New MOB to be Developed at New SCL Health Campus in Wheat Ridge

Denver-based national healthcare real estate developer NexCore Group announced today it will break ground on a new Medical Office Building (MOB) in late 2022, on the new SCL Health Lutheran Medical Campus in Wheat Ridge. Clear Creek Crossing will be a five-story, 130,000-square-foot facility that will be the first medical office building on …


Mile High Trendy Office: Kiewit Regional Headquarters (PHOTOS)

The new Kiewit headquarters in Lone Tree is a central hub and regional campus intentionally designed to accommodate 1,700 employees across different functions of Kiewit’s business, while embracing the company’s culture, showcasing its brand and inspiring its employees. The first state-of-the-art, 252,000-square-foot office building—dubbed K1—is now complete. Upon completion of the second …


Mortenson Breaks Ground on New Hangar Complex at Centennial Airport

Mortenson and Modern Aviation, a growing Fixed Base Operator (FBO) network, providing essential services to the general aviation community in Denver, Seattle and Wilmington, North Carolina, broke ground today on a new hangar complex at Centennial Airport in Centennial. “Mortenson has a long history of supporting the aviation and aerospace industries here in …


LEED Platinum Office Property in Broomfield Sells for $59M

Invesco Real Estate, one of the world’s largest real estate managers, has sold its property 105 Edgeview, a 186,231-square-foot, Class A office asset in the Interlocken Advanced Technology Environment in Broomfield, for $59.1 million. Newmark Vice Chairman John Jugl and Director John Gustafson represented Invesco Real Estate in the transaction to an undisclosed buyer. …


Dunton Commercial Closes on Two Retail Properties

Dunton Commercial, a privately held commercial real estate investment company located in Greenwood Village, recently acquired two retail properties in Colorado, in two separate transactions. Bowles Marketplace In a joint venture partnership with CentrePoint Properties, Dunton Commercial recently closed on the acquisition of Bowles Marketplace, a 155,000-square-foot neighborhood retail center …

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High Quality Office Assets Driving Up Rates in Denver

CommercialEdge just released its September national office report, analyzing the U.S. office market’s performance through August 2021. Average listing rates often reflect the quality of assets being offered in the market rather than underlying fundamentals. A case in point is Denver, where rates have increased 3.3 percent over the last year …


Grand Opening: Kiewit Corporation HQ in Lone Tree

On September 15, Kiewit Corporation, one of the largest construction and engineering organizations in North America, celebrated celebrated the grand opening of the new state-of-the-art 252,000-square-foot building on its new campus at the Lone Tree regional headquarters. The headquarters is a 12-acre campus designed to accommodate approximately 1,700 employees, bringing all …


Cap Rates to Remain Stable Across Property Types Through Year-End

A new CBRE survey finds that more than two-thirds of real estate investors exhibited increased risk appetite in H1 2021. Investors now broadly expect cap rates to remain stable or compress across most property types through the end of the year.  Capitalization rates—usually called cap rates—measure a property’s value by …


Google Acquires Office Space at Rēve Development in Boulder

Furthering its commitment to growing and investing in the Boulder community, Google has purchased the office space at the Rêve development at 30th and Pearl Street. The office space will serve as an extension of Google’s Pearl Place Campus, which is located across the street. “With the acquisition of this …


Taurus Builders to Complete Three New Tenant Spaces in Cherry Creek North

Taurus Builders, a Denver-based full-service commercial construction firm, is working on three tenant spaces at the highly anticipated 240 St. Paul, a six-story, 83,594-square-foot class A office building developed by BMC Investments. BMC has been at the forefront of defining Cherry Creek North, helping to create a high-end, mini-urban community where people can …