is no longer financially feasible for builders to take a chance on these projects.

Construction defects law should benefit developers and homeowners
Real estate developers, city planners and the Metro Mayors Caucus blame construction-defect lawsuits for the lack of condominium construction in Colorado.

RedPeak buys the Coachman Apartments
RedPeak Properties has acquired the Coachman Apartments, an 82-unit multifamily community at 1044 Downing St. in Denver's Capitol Hill neighborhood.

3 Denver apt projects, including 12-story tower, planned
Trammell Crow Residential will develop a 12-story apartment tower at the corner of 19th and Logan streets in Denver's Uptown neighborhood, and has proposed two other apartment buildings in Denver.

RiNo, meet BISON: Long Overlooked Denver Neighborhood on a Tear
Nicknamed "The Green Mile" for its countless marijuana dispensaries and grow warehouses, Overland's deep South Broadway is getting more diverse in a hurry.

Denver seeks to improve energy efficiency in commercial buildings
Heat leaks out of the historic Brown Palace Hotel's sandstone facade in the winter — but a new resurfacing project will seal all the holes.

Bitzer Real Estate Partners in Denver merges with Lee & Associates
Los Angeles-based commercial real estate firm Lee & Associates has merged with Bitzer Real Estate Partners in Denver, marking Lee's first presence in Colorado.

LoDo commands 20% higher rents than the rest of downtown Denver
It's no secret that LoDo is the most popular part of downtown these days for construction, real estate deals, new businesses and social activity for thousands of Denverites, including the highly sought millennial age group.

Rents soar as apartment vacancies in metro Denver near all-time low
Metro Denver apartment vacancies dropped to 3.9 percent in the third quarter, the second-lowest recorded rate.

Enticing low mortgage rates, but impact could be limited
With mortgage rates sliding for a fifth straight week, the possibility of locking in a rate below 4 percent is tempting for consumers.

Denver apartment vacancy drops below 4%
Apartment vacancies in metro Denver in the third quarter dropped almost a full percentage point to 3.9 percent, according to the latest Denver Metro Area Apartment Vacancy and Rent Survey.

Luxury brownstones planned in Denver's Five Points
Clear Creek Homes, along with Palisade Partners and Civil Technology Inc., will build 26 luxury brownstones at 2400 Washington St. in Denver's Five Points neighborhood.

West Colfax Mobility Improvement Project Completed
This past weekend, the West Colfax Business Improvement District (WCBID) celebrated the near completion of a mobility improvement project on West Colfax Avenue between Federal and Sheridan Boulevards.

Metro Denver's Q3 top real estate leases and sales
The Denver Business Journal researches the top commercial sales and leases each quarter.

Denver ranks 4th for likely commercial real estate investment in 2015
Denver places in the No. 4 position for cities that are likely to attract commercial real estate investment in 2015 by people surveyed by PricewaterhouseCoopers LLP and Urban Land Institute.

UPCOMING COMMERCIAL EVENTS:

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We hope you enjoy this monthly report of all commercial activity in the Denver metro area.  If you need additional information or have questions, please email contact@assuredtitleagency.com

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Assured Title Agency
1900 16th Street, Denver, CO
Suite 950
Denver, CO 80202

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