Industrial developers, brokers and investors in the Denver area should hire Tony the Tiger as their spokesman. That’s because the local industrial market, to borrow the catchphrase of the iconic cat that pitched Kellogg’s Frosted Flakes, is “GRREAT!” That’s not hyperbole. “In the big picture, I think it is incredible,” said industrial broker Jeremy Ballenger.…

Michael Komppa began developing commercial real estate in Colorado in 1982 and founded Corum Real Estate Group in 1986. That timeline alone tells you that Komppa has experienced firsthand the booms and busts of Denver’s office market. Today, the office market is looking pretty good, especially with a flurry of recent lease deals absorbing some…

Clickbait. The clock is ticking on an online auction to buy 59 acres of high-profile, transit-oriented development land being sold by Uncle Sam. Sort of. The GSA is auctioning this prime site in Lakewood online, but the auction faces some headwinds. The current deadline for the auction for the land in the Denver Federal Center…

Five minutes from everywhere. “We spent quite a bit of time driving, biking and walking from here and it was amazing whether you were going to Washington Park, Cherry Creek or downtown, everything was five minutes away,” Walter Armer told me on a tour of Denver’s newest, biggest and possibly the most expensive apartment community…

Going forward, Brian Watson could envision someone buying a starter home in Stapleton, continuing to move up to a bigger and more expensive home, with the final stop in their lifelong real estate cycle at the just opened Balfour at Stapleton senior care center. “Absolutely,” said Watson, chairman and CEO of Northstar Commercial Partners, owner…

The Denver Post celebrated its 125th birthday on Tuesday. “We’re proud of our history and our accomplishments over the past 125 years,” Mac Tully, president and CEO of the Denver Post wrote in a missive published in a special wrap-around section of the newspaper that included a copy of the first edition of the paper,…

Once again, Zocalo Community Development Inc. has brought home the Gold. The Denver-based developer’s Coda Apartments in Cherry Creek has been awarded the LEED Gold certification from the U.S. Green Building Council. The 12-story, 185-unit apartment tower opened a year ago at First Avenue and Steele Street. Susan Maxwell stands in front of the Coda,…

Water. While much has been written about affordable housing and the acute labor shortage, as pressing as these problems are, they take a backseat to water. Without water, development and growth in a semi-arid region like the Front Range, grinds to a halt. But water, like the ever-changing weather in Colorado, seems to be something…

Daniel Murphy is calling it quits after almost a half-century in the commercial real estate world. “It is kind of bitter sweet, as you can imagine,” Murphy, a senior principal of Denver-based Continuum Partners told me on Monday afternoon. “I turned 70 in May. It is just time. It is just time.” Dan Murphy, second…

The construction labor shortage crisis along the Front Range is poised to get worse. Commercial real estate industry officials anticipate needing about 50,000 more qualified people in the trades during the next year. “That’s pretty significant,” said Karla Nugent, chief business development officer at the Weifield Group. Construction workers last year are shown working on…