Office market enjoys relocation and expansion flurry
Relocation and expansion activity is occurring regularly within the Denver metro region, with 20 companies making announcements this year, including 13 that are new to the region and seven existing
Michelle AskelandOctober 12, 2016
Tips for enhancing the tenant experience
Simple logic dictates that the most-likely tenants to occupy a building in the future are the existing tenants.
CREJSeptember 19, 2016
Riding the collaborative office roller coaster
In the past five years, Denver has been a trendsetter for the proliferation of collaborative office facilities nationwide.
CREJSeptember 16, 2016
Do offices with higher densities need more parking?
How can I add more parking spaces? It’s a question I hear frequently from office building owners, developers and property managers. Office building densities are rapidly increasing
CREJJune 20, 2016
Energy sector still impacting office market
From an office market perspective, last year was characterized by significant changes in the energy sector, as the industry grappled with a sustained depression of global oil prices.
CREJJune 14, 2016
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
CREJJune 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 AskelandMarch 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
CREJMarch 14, 2016
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 AskelandJanuary 22, 2016
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 AskelandOctober 29, 2015