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Cresa Denver
1001 17th Street
Suite 1225
Denver, CO 80202
303.228.0800 tel
303.813.1639 fax
Email
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Denver

Welcome to Denver!

A member since 1994, Cresa Denver specializes in all areas of commercial real estate, including real estate and workplace strategy, leasing and dispositions, corporate finance, industrial leasing and dispositions, analyses and restructuring leases. In addition, our multi-faceted Project Management & Relocation team helps plan, design, construct and relocate your next office, laboratory, warehouse or sports complex. And our Facilities Management team works to maintain them. Cresa Denver is reputed as the “Colorado HQ provider” with such notable Colorado clients as DaVita, DigitalGlobe, Gates, The Gathering Place, Vail Resorts, Webroot and more, while at the same time, servicing Cresa clients in more than 50 cities nationally in the recent past.

Denver Facilities Consulting Firm Merges with Boston Tenant-Rep Company

Denver-based facilities consulting firm BGL has merged with the Denver operations of Cresa Global Inc., a Boston-based commercial real estate firm specializing in tenant representation.

BGL was founded in Denver in 1984 and provides facilities design and consulting, relocation management, and technical services to tenants. BGL has worked with clients such as Charles Schwab Corp., Visa Inc., Xcel Energy Inc., Whole Foods Market, and Wells Fargo & Co.

The two companies have been sharing office space at 1515 Arapahoe Street since 2014 and began to notice similarities in company culture and goals.

CLICK HERE TO READ THE FULL ARTICLE
 

Cresa Denver Promotes Garrett Johnson to Managing Principal

Garrett Johnson, Managing PrincipalCresa Denver is pleased to announce the promotion of Garrett Johnson to Managing Principal. Brendan Fisher, Managing Principal of Cresa Denver, announced Johnson’s promotion and added “We are pleased to have Garrett join our leadership here in Denver. He has been an important member of our team and is a true leader within our organization." 

Johnson, a graduate of the University of Colorado Leeds School of Business, joined Cresa in 2007 and since that time has rapidly increased his roles within the company. In addition to his responsibilities in Denver, Garrett serves in a senior position on the Cresa Global Executive Leadership Council and is an active participant in the company’s technology practice. Bill Baldwin, Managing Principal and Member of the Cresa Global Board of Directors commented, “We are very pleased with Garrett's ascension to Managing Principal, he has provided important leadership both in the Denver office and our international organization.”  

Johnson, who has represented some of the areas most prominent technology companies including DigitalGlobe, IQNavigator, Altitude Digital and Tendril will share responsibilities for leadership and growth in the Denver office. On his promotion Garrett added, “I am very pleased to accept this position of trust and responsibility amongst my partners at Cresa. This is a great organization offering objectivity and principled advice to our clients and I look forward to continuing to build on the great tradition of Cresa locally and across the globe.”

BGL

  • Denver

    Total Office Market

    Supply
    195,899,146 SF
    Vacancy
    9.3%
    Absorption
    1,305,413 SF
    Avg. Lease Rate
    $25.11/SF
  • Denver

    Total Office Class A Market

    Supply
    64,607565 SF
    Vacancy
    10.3%
    Absorption
    288,840 SF
    Avg. Lease Rate
    $29.92/SF
  • Denver

    Total Office Class B Market

    Supply
    105,287,103 SF
    Vacancy
    10.0%
    Absorption
    756,078 SF
    Avg. Lease Rate
    $22.07/SF
  • Denver

    Total Flex Market

    Supply
    53,730,385 SF
    Vacancy
    9.4%
    Absorption
    193,489 SF
    Avg. Lease Rate
    $11.03/SF
  • Denver

    Total Industrial Market

    Supply
    301,717,070 SF
    Vacancy
    5.0%
    Absorption
    402,899 SF
    Avg. Lease Rate
    $8.47/SF
  • Denver

    Total Warehouse Market

    Supply
    247,976,685 SF
    Vacancy
    4.4%
    Absorption
    209,410 SF
    Avg. Lease Rate
    $7.58/SF

Market Insights

People

Bill Baldwin Managing Principal 303.302.1617
Deserie Bernal Administrative Assistant 303.228.0365
Matt Burton Advisor, Industrial Services 303.302.1625
Kirsty Cameron Advisor 303.228.0268
Scott Churchley Vice President 303.302.1622
Emily Conroy Accounting Associate 303.228.0262
Cheryl Davis Creative Services Manager 303.302.1606
Rick Door Managing Principal 303.302.1613
Winters Heafey Advisor 303.228.0260
Paul C. Herzog Managing Principal 303.228.0273
Justin Hubler Advisor 303.302.1623
James Huzella Senior Advisor 303.302.1624
Bruce Johnson Managing Principal 303.302.1611
Garrett Johnson Managing Principal 303.302.1618
Jay Johnson Senior Vice President 303.228.0278
Chad Kollar Managing Principal 303.302.1621
Charlie Lutz Vice President 303.228.0272
Jodi L. Mullins Business Manager 303.302.1614
Rachel Ngola Vice President, Finance 303.228.0265
Robbie Nichols Advisor 303.302.1626
Julie Pero Senior Advisor, Project Management 303.228.0800
Mike Statter, SIOR, CCIM Senior Vice President 303.228.0270
Cassie Stenson Marketing Associate 303.228.0264
Becky Van Epps Receptionist 303.302.0800
Gabriela Vlcek, P.E. Project Manager 303.228.0274

News

Success Stories

Client Location Sq. Footage
ADA-ES, Inc. Highlands Ranch, CO  50,000  
Advanced Orthopedic Parker, CO  13,352 
Akamai Denver, CO  10,720 
Amerisource Bergen Denver, CO  125,000 
Behavioral Healthcare, Inc. Aurora, Colorado  11,085 
Boston Market Golden, CO  62,000 
Boston Market Renewal Golden, CO  62,958 
Ciber Plano, TX  26,988 
Clopay Denver, CO  29,442 
CPN Realty Englewood, CO  13,500 
DaVita Headquarters Denver, CO  271,000  
DaVita Healthcare Inc. Denver, CO  64,000 
DaVita HealthCare Partners Inc. Denver, CO  265,000 
DaVita Healthcare Partners, Inc. Denver, CO  265,000  
DaVita Healthcare Partners, Inc. Denver, CO  46,815 
Deckers Outdoor Corp Broomfield, CO  30,726  
Developmental Pathways Aurora, CO   46,604 
Digital Globe Longmont, CO   93,456 
Eagle Flooring Englewood, CO  17,202 
Eclectic Hive Denver, CO   14,873 
Eide Bailly Golden, CO  20,234 
Exclusive Resorts Denver, Colorado  34,146  
Faegre Baker & Daniels, LLP Boulder, CO  32,854 
Fresenius Medical Care Greenwood Village, CO  37,326 
gloProfessional Denver, CO  32,779 
Henry Schein, Inc. Golden, CO  24,482 
Holland & Hart Central Business District, Denver, Colorado  155,432 
Holland & Hart Billings, MT  15,600 
HOSTING Louisville, KY  25,500 
HOSTING Irvine, CA  47,000 
HOSTING - Denver Denver, Colorado  41,323 
Hunter Douglas Specialty Products Denver, CO  64,753 
Hydrofarm Denver, CO  86,788  
Insulation Distributors, Inc. Denver, CO  19,200 
IQ Navigator Greenwood Village, CO  27,647 
Key Point Government Solutions Loveland, CO  33,528 
L-3 Communications Colorado Springs, Colorado  18,500 
La Sportiva NA Boulder, CO  52,228 
Lewis Bess Williams & Weese, PC Denver, CO  21,932 
MDA Information Systems Longmont, CO  10,000 
Medtronic Navigation Louisville, CO  44,105 
Millennium Engineering and Integration Company Englewood, Colorado  12,920 
National Cattlemen's Beef Association Centennial, CO  49,958 
Northstar Anesthesia Irving, TX  27,706 
Northwest Door Denver, CO  27,300 
Omni Financial Services Broomfield, CO  24,503 
Oracle Louisville, CO  58,935  
Oracle Denver, CO  27,470 
Oracle - Lease Disposition Denver, CO  14,234  
Performance Mobility Denver, CO  12,035 
Piedmont Plastics Headquarters: Charlotte, NC   
Premier Tire Denver, CO  110,000 
Quest Diagnostics Denver  100,000  
RAFT Denver, CO  28, 752 
Southwest Generation Central Business District, Denver  11,736 SF 
Space Age Federal Credit Union Aurora, CO  14,000 
Structural Integrity Centennial, CO  16,629 SF 
The Mulhern Group Denver, CO  7,640 
The Shane Company dba Western Stone & Metal Kansas City, MO; Denver, CO  61,985 SF 
The Trade Desk Boulder, CO  13,010 
TricorBraun - Denver Aurora, CO   64,958 
Trimble Westminster, CO  15.53 Acres 
Trimble Vaughn, Ontario  14,598 
Trimble - Sunnyvale Sunnyvale, CA  138,874 
Twitter Boulder, CO  30,821 
Vail Resorts, Inc. Broomfield  56,000 
VMware Colorado Springs, CO  38,869 
Westerra Denver, Colorado   
Whitcomb, Selinsky, McAuliffe PC Denver, CO  4,118 
World Triathlon Corp. Boulder, CO  19,386 
Wowza Media Systems Golden, Colorado  13,811 
XO Communications Englewood, Colorado  12,000 SF 
Zavanna Central Business District, Denver  10,463 
Zynex Medical Lone Tree, Colorado  75,328 

Subleases & Sales

Property Available Space Rental Rate
Lease: 7604 Technology Way, 1st Fl.
7604 Technology Way
1st Floor, Suite A & B
Building II
Denver, CO 80237
10,767 SF Divisible : Suite A - 5,271 SF & Suite B - 5,496 SF $23.00 FSG
Sublease: 400 W 48th Ave
400 West 48th Ave
Denver, CO 80216
4,000 - 33,141 RSF - Divisible $16.00 / SF Gross
Sublease: 1400 Glenarm Place
1400 Glenarm Pl
Suite 302
Denver, CO 80202
2,070 SF on 3rd Floor $27.00 - $29.00 FSG
Sublease: 10065 E Harvard Ave
10065 E Harvard Ave
Denver, CO 80231
67,142 SF Negotiable
Sale: 1850 Cypress - New Price for Terrific Full Building Opportunity
1850 Cypress Semi Drive
Colorado Springs, CO 80921
15,000 to 68,829 SF Entire Building Negotiable
Sublease: 10375 Park Meadows Dr
10375 Park Meadows Dr
Suite 250
Lone Tree, CO 80124
Suite 250 $18.00 SF, Full Service
Lease: 7700 Technology Way, 1st Floor
7700 Technology Way
Building 3, 1st Floor
Denver, CO 80237
Space A 3,868 SF & Space B 3,305 SF $18.00 FSG
Sale: 320.75 Acres - Fountain, CO
11250 Charter Oak Ranch Rd
Fountain, CO 80817
The property consists of two parcels: (i) an 8.45 acre piece located at the northern end with Charter Oak Ranch Drive frontage, and (ii) the remainder of the property, which totals 312.35 acres. The Seller would consider selling these parcels separately. Sale Price Negotiable
Sale: Hunter Douglas Plat
Thornton, CO 80241
Block 3 $3.25 SF
Lease: 5239 S. Rio Grande
5239 S. Rio Grande
Littleton, CO 80120
5239 - 6,800 SF Office $2,000 - $3,800 Month
Sublease: 1095 Canyon Blvd
1095 Canyon Blvd
Boulder, CO 80302
3,030 SF First Floor $25.00 SF NNN
Sublease: 972 West Dillion - Louisville
972 West Dillion
Unit C
Louisville, CO 80027
4,042 SF $22.00 SF NNN
Sale: 1640 Grant Street
1640 Grant Street
Denver , CO 80203
19,760 SF (18,719 RSF) $222.55 sale price per SF
Sublease: 6284 S Nome Court
6284 S Nome Court
Unit B
Englewood, CO 80111
24,000 SF $6.95 NNN
Sale: 5050 Smith Rd. Industrial/Development Opportunity
5050 Smith Road
Denver, CO 80216
Sublease: 9635 Maroon Circle
9635 Maroon Circle
Suite 350
Englewood, CO 80112
4,627 SF $20.00/SF
Sublease: 8201 Interport Blvd
8201 Interport Blvd
Englewood, CO 80112
1,500 SF $23.00 FSG
Sublease: 1515 Arapahoe St
1515 Araphoe Steet
Suite 400
Denver, CO 80202
2,484 SF $24.00 FSG
Sublease: 1110 17th Street
1110 17th Street
Denver, CO 80202
3,121 RSF Negotiable - Will be aggressive
Sublease: 1830 Lefthand Circle
1830 Lefthand Circle
Longmont, CO 80501
19,206 GSF Negotiable
Sublease: 10358 Westmoor Drive
10358 Westmoor Drive
Suite 400
Westminster, CO 80012
7,500 - 30,000 SF $17.00 to $19.00/NNN
Sale: 104th Ave & I-76 Industrial Land for Sale
I-76 and 104th Ave
Henderson, CO 80640
+/- 165,000 SF
Sublease: 1450 Infinite Dr
1450 Infinite Dr
Louisville, CO 80027
58,935 SF DIVISIBLE - Office Space- Lab Space - Clean Room Space Negotiable
Sale: Investment with Business For Sale Opportunity
1202 E 58th Ave
Denver, CO 80216
2.51 Acres, 10,150 SF Gross Building Area
Sublease: Rare Golden Area Flex Space
15000 W 6th Ave
Suite 400
Golden, CO 80401
4,683 SF FLex $11.15 SF NNN
Sublease: 10075 Westmoor Dr.
10075 Westmoor Dr
Westminster, CO 80021
61,122 RSF Divisible Negotiable
Q3 Office Market Report
With each new quarter, we bring you updated market statistics from across the front range. In the third quarter of 2017 we’ve seen a slight but continuous growth in rental rates, vacancy rates continue to be in an equilibrium condition and […] Read More
Cresa Welcomes Three Members to the Denver Office
Cresa’s Denver office has welcomed three new members: Project manager, Gabriela Vlcek, accounting associate, Emily Conroy and marketing associate, Cassie Stenson. Read More
Cresa Viewpoint: Planning for Future Office Space Needs in the Face of Changing Workforce Demographics
The current multi-generational workforce that comprises the Baby Boomers and the younger generations (X, Millennials, and Z) represents a significant and high-speed evolution of the workplace. Over the next five to seven years, the workforce is […] Read More
Thank You, Veterans
When I woke up this morning, I reached over to turn off my alarm and saw I had a few texts. They all said happy Veteran’s Day, thank you for what you did. I have an amazing group of friends and family who supported me throughout my entire time in […] Read More
My Transition from the Military to Civilian Life—
The second semester of my senior year at Denison University in Granville, OH, was the opposite of my peers. I had enlisted into the United States Army on February 22nd. I was scheduled to report to Basic Training June 22nd, a little less than a […] Read More

Denver MarketWatch

See What's Happening in Your Market | Q3 2017

36 Corridor

Boulder

CBD/LoDo/Platte

Colorado Springs

East

Industrial

Metro

SES I-25

West

Real Estate Market Forecast

Noted Economist Patty Silverstein gives her projections on the economy along with Cresa's forecast on the Southeast Suburban, CBD/LoDo, and Boulder/Broomfield markets for office space.

Click on the links to the right for the full presentations.

Forecast PPoint Boulder/Broomfield

DENVER news

Denver News - July, 2017
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It’s Official:

Twitter’s Dublin HQ is ‘Greenist’ in the World

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Ergo-centric Solutions to Get Employees

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To Commit or Not to Commit

Exclusive Agreements with a Real Estate Broker

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