JLL Release Q2 2017 Industrial Stats
JLL recently released their Q2 Industrial Stats that indicate a stabilization period is upon Denver, following a period of exponential growth in the industrial market. Rental rates dropped for the second quarter in a row. Though this could be worrisome for landlords, it provides tenants with more leverage when looking for... Read more
DBJ’s CRE Forum: Trends and Insights from Three Industry Experts.
View here The Denver Business Journal held a Commercial Real Estate forum on June 19. Panelists included Pete Schippits, senior managing director and market leader for CBRE in Colorado, Allison Recker, senior vice president of commercial real estate finance at UMB Bank in Denver, and Jay Philp, a partner in the real... Read more
Denver’s Industrial and Office Markets Strong in Q2
View here According to  CBRE’s latest market update, strong population and job growth is supporting Denver’s industrial and office markets in the second quarter of 2017. Industrial remains the strongest — tenants have absorbed more space than they have let go for an unprecedented 29th consecutive quarter — more distribution... Read more
Lab Space is Scarce in Denver
View here According to the latest JLL Life Sciences Outlook for Denver, it’s hard for growing life sciences companies to find available lab space in Denver. According to JLL, the Denver area has 27,666 people employed in the life sciences industry, working at 1,189 establishments, where as Boston — the top... Read more
Nestlé Waters Expanding Denver Facility
View here Nestlé Waters North America is launching a new ReadyRefresh facility — an online shopping and delivery service that provides beverage options directly to the homes of consumers and local businesses — in Denver. The company will add 10,000-square-feet to its existing 350,000-square-foot Denver facility, located at 11700 E.... Read more
Plumbing Company Breaks Ground on New HQ in Broomfield
Broomfield, CO — Ex-Kansas plumbing company, Viega LLC, a manufacturer of plumbing and HVAC equipment, broke ground on its new 55,000-square-foot North American headquarters, along with a 24,000-square-foot training facility in Broomfield, CO. OZ Architecture, an award-winning, national architecture and design firm, was selected by Viega LLC to lead the master planning... Read more
DENVER – Transwestern’s Denver office recently announced Olympic Metals (A Bralco Metals Company), a division of Reliance Steel & Aluminum Co., is developing a new facility in Arapahoe County. Transwestern’s Craig Paton and Craig Bustos sold the current facility in Commerce City and represented Olympic Metals in the land acquisition for its... Read more
Denver Water’s $195M Campus Overhall
View here Construction on Denver Water’s $195 million overhaul of its 34.6-acre campus southwest of downtown is expected to include new conservation techniques. The campus will include landscaping design to capture, hold and filter rainwater on site, to irrigate the landscape. Denver Water is working with Trammell Crow, a real estate developer,... Read more
Colorado Companies Pledge to Support Paris Climate Agreement Despite Trump’s Withdrawal
View here According to the Denver Business Journal, 1,200 business and political leaders have pledged in an open letter to continue their efforts to reduce greenhouse emissions, despite the shocking news that President Donald Trump plans to pull out of the Paris climate agreement. Among the Colorado companies: Western Union... Read more
Denver’s Cannabis Cultivation Grows to 4.2 Million Square Feet
View here Denver’s Marijuana grows occupied 4.2-million-square-feet of industrial space at the end of 2016, up a reported 14 percent since the second quarter of 2015. However, the growth is expected to stabilize due to Denver’s decision to cap the number of grow operations in the city. Read more