Evan Makovsky, co-founder of NAI Shames Makovsky, made the comment at BusinessDen’s “The Future of Downtown” event, presented by Brownstein.
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Veteran broker: Some older downtown office buildings likely need to be demoed
The Pipeline: Commercial real estate deals for 9.15.23
An 8k sq. ft. lease is signed downtown, a developer buys an Aurora equestrian property and Cap Hill apartments sell for $5M.
Food hall planned as Westminster agrees to sell Shoenberg Farms buildings
John Crays and Matthew Lawrence are paying just $10 for the dairy barn and other structures, which can’t be torn down.
Johnston to keep staff downtown, not send them home, amidst Webb building refresh
The city plans to temporarily lease three floors in Republic Plaza. The decision will cost taxpayers $5 million.
Startup aiming to expedite development permitting process launches in Denver
Pulley has partnered with Steve Ferris, a local real estate consultant. “All permitting is fundamentally local.”
Height incentive may make redevelopment of Baker site feasible, owner says
As recently as December, Dirk McCuistion had given up on building apartments at his property along Lincoln Street.
In Arapahoe Square, a scorned lot sees a lawsuit from a failed buyer
2235 Arapahoe has been a vacant and collapsing industrial building, a failed ax-throwing location, a never-opened hostel, a biohazard, a homeless encampment and a victim of four fires.
Farbers target apartments for half-block parking lot downtown
Elevation Development Group paid $22 million for the site in 2017.
Omni Interlocken in Broomfield sues over $43M valuation, says it’s worth half that
The Omni was 43-percent occupied between mid-2021 and mid-2022, according to its appeal paperwork, or well below a market average of 58 percent.
The Pipeline: Commercial real estate deals for 9.8.23
A local developer sells 22 townhomes for $10M, an oil and gas firm subleases downtown space from a law firm and a restaurant leases in Greenwood Village for a third location.
