Downtown Denver Development Map Highlights $4.4B in Total Investment Since 2011
Denver, CO – The Downtown Denver Partnership has released the 2016 Downtown Denver Development Map detailing projects that have been completed or are currently under construction since January 2011. Currently, $4.4 billion of total investment in development has been completed or is under construction in Downtown Denver, totaling 73 projects,... Read more
HFF Arranges $25.9M in Construction Financing for Loveland Office Building
Denver, CO – Holliday Fenoglio Fowler, L.P. (HFF) recently announced that it has arranged $25.991 million in construction financing for the development of Rangeview V, a 120,000-square-foot, single-tenant office building in Loveland, Colorado. McWhinney was the developer for the property. HFF worked on behalf of the borrower, RVABTS, LLC,... Read more
Market Perspective: Why Mixed-Use Developments So Popular?
View here Mixed-use developments have dominated the commercial real estate market in the past few years and continue to sprout up all over the metro Denver area. From the Steam on Platte to DriveTrain to Dairy Block, mixed-use developments are revitalizing neighborhoods in Denver, adding pedestrian-friendly spaces with office, retail,... Read more
Denver’s Skyline Office Space Commands Top Dollar, But Moderate Rent Growth Expected
Denver, CO – Rents for the office buildings that make up the Denver’s skyline have jumped into record territory in 2016 — an average of $40.06 per square foot, 9.7 percent higher than the first quarter of 2015. Rents for trophies (those ultra-premium office towers within the Skyline) are... Read more
Starwood Capital Group & East West Partners Sell 16 Chestnut Project In Denver
Denver, CO –  Leading global private investment firm, Starwood Capital Group, through a controlled affiliate, and East West Partners, a Denver-based developer, announced today the sale of their 16 Chestnut project in Denver’s Union Station neighborhood to Invesco Real Estate. Under the undisclosed terms of the transaction, in addition... Read more
Former LSI Logic Building in Southeast Fort Collins Sold $5.65M
Fort Collins, CO – CBRE Group, Inc., recently announced the $5.65 million sale of the former LSI Logic (now Avago) building located at 2001 Danfield Court in Fort Collins, Colorado. Peter Kast of CBRE Fort Collins and Ham Southworth of CBRE Palo Alto represented the seller, LSI Corporation of Milpitas,... Read more
Denver South Economic Development Partnership: Quarterly Economic Summary
Denver, CO – Economic indicators in the Denver South* region improved through the first quarter of the year with rising employment, falling unemployment rates, and an improving commercial real estate market. Employment in the Denver South region increased 3.3 percent in the fourth quarter of 2015 compared with the prior year,... Read more
Hyder Wraps Up the New FirstBank Headquarters Office Building
Denver, CO – Hyder Construction has completed the new $34 million two-phased FirstBank Headquarters Office Building. The first phase was a new 600-stall precast concrete parking garage behind the office, and the second was a 126,000 square-foot Class A office building. Project highlights include a top-of-the-line board room, fitness center,... Read more
2 Multi-Tenant Office Buildings Sold in Lakewood
Denver, CO – Pinnacle Real Estate Advisors, LLC is pleased to announce the sale of 7500 West Mississippi Avenue located in Lakewood, Colorado. The multi-tenant office properties total 49,152 SF and were built in 1976. The building is located just off Wadsworth Boulevard near the Belmar Shopping Center. The... Read more
NGKF Capital Markets Represents Seller in $78.5-Million Portfolio Sale
Denver, CO —NGKF Capital Markets is pleased to announce the $78.5-million sale of 345 Inverness Drive South and Arapahoe Business Park by Hines REIT. The sale, comprising ten buildings total, is the largest office/flex-only portfolio sale in Colorado in the past decade. With a combined total of 484,737 rentable... Read more