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Denver Industrial Market Posts Record-Breaking Year Across Multiple Metrics

Leave a Comment / Industrial, Reports /

In Q4 2021, the Denver industrial market recorded record-breaking stats across all metrics, according to CBRE’s Q4 report on Denver industrial. Vacancy and Availability The total availability rate continued to compress in Q4 2021, falling 192 bps year-over-year to 7.5%. Direct vacancy fell to 5.4%, a decline of 117 bps year-over-year. Despite increased supply, these […]

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Omicron Causes Further Delay in Return-to-Office

Leave a Comment / Construction, Development, Office, Reports /

While the summer of 2021 was marked by increased optimism regarding a fall return to the office, the emergence of the Delta and Omicron variants put plans on hold for the foreseeable future. When a return to the office does finally happen, office utilization will look much different than it did two years ago. CBRE’s

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Colorado Landlords Received the Most Rent Payments in 2021, Survey Says

Leave a Comment / Multifamily, Rent, Reports /

In 2020, as expected, landlords receiving full rent payments gradually decreased month over month as the pandemic surged. However, in 2021, reflecting improving economic and public health, landlords receiving full rent payments began to recover and trend upwards. In order to look at this trend more closely, TurboTenant has released its State of the Rental

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Denver-Based Choice Market to Launch Mini-Market on Anschutz Medical Campus

Leave a Comment / Development, Healthcare, Hospitality, Retail /

Denver-based Choice Market and Health Hospitality Partners (HHP), based in St. Louis, will bring the first retail market in a healthcare setting to the University of Colorado Anschutz Medical Campus. The mini-market and specialty kitchen will be geared toward on-the-go healthcare workers, students, faculty, and staff. “We couldn’t be more excited to announce this partnership with HHP

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103-Unit Affordable Multifamily Property in Glendale to be Renovated

Leave a Comment / Multifamily, Renovation /

Kairos Investment Management Company (KIMC), a firm that focuses on value-based real estate investments with favorable risk/reward characteristics, has acquired Forest Manor Apartments, a 103-unit affordable multifamily property in Glendale, As part of KIMC’s value-add strategy with affordable housing, the company plans to renovate the asset by implementing interior and exterior upgrades aimed at elevating

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Multifamily Portfolio Near Swedish Medical Center Sells for $15.35M

Leave a Comment / Brokerage, Multifamily /

Berkadia — a joint venture of Berkshire Hathaway and Jefferies Financial Group — has announced the off-market sale of the Swedish Portfolio, a three-property, 79-unit multifamily portfolio in Englewood, for $15.25 million. The sales price reflects a per-unit price of $193,038. Senior Directors John Laratta and Nick Steele, Director Tyler King, and Associate Director Nate Moyer, all of Berkadia Denver, led

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Movers and Shakers Week Ending 01.14.22

Leave a Comment / Movers and Shakers /

CBRE Announces Three Promotions in Colorado CBRE announced that three professionals in its Colorado offices have achieved honorary title promotions. Based in Denver, Dann Burke is promoted to senior vice president. Mr. Burke specializes in healthcare-related real estate transactions and medical office properties across the Denver metro area and greater Colorado Front Range. He has

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Houston-Based General Contractor Sets Sights on Denver

Leave a Comment / Construction, Office /

Arch-Con® Corporation, a general contractor for commercial construction headquartered in Houston, is taking root in Denver with the purchase of an office building for its Colorado operations in the Cherry Creek area, located at 131 Madison Street. “Denver is a consistently dynamic commercial real estate market,” Arch-Con Founder Michael G. Scheurich said. “Therefore, we wanted to invest in

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ISEC, Inc. Wins AGC ACE Award for 2021 Best Building Project

Leave a Comment / Awards, Construction, Development, Engineering /

ISEC Inc., a national construction contractor dedicated to delivering innovative interior finish solutions through more than 1,500 exceptional trades professionals, has been named the Best Building Project – Subcontractor – Non- MEP (Over $2 Million) for their work on McGregor Square in Denver. The ACE awards for Construction Excellence are given to projects based on overcoming challenges, excellence in

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