Downtown apartment tower sells for $139.75 million
9.11.18 Denver Apartment Brokers, Denver Apartment Building Sale, SkyHouse DenverThe 25-story SkyHouse Denver downtown apartment tower has sold. Equity Residential, a Chicago-based real estate investment trust that ranks No. 3 nationally in ownership of apartments, closed Tuesday on the purchase of the 354-unit building at 1776 N. Broadway ...
Will rising interest rates slow down the market?
9.10.18 Colorado Economy, Commercial Real Estate Brokers, Commercial Real Estate Colorado, Denver Commercial Real Estate Market, Rising Interest RatesWill rising interest rates slow down the market? In a word, no. At least, not in the short term. Interest rates that continue to creep up have not had a major impact on Front Range lending activity. While interest rates are on the rise, this is still a ...
Pinnacle Arranges $1.8M Sale of Qdoba-Occupied Property in Suburban St. Louis
9.7.18 Commercial Real Estate Brokers, Edwards Ethington Team, STNL Building SalePinnacle Real Estate Advisors LLC has arranged the sale of a 3,600-square-foot property occupied by Qdoba, a fast-casual Mexican restaurant, in Clayton for $1.8 million. The single-tenant building is located at 6701 Clayton Road across the street from a ...
Which state tops list for having the best and worst economies?
9.6.18 Colorado Economy, Commercial Real Estate Colorado, Commercial Real Estate InvestingBy several measures, the national economy is the strongest it has been in decades. The U.S. monthly unemployment rate now sits comfortably below 4%, and we are in the second longest period of GDP growth since World War II. In most states, unemployment has ...
Shadow-anchored, net-leased retail assets in Firestone sell
9.4.18 Firestone CO Investment Property Sale, Retail Brokers Colorado, Shadow-Anchored Shopping Center SaleThe growing community of Firestone appears to be attracting investor interest, with separate buyers acquiring two retail properties in unrelated deals. Firestone Safeway Marketplace, a shadow-anchored center at 8110-8196 Colorado Blvd., traded for $5 million, ...
Colorado ranks No. 1 in ‘best economy’ states
8.29.18 Colorado Commercial Real Estate Investing, Colorado Economy, Commercial Real Estate Brokers ColoradoA new ranking of state economies using metrics like poverty rate, home ownership, job growth and education puts Colorado on top. USA Today reports on the listing, compiled by financial site 24/7 Wall Street. Colorado comes in No. 1 overall, just ahead of Utah ...