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,…

Task force. Tragedy. Thoughtlessness. These trio of words resonated with me as antidevelopment rhetoric has reached a fevered pitch in Denver. A new Landmark Ordinance Task Force meets today for the first time that hopefully will set the stage for more collaborative and civil exchanges between preservationists, property owners and developers. My initial idea was…

RidgeGate, the 15-year-old mixed-use community along Interstate 25 in Lone Tree, on Monday unveiled a plan for its City Center that eventually will have enough development to support another 50,000 jobs. Future development east of I-25 also could bring another 10,000 residential units to RidgeGate. Housing, from apartments to single-family detached homes, could add 40,000…

The deal for an 81-story, 1,000-foot skyscraper proposed to be developed in the heart of downtown Denver is dead, the owner of the land said Thursday afternoon. Buzz Geller, whose Paradise Land Co. is the owner of the 25,047-square-foot parcel at 1650 17th St., said he has put the land back on the market for…

Tower power. The 36-story 1670 Broadway office tower is on the market. The tower is being listed by the CBRE team of Mike Winn, Tim Richey, Chad Flynn, and Jenny Knowlton. The office building is a true trophy tower. Indeed, a 4:14 minute video of 1670 Broadway describes it is as a “coveted Class A…

Single-tenant triple-net (NNN) investments are “like the bonds of commercial real estate investing,” according to Drew Isaac. And with the stable income generated by leases from national tenants such as Walgreens and Starbucks, they are increasingly popular with investors seeking higher yields than they can achieve from Treasurys and many other fixed-income vehicles, but with…

Multifamily mystery. Stock market volatility. Interest rates rising. Tax law changes. These are just three macroeconomic variables that could impact the multifamily market in the Denver area as well as the nation. The impacts of this trifecta of changes are likely to be topics touched upon by more than a dozen experts who will address…

Roof replacements in Denver rolled out to what may have been a record in 2017. The city of Denver issued 18,475 permits for new roofs last year, 54.6 percent more than the 12,016 in 2016, according to data from Denver Community Planning and Development. Overall, permit activity in Denver was up 17 percent in 2017…

Context is everything when architect Dan Craine is designing buildings in Denver’s urban neighborhood, and even in suburban locales like Castle Rock and Arvada. But context doesn’t mean that every new building is necessarily the size and height of what has gone before it, according to Craine, principal and founder of his namesake firm, Craine…

Condo fever is sweeping the Denver area market in the wake of legislators addressing the construction defect issue almost a year ago. JK – just kidding, as my daughter used to say when she was in elementary school. Last year and in 2016, condo construction represented a mere 6.7 percent of the residential homebuilding activity…