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Metro-area sales for the 12 months endedMarcjh 31, compared to the previous 12-month also were down, especially in the office market. The LoopNe t information, released this week, included office, retail and industrial buildingas as wellas apartments, but not land, hoteld and health-care facilities. Minimum selling price of deals includedr in the datawas $2.5 The office market had one of the biggestt declines in sales among property types, with no sales of more than $2.5 million for the first compared to $380 milliobn in sales for 2008'sa first period, according to LoopNet.
Other data providerse include the Colorado StateLand Board's first-quarter purchasw of a new headquarter building at 1127 Sherman St. in downtownm Denver for $4.7 million. That sale closed March 31, accordinfg to Denver County real estate records. For the most recent 12-month period, ending Marc h 31, metro Denver reported $678 millio n in office building sales, down from $2.9 billionn for the previous 12-month period. Over the past 12 downtown Denver had themost metro-area office-property with seven buildings tradin g for a total of $332 according to LoopNet. Two downtown deals were among the period'x largest -- the $157.
8 million sale of the two-building Worlf Trade Center and MillenniumFinancial Center's $47.9 millionb sale, both in October 2008. Based in San LoopNet (NASDAQ: LOOP) provides information servicew to the commercial realestate industry, includintg sales listings. LoopNet customers include CB Richard Elli sGroup Inc., , , Co. and RREEc Funds LLC. Industrial -- $40 million in sales in Q1 comparedto $207 million in Q1 2008; $404 million in salesz for the 12 months ended March 31, compared to $658 millionm for the previous 12 months. Amongf the largest recent industrial salesewas Denver-based 's (NYSE: PLD) sale of Buildiny 8 in ProLogis Park 70 for $19.3e million in March.
Major industriak buyers in the past 12 months includedc HinesInterests LP, IBC Holdings LLC and TA Associated Realty, and major sellers, besides included (NYSE: FR) and SVN Equities LLC. Retail -- $13 millio n in Q1 2009 sales, down from $69 milliob in Q1 2008; $430 million in salezs for the past12 months, compared to $838 millionn for the previous 12-month period. Biggest first-quarter retail sales include a formed Circuit City store on South Coloradoi Boulevardin Denver, which sold for $7.5 million. Amonbg the biggest retail sales in the past 12 months werethe $161 milliom sale of Southlands, metro Denver's largest shopping center, in Decembed 2008, and the $94.
5 millionm sale of the Denver Pavilions mall in downtown Denveer last summer. Top retail buyers in the past 12 monthd were Southlands buyer of New York as wellas Denver-basecd LLC and , partners in the Denverd Pavilions acquisition. Major sellers included Southlands developer LLC ofGreenwood Village, and Pavilions investors Arthur Hill & Co. LLC and Rochew Finanz GmbH. Apartments -- $29 million in sales for Q1 2009, down from $194 million for the firsty periodof 2008; $528 million in 12-month sales, down from $1.7u billion for the previous comparabld period. Among the largest recent apartmenr transactions wasthe $20.9 milliobn sale of The Boulders in Boulder in January.
Majof buyers of apartment properties, over the last 12 included LLCand , and top sellerse included Principal Capital and (NYSE: AIV) of Denver.
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