Denver office market breeds cautious optimism
The American office space is nothing if not resilient. It’s been battered and bruised, opened, closed and opened again. It’s been downsized, marginalized, stripped down and sterilized – and still, it endures.
CREJDecember 18, 2020
Healthpeak signs full-floor lease, will relocate HQ to DTC
A national real estate investment trust leased a full floor at a Denver Tech Center office property and will relocate its headquarters to the space next year. Healthpeak will occupy the eighth floor, approximately 32,000 square feet, of 50Fifty DTC, the 192,351-sf, Class A office building at 5050 S. Syracuse St. Jason Sheehy of Transwestern […]
Jenna WaltersDecember 14, 2020
Downtown office asset sells for $14M
The historic Peters Paper Building in downtown Denver is under new local ownership following its $14.75 million sale. Paper Building LLC purchased the 49,316-square foot, Class B office building at 1625-1631 Wazee St. from seller Some Place On Wazee LLC. Sam Leger and Tim Finholm of Unique Properties, Inc.-TCN Worldwide represented the seller in the […]
Jenna WaltersDecember 14, 2020
Are you solving for the virus – or for future work?
Good employers have long been leveraging their workplace to compete for top talent, drive collaboration and foster creativity. Pre-COVID-19, the workplace was not merely a location for employees to complete work.
CREJDecember 14, 2020
Elsy Studios brings brand-driven design to AvalonBay Communities space in DTC
Elsy Studios, a Denver based full-service commercial interior design firm, recently completed AvalonBay Communities Inc.’s new 7,000-square-foot Denver office on the 10th floor of the 50Fifty office tower in the Denver Tech Center.
Kris Oppermann SternDecember 6, 2020
Flywheel to start spec office development
The first speculative office development in nearly a decade in Colorado Springs is set to break ground in January. Flywheel Capital plans to break ground on Peak Technology Campus, a 210,000-square foot, Class A project in Peak Innovation Park, the 900-acre master-planned business park at the entrance of the Colorado Springs Airport. The spec development […]
Jennifer HayesNovember 30, 2020
Two-property DTC portfolio sells for $28M
A national investment management company acquired two Denver Tech Center office properties in a $28.7 million portfolio sale. TerraCap purchased a two-building, Class A office portfolio totaling 181,000 square feet at 5575 DTC Parkway and 4949 S. Syracuse St. from seller CapRidge Partners. Tim Richey, Charley Will, Jenny Knowlton and Chad Flynn of CBRE represented […]
Jenna WaltersNovember 30, 2020
Developers secure first office tenant at 9+CO project
An oil and gas company will occupy more than half of the office space at a new mixed-use development at the intersection of East Ninth Avenue and Colorado Boulevard. NGL Energy Partners leased 48,000 square feet of office space at 9+CO, the 26-acre urban infill project at the site of the former University of Colorado […]
Jenna WaltersNovember 16, 2020
Patriot Park VI office sells for $24.25 million
A Virginia-based private investment group made its first Colorado acquisition with its record-setting purchase of Patriot Park VI. The 103,970-square-foot office building at 655 Space Center Drive in Colorado Springs sold for $24.25 million, according to public records – setting what is believed to be a high-water mark for an office building in the Springs’ […]
Jennifer HayesNovember 2, 2020
Re/Max of Cherry Creek buys office, will relocate next year
After 40 years in business, Re/Max of Cherry Creek has purchased its first office asset with plans to relocate its operations to the property next year. Under the entity name Cherry Tree Ventures LLC, Re/ Max of Cherry Creek and its investment partner, Orange Coast Title, purchased the 6,935-square-foot, Class B office building at 100 […]
Jenna WaltersOctober 19, 2020