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The oil and gas industry is impacting the Colorado economy to the tune of $29.6 billion last year. The study was done by researchers at the University of Colorado’s Leeds School of Business and was conducted for the Colorado Oil and Gas Association. The report showed the industry supported more than 110,000 high paying jobs with an…
With the legalization of recreational marijuana, cannabis growing operations are boosting the industrial warehouse market in Denver metro area. Because of the high demand for industrial space, aging industrial buildings (Class C) are being bought up quickly or leased. Typically, marijuana growing operations that lease instead of buying pay an average lease rate of 30-40%…
PM Realty Group announced plans to build a high-end apartment complex by the South Platte River across from REI (15th St. and Little Raven St.). The 34-story 288 apartment building is expected to be the tallest structure in Riverfront Park and will feature top of the line finishes including large rooftop terrace with an infinity…
Franklin Street Properties Corp. purchased the 20-story 655,565 square foot office building for $217 million or $331 per square foot, located at 1001 17th Street (between Curtis and Arapahoe). With this latest acquisition, FSP’S portfolio will total 40 properties with an approximately 9.8 million square feet. At time of purchase, the building was 74% occupied,…
Owning a home is a keystone of wealth… both financial affluence and emotional security.
