Asking rates for Class A office space slowed and direct vacancy ticked up in the third quarter, according to Transwestern's Third Quarter 2016 Economy Report. The Class A direct average asking rate was $30.61/sf, down from $30.76/sf in the second quarter. The Class B direct average asking rate was $22.45/sf up from $22.36/sf. The overall direct average asking rate was…

Denver County Property Location: 3478 W. 32nd Ave., Denver, “Berkshire Hathaway” office Property Description: 3,043-sf, two-story office building, YOC 1909, brick Land Size: 3,150 sf Sales Price: $925,000, or $303.98 psf Reception No.: 2016136365 Closing Date: 9/30 Grantor: Kevin Aler Saehlenou Grantee: Complex3478 LLC, John Cox & David J. Binkowski, mgrs. Financing: $601,250 payable to Bank…

Since its completion in 1983, the “Cash Register Building” has been a dominant and much-beloved focal point of the Denver skyline, so much so that today it is prominently featured on the city’s official logo

Denver County Property Location: 1150 Delaware St., Denver Property Description: 6,038-sf office building, YOC 1987, brick Land Size: 19,531 sf Sales Price: $1.9M, or $314.67 psf Reception No.: 2016135329 Closing Date: 9/30 Grantor: OCx Holdings LLC, Trinh Pham & Peter Niepoth, mgrs. Grantee: 1150 Delaware NBD LLC, Robert S. Boswell, Charles L. Boswell, Peter A. Eklund,…

Shea Properties has started construction on the third and final phase of the Village Center Station mixed-use development in Greenwood Village. The Class A, 12-story building will comprise 306,000 square feet and be 100 percent occupied by Charter Communications. The new office tower will house Charter’s entire Product, Software Architecture & Development, Technology Services, Northwest Regional Office, Real Estate and Strategic…

Arapahoe County Property Location: 6377 S. Revere Pkwy, Centennial, “Revere Corporate Center” Property Description: 63,364 sf, four-story office building, YOC 1999, masonry Land Size: 5.27 acres Sales Price: $6.69M, or $105.53 per sf Reception No.: D6105320 Closing Date: 9/16 Grantor: RCS – Revere LP, Sharon K. Eshima, mgr., Real Capital Solutions Inc. Grantee: Pericles Associates LLC…

Cherry Creek Plaza will undergo a multimillion-dollar renovation and repositioning following a recent joint venture between Chicago-based Origin Investments and Corum Real Estate, a longtime Denver commercial real estate firm. The two companies completed a recapitalization and acquisition of the two-building, 314,000-square-foot property at 600 and 650 Cherry St. in Glendale. Mike Winn, Tim Richey…

The Winslow Report, authored by John V. Winslow, is a compilation of transactions recently completed in Adams, Arapahoe, Boulder, Broomfield, Denver, Douglas and Jefferson counties. The information was gathered from county records and deemed to be reliable. Other sources of research include brochures and information verified by owners or listing/selling brokers. Winslow is president of WinComps…

Leaving Denver is not an option for Marilee Utter. When she was offered the job in 2011 as the newly created title of executive vice president District/National Councils for the Urban Land Institute, she accepted on the condition that she would remain in Denver. “I would never leave Denver,” Utter said. She certainly has left…