Three Key Factors Shaping Post-Recession Denver Office Construction
5.25.17 Denver Office Brokers, Office Construction, Office Development DenverThe Denver office market has exploded over the last five to seven years, with 4M SF under construction in Q1 2017. The high levels of new construction have impacted tenant office improvements in the Mile High City. Costs have not only risen, but the time ...
Why So Much Private Equity Is Shifting To Multifamily
5.23.17 Colorado Multifamily Brokers, Multifamily Brokers Denver, Multifamily MarketPrivate-equity investors like the strong cash-on-cash that multifamily can provide as compared to hotels, retail and office properties, panelists at the IMN Multifamily Forum here told attendees Thursday. The session “Working With Institutional Capital” ...
Five Reasons Why Carriage Units Are Popular In Suburban Development
5.17.17 Carriage Units, Multifamily Brokers Denver, Multifamily HousingAs cities continue to crowd with young professionals and Baby Boomers downsizing their single-family properties, the suburbs offer a more spacious and affordable destination. From 2010 to 2017, households in the suburbs grew 7.9%, but the need for the ...
Developers ramp up Lowry apartment project with $9M property buy
5.16.17 Commercial Real Estate Denver, Lowry Apartment Project, Multifamily DevelopmentAfter building in Englewood, Wheat Ridge and Aurora, a San Antonio developer is one step closer to pulling off a long-planned encore in Lowry. Embrey Partners used the name Encore at Boulevard One in an $8.85 million deal to buy 5.2 acres at Quebec Street and ...
1,300 New Apartment Units in Denver Plus More Industrial Space
5.10.17 Apartment Development Denver, Industrial Development, Multifamily Market DenverFive new complexes totaling nearly 1,300 units were added to the Denver Business Journal’s Crane Watch map, including McWhinney’s 12-story complex called Sova at 19th and Grant and a permit for a 375-unit apartment complex called Vue at Mile High, in the ...
Triangle Building in Denver’s LoDo acquired for $154 million
5.8.17 Commercial Real Estate Denver, LoDo Denver, Triangle Building DenverGerman company Union Investment has acquired the Triangle Building in Lower Downtown Denver for $154 million. The 10-story building, at 1550 Wewatta, is home to Liberty Global and WeWork. Construction was completed in 2015. Union purchased the property from an ...