Broe Real Estate to inject life into large campus in Longmont
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Kris Oppermann Stern
January 28, 2018Newly built 1401 Lawrence sets record price for downtown
Pricing for newly constructed Denver office buildings continues to hit record highs – a trend that continued with the sale of 1401 Lawrence. The newest high-rise tower in downtown Denver, the 309,988-square-foot building reportedly sold for around $720 per sf. The previous record was the $677 per sf achieved by the Triangle Building near Denver…
Kris Oppermann Stern
January 21, 2018Gogo Building goes to Invesco for $47.1 million
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Kris Oppermann Stern
January 21, 2018Louisville office building sells to Boulder investor for $9M
Boulder real estate investor Stephen Tebo of Tebo Development Co. acquired a 41,478-square-foot office building in Louisville for $9 million. The Class A building is located at 400 Centennial Parkway. Uber occupies most of the space. CoBiz Bank also is a tenant. Occupancy was 90 percent at the time of the sale. A locally owned…
Kris Oppermann Stern
January 21, 2018Quantum Commercial shares Colorado Springs market forecasts
Quantum Commercial Group Inc. predicts vacancy rates in all commercial sectors will continue to slowly move downward in a positive manner. The firm anticipates record-low unemployment and is hopeful that the area will
CREJ
January 18, 2018Lee & Associates provides year-end office update
Denver's office vacancy rate stood at 10.5 percent at year-end, according to the report. Trends affecting the office market include rising commercial real estate taxes and construction costs.[vc_column width="1/3"][vc_column width="1/3"][vc_column width="1/3"]
CREJ
January 16, 2018CBRE Research releases quarterly reports on office, retail and industrial markets
New construction continued to be the story for Denver's industrial real estate market in 2017, CBRE Research said in its newly released reports on the Denver industrial, office and retail markets A total of 5.4 million square feet was delivered to the metro Denver market, the highest level since 2001, when 5.5 million sf of…
CREJ
January 14, 2018Graham Street Realty snags two southeast Denver office buildings
Douglas County Address or Location: 9777 Pyramid Circle, 384 Inverness Pkwy, Englewood Improvements: 120,279-sf, three-story office building, YOC 1996; 51,523-sf, two-story office building, YOC 1985 (171,802 sf net rentable space) Land Size: 1) 8.37 acres 2) 2.854 acres Date of Recording: 12/15 Reception No: 2017084932 & 2017084924 Price: $19.4M, or $112.92 psf Grantor: Westcore 384…
John Winslow
January 8, 2018Preleasing at new tower on fast track with Chipotle deal
A 152,000-square-foot headquarters deal will bring preleasing at 1144 Fifteenth Street to 65 percent, well ahead of what its developer anticipated at this point in time. Chipotle Mexican Grill signed a 15-year lease for floors 20 through 24 of the 671,101-sf tower. The building will accommodate all 450 Denver-based Chipotle employees in a single location.…
Kris Oppermann Stern
January 8, 2018Cherry Tower to continue to blossom under new owner
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Kris Oppermann Stern
January 7, 2018