This Week’s Denver Deal Sheet
This week, Koelbel and Co. and Hemmeter Ventures launched Work Simple, a new work-near-home office project for suburban markets, according to a press release.
A key difference between Work Simple and other coworking concepts is that Work Simple will own its buildings, the release said. It will also focus on converting distressed properties in the traditional office market into private workspaces.
“Many workers can’t or don’t want to work from home anymore, but they also don’t want long commutes,” Work Simple CEO and co-founder Mark Hemmeter said in the release. “Work Simple is the solution for working NEAR Home, when working FROM doesn’t work.”
PEOPLE
JLL hired Jason Addlesperger and David Lee as senior managing directors and Philip Lee as vice president of the company’s industrial and logistics services group in Denver. Combined, the three individuals have more than 60 years of experience and have completed more than $3B in transactions.
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Stephanie Greene joined CBRE has its managing director for sustainability solutions. Greene previously led the Rocky Mountain Institute’s sustainable buildings initiative and has also worked as the director of clean transportation strategy and policy at Pacific Gas and Electric Co.
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National urban planning and landscape architecture firm Norris Design promoted Cameron Braatz and Adam Loughrey to associates in its Denver office.
SALES
A local real estate investor sold a three-story, 18-unit apartment building at 1220 North Gaylord St. in Denver’s Cheesman Park for $3.7M to an undisclosed buyer. Calibrate Real Estate’s Kyle Malnati represented the seller while Sam Bretz represented the buyer.
THIS AND THAT
WeWork closed its location at The Lab at 2420 17th St. in Denver, the Denver Business Journal reported. The company still has five open locations in Denver and one in Boulder.
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Denver has the nation’s sixth-largest concentration of eco-friendly office spaces, according to a new analysis by 42floors.com, a real estate data company. That total put Denver ahead of larger cities like New York City and Seattle.
