By Catie Cheshire – Reporter, Denver Business Journal The Equitable building in downtown Denver has been around since 1892 and the property managers of the historic building are on the quest to prove age is just a number. Elevate Real Estate Services has managed the Equitable for the last eight years and plans to invest $5.5 million in the building to modernize the infrastructure while maintaining the historic character to bring The...
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Landmark structure balances up-to-date energy standards with preserving historic architecture. The city of Denver has set goals for buildings to become more energy-efficient and less polluting. Built in the late 19th century, the landmark Equitable Building is undergoing a behind-the-scenes transformation to meet those goals in the 21st century.
Read MoreConstructed in 1892 as the most modern office building west of the Mississippi, downtown Denver’s Equitable office building, located at 730 17th Street, is once again providing the framework for office buildings to modernize via engineering ingenuity and lower operating costs. Like many other downtown office buildings, the Equitable—which is owned by individual office users and managed by Elevate Real Estate Services, Inc.—was...
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Durable skills: The hardest asset in commercial PM In the dynamic world of commercial property management, success isn’t just about maintaining buildings – it’s about managing relationships. Property managers are the linchpin holding together complex real estate ecosystems. Our multifacing role requires a unique skill set beyond technical expertise. And as technical skills continue to rapidly evolve, a core set of durable soft skills...
Read MoreStrategies to keep your building afloat It’s no secret that Denver’s office market is in stormy waters. The vacancy rate hit an all-time high at 33.8% in second-quarter 2024. This has disproportionately affected Denver’s stock of 1980s builds compared to buildings constructed after 2015, which have a much lower vacancy rate – as low as 5% in the Cherry Creek submarket, according to a recent news article. Contributing factors....
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