DMCAR Pays Tribute to CRE “Heavy Hitters” Including Broker of the Year
On March 16, DMCAR honored its top commercial real estate producers of 2022 at the association’s annual Heavy Hitters Awards. In addition, the association honored its Broker of the Year and introduced the inaugural winner of its DMCAR Project of the Year award, as well as office, retail and industrial deals of …
Architecture and Engineering Firm Signs Lease at Park Central Tower
Gresham Smith, a top-ranked national architecture and engineering firm with more than $290 million in annual gross revenue, has signed a long-term, 8,000-square-foot lease at Park Central tower, located at 1515 Arapahoe St. in Denver’s central business district. Design and construction of the new space is underway and the firm expects to move …
Henderson Companies Opens Downtown Denver Office
Henderson Companies, the parent company of Henderson Engineers and Henderson Building Solutions, has opened a Denver office within the historic Ghost Building located at 800 18th Street, Suite 200, in downtown Denver. The 4,801-square-foot space will house 15 employees and is the company’s 13th national office location. While Henderson has …
Colorado Ranks 8th in Top 100 Most Expensive Office Submarkets
According to a new report on the Most Expensive Office Submarkets of 2022, Colorado ranks 8th nationally. Using CommercialEdge market research data, Property Shark ranked the most expensive office submarkets in the U.S. based on their average sale price per square foot in 2022. Colorado contributed with four entries to …
Denver in Top 10 Leading Markets for Coworking Spaces & Square Footage
CoworkingCafe has released its state of the coworking industry report, for which researchers leveraged the most recent proprietary data (March) in order to break down the coworking space stock availability in the 25 largest markets, as well as their size and distribution. Denver’s coworking spaces match the dynamism and eclectic feel …
Sherman & Howard Expands Office Lease at Block 162
Only 15 months after their initial occupancy at Block 162, the office tower’s first major tenant Denver-based law firm Sherman & Howard L.L.C. has expanded their current lease of nearly 60,000 square feet by more than 20 percent to include an additional 12,049 square feet. Located at 675 15th Street, between Welton and California Streets in downtown’s …
Real Estate investment Firm BH3 Management Launches Growth Equity Strategy
BH3 Management, a vertically integrated real estate investment manager, operator and developer with offices in Denver, Fort Lauderdale and New York, has expanded into growth private equity. BH3 Growth Equity will provide capital to operating businesses within the real estate, construction and adjacent sectors and add value through BH3’s extensive industry …
Unico Announces Interior/Exterior Improvements, Two New Leases to 1755 Blake Street
Building on its mission of developing innovative, people-focused building experiences in the city of Denver, Unico Properties LLC, recently announced a total upgrade to its downtown Denver office building, 1755 Blake Street, with the addition of two new leases. Bocce-bar concept Lob Denver will occupy the property’s ground floor, while online payment platform Melio …
Coors Family’s Five-Block Downtown Golden Property Newly Branded “Clayworks District”
AC Development, a privately-owned real estate company launched in 2020 by the Coors Family, has announced the launch of Clayworks, the new brand for the planned mixed-use district in downtown Golden previously known as the CoorsTek 9th Street Redevelopment. Clayworks will be an extension of downtown Golden, welcoming the community …
Sublease Remains on Upward Trajectory in Denver
Despite indications in the latter half of 2021 that sublease availability in Denver had peaked mid-year and was on the decline, sublease remained on an upward trajectory throughout the balance of 2022, increasing for four consecutive quarters to end December 2022 at just over 5.9 million square feet, a nearly …