How much longer will this commercial real estate market last? This question without a doubt is on every CRE professional’s mind and now big banks are becoming increasingly wary of the market. According to Bisnow, “Commercial real estate lending increased by $26.4B in Q1, but research shows the nation’s largest 25 institutions are beginning to back away from the market.”…
Passed in November 2017, the Denver Green Roof Initiative has made it a requirement for any new construction project of 25,000 square feet or more to have a roof covered with vegetation or solar panels. While this of course supports a healthy Denver environment, new construction projects will be finding it more difficult to complete…
If the beautiful scenery of Colorado does not draw you into the state then the opportunities for work will. The statewide unemployment rate of 3% as of February 2018 is lower than the United States rate of 4.1% and the month of February illustrated this when over 8,000 jobs were added which exceeded prior months. Along…
With evidence such as having the #1 economy out of the 50 states for 2018 (ranked by the U.S. News & World Report); there’s no question that Denver is growing and it won’t be stopping anytime soon. This being said, problems including affordable housing come along with having as hot of a market as Denver…
In honor of International Pi Day, Gleb our intern brought in an apple pie. Looks like Tony is enjoying Pi Day! Thank you Gleb the intern!
The proposed idea for an Aerotropolis district south of Denver International Airport is slowly but surely becoming a reality. According to Bisnow Denver, “The city of Aurora, the Adams County Board of Commissioners and the Aerotropolis Area Coordinating Metropolitan District have executed an intergovernmental agreement establishing the Aerotropolis Regional Transportation Authority, which will oversee the…
In an effort to keep you updated on what’s happening with the downtown Denver skyline, we bring you an update to yesterday’s update. How many updates are too many for one sentence? Read the entire Denver Business Journal article here: https://www.bizjournals.com/denver/news/2018/02/20/downtown-denver-super-skyscraper-here-are-more.html?ana=e_den_bn_breakingnews&u=kHiE8LKOOojo0sIKU+mwBtJ2LTM&t=1519148902&j=80095721 For updates on what the WIN Team is working on in the commercial…
Dream big, but not too big are the words that can be taken away from this latest news. Last fall, Downtown Denver was thrown the idea for a 90-story, 1000-foot-tall skyscraper which would sit off the corner of 17th and California. Named Six Fifty 17, the building will no longer be as tall as imagined…
If you thought Amazon couldn’t take over the U.S market even more than it already has, you thought wrong. Amazon is planning to introduce their own delivery service called, “Shipping with Amazon”. This delivery service has been in the works since 2016 and will help save the leader in e-commerce approximately $1.1 billion annually. Shipping…
M & J Wilkow Ltd., a commercial real estate firm based out of Chicago has acquired the Cherry Creek Corporate Center in Glendale, Colorado. An official purchase price has not been revealed, but according to a report by the Denver Business Journal, “Alliance Commercial Partners purchased the property for $33.5 million” in 2014. The Cherry Creek…