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Supplemental Assets Sell Office Building in Colorado Springs

Leave a Comment / Brokerage, Office /

Northpark Offices, a 25,913-square-foot office property located at 4465 Northpark Drive in Colorado Springs, has sold for $3 million, according to Skyler G. Cooper, regional manager of Marcus & Millichap’s Denver office. Investors were drawn to the supplemental assets offered with the property, which generated multiple offers during the marketing phase. “The listing included four cell towers, […]

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Spacecraft Manufacturer Leases High-Tech Office/Flex Building in Lafayette

Leave a Comment / Development, Industrial, Office /

Etkin Johnson Real Estate Partners, a full-service, privately owned commercial real estate investment and development company based in Colorado, has secured a long-term lease with Blue Canyon Technologies (BTC), a complete end-to-end spacecraft company and leading small satellite manufacturer. BTC will occupy an 80,132-square-foot office/flex building, located at 2550 Crescent Drive in the Lafayette Corporate

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Denver a Top “Sell” Market for Office Space

Leave a Comment / Office, Reports /

Ten-X Commercial, the nation’s leading transaction platform powering 90 percent of all online commercial real estate sales, just released its Summer 2019 Office Market Outlook which names Denver a top ‘Sell’ market. When compared to Nashville, Dallas, Austin, and Chicago – the four other top ‘Sell’ markets – Denver is expected to experience the most drastic change

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Office Evolution Looks to Service the Front Range with More Colorado Locations

Leave a Comment / Office /

Office Evolution, the largest coworking franchisor in the U.S., is further expanding its footprint in Colorado by signing a development deal that will add to the current 13 open locations in Colorado and now two others in development – one by a different franchisee – in the Centennial State. This coworking business is owned and

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SMPS Colorado Snags Striving for Excellence Award

Leave a Comment / Awards /

The Society of Marketing Professional Services (SMPS) Colorado Chapter received the 2019 Striving for Excellence (SFE) Outstanding Award for an Extra Large Chapter at the national SMPS Build Business conference earlier this month which boasted nearly 1,000 attendees. The SMPS SFE Awards recognize those chapters who significantly advance and enhance professional services marketing and business development through excellent

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NKF Leases Quarter-Million-SF in 8 Months at 76 Commerce Center

Leave a Comment / Brokerage, Industrial /

Newmark Knight Frank (NKF), Hyde Development and M.A. Mortenson Company recently announced the leasing of 232,615 square feet at building 5, the first completed building at 76 Commerce Center, part of a 1.8 million-square-foot, Class A industrial park in Brighton. The development is a joint venture between Hyde Development and Mortenson. Building 5, a 266,240-square-foot bulk warehouse building

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Aurora Apartments Acquistition Marks Second-Highest Multifamily Sale of 2019

Leave a Comment / Brokerage, Multifamily /

Los Angeles-based IMT Capital LLC has purchased The Savoy at Dayton Station Apartments, a 612-unit community located at 3645 South Dallas Street in Aurora, just steps from the Dayton Light Rail Station. This marks one of the largest properties to sell this year, second to the 1,023 units Ivy Crossing sale in April 2019. Los Angeles-based IMT Capital LLC

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Greystar Acquires Site of New Multifamily Project in Denver

Leave a Comment / Construction, Development, Multifamily /

600 Park Avenue W., the site of a new 13-story, 238-unit multifamily complex under construction in Denver’s Five Points neighborhood, has sold for $9.1 million. The Carlton Group, an international real estate investment banking firm, advised the seller, Alsation Multifamily Group, on the investment sales transaction. The property was acquired by Greystar and Alsation will participate with Greystar

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Desirable Cherry Creek Office Building Sells for $55M

Leave a Comment / Brokerage, Development, Office, Retail /

Financial House, a 73,000-square-foot office building located on the North West corner of 2nd and Detroit, at 205 Detroit Street in Cherry Creek, sold last week for $55 million. Denver-based Bow River Capital + BMC Investments sold the 100 percent leased building to Denver-based EverWest Real Estate Investors. Current tenants include: Amazon Books, BLDG Management, BMC Investments, Bow

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2019 is “The Year of the Food Hall”

Leave a Comment / Brokerage, Design, Development, Hospitality, Reports, Retail /

At a time when headlines about the retail sector remain dominated by stories of closures and bankruptcies, food halls have emerged as one of the hottest growth trends — spurring real estate trade journal Globe Street to declare 2019 as “The Year of the Food Hall.” But what began as a trend that was largely

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