Hines and Invesco Real Estate announced that 1515 Wynkoop earned Platinum certification under the U.S. Green Building Council’s LEED rating system for existing buildings. Completed in 2009 and owned by a separate account pension fund client of Invesco Real Estate, 1515 Wynkoop is
The Greater Denver Chapter of the Institute of Real Estate Management voiced opposition to the current recommendations of the Energize Denver Task Force in a letter to the Department of Environmental Health.
“I was shocked and concerned to find out, just the day before yesterday, that the city of...
Spec suites – spaces that are built out by a building owner for the purpose of marketing a vacant suite or floor – are growing in popularity and in size, with new projects devoting entire floors and buildings to spec space.
I recently moderated a panel at the Colorado Real Estate Journal’s 13th Annual Property Management Symposium. The panel, comprising Doug Wulf of Cushman & Wakefield, Jamie Gard of NGKF and Alec Wynne of Avison Young, was focused on the competitive nature of office spaces in the current market.
Many property managers are discovering that closing up an open-office floor plan after a tenant vacates the property can be challenging, especially if the original build-out was for a more traditional company. Open-plan characteristics can vary widely, but most consist of 12-foot ceilings (or higher); exposed ductwork; perimeter windows, if available; very low or no walls; and concrete slab...
Since the Great Recession ended, construction costs in Colorado have skyrocketed. The way property managers budget tenant improvement projects and building updates must be adjusted to take the rising costs into consideration.
“In 2014, the costs of construction caught up with this rapid increase in demand, and we saw costs increase somewhere between 15 and 20
General manager of Unico Properties’ Denver portfolio
Property management is not the most glamorous side of the commercial real estate industry. We are the boots on the ground, dealing with an infinite variety...