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Office envy. The Denver area’s office market is approaching a decade of expansion and likely will continue to be one of the top office markets in the U.S. “Denver’s office market continued full steam ahead in its ninth straight year of expansion,” according to a recently released second quarter research report from Newmark Knight Frank.…

An offshore investor bought 1670 Broadway, an iconic office tower with some of the strongest credit tenancy in downtown Denver, for $238 million. UBS Realty Investors LLC sold the building, anchored by TIAA, to New York-based JM Capital LLC, a real estate firm and investment adviser that partnered with Pacific Rim capital. UBS recently completed…

Jackson-Shaw, a national real estate development company, and LaPour Partners, a regional real estate company, have partnered to break ground on Parc Santa Fe, a 345,126-square-foot, three-building urban industrial development in Littleton. 

A Fort Collins developer has acquired the Coloradoan building in a value-add play that will dovetail nicely with a renovation he’s been doing next door. Les Kaplan of Imago Enterprises Inc. bought the approximately 37,220-square-foot Coloradoan building at 1300 Riverside Ave. from media company Gannett MHC Media Inc. for $4.01 million. The newspaper will remain…

An industrial user that was looking for additional space found it in a building centrally located building off of Interstate 70 in Denver. JPE Properties LLC, comprised of the owners of FMH Material Handling Solutions Inc., purchased a 56,376-square-foot warehouse at 4751-4755 E. 46th Ave. It paid $6.3 million, or $112 per sf, for the…

Forest City has been a force in Denver for the past two decades. In 1998, the city of Denver named Forest City, now a real estate investment trust, the master developer of the former Stapleton International Airport. “Stapleton is one of the largest urban infill redevelopment projects in U.S. history,” crowed the Cleveland-based Forest City…

NexGen Properties has acquired one of a handful of medical office buildings in Highlands Ranch. The Greenwood Village based company paid $4.73 million, or $204.37 per square foot, for the EastRidge Medical Office Building, a 23,119-sf building on 2.15 acres at 6660 Timberline Road. LNR Partners sold the real estate-owned property via a Ten-X Commercial…

Newmont Mining Corp., the world’s largest gold producer, plans to vacate its current world headquarters in Greenwood Village – but not right away. Newmont, which has a market cap of almost $20 billion, plans to leave the 233,950 square feet it leases in the Palazzo Verdi building in October 2020. Newmont was an original and…