Union Tower West_Denver_John Portman Associates
ArchitectureConstructionHospitalityOfficeRetail

Union Tower West Confirms First Tenant

View here Husch Blackwell is the first tenant to sign a lease at Union Tower West, the mixed-use development across from Union Station. This 210,000 SF, $92 million project includes 100,000 SF of Class A office space, 10,000 SF of retail, and a 180-room Hotel Indigo. The project broke ground in April …

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Transwestern_Highlands Ranch II_Denver CO
BrokerageOffice

Transwestern Brokers Sales of 152,603 SF Office Complex Highlands Ranch

Denver, CO – Transwestern’s Denver office recently announced that it represented the undisclosed seller of Highlands Ranch I and II, located at 630 – 640 Plaza Drive in Highlands Ranch, Colorado. The 152,603 SF office property was acquired by Bancroft Capital. Managing Directors Brad Cohen and Larry Thiel of Transwestern’s …

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CRE Market_CBD_Absorption-Vacancy_JLL Research_Denver CO
BrokerageOffice

CRE Market Perspective – Oil & Gas Effects on Office Market

View here Several brokerage firms’ in-house research teams weigh-in on the latest office market trends including negative absorption rates, sub-leasing activity and vacancy rates in the Denver metro area. Graph courtesy of JLL Research                            

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Saunders Construction_Dairy Block_Denver CO
ConstructionHospitalityOfficeRetail

Saunders Construction Celebrates Topping Out of Denver’s Dairy Block

Denver, CO – Saunders Construction, Inc., is thrilled to announce the topping out of Denver’s Dairy Block project, a high profile mixed-use development in LoDo that will feature office, retail and a luxury boutique hotel. This construction milestone indicates vertical construction is complete. “For Saunders this is a really exciting project that …

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BrokerageOffice

Another Suburban Firm Relocates HQ to Downtown Denver

View here SendGrid, an email technology company, is moving into the 1801 California Tower in Downtown Denver to accommodate up to 450 employees in the 52,000 SF of office space. This move is part of a trend for companies previously located in the suburbs to enter the downtown Denver market. …

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BrokerageDevelopmentHospitalityMultifamilyOfficeRetail

Downtown Denver Partnership Releases 2016 State of Downtown Denver Report

Denver, CO – The Downtown Denver Partnership issued today the 2016 State of Downtown Denver report. The annual report, funded in part by the Downtown Denver Business Improvement District, is one of the most comprehensive statistical looks at the stories and statistics behind a thriving center city, detailing increasing investment, strong …

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DevelopmentHospitalityIndustrialMultifamilyOfficeRetail

Denver Building Boom Reaches $4.2 Billion

Denver, CO – CBRE Research releases their latest Market Flash for the Denver construction market, which is reporting nearly $4.2 billion of commercial building in progress (excluding single-family residential, healthcare and infrastructure projects). Multifamily and hospitality projects are recorded as representing 74% of the total value. Graphic courtesy of CBRE Research

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BrokerageOffice

Decline of Oil and Gas Opens Doors New Office Tenants

With headlines of bankruptcy, job cuts and continued low oil prices, the decline of oil and gas companies in Colorado is spilling over into the commercial real estate market. This resulting abundance of office sublease space, allowing new tenants such as co-working companies to occupy the CBD, has the potential …

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ConstructionEngineeringOffice

MAX Construction, Inc. Renovates Space for WSP/Parsons Brinckerhoff Downtown Denver

Denver, CO – Denver-based tenant finish construction firm MAX Construction, Inc. worked with property manager and building owner LBA Realty to complete a renovation in Downtown Denver for international engineering firm WSP/ Parsons Brinckerhoff. “In addition to our workmanship, a big part of the reason MAX Construction is so successful is that we …

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BrokerageOffice

100% Occupied Office Building in Denver Sells for $1.2M by NavPoint

Denver, CO – NavPoint Real Estate Group facilitated the sale of a 100% occupied, 12,583 SF office building at 5800 E Evans Avenue in Denver. The seller was Cornerstone 5800, LLC. The buyer was Rajiv Bansal and Sirisha Dinavahi.  Matt Call, John Witt, and Matt Kulbe of NavPoint Real Estate …

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