Denver Building Boom Reaches $4.2 Billion
Denver, CO – CBRE Research releases their latest Market Flash for the Denver construction market, which is reporting nearly $4.2 billion of commercial building in progress (excluding single-family residential, healthcare and infrastructure projects). Multifamily and hospitality projects are recorded as representing 74% of the total value. Graphic courtesy of CBRE Research
To Spring Forward, CRE Should Look Back
In theory, analysis of market research can prevent the commercial real estate industry from repeating the mistakes of the past. Left unheeded, market research can only provide numbers and statistics. by Julie Wanzer, LEED AP As we “spring forward” into the second quarter of 2016, it can be beneficial to …
E-Commerce Driving Industrial Commercial Real Estate Industry
View here Amazon is set to open their first major hub in Colorado, occupying 452,400 SF of industrial warehouse space of the Majestic Commercenter in Aurora. Majestic Realty Co. expanded the business park with the acquisition of 530 acres back in November of 2015. Majestic Commercenter currently offers 3.5 million SF of …
11,250 SF Industrial Building Sold Arvada
Arvada, CO – NavPoint Real Estate Group announced the sale of an 11,250 SF industrial building at 5355 W 59th Ave in Arvada. The seller was R&M, LLC and the buyer was SCSG, LLC. Heather Taylor of NavPoint Real Estate Group handled this transaction that successfully closed in March 2016. The …
From Classrooms to Class A: Transforming the 20-year Vacant Mapleton High School into Hub 25
Denver, CO – Westfield Company announced today the unveiling of Hub 25, a project that will deliver 421,500 square feet of new, Class A industrial space at the 20-year-vacant site of the former Mapleton High School in Central Denver. The development located on 23.76 acres near the junction of I-25 …