Are office lease rates dropping? I get some version of this question every day, from clients and colleagues as well as from friends and family who generally have little interest in the commercial real

Denver’s office market serves as a prime example of an industry sector that experienced great strength prepandemic and already is seeing great impact as remote work became mandatory for a vast majority of

In meetings, I often get asked for my perspective on the “millennial,” this massive generation that has been characterized as lazy, selfish and entitled but also has taken over more than 50% of the workforce. A generation generally is defined as experiencing events as a group. Born from 1981 to 1996, the millennial generation has now seen two economic downturns, once while the earlier millennials were entering the workforce in 2008 and now again as the last of the generation starts their careers during the COVID-19 pandemic.

800 viewers anticipated. 4 hours of real estate continuing education credit have been approved. The conference will be shot and broadcast like a television show. We have engaged a high-quality camera crew who are masters in livestream technology. The event will be amazing, and give viewers an experience well beyond the typical Zoom webinar. When you register, a unique access code will be generated for you. Please do not share this code with anyone as it is your means to view the event, and cannot be used on multiple devices at the same time. Can’t watch live? A recording will be available after the event has been streamed. You will be able to log in to our website and enter your access code. We look forward to seeing you in person before too long. Stay healthy in these unusual times. Colorado Real Estate Journal

A multitenant office building along the Arapahoe Road corridor sold for $3.53 million. Arapahoe Plaza East II, a 29,140-square-foot office building at 7955 E. Arapahoe Court in Centennial, sold to 7955 Arapahoe Partners LLC and Welsh Family Trust, according to public records. It was sold by 7955 E Arapahoe Court LLC.

Beacon Capital Partners acquired what will be a blank slate at 1740 Broadway, as Wells Fargo moves to new space around the corner. Wells Fargo sold the approximately 111,300-square-foot building and atrium, where it has a retail branch and offices, to Beacon for $7.15 million. The bank will be significantly downsizing and relocating its branch…

A pair of investors bought a 50,403-square-foot office building in Littleton with some loyal and growing tenants. Bridle Dale LLC, led by a Denver investor, paid $5.7 million, or $113.09 per sf, for the Columbine Office Building at 6901 S. Pierce St. Columbine Valley Corp. was the seller. Bob Pipkin “At the time it went…

Bancroft Capital Advisors Inc. is zeroing in on Denver’s west metro submarket, closing on one office building and securing deals to buy three more. Bancroft’s latest acquisition is Union Terrace, an 84,145-square-foot building off the Union Boulevard corridor in Lakewood. The company paid $11.33 million, or $134.61 per sf, for the building with plans to…

BMC Investments’ Matt Joblon isn’t taking bets on timing of the company’s newest development in Cherry Creek North, but he does expect it to be one of the last Class A office buildings to be built in the neighborhood for some time. With limited sites remaining, BMC is one of a select few developers looking…

An 11,978-square-foot office building in eastern Loveland sold for $4.05 million, representing a near-record price of $338.37 per sf. SRI Investments/Stucco Rite Inc., a Colorado-based investment company, sold the multitenant, Class A building at 4090 Clydesdale Parkway to First American Exchange Co. Jared Goodman “The beautiful building has attracted quality tenants and is at the…