BrokerageDevelopmentHospitalityOfficeRetail

Mixed-Use Development in Louisville Coming Summer 2020

South & Main, a new, 10,059-square-foot mixed-use development located at 957 Main Street in Louisville scheduled to be complete summer 2020, is officially available for lease. Molly Bayer, a senior associate with CBRE’s Retail practice in Boulder, is representing the property owner, Barbara Iglesias. Hartronfit is the architect for the …

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OfficeReportsTechnology

Tech and Big Deals Dominate Office Leasing in Denver

2019 was another solid year for office leasing in the U.S., according to Cushman & Wakefield’s latest report. The tech-heavy West region, including Denver, recorded the largest volume of leasing. Key Takeaways Leasing activity was strong and stable in 2019, at roughly the same volume as in 2018. The West …

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BrokerageIndustrialOfficeRenovation

Denver Flex Portfolio Sells for $81.8M

A joint venture partnership between ScanlanKemperBard (SKB) and Harbert Management Corporation has acquired 3800 Steele Street, an 11-building portfolio totaling 452,014 square feet of industrial, flex and office space in a qualified opportunity zone in Denver. JLL Capital Markets worked on behalf of the borrower to place the three-year, floating-rate …

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BrokerageHealthcareOffice

Northstar Sells MOB in Lafayette to Boulder County

Denver-based Northstar Commercial Partners has sold its 40,169-square-foot medical office building located at 1755 S. Public Road in Lafayette for $12.8M, to the County of Boulder. “We are very pleased with the sale of this newly constructed asset to Boulder County,” said Brian Watson, founder & CEO of Northstar. “It is …

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BrokerageOffice

Idaho-based Investment Company Acquires 2-Building Office Portfolio in Colorado Springs

Boise, Idaho-based Alturas Capital Partners has purchased Centennial Technology Center, a 2-building office portfolio totaling 110,405-square-feet in Colorado Springs. Baxter Fain and Christina Grimme of Cushman & Wakefield Denver’s Equity, Debt & Structured Finance Group handled the $11,242,409 acquisition financing and worked on behalf of the buyer to provide 10-year, fixed-rate financing. …

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BrokerageOffice

Progressive Insurance Joins The Offices at Victory Ridge

Progressive Casualty Insurance Company has signed a lease for 18,089 square feet of office space at The Offices at Victory Ridge, the first Class A speculative office development in Colorado Springs in over a decade. Brad T. Bird with CBRE’s Colorado Springs office and John Marold with CBRE’s Denver office represented the landlord, …

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OfficeReports

Cherry Creek and Boulder Among Most Expensive U.S. Office Submarkets

According to a study conducted by CommercialCafé, both Cherry Creek and Boulder made the Top 100 list of the most expensive office submarkets in the nation. Here are a few key takeaways from the study: Denver’s Cherry Creek is the most expensive submarket in Colorado, and the 31st in the …

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BrokerageOfficeTransit

Triad Orchard Station Changes Hands, Transformation Underway

Denver-based investor and developer Focus Property Group has closed on the purchase of Triad Orchard Station and has hired the team of Ryan Stout, Nate Bradley, and Zach Williams of Cushman & Wakefield, as the exclusive leasing agents for the 414,831-square-foot, three building office campus. The campus is located at 5660, …

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DevelopmentOfficeReports

Decade in Review: The Denver Office Market

Now that the decade is over, COMMERCIALCafé, a nationwide commercial real estate listings platform, decided to look back at the evolution of office markets across the U.S. from 2010 to 2019. They checked the top deals of the decade, the most active markets, the price per square foot fluctuations, the biggest office …

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ConstructionDesignDevelopmentOfficeRetail

One Platte Breaks Ground

One Platte, a 5-story mixed-use project located at 1701 Platte Street in downtown Denver’s vibrant Central Platte Valley neighborhood, has officially broken ground. The project is being developed by Nichols Partnership, in a joint venture with Shorenstein Properties, LLC, an owner and operator of high-quality office, residential and mixed-use properties across the …

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