Cassidy Turley Fuller closes flurry of deals in April
Cassidy Turley Fuller Real Estate had a busy April, closing a flurry of sales and lease transactions, including some blockbusters.
Many of the deals, including the 555,000-square-foot United Natural Foods Inc. build-to-suit handled by CTF brokers Alec Rhodes and Tyler Smith, were in the works for months. But there was a noticeable overall pickup in both industrial and office leasing activity that Cassidy Turley Fuller President and CEO Greg Morris says is continuing into the second quarter.
Broker Doug Wulf was particularly hard at work, teaming with various other CTF brokers to complete Merrick & Co.’s 103,508-sf lease at Greenwood Corporate Center, a 66,986-sf deal for 5280 Solutions in Highlands Ranch, a 49,584-sf lease by First Western Financial, and a 25,221-sf renewal and expansion for a big oil company downtown.
According to Cassidy Turley’s chief economist, Kevin Thorpe, who was in town for a market update hosted by the Denver office, Denver’s office market is “very close” to full recovery – although both he and Morris warn uncertainty over the European economic crisis and upcoming presidential election cloud the picture. See details on the CTF forecast in CREJ’s June 6 edition.
Jill Jamieson-Nichols has been an Editor with the Colorado Real Estate Journal for more than 15 years, providing coverage of office, industrial, medical office and mixed-use development news in the Denver metro area, plus all property types in Northern Colorado, Boulder County and along the Highway 36 corridor.
Prior to joining CREJ, Jill was Editor of Golden's community newspaper, The Golden Transcript. Jill earned a bachelor’s degree in mass communications from Colorado State University-Pueblo.
When she's not keeping you up-to-date on the latest happenings in Colorado's commercial real estate market, Jill can be found skiing, exploring the outdoors with her dogs, playing the piano, reading, or learning computer graphics.