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 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…
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
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
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
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…
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…
Vacancy in the CBD has begun to stabilize after rising considerably during the Covid-19 pandemic. Click to Download PDF
Access the latest quarter commercial real estate results for the RiNo office market. Marketbeat analyzes quarterly market and submarket activity including supply, demand and pricing trends. Click to Download PDF
Access the latest quarter commercial real estate results for the Cherry Creek office submarket. Marketbeat analyzes quarterly market and submarket activity including supply, demand and pricing trends. Click to Download PDF