Denver-based Central Development LLC will develop a 150,000-square-foot speculative industrial building as part of a new Class A business park in Centennial. Encompass Business Park will be developed on 64 acres of land on the east side of South Potomac Street, between East Arapahoe Road and East Fremont Avenue. It will include both speculative and…

SteelWave has entered a joint venture with the owner of an uptown office asset that is a prime candidate for repositioning. The Capitol Center comprises a 133,400-square-foot multitenant office tower at 225 E. 16th Ave. that is 69 percent leased and a 22,857-sf building at 1600 Sherman St. leased to The Colorado Trust. SteelWave and…

Denver County Property Location: 2200-2220 California St., Denver Property Description: 18,614-sf commercial building with five drive-in doors, 16’ clear, YOC 1920, masonry construction (to be fully renovated) Land Size: 18,893 sf Sales Price: $3M, or $161.17 per sf Reception No.: 2016067571 Closing Date: 5/24 Grantor: WEJ 2015 Charitable Remainder, William E. Jackson, tr., 303-377-7758 Grantee: 550…

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CBRE Group Inc. announcedthe closing of the first tranche of a multistate, 52-building medical office portfolio on behalf of Colorado-based Catholic Health Initiatives for $324 million. In total, the portfolio, which is expected to close in its entirety by year-end, is valued at approximately $700 million. According to Real Capital Analytics Inc.’s Medical Office Building data,…

Portman Holdings, developer of the mixed-use Union Tower West in Denver’s LoDo area, announced that law firm Husch Blackwell will lease 36,272 square feet of office space at Union Tower West, scheduled to open December. Union Tower West is Portman’s first development in Denver. It will contain 100,000 square feet of office space above the…

First-quarter highlights Biomet Inc. and CoBiz Financial were among the top office lease transactions completed in the first quarter.[vc_column width="1/3"][vc_column width="1/3"][vc_column width="1/3"]

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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…

Colorado Springs office market starts 2016 strong The Colorado Springs office market started 2016 strong with a total net absorption of 119,532 square feet, according to a first-quarter report by Quantum Commercial Group Inc. The firm also reported on several other sectors' performance in the first quarter.[vc_column width="1/3"][vc_column width="1/3"][vc_column width="1/3"][vc_column width="1/3"][vc_column width="1/3"][vc_column width="1/3"]