Schnitzer West to Bring First Office Development to Downtown Westminster
The City of Westminster is partnering with Schnitzer West, a well-established developer focused on urban-suburban markets in the Seattle and Denver regions, to build 650,000 square feet of office on two sites in downtown Westminster. “With the continued growth of companies along the Denver-Boulder corridor, downtown Westminster is located directly …
Latest CBRE Report Shows Diverse Activity Across Denver’s CRE Sectors
Metro Denver’s office, industrial and retail commercial real estate sectors all posted strong positive net absorption in the third quarter of the year, according to CBRE’s latest quarterly reports. The market recorded more than 1.4 million square feet of incremental new space occupied in Q3 2019, supported by strong leasing activity …
Kieding Completes Independent Plaza Lobby Makeover
Kieding, a Denver-based interior architecture and design firm has completed the renovation of the 8,700 square foot Independence Plaza lobby. Built in 1972, the Class A LEED Gold Certified building spans 25 floors at 1050 Seventeenth Street, Denver. Although the building has been well-maintained, the lobby needed a modernization to compete with other …
Dunton Commercial Acquires Vacant Toys R Us in Colorado Springs
Dunton Commercial has closed on its second acquisition of 2019. Dunton, along with Hampton Partners, have acquired the vacant Toys R Us and adjacent office building located at Academy Blvd and Galley Rd in Colorado Springs. “This is a very exciting opportunity to drastically improve one of the best corners …
Broe Real Estate Group to Convert Littleton Office Building into MOB
Denver-based Broe Real Estate Group has acquired a 41,030-square-foot office building located on 4.66 acres at 1501 W. Mineral in Littleton. Broe plans to convert the building into medical office and is actively pursuing medical tenants for the property. Jeff Wood and Monica Wiley from CBRE represented the seller, WorldVenture, a Christian missionary organization, …
Background-check Tech Company Signs Long-term Lease in Denver for Second HQ
According to the Denver Business Journal, San Francisco-based background-check tech company Checkr, has signed a long-term lease for more than 92,000 square feet of space at the 18th Street Atrium, a 100-year-old building at 1621 18th St. in the Union Station neighborhood. Founded in 2014, Checkr has been widely recognized …
Two New Tenants Sign Large Industrial Leases at Eastpark 70 Industrial Park in Aurora
Two new companies have signed large industrial leases in the recently completed Building 2 and Building 3 at Eastpark 70 Industrial Park in Aurora. Stephen Gould Corporation and a confidential e-commerce retailer are joining the Class A industrial park located just southeast of the intersection of I-70 and Tower Road. CBRE’s Todd Witty …
R&R Engineers Relocates to 21st-Century Designed Workspace in Lincoln Park
R&R Engineers – Surveyors, Inc., one of Denver’s leading land surveying and civil engineering firms, operating primarily in the Rocky Mountain Region, is relocating its headquarters to a newly designed office located at 1635 W. 13th Ave., Suite 310, in the burgeoning Lincoln Park neighborhood. Established in 1988, R&R has operated continuously in …
Denver Adds 15.8M SQFT of Office in 10 Years
The latest COMMERCIALCafé study looks not only at how much office space 20 of the top U.S. markets have added in the past 10 years, but also at where this space was added — CBDs vs. urban vs. suburban areas. Using data provided by Yardi Matrix, the study identified properties with …
Platteville Office Building Leased to Occidental Petroleum Corp. Sells for $32.5M
Platteville Energy Partners has sold its 114,524-square foot, two-story office building located at 501 N. Division Boulevard in Platteville to an undisclosed buyer for $32.5 million, or $282 per square foot. The two-story office building is 100 percent leased to Occidental Petroleum Corporation (formerly Anadarko Petroleum Corporation) as a mission critical operations center in …