• Firmspace plants coworking flag in Denver

    Firmspace, a luxury coworking suite concept, with little fanfare planted it Denver flag on the entire 16th floor at the Class A office tower at 1401 Lawrence St. “We opened in June without any premarketing or preleasing,” said Kristin Kirk, the hospitality director for Austin, Texas-based Firmspace. Firmspace picked Denver as its first city outside of Austin for its concept after...

  • Western Asset Services launched

    Western Development Group, a developer of premier mixed-use and residential properties in Cherry Creek North, has created a new property management company, Western Asset Services. While Western Asset Services is just hitting the ground, Western Development Group is not a new kid on the block as far as property management. Western Development has been “in the business of managing its...

  • Essex names Williams as president

    Essex Financial Group, which will close an estimated $750 million in commercial real estate loans this year, is changing the guard. J. Jeffrey Riggs, who founded the firm 26 years ago, is passing the baton to Cooper Williams, who has spent his entire professional career at Essex. “We are proud to announce that Cooper Williams, effective Nov. 1, is going to...

  • Denver tops retail square feet decline

    Denver, or perhaps Dallas, has more square feet of retail space per capita than any other city in the U.S. I first heard that when I was the real estate editor of the Rocky Mountain News in the early 1980s. I heard that Denver was either No. 1 or No. 2 multiple times in the years following. The last time...

  • Emerging Trends ranks Denver in top 10

    Denver made the Top 10 list in the latest Emerging Trends in Real Estate 2019 report, which was released Wednesday. Denver was ranked No. 8 of 79 metropolitan statistical areas in the comprehensive Emerging Trends report released by PwC US and the Urban Land Institute. In the Rocky Mountain region, Denver ranked first of eight cities. The Dallas-Fort Worth area...

  • John Blumberg of Black Creek remembered

    “Frankly, most people in the business probably don’t know we’re out there,” John Blumberg told me 18 years ago. I was the real estate editor of the Rocky Mountain News and Blumberg was thrilled that a business-to-business site that facilitated the private placement of commercial real estate capital and was owned by his Denver-based Black Creek Group, had been named...

  • Colorado State Bank Building hits the market

    The Colorado State Bank building, a 26-story office tower that takes its name from its anchor tenant, has hit the market. The 445,595-square-foot Colorado State Bank Building is owned by LBA Realty, based in Irvine, Calif. “LBA Realty started buying distressed properties around 2002” and continued its buying spree for the next decade, according to John Winslow. Winslow expects the...

  • EKS&H headlines CREJ tax reform conference

    Executives from accounting firm EKS&H will dominate the upcoming tax reform conference sponsored by the Colorado Real Estate Journal. Denver-based EKS&H is a nationally recognized professional services firm providing audit, tax, technology, wealth advisory and business consulting services to public and private clients locally, nationally and internationally. EKS&H is the nation’s 11th largest accounting, tax, consulting and wealth management firm, following...

  • 10,000 making waves in apartment circles

    Ten Thousand Waves is a world-class resort on a mountain road in Santa Fe. But what is really making waves in Denver apartment circles is the number 10,000. Specifically, the observation by apartment guru Cary Bruteig that developers can’t build much more than 10,000 units in the Denver area has given developers much more confidence that the market isn’t going...

  • Look at last Union Station development site

    The clock is ticking on an opportunity to buy a parking lot at 19th Street and Walnut Place that is described as the last development parcel available near Denver Union Station. Offer are due this Thursday, Sept. 27, for the 16,091-square-foot parking lot at 2001 19th St. and 1903 Chestnut Place. The property, which is zoned for a 140-foot-tall building, is being listed...