Avison Young Release Q1 Denver Office Market Report

Avison Young’s Denver office has released its first quarter 2021 office market report. Office sales volume reached an impressive $306.4 million in the Mile High City, up 47 percent from 4Q 2020. Market highlights: Office leasing activity totaled 993,039 square feet in 1Q 2021, representing a 13 percent decline quarter-over-quarter (Q/Q) …


East West Partners to Open Office in Steamboat

East West Partners, a Denver-based developer, is expanding to Steamboat Springs, opening a new office to oversee their work as development manager for Steamboat Ski Resort’s Gondola Plaza redesign project and seeking out new projects throughout the Yampa Valley. The partnership with Alterra Mountain Company will be East West Partners’ first project in Steamboat Springs and …


Tepuy Properties Sells Golden Property for $6M

Tepuy Properties, a Boulder-based real estate syndicator and property management company, has sold its 26,208-square-foot building at 1150 Catamount Drive to Golden-based Kodiak Real Estate Group for $6.15 million. Tepuy purchased the office and light manufacturing facility in 2015 for $5 million. Located two miles northwest of downtown Golden, the building boasts quality laboratory …


Small Industrial Property Sells in Littleton

Avison Young recently completed the sale of 1695 W. Sheri Lane, a 7,792-square-foot office/warehouse building located at 1695 W Sheri Lane in Littleton. Vice President Jaimee Keene, who is based out of Avison Young’s Denver office, represented the seller/user, Varela Lane, LLC, an entity of Sara Gabriel, a company specializing …


CRE Appraisal and Consulting Company Signs Lease at Lowry Town Center

Clayton and Company, Inc., a Denver commercial real estate appraisal and consulting company, has leased 1,381 square feet at 200 Quebec Street, Bldg. 600, in Lowry Town Center in Denver. Lowry Town Center is anchored by Safeway along with an exciting mix of both local and national tenants. It is located just …


Denver Among the Most Active Office Markets in the US

COVID-19 brought unprecedented change to the office market and its construction projects, and the office pipeline was doubly challenged by the pandemic. As a result, many companies are reevaluating their office space leases, which will inevitably manifest in office building construction. In light of this, Commercial Café has released its 2021 …


Saint Joseph Medical Pavilion Signs New Tenant

Denver-based SCL Health Heart & Vascular Institute announced today that it will relocate to the new Saint Joseph Medical Pavilion on the campus of Saint Joseph Hospital in Denver. SCL has leased the entire 26,345-square-foot fourth floor of the building, which will include healthcare space along with street-level restaurants and retail. The move …


Peak Innovation Park in Colorado Springs Secures $45M Financing

D.A. Davidson & Co. an employee-owned financial services firm with an office in Denver, has sold approximately $45 million of limited tax general obligation senior and subordinate bonds for the continued development of Peak Innovation Park, a 900-acre commercial development located at the entrance to the Colorado Springs Airport. The financings will …


Santulan Architecture Announces New Brand, New HQ

Denver architecture and design firm Parikh Stevens Architects has rebranded as Santulan Architecture. The firm’s new name is derived from Sanskrit for ‘well-balanced,’ a nod to the firm’s longstanding reputation for producing multifamily and mixed-use projects that achieve an optimum balance of art and science. “Our new name speaks to …


Colorado Credit Union Branch to be Converted to Medical Office

Avison Young has brokered the sale of an 8,000-square-foot office property located at 8331 Continental Divide in Littleton. The property was formerly a Colorado Credit Union branch and headquarters and will be transformed into a pediatric medical office. The property sold for an undisclosed price. Avison Young Principal Rick Egitto, …