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1401 Lawrence

Newly 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, 2018
105 Edgeview Drive

Gogo Building goes to Invesco for $47.1 million

This post is only available to subscribers of the the Colorado Real Estate Journal. If you have a subscription, please log in to view this post. If you do not […]

Kris Oppermann Stern

January 21, 2018
400 Centennial Parkway

Louisville 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, 2018

Quantum 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, 2018
JLL market update

Lee & 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, 2018

CBRE 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, 2018

Graham 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, 2018
1144 15th

Preleasing 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, 2018
Cherry Tower

Cherry Tower to continue to blossom under new owner

This post is only available to subscribers of the the Colorado Real Estate Journal. If you have a subscription, please log in to view this post. If you do not […]

Kris Oppermann Stern

January 7, 2018
Union Tower

Cress Capital buys Union Tower with plans to continue upgrades

This post is only available to subscribers of the the Colorado Real Estate Journal. If you have a subscription, please log in to view this post. If you do not […]

Kris Oppermann Stern

December 31, 2017