DevelopmentFeatureOfficeTechnology

Digital Facilities Management Creates a Tipping Point for Smart Building Adoption

By Peter Rake, global director of Integration at Switch Automation Just as today’s homeowners want to implement Smart Tech solutions for sustainability and security, commercial real estate owners and operators want PropTech in their buildings to support digital facilities management (DFM). Smart building solutions are helping operations teams evolve from reactive to proactive to …

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DesignDevelopmentOffice

Elsy Studios Completes Interior Design on Hines Denver HQ

Elsy Studios, a Denver‐based full-service commercial interior design firm, recently completed the new 7,255-square-foot Colorado headquarters for Hines within the global real estate investment, development and management firm’s new 1144 Fifteenth Street building in downtown Denver. Located on 15th Street between Arapahoe and Lawrence Streets, 1144 Fifteenth Street is the first …

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BrokerageOffice

Class A Office Building in Denver’s CBD Street Sells for $127.2M

410 17th Street, a 436,455-square-foot, Class A office building in the Midtown East submarket of Denver’s CBD, recently sold for $127.2 million. The sale a financing is an HFF legacy deal, closed prior to the firm being acquired by JLL on July 1, 2019. JLL represented the Seller, Ivanhoé Cambridge, and …

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DevelopmentOffice

How Much for 100K SF of Office Space in Denver?

Whether you are looking to lease space for your company or to purchase a building as an investment, central business districts are where the most desirable office assets lie. COMMERCIALCafé has put together a new study, looking at the 15 most popular CBDs in the country and creating two calculators …

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InvestmentOffice

Rising and BentallGreenOak Acquire Civic Center Plaza

Last week, Rising Realty Partners (Rising) and BentallGreenOak acquired Civic Center Plaza, a 598,592-square-foot, 22-story landmark, Class A, office building located at 1560 Broadway in the Uptown district of downtown Denver, for $124.6 million. Civic Center Plaza is adjacent to Denver’s premier transit hub and is over 97 percent leased to investment …

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BrokerageOffice

Three Denver Office Buildings Achieve Combined $100M Profit

View here Three prominent downtown Denver office towers sold at the end of June, according to the Denver Business Journal. Boston-based Beacon Capital sold 1560 Broadway, known as Civic Center Plaza, to Los Angeles-based Rising Realty Partners for $124.6 million on June 27. Callahan Capital, a firm that was acquired …

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DevelopmentOffice

Prism Welcomes New Tenants

Shea Properties recently welcomed three prestigious tenants to Prism, a sleek, new, nine-story, core and shell office building in the heart of Denver’s financial district.  Unmistakable at 999 17th Street, Prism’s exterior is distinguished by six angled glass planes that shatter conventional thinking and establish a high-profile presence unlike any other. “We …

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BrokerageOffice

Belleview Corporate Plaza Sells for $39.1M

The RMR Office Property Fund, managed by The RMR Group, has acquired Belleview Corporate Plaza, a two-building, 172,220-square-foot, multi-tenant class A office property located in Denver, for $39.1 million. The property is 98 percent leased to tenants in the healthcare, real estate and energy industries. “The acquisition of Belleview Corporate Plaza demonstrates the …

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BrokerageOffice

CBRE Facilitates $2.2M Sale of 2280 S. Albion Street in Denver

2280 South Albion Street, an 8,007-square-foot, single-story office building on 0.71 acres in the University Hills neighborhood of Denver, has sold for  $2.245,000. Monica Wiley and Jeff Wood of CBRE’s Denver office represented the seller of the building, The Arthritis Foundation, Inc. Matt Vandal and Jonathan Schneider of Sognare Partners represented the buyer, a …

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DevelopmentHospitalityOffice

Formativ Signs Development Partners for World Trade Center Denver

Denver-based Developer Formativ, a Denver-based real estate development firm specializing in a Denver-based real estate development firm specializing in transformative mixed-use and commercial projects, transformative mixed-use and commercial projects, has named Chicago-based Golub & Co. as capital and co-development partner for RiNo’s 350,000-square-foot World Trade Center office project. The new partnership has …

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