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The post Building that isn’t as it appears sells in $9 million transaction appeared first on Colorado Real Estate Journal.

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David Nuss joined BCER as new director of life safety.

The post Nuss joins BCER appeared first on Colorado Real Estate Journal.

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Advenir at Saddle Rock, renamed The Fletcher Southlands, also is located near Southlands and is equidistant from the Anschutz Medical Campus and the Denver Tech Center.

The post Advenir at Saddle Rock apts. sell for $72.18 million appeared first on Colorado Real Estate Journal.

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Former Denver Mayor Federico Peña and three directors at embattled Wells Fargo & Co. will retire from the bank's board April 24 at this year’s annual meeting.

Peña — who also was a two-time cabinet secretary under former President Bill Clinton — was scheduled to retire from the board in 2019.

Wells Fargo (NYSE: WFC), Colorado's largest bank by deposits, confirmed Thursday that Peña is among four board members who will step down at the annual meeting.

The others are Dignity Health CEO Lloyd…

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The P.H. Dye House office building in Milwaukee’s 3rd Ward, which recently became half empty after losing the Art Institute of Wisconsin, sold to a Chicago investor that is new to the city.

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Los Angeles-based CIM Group has proposed cutting the number of parking spaces within the Motor Mart Garage from 1,058 to 600 to make way for residential development, according to a letter of intent filed with the Boston Planning and Development Agency.

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The new Tax Cuts and Jobs Act should be a shot in the arm for private equity funds and could boost the valuation of deals as companies use their rising cash flow to expand operations.

The reduction in the overall corporate tax rate to 21 percent from 35 percent will benefit companies organized as C corporations. Firms that are organized as pass-through entities — LLCs, partnerships and S Corporations — will also see marginal income taxes decline from about 40 percent to as low as 30 percent.

There…

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A waterfront home on Siesta Key that wrapped up construction just two years ago is listed for sale — fully furnished — at $15 million.

The house, at 3799 Flamingo Ave., totals 18,706 square feet, with 8,138 square feet of indoor living space. It features modern architecture and a neutral palette. The list price breaks down to $1,843 per square foot.

Joel Schemmel of the Schemmel Property Group with Premier Sotheby’s International Realty is the listing agent on the home, which hit the market…

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Already Sackman Enterprises has sold half of the luxury condos at its 34-story tower in the historic Rainey Street District. Check out photos of progress on the high-rise, where residents will pay a premium for access to a sprawling “floating garden,” a dog park, an outdoor yoga studio and stunning views of Lady Bird Lake.

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A new 197-acre distribution center is being planned just outside Savannah, Ga.

Capital Development Partners Inc. says it will develop the Savannah Port Logistics Center in Pooler, Ga., with the first phase of construction of 537,000 square feet starting in April. The project will offer more than 2.3 million square feet of space for lease.

The second phase will include a 1,314,000 square foot build-to-suit facility, which will also be on rail. Construction is expected to begin on Phase II in late…

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