Not long after Arel Capital finished a 500-unit acquisition this summer, the firm just bought 100 units more in Glendale.
NY firm gobbles up more Glendale apartments
Burl Rolett
Burl Rolett was a BusinessDen reporter who covered commercial real estate and the business of sports until 2017. He is a graduate of Washington and Lee University. Email him at [email protected].
The cannabis bump to mellow for industrial space, report says
A recent report by CBRE shows that between 2009 and 2014, 36 percent of all new industrial leases were signed by marijuana companies — and the specialized space needed by growers has pushed rents up.
Glendale tower sold for $25M
A Greenwood Village real estate investment firm has scooped up a 19-story office tower in Glendale from a Washington, D.C. company that had owned it for 10 years.
The Pipeline: Commercial real estate roundup for Oct. 23, 2015
Nine acres in Littleton sell for nearly $10 million, a waffle restaurant grabs space in Fort Collins, and company leases 38,000 square feet in Boulder.
Santa Fe Drive artist shuttering her shop
An art gallery on Santa Fe Drive is closing down, and the artist is looking to sell the recently renovated building for $510,000.
$16M plan to redevelop Lincoln Park warehouse
With other apartment projects already underway elsewhere in the area, a developer is planning to add another 60 low-income units on Santa Fe Drive in a part-rehab, part-build undertaking.
LoHi apartment project lands first restaurant tenant
An Ohio tavern concept with its first Colorado location in the works in Westminster has signed on to a new LoHi apartment development — and that’s just the first drop in the bucket.
Seattle firm notches another big office buy
Shortly after buying a Cherry Creek office portfolio, a real estate firm carried on its Denver spree with a $21 million purchase of a Wynkoop Street building.
Pair of Stapleton hotels sold for $62M
A California firm bought two hotels with a combined 700 rooms last week, hoping to tap into business travel and capitalize on the upcoming light rail line.
Skyscraper hoists new tenant banner
With a new 121,000-square-foot tenant, the CenturyLink Tower is raising a new banner atop its 54 stories.
