Tag: Commercial Real Estate
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Cherry Creek West envisioned as 13-acre, mixed-use development
What’s now a parking lot on the west side of the Cherry Creek mall could soon be a 13-acre, mixed-use development that connects the shopping center with the Cherry Creek neighborhood and emphasizes pedestrians over cars. That’s developer East West Partners’ vision for the site, to be dubbed Cherry Creek West. The land, on the…
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Denver commercial real estate association picks new leader
Denver’s largest commercial real estate association picked Rachel Marion to head the organization. Marion, who previously served as director of government affairs at Denver International Airport, succeeds Katie Kruger as CEO of the Denver Metro Commercial Association of Realtors. She started Monday. “Rachel brings a comprehensive resume of skills and experience with first-hand knowledge of…
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CBRE picks new Colorado market leader
Commercial real estate giant CBRE Monday announced former Denver Metro Commercial Association of Realtors CEO Katie Kruger will take over as the company’s Colorado market leader and senior managing director. The move is official Nov. 22. Kruger will head CBRE’s five Colorado offices along the Front Range, and all its lines of business including leasing,…
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Colorado Education Association selling 30-year home
Colorado’s largest teachers’ union the Colorado Education Association listed its 30-year home at 1500 Grant Street for sale. The association has occupied the 54,256-square foot office building across from the state capitol since 1991, when it bought it for $750,000, according to Denver Assessor records. Benchmark Commercial Real Estate has the building listed for $6.9…
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Inside look at sweet new Denver co-working space
The Candy Factory is open again at a 130-year-old historic building in downtown Denver. But instead of churning out confectionaries, it’s drawing a mix of tenants and users to a 9,698-square-foot co-working space on the second floor of the Baur’s Building near the Theater District. Dazzle restaurant and jazz club occupies the first floor, and…
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Downtown Denver’s Granite Tower sells for $203 million
Real estate investment trust company KBS sold the distinctive black 31-story office building the Granite Tower on Friday for $203.5 million, according to Securities Exchange Commission documents. The Newport Beach, California-based REIT bought the 593,527-square-foot building in 2010 for $149 million under the name KBS II Granite Tower LLC, according to Denver Assessor records. The…
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Influential Denver businessman, philanthropist Donald Kortz dies after illness
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Facebook Twitter WhatsApp SMS Email Print Copy article link Save Facebook Twitter WhatsApp SMS Email Print Copy article link Save Longtime Denver businessman, lawyer and philanthropist Donald Lee Kortz died Sunday. He was 81. Perhaps best known for his decades of work for Fuller & Co., Kortz at one time served on as many as…
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Slight improvements in Denver office market
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Facebook Twitter WhatsApp SMS Email Print Copy article link Save Metro Denver business tenants vacated some 430,000 square feet in the second quarter, bringing the vacancy level up to 18.8% — the highest it has been in at least 11 years, according to a report from CBRE. That’s still an improvement from the 1.1 million…
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Urban Land Conservancy buys former Johnson & Wales campus
In a complicated real estate transaction that will ensure the corner of Montview Boulevard and Quebec Street near South Park Hill stays campus-like, the Urban Land Conservancy finalized its purchase of the former Johnson & Wales University campus. The 13 buildings on the 25-acre campus will have three different owners: the non-profit conservancy, Denver Public…