WeWork brought in almost $1B in revenue in 2017 — the year it revealed its plan to become a ubiquitous part of its members' lives — when it nearly doubled its global footprint, the company's president revealed.
Good management translates into value, and well‐managed properties can improve the quality of life for the people in them. For last year’s Real Estate Management Excellence award recipients, challenging and reshaping best business practices is a daily part of the job. The Institute of Real Estate Management uses the awards to highlight positive business practices. Businesses continue to see the value in fostering corporate responsibility, and real estate professionals have followed suit. In an industry that thrives on interpersonal relationships, the REME Awards affirm real estate’s ultimate...
It was only a matter of time before cryptocurrencies began to permeate the commercial real estate industry. Slowly but surely, sellers are broadening their buyer pools by accepting bitcoin transactions when trading property, and landlords across the country are increasingly accepting bitcoin for rent payments.
DENVER — A nine-county region in Colorado has made the shortlist as a potential site for Amazon’s second North American headquarters. After reviewing 238 proposals from across the United States., Canada and Mexico, Amazon revealed 20 candidates it is considering for the HQ2 project. Colorado’s proposal for the nine-county region was a collaboration between the Metro Denver Economic Development Corp., the Colorado Office of Economic Development and International Trade and the nine-county region surrounding Denver. The nine counties are Denver, Larimer, Weld, Boulder, Broomfield, Adams,...
Crime levels have declined sharply in the US over the past two decades. According to FBI statistics, the rate of violent crime fell 50% between 1993 and 2015, the most recent full year available. However, public perceptions about crime don't always align with the data. In 21 Gallup surveys since 1989, the majority of Americans said there was more crime compared to the year before, despite the downward trend in both violent and property crime rates in the US during that period. Niche, a company that researches and collects reviews on cities, recently pinpointed the safest cities in the country...
Workplace stress abounds in offices across the U.S., as hours grow longer and tech advances often force employees to bring work home. To help alleviate pent-up tension in the workplace, Washington, D.C.-based Squeals on Wheels is bringing petting zoos to the office, providing employees with some friendly — and often fluffy — companionship during the day. Rabbits, puppies, teacup pigs, hedgehogs and even bearded dragons make appearances during the animal office parties offered by the company, the Washington Post reports. As people work longer hours and stress builds, businesses are seeking...
Randy Nichols, who co-developed the Pearl West building in downtown Boulder, has been added, as lead developer, to the project team working on a large and potentially transformative development on University Hill.
It Is Not The E-pocalypse: Brick-And-Mortar Claims More Online Retail Space E-commerce is not taking over traditional retail. A report from CBRE outlines how brick-and-mortar retailers account for roughly half of online sales and related activity.
Boulder (October 231, 2017) Dean Callan & Company is pleased to announce the leasing of over 55,000 square feet in The Campus at Longmont over the past 3 months. Hunter Barto and Dryden Dunsmore of Dean Callan & Company are the exclusive representatives for Balfour Pacific, and have assisted major tenant expansions and relocations to The Campus at Longmont. Thule, Inc. – 2420 Trade Centre. 19,096 square feet Redstone Aerospace Corporation – 2410 Trade Centre. 17,005 square feet Cray, Inc. – 2400/2410 Trade Centre. 14,292 square feet Guidestar Optical Systems, Inc. – 1501 S Sunset. 4,...
With Google planning on opening a new campus, and IBM and computer hardware-maker Seagate already in the area, the Boulder metro area ranks fifth in our analysis with 74 tech employees per 1,000 jobs. Though it has the most tech jobs of any metro area in the Centennial State, it also has in the southeast the Denver-Lakewood-Aurora metro area, where tech workers will find a higher annual median salary, $98,391 to Boulder’s $95,091
Big Colorado brewers are pitching in to make access to clean water fall lower on the list of things people affected by devastating flooding in Texas have to worry about. Oskar Blues Brewery shut down beer production in Longmont Tuesday afternoon, filling 88,800 cans with safe water. Trucks are estimated to arrive in Texas later in the week. Denver-based MillerCoors switched its Revolver brewing lines in Texas to can water. And Anheuser-Busch said it would stop canning beer in Georgia for a week to produce emergency drinking water. Floods and other natural disasters can damage and contaminate...
Boulder-based Namasté Solar has raised $3.1 million via a stock sale to expand its commercial division. Here is an example of Namaste’s rooftop solar installations at New Belgium Brewery in Fort Collins. Courtesy Namasté Solar.
2101 Exterior Photo.jpg LONGMONT — Balfour Pacific Capital Inc., a real estate and private-equity firm based in Vancouver, Canada, has acquired 27 commercial buildings in the Campus at Longmont for $69.6 million. Balfour Pacific, led by Sam Belzberg, acquired the buildings, totaling 870,000 square feet, last month from Crescent Real Estate, which has dual headquarters in Centennial and Fort Worth, Texas. Boulder-based Dean Callan & Co.’s Hunter Barto and Dryden Dunsmore are the leasing agents for Balfour Pacific. Dean Callan & Co. has a long history with the portfolio dating back to...
DBJ.PNG (Picture from The Denver Journal) Denver-based K2Ventures LLC on Thursday broke ground on a 289-unit, $76 million project in Lakewood, near the Oak Station on the W Line. The development, called Oak Street Station, will also include 2,500 square feet of ground-floor retail at 1420 Oak St. Charleston, South Carolina-based Greystar will manage the property. Units will range in size from 511 square feet to 1,177 square feet. “Occupying a full city block, the transit-oriented development will provide a new housing option adjacent to the light rail station,” said Kim Koen, principal at...
Come the end of summer, The Kitchen Restaurant Group plans to open its fifth Next Door location in Colorado, at Longmont's Village at the Peaks. The new Boulder County venue, slated to open Sept. 1, will combine a restaurant and bar in a 3,500 square foot space seating 130 diners. An outdoor patio, affording mountain views, will accommodate an additional 45 guests.
Lafayette's long-dormant grain elevator and silos property could soon be resurrected in the form of a new brewpub. The plans mark the latest attempt in recent months to bring a modern touch to the arts-minded city's historic enclaves amid inevitable growth surrounding Old Town.
When the City Council passed the 2015 building height moratorium, it did so under a general agreement that Boulder should work to better define the circumstances under which future developments present enough "community benefit" to merit height-limit exemptions.
The Boulder Planning Board voted 6-0 on Thursday night against an outright ban of banks on the first floor of Pearl Street buildings downtown, which the City Council temporarily approved two months ago.
By any measure, 2016 was a stellar year for the Pearl Street Mall the crown jewel of Boulder's downtown core. Sales tax revenue was up 10 percent, landlords fetched record lease rates for restaurants and retail shops, and 1.23 million visitors strolled along the manicured, motor-free street.
New-business filings exhibited “unrelenting growth” in the final quarter of 2016, while the energy sector has reached bottom but is in the early stages of recovery, according to a University of Colorado Boulder report released Thursday by Wayne Williams, Colorado’s secretary of state.
Part networking event, part lecture, the annual Boulder Economic Forecast, hosted by the Boulder Chamber, takes a comprehensive look at the local, state and national economies. A highlight of the event is the keynote by University of Colorado economist Richard Wobbekind. We sat down with Wobbekind to get a sneak preview of what this year's forecast will hold.
As Superior's leaders continue to usher plans for Town Center forward — the 157-acre development at U.S. 36 and McCaslin Boulevard is heralded by officials as the town's signal toward the future — concerns have grown among residents and some trustees as the long-slated project continues to be snarled by persistent delays.
In January, a Boulder County family plans to open Uturn BBQ, a brewery and barbecue joint that will serve up six-packs of its beers — and dinner, too — from a drive-thru window. Located in a former Burger King at 599 Crossing Drive in Lafayette, Uturn will also have indoor and outdoor seating, but the target market is busy commuters who don’t want to get out of their cars.
The search for a permanent home for the displaced Ras Kassa's Ethiopian Restaurant, which began almost two years ago before the celebrated eatery was ousted to make space for the slated Google campus, has ended in Lafayette.
Boulder, which already had the highest affordable housing linkage fee of any city between the country's coasts, approved an increase on Tuesday night and will now charge developers of office space $12 per square foot.
Boulder's downtown core has become something of a dining mecca for hungry locals and tourists alike, becoming the preferred location for hometown chefs to launch not just one but multiple concepts. But a recent rash of outside interest along Pearl Street, and the area's ever-rising rents, has restaurateurs wondering if the days of growth on their home turf are over.
Longmont's economy continues to move forward, with more than half of its primary employers planning to expand and add new products during the next two to three years, according to a report released Friday.
BOULDER, Colo. — The small city of Boulder, home to the University of Colorado’s flagship campus, has a booming local economy and a pleasantly compact downtown with mountain views. Not surprisingly, a lot of people want to move here. Something else is also not surprising: Many of the people who already live in Boulder would prefer that the newcomers settle somewhere else.
Dean Callan & Company's Beau Gamble laid the groundwork last year for Team Colorado as their coach and GM. This year, they're coming back to participate in The Basketball Tournament, "a sort of glorified pro-am, pay-to-play competition featuring a wealth of former college stars and even a few former NBA players".
Denver ranked first and Boulder 10th in Homes.com’s Tech City Index 2016, a newly released assessment that lists what it calls the best places to live in the United States for technology professionals.
Chernoff Boulder Properties recently paid a little more than $4.4 million for a trio of commercial buildings in Longmont that the firm plans to give a facelift and continue leasing. Brokers Dryden Dunsmore and Hunter Barto of Dean Callan and Co., represented Chernoff in the acquisition.
BOULDER — Google’s campus under construction at 30th and Pearl streets represents the highest-profile development along 30th Street, eventually employing 1,500 workers, but a wave of other projects promises to transform the corridor from the Diagonal Highway south to Walnut Street.