Denver-based Women’s Coworking Community Closes its Doors
As a result of the profound business impact of the COVID-19 Pandemic, Charley Co., a Denver-based women’s-only network and workspace, today announced it is closing its doors permanently. The women’s coworking community was founded in July 2019 and occupied a 5,650-square-foot commercial space inside The Source. “I am deeply disappointed to …
Denver on Facebook Shortlist for New Hubs
Last week, Facebook CEO Mark Zuckerberg publicly streamed a company townhall, in which he laid out some of the strategies the company will be employing going forward, in an effort to continue growth while also adapting to a more remote work force. While existing offices will gradually reopen to welcome back a …
DDP Releases 2020 State of Downtown Denver Report
The Downtown Denver Partnership released today its 2020 State of Downtown Denver Report. The report, funded in part by the Downtown Denver Business Improvement District, is the most comprehensive statistical look at the stories and statistics behind an economically healthy downtown Denver. The Report highlights decades of building downtown Denver …
Navigating a Return to the Workplace
By Katie Rapone, editor. As restrictions are lifted surrounding the global economic crisis of COVID-19, businesses will reopen and organizations will begin to bring workers back into the physical workplace. The safety of their employees is paramount in this process and many companies are looking to the CRE industry to …
The Citadel Building in Cherry Creek Sells for $44M
LA-based CRE investment firm Commonwealth Avenue Capital Partners, LLC (CAC Partners) has acquired The Citadel at Cherry Creek, a 131,000-square-foot, 7-story Class A office property, for $44 million. The building, previously owned by Denver-based Amstar, was fully leased at the time of sale, with anchor tenant New York Life Insurance Company occupying more …
Leasing of Flex Space in Frederick Prompts Neighboring Land Sale
5.03 acres of land located at 4465 Salazar Lane in Frederick, CO has sold for $700,000. In addition, 100 percent of the 12 units at a new 30,000-square-foot flex space in a neighboring area located at 4030 Bruin Blvd, were leased to small business owners including contractors, financial advisor, coffee roaster, pool …
Wells Concrete Opens Innovative Office and Manufacturing Facility in Brighton
Wells Concrete, one of the top five precast providers in the U.S., has opened a new office and production facility located at 2145 East Crown Prince Boulevard in Brighton. The state-of-the-art manufacturing facility will enhance current capability, flexibility, and increase capacity with long line prestressing forms for the Denver market. Wells is consolidating its two …
Online Searches for Office Space Increase in May
According to Google Trends data, the popularity of key search terms for office listings has seen an important drop with the onset of the COVID-19 crisis. However, the last couple of weeks have brought encouraging signs that the market might already be on track for a rebound. CommercialCafe’s latest office …
2,444 SF of Office Space in Denver Sells for $760,000
NavPoint Real Estate Group has completed the sale of a 2,444 SF newly constructed office condo located at 12245 Pecos Street, Unit 3 in Denver, Colorado. Part of the Taiva professional condo development, this unit features refined lines, upgraded designer lighting, polished concrete floors, second floor balcony, and private roof …
Governor Halts Commercial and Residential Evictions
Colorado Governor Jared Polis issued an Executive Order on April 30 that temporarily prohibits the filing of eviction actions and the execution of eviction-related judgments, and bars landlords from charging late fees or penalties for a tenant’s failure to pay rent. Commercial and residential landlords are immediately subject to the …