Headquarters activity in Denver remains robust
Denver’s office market continued full steam ahead, as year-to-date absorption rose to 1.1 million square feet in the second quarter, which nearly equals the 1.2 million sf absorbed in the entire 12 months of 2017. The
CREJ
September 24, 2018Tritower gains foothold in Boulder commercial real estate market
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Kris Oppermann Stern
September 24, 20181670 Broadway: Reinvigorating a Downtown Asset
The distinctive 36-story 1670 Broadway building has framed the terminus of 17th Street for over 30 years. At the completion of original construction, the Amoco building, Columbia Plaza as it was then known, provided a high standard for office properties in Denver.
Building Dialogue
September 23, 2018Investor tip: Are core assets worth the risk?
Are you looking to make modest investment gains, play it safe or create wealth? All investments come with risk, but ideally the return is a direct reflection of the risk. I submit that core real estate investments, despite
CREJ
September 22, 2018REIT looking to industrial sells $726 million in office assets
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Kris Oppermann Stern
September 21, 2018Denver rises to a top 10 market for tech talent
For anyone working with tech companies in metro Denver commercial real estate, it’s been obvious. The tech sector here is booming. Almost every day there’s news of another company opening a Front Range office,
CREJ
September 21, 2018Downtown Denver office tower fetches $238 million
Denver County Property Location: 1670 Broadway, Denver, “TIAA Building” formerly “Amoco” Property Description: 36-story, 704,566-sf office tower, YOC 1978 Land Size: 1.26 acres Sales Price: $238M, or $337.80 psf Reception No.: 2018104753 Closing Date: 8/16 Grantor: 1670 Broadway Investors LLC by: TPF Equity REIT Operating Partnership LP, William P. Robertson, executive director, 860-616-9121 Grantee: HPI 1670 BRDW LLC,…
John Winslow
September 21, 2018REIT adds to holdings near St. Anthony with $4.15M buy
A real estate investment trust paid $4.15 million, or $242.92 per square foot, for a multitenant office/medical office building next to St. Anthony Hospital in Lakewood. HR Assets LLC, an affiliate of Healthcare Realty Trust Inc., purchased the 17,084-sf building at 198 Union Blvd. from 198 Union LLC. Healthcare Realty has been active in the…
Kris Oppermann Stern
September 21, 2018Quick deal leads to changes for building – and office market
VF Corp. didn’t mess around when it came to securing the building at 1551 Wewatta St. in Denver for its new global headquarters. “They were, and we were equally, focused on getting to a transaction very quickly because there was a lot of interest in this building from other tenants,” said Scott Matthews, senior vice…
CREJ
September 18, 2018NKF predicts strong absorption will create shortage of Class A office space
Global real estate adviser Newmark Knight Frank predicts overall absorption in Denver’s downtown submarket will top 1 million square feet per year through 2021, leading to a shortage of large blocks of Class A space in Denver’s core downtown. Sam DePizzol “This news is notable for two reasons,” stated NKF Executive Managing Director Sam DePizzol.…
CREJ
September 17, 2018