The Broe Group Adds The Seasons to its Expansive Cherry Creek Portfolio
The Broe Group has acquired The Seasons of Cherry Creek. The signature Class A, Cherry Creek multifamily community is The Broe Group’s latest addition to its long-term, family-owned Cherry Creek holdings that include award-winning multifamily communities and an expansive Class A commercial office portfolio. “For more than four decades, the Broe …
New Mixed-Use Project Under Construction in Downtown Superior Secures First Tenant
Boulder Baked has leased 1,150 square feet at the new mixed-use project called Origin in Downtown Superior. The local bakery is the first retail tenant to join the under-construction project. Upon completion, Origin at Downtown Superior will include residences, businesses, and outdoor space along Superior’s Main Street. The project has …
CBRE Releases Q2 Reports on Metro Denver Office, Industrial, Retail Sectors
Adding to its Q2 reports on the office and industrial property sectors, CBRE has released more insight into the Metro Denver office, industrial, and retail sectors. Retail availability continues to tighten as tenant demand remains robust, while medical office vacancy rates reached a new low, underscoring sustained demand in the MOB …
Denver Ranks No.10 in CBRE’s Annual ‘Scoring Tech Talent’ Report
According to CBRE’s 2023 Scoring Tech Talent report, Metro Denver ranks No. 10 overall, maintaining its position year-over-year as macroeconomic headwinds slowed tech talent hiring by major tech firms in North America. Overall, the U.S. and Canada added a net 760,000 tech talent jobs since 2020 across established hubs such …
Certus Acquires Renovated Multi-Tenant Office Asset in Broomfield
Cushman & Wakefield recently represented San Francisco-based Graham Street Realty in the sale of Pyramid Pointe, a 120,449-square-foot multi-tenant office building in Englewood. The two-story asset located at 9777 Pyramid Court was originally built in the mid-1990s and partially renovated in 2016 and 2020. The property was 78 percent leased …
Office Sublease Remains Elevated, while Industrial Leasing Activity Underscores its Resilience
CBRE just released its Q2 reports on Metro Denver’s office and industrial property sectors. Office sublease availability remains elevated but a recent decline indicates signs of leveling off. At the same time, a robust industrial leasing activity underscores Denver industrial’s resilience. Q2 2023 Metro Denver Office Highlights After reporting record-breaking …
Denver-Based Hotel Investor Acquires Two Marriott Hotels in Clearwater Beach, FL
Denver-based Mission Hill Hospitality, a leading select service and extended stay hotel investor, has acquired two Marriott hotels located in Clearwater Beach, Florida: the 144-key AC Hotel Clearwater Beach and the 139-key Courtyard Clearwater Beach. Terms are undisclosed. These are the 30th and 31st properties added to the Mission Hill …
EverWest Sells Junction 23 Creative Redevelopment in Denver’s RiNo District
Leading real estate investment advisor EverWest Real Estate Investors has sold its creative workspace property Junction 23, a creative redevelopment completed by the company in the heart of Denver’s RiNo. Connecticut-based Ivy Realty paid $26.35 million, according to public records. Junction 23 is located at 2323 Delgany St., at the corner …
Seller of Apartment Property in Denver’s Cheesman Park Neighborhood Makes $2M Profit
Calibrate Real Estate, a Denver-based real estate brokerage firm, announced the listing and sale of a 3-story apartment building that consists of 18 units across 15,983 square feet in Denver’s Cheesman Park neighborhood. Located at 1220 North Gaylord Street, the property sold for $3.7 million ($205,556 per unit and $231.50 …
W.E. O’Neil Construction Acquires Downtown Littleton Building for its New Colorado Headquarters
W.E. O’Neil Construction Company has purchased 5800 S. Nevada Street in Littleton for $5.6 million. The building will serve as the company’s new Colorado headquarters. W.E. ONeil will occupy the facility in late 2023 and is currently offering its Denver location, 227-229 Vallejo Street, for sale or lease. RC Myles, …