A landlord broker and a tenant broker reflect on what one calls “a psychological number.”
Commercial Real Estate
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Downtown Denver office vacancy tops 30 percent for first time in decades
The Pipeline: Commercial real estate deals for 10.27.23
Southeast Denver apartments fetch $32M and land by Rocky Flats sells.
Apartments by Lakewood park face backlash, but city leaders take no action
“This council is horrible,” one council member said. Another told BusinessDen she doesn’t trust the city attorney’s advice.
Xcel Energy eyes huge lease in RiNo
The firm would be the largest tenant in a neighborhood seeing hundreds of thousands of square feet come on line.
Sunnyside apartment complex, once slated to include condos, sells for $160M
Golden-based Confluence Cos. completed the project in early 2021.
Aspen architecture firm buys Curtis Park building for local office
Forum Phi has faced staffing challenges in the mountains. “The cost of living up here is that much worse than down in Denver.”
Ex-Revesco exec launches ‘rescue capital’ firm
A former executive at Revesco Properties has launched his own firm, and closed in August on his first deal. Marc Perusse, 38, is now president and CEO of E2M Ventures, a debt/equity investor interested in deals both local and across much of the country. “M” refers to his first name, while “E” refers to Perusse’s… Read more »
The Pipeline: Commercial real estate deals for 10.20.23
Deals of note: Jackson Square Properties purchased Broadstone Kendrick, a 254-unit apartment complex at 1780 Marion St. and 1160 E. 18th Ave. in Denver for $111 million. Terrance Hunt, Shane Ozment, Chris Cowan, Chris Hart, Brad Schlafer and Jessica Graham of CBRE represented the seller, Alliance Residential. GoodVets leased new space for a veterinary hospital… Read more »
Denver looks to lease, and maybe buy, another hotel for homeless
The city’s option calls for it to pay 60 percent more than the property fetched in early 2022. But a nonprofit will buy the hotel first.
Downtown Littleton retail building sells for $2M
The building along Main was a saloon, then a drug store, and once home to the city’s mayor.
