8% Increase in Flexible Workspace Supply in Denver
DENVER — Supply of flexible office space has increased by 8 percent in Denver as businesses of all sizes look to secure agile office space in prime locations, according to a report by Instant Offices. Significant demand for serviced offices, and in particular hybrid space, has seen average desk rates …
Colorado Springs Office Building Occupied by Booz Allen Hamilton Sells for $9.15M
COLORADO SPRINGS – A Class A two-story 51,770-square-foot office building located at 745 Space Center Drive, currently occupied by Booz Allen Hamilton Inc., an American management and information technology consulting firm, was sold on April 12 for $9,150,000, or $177 per square foot, to a private individual. Aaron D. Johnson and Jon …
Savills Releases 2019 Q1 Office Market Report
DENVER — Office availability continues to tighten in the Mile High City as asking rents maintain an upward trend, according to Savills’ 2019 Q1 Office Market Report. Overall space availability in Denver continues to decline, ending the quarter at 16.9 percent — a 180-basis-point decrease year-over-year. There is currently 3.5 million …
Corporex Colorado Pursues Renovation of 188 Inverness and Development of Adjacent Land
DENVER — Corporex Colorado, a Denver-based developer, has announced plans to renovate its eight-story, Class A office asset 188 Inverness, as well as the development of the adjacent land site, 180 Inverness, located on the highly visible Inverness Drive West corridor. Newmark Knight Frank (NKF) Executive Managing Directors Jason Addlesperger and Dave Lee, Senior …
Denver the 6th Market for Office Completions in 2018
DENVER — In 2018, the top 40 markets — including Denver — for office deliveries added roughly 76 million square feet of new office space and scheduled completions for this year are expected to add a further 115 million square feet to the U.S. office market, according to a CommercialCafé …
JVA, Incorporated Announces Denver Office Expansion
DENVER — JVA, Inc., a structural, civil, and environmental consulting engineering firm, recently announced the expansion of its office location in Denver. The JVA Denver office opened in 2015 and is prominently located in the Writer Square Building at the corner of 16th and Larimer Streets. This recent expansion adds 15 work stations, a second conference room, …
Two Suites in Downtown Fort Collins Sell for $1.05M
FORT COLLINS – Cushman & Wakefield recently announced the investment sale of Suites 206 and 208 within Opera Galleria, an 83,869-square-foot historic building located at 123 North College Avenue in Fort Collins. Recently renovated last year, Suites 206 and 208, are comprised of 4,523 total square-feet and sold to a local investor …
Workplace Wellness: Inside Hord Coplan Macht’s New Denver Office
By Lyn Eller, AIA, LEED AP, principal, Hord Coplan Macht It is growing ever easier for employees to spend less time in the workplace as the ease of remote computing and working from home increases. This is a challenge for collaborative firms like ours, and one that Hord Coplan Macht has taken …
Novel Coworking Purchases 2nd Denver Location
View here Chicago-based Novel Coworking has purchased a 17-story building in downtown Denver location at 1801 Broadway for $40.2 million. The 197,753-square-foot building, called Trinity Place, features 17 floors of workspace as well as La Loma Restaurant and a Bank of Colorado branch. Novel plans to build out to 70,000 square …
64-acre Mixed-use Development Opportunity in Colorado Springs
COLORADO SPRINGS — CBRE is marketing a 64.22-acre mixed-use development opportunity adjacent to Peterson Air Force Base on behalf of Powers and Airport LLC, a partnership between Signature Realty Capital Corp., a California-based real estate development and investment firm and Stillwater Equity Partners LLC, a Utah-based real estate development and asset …