NavPoint Real Estate_Office Building Littleton CO
BrokerageOffice

26,334 SF Office Building Sold in Littleton for $2.9M

Littleton, CO – NavPoint Real Estate Group recently sold a 26,334 SF office building at 8 W Dry Creek Circle in Littleton. The seller was 8 WDC, LLC. The buyer was 8 west Dry Creek, LLC.  Matt Call and Heather Taylor of NavPoint Real Estate Group represented the seller.  John Witt …

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Griffin Capital_Allstate_Lone Tree CO
BrokerageOffice

Griffin Capital Essential Asset REIT II Makes First Acquisition in Denver Metropolitan Area

Lone Tree, CO — Griffin Capital Corporation (“Griffin Capital”) recently announced, on behalf of Griffin Capital Essential Asset REIT II, Inc. (the “REIT”), the first acquisition by the REIT in the Greater Denver metropolitan area.  The REIT has acquired a Class A office complex with three-stories encompassing 70,273 square-feet in …

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Denver Office Using Employment Trends
BrokerageOfficeProfiles

Office Tenants Enter 2017 with Increased Leverage as Availability Rates Rise & Leasing Decelerates in 2016

Denver, CO – Savills Studley released its 2016 Q4 Denver edition of the Savills Studley Office Market Report. “Leasing slowed and sublet supply rose in 2016, particularly in the Uptown section of Downtown and in suburban submarkets. Tenants head into 2017 with additional leverage and more options to consider, ” commented …

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Hines_1515-Wynkoop_Denver
ArchitectureAwardsOffice

1515 Wynkoop Awarded LEED Platinum

Denver, CO – Hines and Invesco Real Estate recently announced that 1515 Wynkoop has earned Platinum certification under the U.S. Green Building Council’s (USGBC) LEED rating system for Existing Buildings. Completed in 2009 and currently owned by a separate account pension fund client of Invesco Real Estate, 1515 Wynkoop is a …

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CBRE_1844 Nelson Road Exterior
BrokerageIndustrialOffice

Pacific Acquisitions’ Affiliate Acquires 5th CO Asset, Raises Local Investment Total to More Than $56.5M

Denver, CO – CBRE Capital Markets arranged the sale of the General Electric building, a 152,218-square-foot, single tenant, office/flex facility located at 1844 Nelson Road in Longmont, Colorado, for $12.5 million. Jim Bolt of CBRE’s Denver office represented the buyer, an affiliate of Anchorage, Alaska-based Pacific Acquisitions, in the purchase, which …

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Block_162_Gensler_Denver CO
ArchitectureDesignDevelopmentOffice

Block 162 Closes on Ground Lease, Marks Major Milestone in Downtown Denver Development

Denver, CO – Block 162, a parcel of land in downtown Denver, has been a long-time in the making. With several design iterations dating back to 2013, Block 162 finally marks a major project milestone with the closing on the ground lease, with a joint partnership consisting of Patrinely Group and …

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JLL_Denver Scholarship Foundation_Golden Triangle_Denver CO
ArchitectureBrokerageConstructionDesignOffice

JLL Secures 7,586 SF Space in Golden Triangle for Denver Scholarship Foundation

Denver, CO – JLL recently secured a 7-year lease on a 7,586 square foot space for Denver Scholarship Foundation’s new headquarters at 789 Sherman Street in the Golden Triangle neighborhood of Denver. The move will allow the organization to operate in a larger space with higher cost-savings compared to its current …

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National GDP Rates
ArchitectureBrokerageConstructionDesignDevelopmentEngineeringHealthcareHospitalityIndustrialMultifamilyOfficeRetail

Real Estate & Construction Industries are 2 Largest Contributors to CO GDP Growth

View here The U.S. Bureau of Economic Analysis released the Q3 2016 Gross Domestic Product (GDP) rates, indicating Colorado ranked 4th overall in Percent Change in Real Gross Domestic Product for Q3 2016. Real estate and rental leasing, and construction were indicated as the two biggest contributors to Colorado’s GDP growth. …

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ArchitectureBrokerageConstructionDesignDevelopmentEngineeringEventsHealthcareHospitalityIndustrialMultifamilyOfficeRetail

Economic Forecast Event Predicts a Strong 2017, Recommend Maintaining Equilibrium & Hope in a Transitioning Economic Environment

Because of high housing costs in Colorado–the 16th highest in the country–and the importance for businesses to attract top talent within the growing Millennial workforce population, Silverstein says businesses will need to closely watch staffing needs and may need to increase compensation and benefits to attract new workers. Denver, CO …

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Pinnacle Real Estate Advisors_51 W 84th Ave
BrokerageOffice

14,587 SF Office Building in Thornton Sold

Denver, CO – Pinnacle Real Estate Advisors, LLC  sold the 14,587 square foot office building at 51 West 84th Ave located in Thornton, Colorado. This office property built in 1973 was extensively renovated in 2016. The building is located just off I-25 and the West 84th Avenue exit. The property sold …

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