Denver West’s owners sold a medical office building within the 83-acre office park for $5.7 million, or $150.44 per square foot. Denver West MOB LLC, an affiliate of Texas-based Pinecroft Realty, bought Building 55, a 37,890-sf building at 13772 Denver West Parkway in Lakewood, from a partnership of DPC Cos. and Bridge Investment Group. Chris…

As structure, purpose and possibility continue to evolve in commercial building construction, savvy developers have come to recognize the need and benefits of integrating nature’s regenerative powers into the places we live, work and play. Harnessing the power of nature through sustainability and Craftmanship, Platte Fifteen has arrived as a pioneer of progress with a new take on old means.

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Steig SewardVice president, client services and analytics,Colliers International “Lower for longer” and “growing but slowing” have been used to describe the direction of the economy and commercial real estate market in 2020. But are these just catchy phrases used by optimistic economists and brokers, or are they describing a new reality? Historically people have looked…

The first Class A speculative office development in more than a decade in Colorado Springs now has its first tenant. Progressive Casualty Insurance Co. signed an 18,089-square-foot lease at The Offices at Victory Ridge, a two-building, 145,053-sf office and retail development at 10855 Hidden Pool Heights. “The Offices at Victory Ridge is the first Class…

Shorenstein Properties LLC has sold Denver City Center in downtown Denver to an institutional investor for $400 million in one of the largest single-asset sales in Denver history. A fund managed by Brookfield Properties was the buyer. Denver City Center consists of adjacent 42- and 29-story office buildings at 707 and 717 17th St. It…

Western Union sold its former global headquarters buildings in Englewood for $40 million. A Reno, Nevada-based group bought the 391,240-square-foot campus in Meridian International Business Center through an entity called Meridian Office Partners LLC. The campus consists of two buildings, 192,779 and 198,461 sf, at 12500 and 12510 E. Belford Ave. Connected by a basement-level…

A value-add office asset in Uptown Denver drew tremendous activity from investors, ultimately selling to a market newcomer for $25.75 million. ROF IV Grant LLC, managed by Los Angeles-based Regent Properties, bought 1900 Grant from SteelWave. The 136,118-square-foot building was about 45% occupied, providing an opportunity to add value through continued improvements and lease-up. Listing…

Clarion Partners landed a three-building office portfolio in downtown Boulder for $146.3 million, or $621.72 per square foot. The deal included two of the largest office buildings downtown, 1050 Walnut and Canyon Center, along with 1900 15th St. The portfolio totals 235,316 sf. “Downtown Boulder is such a unique market. For someone to come in…