Denver’s Medical Office Market Shows Signs of Resiliency in First Half of 2020

While the MOB market did soften as expected following the onset of COVID-19, strong preleasing is cause for optimism. According to CBRE’s biannual report on the Denver medical office building market, which covers the first half of 2020, three projects totaling 124,000 square feet were delivered in the first half …


Behavioral Health Clinic Signs 8 Office Leases Across Front Range

LifeStance Health, Inc., a national behavioral health clinic, has signed eight new office leases and one expansion across the Front Range. The transaction totals 32,597 square feet. CBRE’s Matt Patyk, Melanie Davis, Annah Moore, and Emmett Purcell represented LifeStance Health in the transactions. “The expansion of LifeStance to new offices across Colorado has been welcomed …


Children’s Medical Center to Join New Saint Joseph Medical Office Pavilion in Denver

Children’s Medical Center (CMC) has pre-leased 8,699 square feet at Saint Joseph Medical Office Pavilion, a new medical facility delivering fall 2020 at 1818 Ogden Street in Denver. CBRE represented the developer, Fidelis Healthcare Partners from Dallas, Texas. CMC will relocate from its current location at 1625 Marion Street in the first quarter of …


Broe Real Estate Signs Eye Care Industry Leader to Anchor New MOB Concept

Denver-based Broe Real Estate Group (BREG) has signed Colorado Eye Consultants, formerly known as Corneal Consultants of Colorado, to anchor its new medical building located on 4.66 acres at 1501 W. Mineral Ave., Littleton. BREG acquired the property in October 2019 and is actively converting the traditional office building into …

BrokerageHealthcareSenior Housing

Portfolio of Skilled Nursing Facilities Receives HUD Financing

Senior and long-term care management company Madison Creek Partners, has received $16,408,000 in financing for three skilled nursing facilities in central Colorado. The portfolio is comprised of Pioneer Health Care Center, a 29-unit facility in Rocky Ford, Paonia Care & Rehabilitation, a 28-unit facility in Paonia, and Glenwood Springs Health Care, a 29-unit facility …


Mortenson to Develop SCL Health Anchored MOB in Arvada

Mortenson Development, Inc., has partnered with real estate investment management firm Seavest Healthcare Properties, LLC to develop a new 43,732-square-foot Class A medical office building at the intersection of West 91st Place and Candelas Parkway within the rapidly growing Candelas master-planned community in Arvada. The project team anticipates breaking ground on the new …


Multi-Tenant Medical Office Investment Sells for $4.8M

A 30,021-square-foot Multi-Tenant Medical Office investment located at 155 Printers Parkway, in Colorado Springs, has sold for $4,845,000. Constructed in 1999, the property was recently updated to include upgraded lobby finishes with flexible floorplates that can accommodate a variety of tenants. The property also features ample parking and a diverse tenant mix, as …


Three-Building Medical Plaza Sells in Colorado Springs

MBRE Healthcare, a full-service real estate company that acquires, develops, leases and manages healthcare real estate across the U.S., has closed on the sale of Union Medical Office Plaza, a 149,428-square-foot, three-building medical office campus in Colorado Springs. The sale price was not disclosed. Union Medical Office Plaza consists of 1625, …


Healthcare Design Solutions to Prepare for a Pandemic

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 …


Architect of the Month: Rachael Johnson, AIA, SmithGroup

Colorado native Rachael Johnson, AIA, EDAC, is an architect at SmithGroup, a 1300 employee, integrated design firm with 15 offices in the U.S. and China, including the firm’s newest office in Denver—a welcome base in the Intermountain West, better positioning the firm to serve regional clients that include the University of …