Tag: Office Space
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Will this be Denver’s year to see office vacancies fall?
Another major downtown Denver office sold this week at less than a quarter of its last known value. Denver Place, a two-tower complex at 999 18th St., was acquired for $47.5 million by the CP Group, Angelo Bianco, managing partner for the Florida-based real estate company, told The Denver Gazette. The property previously changed hands…
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Denver vacant offices to housing? The devil is in the details, developers say
At a moment when new studies indicate that housing will stay a serious crisis in Denver despite a slower-paced real estate market, some new apartments that were created from an older downtown office are set to open next month. The city is studying whether other offices left vacant after the pandemic can help boost the…
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Denver office space market still struggling
At a moment when the waning pandemic might have given hope that workers would head back to the office, new commercial real estate data shows office vacancies continue to rise in Denver. That’s for both the central business district downtown and along the southeast I-25 corridor including the Denver Tech Center, according to new quarterly…
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Metro Moves: Two Denver law firms announce moves
Welcome to The Denver Gazette’s Metro Moves. You’ll get the latest metro Denver openings, closings, hiring and promotion briefs here. To submit your company’s news, drop an email to [email protected]. On the move Two longtime Denver-based law firms recently announced they’re moving to new office space. Brownstein Hyatt Farber Schreck will move its Denver headquarters…
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Work to begin on new 30-story office tower in downtown Denver
Construction begins Thursday on the biggest office tower to dot the Denver skyline in years. Chicago-based Riverside Investment & Development Co. will break ground on a 30-story, $400 million office tower at 1900 Lawrence, a company official said Wednesday. It’s the company’s first Denver development, after having built three towers in the Windy City topping 50…
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Denver office market among top recovering in country
Metro Denver’s office space market is outpacing the activity it saw in pre-pandemic times, one of the top three cities in the nation to do so, according to a January report from commercial real estate giant CBRE. “Office leasing activity in metro Denver jumped 39 points in January, now standing 17% above Denver’s pre-pandemic baseline,”…
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RiNo’s Taxi campus fills post-pandemic office needs — with a Zeppelin touch
Facebook Twitter WhatsApp SMS Email Print Copy article link Save When Mickey Zeppelin broke ground on the original Taxi building in north Denver more than 20 years ago, he burned a pile of cubicles, signaling a new era of office space. When it opened in 2001, in the former Yellow Cab Depot at 3455 Ringsby…
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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…