Investors around globe eye Denver’s potential

Everyone is flocking to Denver – millennials, hippies, boomers and, of course, real estate investors. Not only is Denver the No. 1 place for business and careers, according to Forbes, and one of the fastest-growing cities in the U.S., but also the barrier to entry for real estate investors is relatively low

CREJ

June 13, 2016

Light rail’s impact on office is undeniable

In the past five years, prices for the land surrounding light-rail stations have doubled and, in some areas, tripled on a cost per-square-foot basis. One example is the Village Center Station near the Arapahoe light-rail station. About four years ago, the land was valued around $21 a square foot, and now it’s $60 a sf, said Tim Harrington, executive managing director of Newmark Grubb Knight Frank. At the other end of the line, property downtown within proximity of light rail has skyrocketed. It now ranges from $300 to $600 a sf.

Michelle Askeland

March 14, 2016

Financial-tech firms alter financial services industry

For a rapidly growing worldwide phenomenon that is bringing about significant change within the financial services community, it is surprising that the term “FinTech” still is relatively unknown. At the confluence of finance and technology, FinTech is defined as “an economic industry composed of companies that use technology to make financial systems more efficient,” according to Wharton FinTech. The term can encompass a wide array of financial services ranging from payments, investments, financing, insurance and more. Companies

CREJ

March 14, 2016
Thrive co-working space in Denver

The evolution of co-working in Denver

Co-working is an unavoidable buzzword in Denver. In the few short years dedicated co-working space has had a presence in the city, the definition has evolved from a strictly communal environment to one that often embraces private offices as well as community areas. The long-term effects of what this new office environment means to the…

Michelle Askeland

January 22, 2016
Union Station

Trends in action: Union Station wing buildings

The Union Station wing office buildings – often referred to as One Union Station and the IMA Building – exemplify many of the trends the Denver office property market is witnessing. A large part of both buildings’ success – each sold for over $600 per square foot to GLL Real Estate Partners, a German-based international asset…

Michelle Askeland

October 29, 2015