The NAIOP CRE Sentiment Index, based on a survey of real estate practitioners, has dropped below 50 for the first time since its inception, indicating that unfavorable CRE conditions are expected in 12 months. However, because the survey was conducted March 11-25, as the nation was rapidly reacting to the COVID-19 pandemic, the long-term outlook
NAIOP Sentiment Index Indicates Unfavorable Conditions Read More »
By Katie Rapone, editor, Mile High CRE In a letter to Mayor Michael Hancock, the Downtown Denver Partnership has proposed plans to temporarily shut down streets in nine of Denver’s popular neighborhoods, to allow retail and restaurants to utilize sidewalk and street space during the pandemic. According to the DDP, Denver restaurants reported a 76
Denver to Consider Rapid Activation of Commercial Streets Read More »
Design Workshop Announces 2020 Principal & Associate Promotions Design Workshop, an international landscape architecture, planning and urban design firm, has promoted three people in its Denver office. Chris Geddes was promoted to principal, Jamie Fogle was promoted to technical principal, and Alex Hill was promoted to associate. “While COVID-19 has us all working from home, we remain committed to recognizing
Movers and Shakers Week Ending 05.15.20 Read More »
Highland Development Company (HDC) is preparing to unveil its latest waterfront community in Denver. Berkley Shores is nestled between Berkeley and West Highlands, adjacent to Lake Pomponio and Clear Creek Valley Park, providing residents with a relaxing retreat from downtown Denver while still maintaining quick access to the city. The community boasts 89 single family and
Local Developer Unveils Waterfront Community Read More »
According to Google Trends data, the popularity of key search terms for office listings has seen an important drop with the onset of the COVID-19 crisis. However, the last couple of weeks have brought encouraging signs that the market might already be on track for a rebound. CommercialCafe’s latest office study asked CommercialCafe and PropertyShark visitors
Online Searches for Office Space Increase in May Read More »
According to a whitepaper published by Black Creek Group, an experienced real estate investment management and development firm with an office in Denver, today’s bear market paired with a low rate environment have exposed the shortcomings of traditional portfolio construction, and investors need new investment options to achieve positive long-term results. A portfolio inclusive of
Investment in Private Real Estate Could Help Weather the Storm Read More »
Cushman & Wakefield recently brokered the sale of a freestanding industrial building in Lakewood. Located at 12290 W. Alameda Dr., the 4,465-square-foot building is situated on 1.55 acres and sold for $1.465 million or $328/sf. The seller was 1st Electric Investors LLC and the buyer was 3bar Denver LLC, an owner/user that will use the
Lakewood Industrial Property Sets Record Price Per Square Foot Read More »
Today, the U.S. Green Building Council (USGBC) released a bold new strategy to support economic recovery as the country works to flatten the COVID-19 curve. Called Healthy People in Healthy Places Equals a Healthy Economy, the strategy outlines immediate and long-term actions to support buildings and communities in a post-pandemic world. It is based on the idea
USGBC Launches Global Economic Recovery Strategy Read More »
In the wake of the COVID-19 pandemic, Breckenridge Grand Vacations (BGV) owners, Mike Dudick, CEO, and Mike Millisor, immediately sought out the best new solution that would largely eliminate the possibility of human error from a consistent clean, to ensure the safety of owners, guests and employees at their resorts in Breckenridge. They found their answer
Breckenridge Grand Vacations Sets New Standard of Cleanliness Read More »
By Bob Mooney, senior architect, The Neenan Company The healthcare industry is grappling with countless challenges in light of the COVID-19 pandemic, from the influx of patients creating capacity concerns for facilities to an overworked workforce and a limited supply of medical equipment. Many areas of the business are feeling the strain — but a collective response from
Healthcare Design Solutions to Prepare for a Pandemic Read More »
