Despite the current pandemic and the challenges that have arisen over the past year and a half, new, major developments took place and many property refinances were sealed in several locations in Denver and across the state as a whole, and the Colorado commercial real estate market continues to successfully shift and acclimate to the latest demands of consumers.
We’ve compiled some of the commercial real estate news highlights and attention-grabbing headlines around Denver in order to shine a light on the current state of the Colorado real estate market.
Denver Commercial Real Estate News – Q2 & Q3 2021
Could Denver Be The Next Data Center Boomtown? ‘Excessive Growth’ May Be On The Horizon
Denver may be poised to become a hot spot for data center development. Over the past 24 months, the Denver area has seen a spike in demand for server space and widespread transformation of its data center marketplace. Read More
Denver real estate firm buys ‘diamond in the rough’ Aurora office campus for $66.85M
The firm in question is applying a new strategy to the office market with its purchase of a four-building campus with a secure tenant base. Read More
JLL Income Property Trust Buys Fort Collins Apartments for $52M
The REIT purchased Pinecone Apartments, a 13-building, 195-unit apartment community in the Northern Colorado Submarket, in the city of Fort Collins. Read More
KBS Sells Denver Tower for $204M
After more than a decade of ownership of the Granite Tower in Denver, KBS has traded the premier office building for $203.5 million, according to documents filed with the Securities and Exchange Commission. Read More
Denver Industrial Market on Track to Set Record as Office Looks to Recover
According to CBRE’s newly released reports, industrial net absorption and delivery volume are both on track for the highest annual totals on record, while leasing and investment sale momentum is pacing the office market toward recovery. Read More
Suburban Denver E-commerce Facility Commands $114M
A joint venture of Karis Capital—as developer—and AEW—as capital partner—has sold a newly developed Class A warehouse/distribution building in north suburban Denver for $114 million. Read More
Denver’s Top 5 Office Projects Currently Under Construction
Twenty properties totaling nearly 3.3 million square feet of office space are coming together in the Denver metro area. Read More
Denver’s Largest High-Rise For-Rent Apartment Community Breaks Ground Near Sloan’s Lake
Metro Denver’s largest for-rent high-rise apartment and hotel development broke ground last week at the intersection of 26th Avenue and Alcott Street in Denver’s Jefferson Park neighborhood. Read More
Denver Historical Town and Ranch on Market for $96M
Mirr Ranch Group brings 78 square miles adjoining Ted Turner’s famous 550,000-acre Vermejo Park Ranch to market. Read More
View our commercial properties in Denver to see what real estate assets are available for lease or sale in the Denver area and throughout Colorado.