CommercialEdge just released its October national office report, analyzing the U.S. office market’s performance through September 2021. While there has been plenty of uncertainty around how remote work will continue in the post-pandemic world, tech giants have signaled that offices will play a significant role in their future through the purchase, construction and leasing of office space. […]
Big Tech Commits to Office, Report Says Read More »
A 220,000-square-foot, Class A distribution center, fully leased to The Home Depot at 1953 N. Gun Club Rd. Aurora—within Prologis Park 70, one of Denver’s premier industrial parks—has changed hands. JLL represented the seller, EverWest Real Estate Investors. The building was part of EverWest’s $3.6 billion in assets under management. This includes a Colorado portfolio
Home Depot-Occupied Industrial Building Sells in Aurora Read More »
It was quite a surprise Tuesday evening when Carlo Ferreira, developer of The Aurora Highlands, donated $100,000 during the Aurora Public Schools (APS) Foundation 9th annual Relentless Gala. Ferreira surprised everyone, including his daughter Carla, the director of Onsite Development of The Aurora Highlands, with his generous donation. During the $1000 paddle raise portion of the fundraiser,
Brian Fitzpatrick Named Vice President and General Manager for Mortenson Denver Mortenson recently announced that Brian Fitzpatrick has been promoted to vice president and general manager of its Denver team, while Gene Hodge will take over leadership of Mortenson’s national innovation and industrialization strategy. “Over the course of his 14 years at Mortenson, Brian has proven
Movers and Shakers Week Ending 10.15.21 Read More »
The Residences at Olde Town Station, a Class A multifamily project in Arvada, will break ground this month. The four-story development features 252 residential units over two levels of structured parking. The project will be enhanced by a mixed-use project south of 56th Avenue across from the Residences, which will include community-focused retail, restaurants, and a
Transit Oriented Multifamily Development in Olde Town Arvada to Break Ground Read More »
International property and construction consultancy firm Rider Levett Bucknall (RLB) has released its latest Crane Index and Quarterly Cost Report. Together, the two documents provide an eye-opening perspective on the North American construction industry in 14 key markets, including Denver. With data current to July 1, 2021, the latest RLB quarterly cost report shows that
New Crane Index and Quarterly Cost Report from RLB Read More »
Corner Square, a multifamily property in Grand Junction, has sold to Colorado-based Brinkman Real Estate for $10 million, which reflects a per-unit price of $208,333. Senior Directors Nick Steele and John Laratta, Director Tyler King, and Associate Director Nate Moyer of Berkadia Denver led the transaction on behalf of the seller, Colorado-based Western Constructors. The team also executed the sale
Brinkman Purchase Multifamily Property in Grand Junction for $10M Read More »
While activity at the beginning of the quarter was slow, September saw a return to the increased activity seen in the previous quarter. However, according to Newmark’s Q3 Denver Office Market report, the rise of the Delta variant has once again brought uncertainty for some tenants. Many have delayed their return to the office, and those in the
Denver Office Market Delays Return as Delta Variant Renews Uncertainty Read More »
BlueScope Properties Group has sold its new, 136,915-square-foot logistics center in a last-mile location at 14353 E. Otero Ave. in Englewood. Terms of the off-market sale were not released. Managing Directors Larry Thiel and Sean Devaney with JLL Capital Markets and Managing Director Carmon Hicks with the JLL Industrial Leasing team represented BlueScope Properties Group.
New Last-Mile Logistics Facility in Englewood Trades Read More »
By Rachael Mountain Budget season is back, and that means juggling competing interests when putting together your 2022 budget proposals. If you’re a commercial property owner, one thing your budget always includes is an estimate for utility expenses. Like death and taxes, utility expenses are a given, right? But what if you could remove this
Reduce Your Utility Expenses This Budget Season Read More »
