Medical office buildings are outperforming the overall office market, boasting higher rents and lower vacancy rates. In other words, medical office buildings, or MOBs, comprise a very healthy asset class in the Denver area and in Colorado. “The demand for medical office building space continues to expand in metro Denver by way of population growth,…

Artis Real Estate Investment Trust has acquired the remaining 50 percent interest in two Class A office buildings in downtown Denver for $70 million. The Canadian REIT owned 1700 Broadway and Hudson’s Bay Centre in joint ventures with an affiliate of MDC Property Services Ltd., a boutique real estate company focused on commercial markets in…

An injury law firm settled on $4.94 million for the acquisition of a Northglenn office building. A limited liability company affiliated with Ramos Law bought Northglenn Greens I, a 47,957-square-foot building at 10190 Bannock St. in Northglenn. The law firm will occupy the top floor of the two-story building. Located along Interstate 25 near 104th…

A local investor became the owner of a historic Lower Downtown haunt for $2.4 million. Dating to 1863, the Blake Street Vault building at 1526 Blake St. is one of the oldest buildings on Blake Street. Completed as a saloon and boarding house in 1863, it is said to be haunted by an old-time saloon…

A Northern Colorado office building that’s leased to an energy company drew multiple offers and closed at $9 million. The building at 4000 Burlington Ave. in Evans sits on approximately 9.7 acres with heavy-industrial zoning. It was built in 2012 for Anadarko, which relocated to a new facility in Platteville and assigned the lease to…

East West Partners announced the start of construction on One Snowmass, the two-building complex that will house an arrival center to Snowmass Base Village, 41 luxury residences and commercial properties on the ground floor, including the new Base Village Medical Center

Technology company Madwire managed to sign one of the biggest office leases in Fort Collins at a time when large blocks of office space are virtually nonexistent. The digital marketing software company leased 102,000 square feet at the former LSI Logic (Avago) chip manufacturing facility at 3405 S. Timberline Road. Building owner 2001 Danfield has…

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 […]

Insurance brokerage CCIG has acquired an office building in Inverness Business Park in Englewood for its new headquarters. CCIG bought 155 Inverness Drive West, an approximately 44,500-square-foot building, for $8.5 million and will undertake an extensive renovation starting early next year. The company’s current headquarters are located in approximately 22,000 sf in Greenwood Village. CCIG…