Jonathan Rose

2 weeks ago | bisnow.com | Jonathan Rose

Lumen Technologies’ 55-acre Broomfield campus failed to sell at auction, casting uncertainty over the future of the sprawling suburban site. The four-building campus at 1025 Eldorado Blvd., which includes 792K SF of Class-A office space and a 9.5-acre undeveloped parcel, was put up for sale through an online auction platform with a $6.5M starting bid. The reserve price wasn't met, and the listing has since been removed from property search site LoopNet, according to the Denver Business Journal.

2 weeks ago | bisnow.com | Jonathan Rose

Schlosser Signs acquired a 100K SF Class-A industrial facility at 31815 Great Western Drive in Windsor for $14.2M in a property exchange with investor Bar S U. Bar S U picked up Schlosser’s newly built 21K SF industrial building at 3505 Draft Horse Court in Loveland for $5.2M. Cushman & Wakefield’s Jason Ells and Cole Herk brokered both sides of the swap. Schlosser’s new space is one of a few large-format, high-bay industrial facilities of 100K SF or more in the region, Ells said in a release.

2 weeks ago | bisnow.com | Jonathan Rose

A nationwide slowdown in life sciences leasing activity tempered enthusiasm for Denver-based REIT Healthpeak Properties despite overall revenue growth in the first quarter. Healthpeak posted $687M in revenue for the quarter, an annual increase of 14.4%. The company beat earnings expectations and generally turned in a strong quarter, but it maintained its existing guidance for the rest of the year on concerns about life sciences, which makes up about 35% of its portfolio.

2 weeks ago | bisnow.com | Jonathan Rose

Denver’s office market kicked off 2025 on the same bumpy road it has traveled for five years now. The market saw more move-outs and rising vacancy — and big risk for building owners. Total vacancy hit 26.8% in Q1, according to CBRE’s first-quarter Denver office report, up 70 basis points from the previous quarter. That’s a 170-basis-point increase from a year ago and adds to “financial pressures” increasing the likelihood of foreclosures and loan defaults, the report says.

2 weeks ago | jdsupra.com | Brian Benjet |Jonathan Rose |Emily Heck

The US Supreme Court has issued a unanimous opinion that could lead to an increase in litigation for prohibited transaction claims under the Employee Retirement Income Security Act of 1974, as amended (ERISA). Case backgroundThe decision in Cunningham v. Cornell University, which came on April 17, 2025, revived a class action in which Cornell University employees alleged that Cornell’s retirement plan paid unreasonable recordkeeping fees.