News & Research
MILE HIGH CRE – The Shops at Riverfront Park in Denver Sells for...
The Shops at Riverfront Park in downtwon Denver has sold for $11.8 million, or approximately $370 per square foot. The sale of the 31,898-square-foot multi-tenant asset — located at the base of three condo buildings — included the entirety of the commercial/retail space located within the Riverfront Park neighborhood. The buyer was a local private…
Colorado Real Estate Journal – Flywheel Capital sells flex portf...
COLORADO SPRINGS – A 289,018-square-foot Class A flex portfolio is under new ownership in Colorado Springs. The asset, comprising the two adjacent buildings at 10125 and 10205 Federal Drive, recently sold to an undisclosed private partnership for $54.3 million. Cushman & Wakefield’s Aaron Johnson and Jonson Hendrickson brokered the transaction on behalf of the seller,…
Colorado Real Estate Journal – Crescent Real Estate sells $180M ...
COLORADO SPRINGS – Investment company Crescent Real Estate sold the final piece of a 1 million square foot office portfolio in Colorado Springs. Since 2019, Crescent Real Estate has sold the 13-building portfolio as individual buildings or micro-portfolios to multiple buyers, and the last remaining building in the portfolio recently sold. The entire asset traded…
Colorado Real Estate Journal – Investor Buys Multitenant Shoppin...
WESTMINSTER – A shopping center in Westminster traded hands. Willow Run, the 91,565-square-foot shopping center at 12900-12910 Zuni St., recently sold for $10.9 million, or nearly $120 per sf. CentrePoint Properties acquired the asset from Willow Run Investors LLC, an entity operated by Gart Properties, which owned the center since 2013. Cushman & Wakefield’s Jon…
Colorado Real Estate Journal – Boston Investor Acquires Trophy A...
COLORADO SPRINGS – A premier Class A office asset in Colorado Springs recently traded hands following a competitive marketing campaign. Epic One, the 146,099-square foot office building at 10807 New Allegiance Drive, is under new ownership by an affiliate of Boston-based Albany Road Real Estate Partners. According to public records, the buyer acquired the property…
CBD Denver Office Market Report Q3 2022
After rising 150 basis points (bps) in the second quarter 2022, vacancy in the Central Business District (CBD) increased by 70 bps quarter-over-quarter (QOQ) to end the third quarter 2022 at 27.0% on an overall basis, including sublease space. Click to Download PDF
SES Denver Office Market Report Q3 2022
The Southeast Suburban (SES) submarket experienced a 120-basis-point (bps) increase in overall vacancy quarter-over-quarter (QOQ) end the third quarter 2022 at 22.1%. Direct vacancy followed a similar pattern, rising 50 bps QOQ to end the third quarter 2022 at 18.3%. Click to Download PDF
Denver Office Market Report Q3 2022
After a 70-basis boints (bps) uptick during the second quarter 2022, office vacancy in Denver is once again on the rise, increasing by 50 bps quarter-over-quarter to end the third quarter 2022 at an average of 21.1%. Click to Download PDF
MILE HIGH CRE – ‘Epic One’ Trophy Office Asset Trades in Colorad...
An affiliate of Boston-based Albany Road Real Estate Partners has made its first Colorado acquisition, purchasing Epic One, a premier Class A office building totaling 146,099 square feet in Colorado Springs. The five-story multi-tenant asset was approximately 87% leased at the time of sale. Located at 10807 New Allegiance Dr, Epic One is well positioned in the…
CUSHMAN & WAKEFIELD HENDRICKSON JOHNSON TEAM REPS SELLER 4100 INV...
Denver-based Flywheel Acquisitions has purchased an infill office building on nearly 2.3 acres in Denver. Cushman & Wakefield’s Cushman & Wakefield’s Aaron Johnson, Jon Hendrickson and Mitch Veremeychik represented the seller, 4100 Investors LLC, in the sale of the asset for $14.7 million. A single tenant occupies the full, three-story property. Click here and here…
