This post is only available to subscribers of the the Colorado Real Estate Journal. If you have a subscription, please log in to view this post. If you do not […]

One of the world’s largest real estate investment managers has acquired its first downtown Denver office asset for $110.9 million, or $249.44 per square foot, according to Denver County records. Nuveen Real Estate bought the Colorado State Bank Building at 1600 Broadway from an affiliate of LBA Realty. The 444,595-sf building sits at the upper…

A local partnership has acquired one of the last development sites in the Colorado Tech Center in Louisville for construction of an 83,000-square-foot flex building. Freeman Capital Management, led by Andrew Freeman, purchased the 6.8-acre site at 1875 and 1923 Taylor Ave. from Barry Manley for $1.25 million. Freeman is working with RVP Architecture to…

In 1990, my business editor at the Rocky Mountain News, the late Lynde McCormick, described economist Lucy Black Creighton as “perhaps the best known of Denver’s businesswomen.” Creighton, a pioneer and prominent economist in Denver, died on Christmas. A memorial service was held Monday. Creighton, who died peacefully in Denver at age 91, was a…

During his 45-year career, Brad Calbert has been in the trenches for every boom, bust and commercial real estate cycle between the two extremes in Denver. As a commercial real estate broker, Calbert has been involved in the sale or finance of more than 150 transactions that totaled more than 30 million square feet. Calbert's…

In late 2016, Martin Marietta completed its move to 34,000 square feet in Denver West. At the beginning of 2018, Kestrel’s design team was asked to complete its first expansion, an additional 6,000 sf adjacent to the first-floor space.

A Denver townhome/condo developer is stepping into the commercial real estate market with plans to condominiumize a building he purchased in Inverness Business Park. A limited liability company managed by David Burcham of Sanctuary Properties bought a 54,770-square-foot flex building at 67 Inverness Drive East in Englewood for $6.3 million. The property is divided into…

The former Adams County Human Services building in Commerce City will house multiple nonprofit organizations, a community food bank and more, thanks to the newly launched Metro Denver Impact Facility. Urban Land Conservancy, in partnership with Adams County and Commerce City, bought the approximately 80,000-square-foot building at 7190 Colorado Blvd. for $3.8 million. It was…

Color me impressed. I recently attended a press conference at a downtown Denver hotel updating the market branding efforts underway in Winter Park. While waiting for the speakers to kick off their presentations, I wandered over to tables represented by vendors in the construction and development trades. I ignored the commemorative pens and lip balm…

Twenty-seven years ago, Jeannie Bernard accepted the executive vice president position for the Denver Metro Building Owners and Managers Association the week before Christmas. She inherited an organization with one full-time staff member and one part-time member to manage