Tag: Real Estate
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New warehouse from Trammell Crow Co., Clarion Partners opens opportunities for local businesses
New Class A warehouse space opened in Colorado’s I-76 corridor as Trammell Crow Company and Clarion Partners with CBRE as the leasing agent and general contractor Murray & Stafford deliver 104th Commerce Park. With the permanent surge of eCommerce since the pandemic, warehouse and industrial space has been growing to match demand. Over 570,000 of square feet…
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Denver’s office space market remains steady, retail prepares for a return to spending
Denver’s office commercial real estate market finished steady by the end of the fourth quarter, unlike the retail scene which was affected by rising inflation, according to several area brokers. The office market had more than 340 transactions totaling 1.6 million square feet in leasing activity during the fourth quarter across the metro Denver area,…
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Metro Denver home sales gathering momentum again?
After a half year of declining sales in the wake of sharply higher mortgage rates, the National Association of Realtors is seeing an upward turn in pending home sales — and Denver area brokers are already marking that same bounce. “It’s been crazy the last month,” said Rike Palese, broker/manager of ReMax Professionals’ DTC office…
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Carvana put millions into a Denver “vending machine” and got nothing back
It catches eyes of drivers on Interstate 25, but perhaps not for the reason the company hopes it will. Months after Carvana built one of its car vending machines near I-25 and Evans, it’s still sitting empty with no public plan to open, according to the Denver Gazette’s news partners 9News. A spokesperson for Carvana…
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CBRE Q4 office, industrial space reports lead to positive 2023 outlook
After a brutal two-and-a-half years for metro Denver area office space — where vacancy rates hit historic highs as employees worked remotely and businesses reprioritized real estate needs, 2023 shows promise. That’s according to a fourth quarter office and industrial space report from real estate giant CBRE. “There’s certainly real challenges out there and it’s…
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Denver-based real estate company Trelora acquired by Houwzer
Denver-based Trelora, a discount real estate agency that disrupted the Denver market a bit by offering flat fees instead of the typical Realtor commissions, has been bought by Houwzer, according to a news release. Terms of the deal were not released. Both companies have marketed a ‘flat-fee, full service’ real estate option, with a selling…
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‘Carbon-positive’ hotel to open in Denver
Urban Villages, a Denver-based real estate company, revealed updated plans to build what company officials call “the first carbon-positive hotel in the nation.” The company’s goal is to be a leader in sustainable real estate that brings in profit while being good for the planet, an effort that has been in the process for two…
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Denver CBRE retail specialist examines holiday sales trends
Retail industries are going to have to continue to adjust to post-pandemic challenges but will likely fair well this holiday season, according to retail commercial space specialists from the commercial real estate giant CBRE. Despite the challenges — like inflation, labor shortages impacting customer service and hours of operation— facing shoppers this holiday season, there is…
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November market slows for Denver real estate
Denver’s home sales market continued the “slow down” trend seen for the last couple months in November, according to the most recent Market Trends report from the Denver Metro Association of Realtors. But then again, real estate tends to slow in November and December as thoughts turn to holidays and shopping, experts agree. Inventory levels…
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Metro Moves: Tech innovator opens headquarters in Denver
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]. HEADQUARTERS The Global Business Development Division of the Colorado Office of Economic Development and International Trade (OEDIT) announced a tech innovator chose Denver for its…