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DENVER-The story's the same in Denver as elsewhere when it comes to the office market. Vacancy overall jumped 3.6% to 18%, but the northwest submarket gets hit the hardest, spiking from 4% to 34.7%.
COLORADO SPRINGS, CO-The Broadmoor Hotel is getting on with business that heralds a return of workers to complete a $75-million renovation. The first phase was unveiled Memorial Day. Work now begins on the original main building and its Northmoor and Southmoor structures.
DENVER-The Denver industrial market holds its own, with vacancy coming in at 6.2% at the third quarter close. It should rise just a tad by year's end. The more probing issue is whether 2002 will be a "space Odyssey.
DENVER-With the decision now public for a move by Children's Hospital, Exempla/St. Joseph has entered into preliminary talks to take some of the space that will be vacated. Meanwhile, the large neighbor kicks in a $190-million, 10-year renovation of its campus.
DENVER-The writing's on the wall for Denver's Uptown, which loses its 100-year-old anchor to Fitzsimons medical center. Children's Hospital will build a $400-million, 900,0000-sf facility and exit Uptown in 2006. The mayor's calling up a task force.
DENVER-The fanfare of a topping out ceremony has quieted for the 690,000-sf municipal building. The project is on schedule for its delivery, which falls in about a year. The $130-million structure is the largest project in the works right now in Denver.
VAIL, CO-Vail Resorts strikes high-ticket deal with Olympus Real Estate Partners, with offices in Dallas and New York City, to take over Rockresorts. At closing, Vail pays $7.5 million for an initial interest, puts $20 million down on a resort and arranges for follow-up payments.
COLORADO SPRINGS, CO-The possibilities are plentiful, say the brokers scouring for a buyer of the 1,724-acre Lorson Ranch. If developed as residential and commercial, the yield could easily carry a $1-billion value.
DENVER-First Data is laying the groundwork to expand its campus at the Meridian International Business Park in Douglas County. Ground breaks on a 166,000-sf second building and an abutting 15-acre tract is bought.
DENVER-The state's highly touted cutback in building projects isn't extending to the Community Colleges of Colorado at the Lowry campus. The state quietly has placed an ad for a project manager to steer $12 million to $15 million in campus renovations.
From Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download ResourceFrom TheGuarantors
Renter default is a critical challenge. This report, based on a survey of 400+ multifamily professionals, reveals key trends, economic drivers, and mitigation gaps to help you build resilience in 2025. You'll gain insights into the root causes of renter default, the operational strains it can put on your portfolio, and strategies you can leverage to protect your investments and maintain stability.
Download ResourceFrom Building Engines
How do your building operations measure up? Use this detailed scorecard to evaluate your operational approach across five key areas.
Download ResourceFrom TheGuarantors
Skyrocketing economic uncertainty means it’s essential for multifamily owners and operators to strengthen risk mitigation capabilities. Discover expert insights from industry experts, including the President of NMHC, to tackle 2025 challenges such as slower lease-ups, cost pressures, renter fraud, high reliance on concessions, and more.
Download ResourceFrom Placer.ai
Dive into the data to explore domestic migration patterns over the past four years -- and uncover states and metro areas emerging as relocation hotspots in 2025.
Download ResourceFrom Assurant
Picking the right renters insurance can be a headache. This guide will help you find the perfect partner for your multifamily properties so you can boost resident participation and lower your risk.
Download ResourceFrom Placer.ai
Are you noticing unexpected shifts in office occupancy and commuter behavior? This report reveals how evolving work patterns are challenging CRE brokers and offers crucial, data-backed insights for 2025. Discover a detailed analysis of office visit fluctuations, an in-depth look at midweek work trends, accurate forecasts for market recovery, real-world examples to inform strategic decisions, and actionable metrics to guide client advising. Download your copy today!
Download ResourceFrom Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download ResourceFrom TheGuarantors
Renter default is a critical challenge. This report, based on a survey of 400+ multifamily professionals, reveals key trends, economic drivers, and mitigation gaps to help you build resilience in 2025. You'll gain insights into the root causes of renter default, the operational strains it can put on your portfolio, and strategies you can leverage to protect your investments and maintain stability.
Download ResourceFrom Building Engines
How do your building operations measure up? Use this detailed scorecard to evaluate your operational approach across five key areas.
Download ResourceFrom TheGuarantors
Skyrocketing economic uncertainty means it’s essential for multifamily owners and operators to strengthen risk mitigation capabilities. Discover expert insights from industry experts, including the President of NMHC, to tackle 2025 challenges such as slower lease-ups, cost pressures, renter fraud, high reliance on concessions, and more.
Download ResourceFrom Placer.ai
Dive into the data to explore domestic migration patterns over the past four years -- and uncover states and metro areas emerging as relocation hotspots in 2025.
Download ResourceFrom Assurant
Picking the right renters insurance can be a headache. This guide will help you find the perfect partner for your multifamily properties so you can boost resident participation and lower your risk.
Download ResourceFrom Placer.ai
Are you noticing unexpected shifts in office occupancy and commuter behavior? This report reveals how evolving work patterns are challenging CRE brokers and offers crucial, data-backed insights for 2025. Discover a detailed analysis of office visit fluctuations, an in-depth look at midweek work trends, accurate forecasts for market recovery, real-world examples to inform strategic decisions, and actionable metrics to guide client advising. Download your copy today!
Download ResourceFrom Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download Resource