12245 Pecos Street
BrokerageOffice

2,444 SF of Office Space in Denver Sells for $760,000

NavPoint Real Estate Group  has completed the sale of a 2,444 SF newly constructed office condo located at 12245 Pecos Street, Unit 3 in Denver, Colorado. Part of the Taiva professional condo development, this unit features refined lines, upgraded designer lighting, polished concrete floors, second floor balcony, and private roof …

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MultifamilyOffice

Governor Halts Commercial and Residential Evictions

Colorado Governor Jared Polis issued an Executive Order on April 30 that temporarily prohibits the filing of eviction actions and the execution of eviction-related judgments, and bars landlords from charging late fees or penalties for a tenant’s failure to pay rent. Commercial and residential landlords are immediately subject to the …

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BrokerageOffice

Kärcher Headquarters Near DIA Available for Sublease

CBRE has been awarded the exclusive leasing assignment for the sublease of Kärcher North America’s headquarters building, located at 4555 Airport Way in Denver. Mitch Bradley, Sergio Castaneda and Megan Strauss with CBRE are marketing the property for sublease, which expires December 31, 2025. “This Class A office building is well-positioned in the …

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OfficeRentReports

Denver Office Availability to Increase in 2020

By the end of March, the rapidly evolving COVID-19 pandemic had slowed or halted nearly all Denver businesses. Several sectors with a notable corporate presence in Denver, including retail, transportation, and leisure, have suffered significantly to date.  As the forecast of a recession in the U.S. appears increasingly likely, Denver’s market dynamics have the …

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ConstructionDevelopmentOffice

World Trade Center Denver Begins Demolition Stage

On April 14, demolition began of the existing buildings at 3800 Blake St., to make way for the 350,000-square-foot World Trade Center Denver office campus. Denver-based Developer FORMATIV and Chicago-based Golub & Company expect to break ground on this highly anticipated project in the second quarter and open in 2021. The dynamic …

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DevelopmentOfficeRetail

Uplands Forms Collective to Support Placed-Based Economic Development Efforts

Uplands, a proposed mixed-use, sustainable in-fill community adjacent to the iconic “Westminster Castle,” today announced the formation of the Uplands Community Collective (UCC). Founded to create a thriving and resilient community in and around Uplands, the UCC aims to build a place-based economy that weaves food, agriculture and workforce development together …

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BrokerageOfficeTransit

Investor Takes Advantage of Low Rates, Acquires Centennial Office Building

Arapahoe Plaza East II, located at 7955 East Arapahoe Court in Centennial, has sold for $3,525,000. The 29,140-square-foot multi-tenant office building was 96 percent occupied at the time of sale with a diverse tenancy of professional office tenants who were attracted to the building’s ideal location and recent improvements to the interior suites …

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DesignDevelopmentOffice

Elsy Studios Designs YES Communities Headquarters in DTC

Elsy Studios, a Denver-based full-service commercial interior design firm recently completed the design of YES Communities’ new Denver headquarters in the Denver Tech Center. The growing company’s new digs will be home to its 130 Colorado-based employees. The 35,000-square-foot office space sits on the top floor of the newly built 5050 S. Syracuse …

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BrokerageOffice

Mixed-use Campus in Littleton Sells for $2.8M

A 22,000-square-foot commercial mixed-use campus in Ken Caryl has sold for $2,790,000 ($126.82/SF). The four-building campus, located in Littleton, came equipped with six tenants, and room for the buyer to occupy the remaining space as an owner/user. Corey Sandberg, advisor with Pinnacle Real Estate Advisors, LLC represented the seller in the …

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ArchitectureDevelopmentOffice

1420 Wynkoop Back on Track

Following the success of Unico Properties‘ Circa building located at 16th and Platte in Lower Highland, plans for Unico’s proposed development 1420 Wynkoop Street building appear to be back on track following a period of derailment. Plans for the 8-story mixed-use development were submitted by OZ Architecture to the Lower Downtown Design …

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