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Granite Properties Closes JV Equity with Long Wharf Capital for First Avenue Plaza 

Leave a Comment / Finance, Office /

Granite Properties, a commercial real estate investment, development and management company, has closed joint venture equity with Long Wharf Capital for First Avenue Plaza. Spanning an entire block, the complex consists of 44 Cook Street, a 10-story, Class-A, 127,000-square-foot building and 55 Madison Street, an 8-story, Class-A, 137,000-square-foot building. Long Wharf will own 50 percent interest in the two-building […]

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Industrial Outdoor Storage Lot Sells for $8M

Leave a Comment / Brokerage, Industrial, Self Storage /

Gordon Storage recently sold a 10-acre industrial outdoor storage lot, known as AAA RV and Boat Storage, located at 5775 Tennyson in Arvada, to OUTOUR ACQUISITIONS LLC, a Delaware limited liability company. The property closed on May 31, 2022, for $8.05 million. Jason White and Nick Steitz of JLL served as the seller’s representatives. The

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Movers and Shakers Week Ending 07.15.22

Leave a Comment / Movers and Shakers /

Carl Pratt Named General Manager of The Elizabeth Hotel The Elizabeth Hotel announced that Carl Pratt is now serving as general manager of the Colorado hotel, which is a member of Marriott’s Autograph Collection and managed by Sage Hospitality Group. Sage Hospitality has also appointed Daniel Birnstiehl as director of operations at the award-winning hotel. Pratt

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Denver No.10 for Tech Talent in CBRE’s Annual ‘Scoring Tech Talent’ Report

Leave a Comment / Reports, Technology /

Today marks the official launch of CBRE’s 2022 Scoring Tech Talent Report, which ranks the top 50 markets in North America for tech talent. Denver jumped two spots to No.10 in this year’s ranking, due in part to strong tech talent job growth over the past five years. The U.S. added a net 136,000 tech talent

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Goettsch Partners Opens Denver Office at the Triangle Building

Leave a Comment / Architecture, Design, Development, Office /

Global architecture firm Goettsch Partners (GP) recently opened a new office in LoDo at the Triangle Building, across the street from Denver Union Station. The new office brings support to local projects while positioning the firm for strategic growth in the West. “We are very pleased to bring our commitment to design quality, technical expertise and

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PepsiCo Acquires 152 Acres for the Construction of 1.2M SQFT Manufacturing Facility

Leave a Comment / Architecture, Construction, Development, Industrial, Land Sales, Sustainability /

PepsiCo Beverages North America (PBNA) has acquired nearly 152 acres of land at the Denver High Point development area where it will build a state-of-the-art, 1.2 million-square-foot manufacturing facility that is set to be the largest, most sustainable PepsiCo Beverages North America plant in the U.S. PepsiCo purchased the site from Westside Investment Partners for an undisclosed

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Elevated Promenade Opens at Denver’s RiNo ArtPark

Leave a Comment / Architecture, Design, Development, Landscaping /

A new elevated promenade adjacent to the South Platte River is the latest addition to RiNo ArtPark. Opening to the public on July 14, the 400-foot-long platform wends its way beside the river, offering verdant views of the park, waterway and surrounding neighborhoods for seated and strolling visitors. The promenade was designed by Tres Birds,

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Denver Office Construction Rebounds in Q2 and Industrial Lease Rates Increase

Leave a Comment / Industrial, Office, Reports /

CBRE just released its Q2 reports for metro Denver’s office and industrial sectors. Significant rent growth can be attributed to the industrial market’s sustained success, while the office construction pipeline strongly rebounded this quarter with seven properties breaking ground. Metro Denver Q2 Office Highlights Leasing momentum continued in Q2 2022 with 1.1 million sq. ft. of deals transacted—marking

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Cresa Managing Principal, Paul Herzog, Raises $76,000 for the Brain Injury Alliance of Colorado

Leave a Comment / Advisory, Charity, Events /

Paul Herzog, managing principal of Cresa and Brain Injury Alliance of Colorado (BIAC) board member, recently hosted Cathleen’s Cause Golf Tournament benefiting the Brain Injury Alliance of Colorado. BIAC is a non-profit organization that provides guidance, resources, support, and education to survivors of brain injury, their families and providers. The funds raised at Cathleen’s Cause Annual

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