Tech Firm Signs Long-Term Lease at S’PARK

BOULDER – Splunk Inc. (NASDAQ:SPLK), a publicly traded high-tech firm, has signed a long-term lease for the entire office component, accounting for approximately 42,000 square feet, in the “Market Building” at S’PARK in Boulder, scheduled for completion in early 2019. The John Buck Company, a premier, vertically-integrated real estate investment, development and operating company, …


Denver Benefits from Tech Firm Migration, says CBRE

DENVER – Technology companies based in the top four tech headquarters markets—the San Francisco Bay Area, Seattle, Boston and New York—are expanding into new markets, creating more demand for office space and driving office rent growth in the beneficiary markets, according to CBRE’s annual Tech-30 report, which measures the tech industry’s impact on the …


Multidisciplinary Design Firm Helps Owners Mitigate Risk on Building Projects

DENVER — Managing risk in the design and construction industry has become more prevalent for owners in Colorado as the development of building projects continues to rise. One way to mitigate project risk is to integrate design expertise with constructability to offer clients a more valuable design. K2, a multidisciplinary technology …


Denver Office Market Absorption Slows, Says Savills Studley

DENVER — Savills Studley, the leading global commercial real estate services firm specializing in tenant representation, has released its 2018 Q3 Denver edition of the Savills Studley Office Market Report. The quarterly report is an in-depth compilation of office leasing statistics and trends, major transactions, submarket comparisons, employment data, and …


Tech a Key Driver for Denver CRE, Says Cushman & Wakefield

DENVER – Cushman & Wakefield recently released their annual report Tech Cities 2.0 that identifies existing and emerging tech centers increasingly driving the North American economy, and details their impact on the commercial real estate sector. In its second year, the report groups the top cities into three categories based on how important …


Slack Technologies Signs Lease at 16 Chestnut

San Francisco-based cloud messaging app company Slack Technologies, has signed a lease for space at 16 Chestnut in downtown Denver. 16 Chestnut is a joint project between East West Partners, Invesco Real Estate and Gensler architects. The 19-story, 410,000-square-foot building is adjacent to the light-rail station at Chestnut Place and 17th streets. According to …


Global Satellite Company Expands its Presence in Boulder

Boulder will become a new vital hub of communication for space to cloud analytics company Spire Global Inc.  The new, nearly 25,000-square-foot space, located at 1050 Walnut Street in Boulder, will be the largest of Spire’s five global offices, and will serve as a key hub for developing Spire’s enterprise products and to …


Demand for Data Centers in Denver Remains Strong

DENVER – CBRE’s latest U.S. Data Center Trends Report indicates that Denver’s data center industry is growing. Nearly 12 MW of capacity was under development in Denver at the end of Q1, representing a 12.5 percent increase in total data center inventory. While the supply pipeline is robust, industry experts say demand is …


Unico Delivers The Circa Building on Platte Street

By Katie Rapone Developers and dignitaries gathered at 1615 Platte St. on Thursday for a Ribbon Cutting event to celebrate the opening of The Circa Building, a LEED Platinum-certified, 96,000-square-foot Class A office building in Denver. Developer Unico Properties, that currently owns and operates nearly 4 million square feet of commercial properties in …


CBRE Report Shows Impressive Growth in Colorado’s Tech Economy

DENVER – A new report by CBRE confirms that Colorado’s tech scene is expanding at a rapid rate. According to the report 22 technology companies opened new Colorado offices or moved their headquarters to the state in the past year and technology absorbed 849,000 square feet in incremental space across the state from Q3 …