The Mile High Exchangors Annual Shrimp Boil

We sometimes get outside for some good old fashion fun.      Every year the Mile High Exchangors throw a shrimp boil   If you’ve never been to a shrimp boil, it is a lot of fun.  You stand around a long table and then they throw the shrimp, sausage, corn and potatoes down the table.  Everybody…

2016 Industrial Summit & Expo update

  The Western Investor Network Brokers recently attended the 2016 Colorado Real Estate Journal’s Industrial Summit & Expo.  Take aways from the conference are: Broker Update Class “A” space for lease on the I-70 “east” corridor is hot!  With just 2% vacancy, solid absorption, and lease rates averaging $5.15 PSF. High profile industrial parks that…

Out with the old and in with the new

Tony and Matt, attended a luncheon put on by the Colorado/Wyoming CCIM chapter today. The topic of discussion – development of the Regatta Plaza. Regatta Plaza, located at I-225, Parker and Peoria – across from the Nine Mile RTD FasTrack station, will undergo a total redevelopment. The Regatta Plaza has effectively been vacant for 10…

News from the CREJ Land & Development Conference

On Tuesday Tony and several other brokers from the office attended the Colorado Real Estate Journal’s Land and Development Conference.     They came away with some  interesting information on what’s upcoming for the Denver Metro area. As you probably suspected based on the housing shortage around Denver, there is an estimated need for approximately…

New industrial space coming online in 2017

Majestic Realty Co. will break ground on Colorado’s largest-ever “single-phase” industrial development, 834,580 square feet in three buildings according to a recent article in Denver Business journal.     With the market’s need for industrial space, this addition is a welcome  move. The industrial sector hit record-low vacancies the end of 2015 and early 2016 …

A hot time at the NCE Las Vegas meeting

Tony is currently braving the Las Vegas heat to attend another National Council of Exchangors conference.     While the attendance is smaller for this conference, 65 compared to the April attendees of 108, there are still great real estate packages being presented.  A total of $256 million dollars in packages will be presented over…

A Much Deserved Vacation

Even though Tony has been travelling alot this year to various real estate conferences, he still felt the need to fly off again.   This time, however, it was for a much needed vacation.        Welcome back Tony!      While you were sitting on a beach drinking a cerveza, we were dealing…

Society of Exchangors come to Denver

It’s been a busy first half of the year for us at Western Investor Network with Tony attending four Exchangor conferences so far.  The most recent one was held at the Marriott City Center in our own downtown Denver.      The Denver conference had a total of 91 attendees from the east coast to the west…

New Mexico Council of Exchangors bring $60 million in equity for 1031 exchanges

The first week of May brought 40 Exchangors to Albuquerque, New Mexico for the Rocky Mountain Regional Exchangors meeting.   Exchangors presented properties with a total value of almost $70 million.   The Exchangors were mostly from New Mexico and Colorado with a few other states in the mix. The NM Exchangor group has been active…

NCE Members bring big dollars to the conference

Tony Hemminger just returned from Las Vegas where he attended the National Council of Exchangors conference.    The National Council of Exchangors (NCE) is a non-profit trade association comprised of real estate licensed professionals from across the country. The NCE members meet at least twice per year at the national conference in Las Vegas, Nevada where…