DevelopmentOfficeTransit

ULC Partners with Adams County to Purchase TOD in Opportunity Zone

COMMERCE CITY — In partnership with Adams County and Commerce City, Urban Land Conservancy (ULC) has purchased the former Adams County Human Services building, now called South Platte Crossing, located at 7190 Colorado Boulevard, to preserve critical community-serving office space. The 4.5-acre property is located directly across from the E. 72nd …

READ MORE →
BrokerageDevelopmentOffice

Crescent Acquires Large Office Portfolio in Colorado Springs

COLORADO SPRINGS — Crescent Real Estate LLC (Crescent), a real estate operating company and investment advisor, has acquired the Patriot Portfolio, a 1.02 million-square-foot office portfolio in Colorado Springs that consists of 13 Class A office buildings in two submarkets. Five buildings are in the North I-25 submarket and eight buildings are in …

READ MORE →
Office

Western Union Completes Relocation to One Belleview Station

DENVER — Western Union has completed the relocation of its global headquarters from Englewood to its new, highly-visible location at One Belleview Station, a Class AA office building located at 7001 East Belleview Avenue in the Denver Tech Center.. According to a press release, the Fortune 500 company estimates making a long-term economic investment …

READ MORE →
ArchitectureOffice

Hord Coplan Macht has New Digs at Dairy Block

DENVER — Hord Coplan Macht has moved its downtown Denver office to Dairy Block, at 1800 Wazee Street. The office move will accommodate the firm’s continued growth. The new 18,000-square-foot office space will house the firm’s 75 employees and six studios. Hord Coplan Macht is an integrated firm offering planning, architecture, landscape …

READ MORE →
ArchitectureDevelopmentHospitalityMultifamilyOfficeRetail

Palisade Partners Plans Complimentary Projects in Five Points

DENVER — Palisade Partners — a Denver-based mid-market real estate development firm focused on developing modern infill projects in Central Denver — plans to build, The Hooper, a nine-story, transit-oriented, mixed-use project at 2602 Welton Street, that will serve as an amenity for the Five Points neighborhood. The building will maximize density …

READ MORE →
BrokerageOffice

Staples Office Building Sells for $12.5M

DENVER – Church Ranch Office Building II, the western regional headquarters of Staples, Inc. in Westminster, has sold for $12.5 million, according to public records. Holliday Fenoglio Fowler, L.P. (HFF) managing director Jules Sherwood and director Nate Perry marketed the property on behalf of a private equity firm based in New York. The …

READ MORE →
ArchitectureDevelopmentFeatureOfficeRetail

Timber, Transit and Technology Office Building Announced for RiNo

By Katie Rapone Following the announcement last week that McCaffery, Hines and Ivanhoé Cambridge purchased a 1.1-acre land parcel at 3500 Blake Street in Denver’s RiNo, the partnership has unveiled their plans for development.  The parcel will be developed into a six-story, 250,000-square-foot T3 (Timber, Transit and Technology) office building that according …

READ MORE →
BrokerageOffice

Premier Class-A Office Portfolio in Colorado Springs Sells for $125.25M

COLORADO SPRINGS – A 13-building, 1,020,654-square-foot Class-A office portfolio, located in Colorado Springs closed on Nov. 13 for $125.25 million. Aaron D. Johnson and Jon D. Hendrickson, managing directors, of Cushman & Wakefield Denver’s Capital Markets group, along with the firm’s New Jersey and New York City office, represented the seller …

READ MORE →
BrokerageDevelopmentOfficeTransit

Redevelopment Parcel in Denver’s RiNo Neighborhood Sells for $11.25M

DENVER – McCaffery Interests, Inc. in partnership with Hines, has purchased 3500 Blake Street in RiNo, a 50,000-square-foot redevelopment parcel located in the heart of Denver’s RiNo. The property closed on Nov. 8 and was purchased for $11,250,000 or $225 per square foot. Drew McManus, managing director, Jim Capecelatro, executive …

READ MORE →
HOK_Polsinelli
BrokerageOfficeReports

Denver Law Firms Adopting More Efficient Space Strategies

DENVER – Law firms in Denver are shedding surplus space, increasing efficiency and migrating across downtown, according to CBRE’s 2018 North American Legal Sector Trends Report. Denver recorded 283,848 square feet of law firm space transactions from Q3 2017 through Q2 2018. Of these transactions, 47.2 percent were contractions, 28.6 percent were expansions, 20.2 …

READ MORE →