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Parent company of Ugg, Teva opening call center in Broomfield

Posted on: Jul 8 16

by: admin

By Shay Castle
Staff Writer

The parent company of footwear brands Ugg and Teva, among others, is planning a call center in Broomfield that could employ up to 250 people during the busy holiday season.

Deckers Brands, based in Goleta, Calif., is moving a call center from Flagstaff, Ariz., to Broomfield.

Mary Oeffling, a spokesperson for the company, said negotiations are still underway for space of Broomfield commercial real estate at 11525 Main St., next door to TIAA, Ctgy and Mercer Investments.

Oeffling said Broomfield was chosen because of the area’s “great workforce and ability to flex.”

“There’s a strong candidate pool (there) with right skill set and ability to grow in the area,” she said.

The center will be open by August. Peak employment this year will reach 150, ramping up to 250 within a few years. The majority of those workers will be full time, Oeffling said.

Salaries for the workers have not been disclosed, but a recruiter for the company told BizWest last week that the pay will be competitive.

Online job listing site Glassdoor.com shows entry level call center positions averaging $11 to $15 an hour nationally, with supervisors starting around $50,000 on average.

A job fair is planned July 12 and 13 at the Aloft Hotel, 8300 Arista Place, for call center leads, call center representatives, and administrative assistants.

Deckers’ portfolio also includes brands Sanuk, Ahnu and Hoka.

Broomfield Commercial Real Estate just acquired Zonability!

Posted on: Jun 28 16

by: admin

This new zoning decoder gives us the ability to help property owners or potential buyers get a jump start on assessing the highest and best use for a specific location.

– Envision more than the obvious potential use.
– Learn if the lot is already built out to a maximum.
– Find out use, size and height potential for next door or nearby.

#Broomfield, #CRE

Broomfield tech firm Avoka raises $12M, could add 25 local jobs

Posted on: Jun 28 16

by: admin

by BizWest Staff on June 28, 2016

#Broomfield#CRE
A financial technology firm’s recent funding round could mean 25 more jobs at the company’s Broomfield commercial property headquarters.

The Denver Post reports that Avoka has raised $12 million to expand both locally and in Sydney, Australia. Officials for the company, which improves the process of filling out online forms, told the paper that the growth could mean going from 35 employes in Broomfield to as many as 60.

Broomfield ranks as ninth fastest-growing city in the country

Posted on: Jun 1 16

by: admin

Broomfield News

Census data tracked July 2014 to July 2015

Aldo Svaldi

For the Enterprise

POSTED: 05/25/2016 02:20:58 PM MDT
Colorado’s population increased by almost 102,000 people last year, but the state added just 25,143 new homes, condos and apartments to accommodate those newcomers, according to updated estimates from the U.S. Census Bureau.

#Broomfield was chief among the cities experiencing rapid growth.

The division of those two numbers explains the multiplication of headaches for anyone trying to buy or rent a home along the northern Front Range: The average household size in Colorado is 2.5 people. That means the state should have added 40,500 housing units. Instead, it is running 15,000 homes short of where it should be, adding to a deficit that has been mounting since 2012.

“This is a perfect cocktail for a really bad housing outcome,” Washington-based housing economist Elliot Eisenberg said. “There is no solution except building more houses, but no one is going to do it.”

Between July 2, 2014 and July 1, 2015, Broomfield’s 5.2 percent population gain to 65,065 residents put it at the 9th fastest growing city overall, according to census data.

Broomfield’s “build out,” a theoretical time when all land that can be developed is developed, will encompass Broomfield’s 33.6 square miles.

Kevin Standbridge, assistant city and county manager, said they expect Broomfield residential to build out before Broomfield commercial, and that housing could take 20 to 25 years.
A few things contributed to the rapid growth, Standbridge said, including multiple family development along U.S. 36 and the employment base in the Interlocken area. Single family homes in the Anthem neighborhood also continue to sell well.

More access, and a higher level of service, to the bus rapid transit along U.S. 36 from Boulder to Denver also makes the area a more viable place to live and work.

Texas was home to five of the 11 fastest-growing cities, including Georgetown, New Braunfels, Frisco, Pearland and Pflugerville.

On a visit to Denver in December 2014, Eisenberg warned that the region needed to open the construction floodgates. But census counts released Thursday show that didn’t happen. New units have risen 1.1 percent a year the past two years. Population gains are running 1.9 percent, measured in the 12 months ending July 1, when the Census Bureau does its measuring.

In 2012, the shortfall was greater — 19,000 units. That year, population increased 72,251 people, and only 9,251 new homes and apartments were built.

But there was a big difference back then.

Colorado, like many states, was shaking off a recession that followed loose lending and overbuilding. Homes were vacant, and a super-tight market that caused home prices to skyrocket seemed unthinkable, given the sharp price declines of the recent past.

But since 2012, the state is about 55,000 homes and apartments short of what it needs based on population growth, not accounting for vacant units that got absorbed.

A long list of maladies follows when supply chronically lags demand, Eisenberg said, and metro Denver is showing all the symptoms — apartment rent hikes that outstrip income gains, a record low number of homes for sale triggering heated bidding wars, nation-leading home price gains, gentrification in once-affordable neighborhoods and widespread scraping.

Denver native Richard Lopez bought a home near Sloan’s Lake in 1990 that has surged in value in the past few years. That’s a positive, but his property taxes have nearly doubled and represent a huge financial burden that could push him out.

The property next door was scraped and replaced with a $1.25 million house that blocked the mountain views from Lopez’s second-story windows. Neighbors he knew for years are gone, replaced by out-of-state strangers driving BMW and Lexus vehicles, not Hondas and Chevys. And while there are tons of new restaurants in the neighborhood, he says he can’t afford to eat at them.

“It is alarming,” he said. “Gentrification is pushing people out who have lived here their whole lives.”

According to the data released Thursday, the city of Denver joined the list of the 20th most populous cities in the U.S., moving up two points to 19th. Colorado Springs moved up to become the 40th most populous city. Greeley hit the population 100,000 mark for the first time during that period.

Denver had the fastest growth rate among big cities in the U.S., with a 2.8 percent population gain during the 12-month period that ended July 15.

Colorado has proven especially popular with young adults. And state demographer Elizabeth Garner said household sizes are getting smaller, especially in hot spots such as Denver.

That requires that even more housing be built. But rising costs will force coping strategies, such as households doubling up and homeowners renting out basements and spare bedrooms, Eisenberg predicts.

Ad hoc housing units — like a room in a basement — don’t show up in official census counts, but they can relieve pressure in tight housing markets. They are, at best, stopgap measures.

Assuming the northern Front Range remains a popular destination to relocate, there is a risk that housing shortages will become chronic and high costs entrenched, a problem California has long struggled with.

“The best you can do is to hope to build enough houses so the situation doesn’t get worse,” Eisenberg said.
Jennifer Rios contributed to this article.

German company to move U.S. headquarters to Broomfield

Posted on: Jun 1 16

by: admin

By Jennifer Rios

Staff Writer

POSTED: 04/12/2016 09:31:27 PM MDT

German plumbing equipment manufacturer Viega, LLC is moving its U.S. headquarters, and 190 new jobs, to #Broomfield after finding 12 acres of warehouse space for sale.

The company, whose corporate headquarters are in Attendorn, Germany, will move their United States headquarters from Wichita, Kansas to Broomfield.

The company is in the process of buying about 12 acres to construct a Broomfield manufacturing building at 575 Interlocken Blvd to build a 20,000-square-foot training center and a 60,000 square foot headquarters building.
“We are glad that you’re coming here,” Mayor Randy Ahrens said. “We’re thrilled. We had the State of the City the other day and I just about announced you’re coming.”

Construction is expected to start this year with completion by the end of 2017.

Viega is a family owned company, Lars Erkelenz, a supply chain project manager for Viega said, and is involved in the community, which is a good fit with Broomfield.

“Viega is a family-owned company and they are involved in a community,” Erkelenz said, “and that is something you will like. They engage themselves.”

The firm was founded in 1899 to sell brass beer taps, and moved into plumbing in the early 1900s. Its North American operations were launched just 17 years ago with the Wichita headquarters, and then an educational facility was added in Nashua, New Hampshire 10 years ago. Manufacturing plants were built in Reno, Nevada in 2006 and McPherson, Kansas in 2008.

The company now is a global leader in press pipe fitting technology and manufacturing, selling, and distributing thousands of products for industrial, commercial and residential applications, as well as water quality solutions.

The proposed training center will result in the addition of 3 jobs, according to a Broomfield city council memo.

Council members approved an agreement that would provide Viega with a 50 percent rebate of the city and county’s Business Personal Property Tax estimated at $99,793, according to the memo, for a term not to exceed 10 years.

The company’s new headquarters will qualify for a real property tax rebate of up to $353,000 for the same length of time.

Westminster to Union Station commuter rail opens July 25

Posted on: May 27 16

by: admin

Source: Westminstereconomicdevelopment.org

5/25/2016
New line will travel between Downtown Denver and Westminster in 11 minutes

RTD NEWS RELEASE:

The Regional Transportation District (RTD) received official notice that the B Line from #Denver Union Station to Westminster will be ready and open for service on July 25, 2016. This notice came from project concessionaire, Denver Transit Partners (DTP).

B Line will carry passengers from downtown Denver to #Westminster on commuter rail in 11 minutes.

“RTD staff, our contractors as well as our federal, state and local partners have put in a remarkable effort to complete the B Line’s first segment,” RTD Chair of the Board of Directors Tom Tobiassen said. “This rail line will be the third project this year the agency opens to the public with the G and R Lines coming later in 2016. This many major transit line openings in one year are unprecedented in public transportation and the region should be proud of the collaboration that is making it happen.”

The B Line to Westminster will be the second electric commuter rail line to operate in Denver—the first being the University of Colorado A Line to Denver International Airport, which began service on April 22.

“Our ability to bring this type of rail connection to the Denver area is ground-breaking and will change the way residents and visitors experience our great cities,” said RTD’s CEO and General Manager Dave Genova. “We have elevated the standards of transit by implementing an electric commuter rail system that is safe, quick and highly accessible.”

Electric commuter rail vehicles are faster than light rail, with a top speed of 79 mph versus 55 mph. The vehicles are also larger and carry more people than light rail vehicles—200 people at maximum. Commuter rail vehicles have level boarding at all doors of the train and have two wheelchair spaces per car. These trains also have large seats, overhead storage, luggage towers and bicycle racks.

This segment of the B Line will serve two stations—Denver’s Union Station and the new Westminster Station located at West 69th Avenue (future Westminster Station Drive) and Grove Street.

“The opening of Westminster Station in a few short months presents a tremendous opportunity for the city and regional commuters — 11 minutes nonstop to Denver from a signature station will be a catalyst for future development,” Westminster Mayor Herb Atchison said. “We’re excited to be leading the way with the first connection on the #FasTracks Northwest Rail line to #Boulder and Longmont.”

The remaining segment, from south #Westminster to #Longmont, will be diesel-powered commuter rail. Construction of the line from Westminster to Longmont will begin when funding becomes available.

For more information about the B Line visit http://www.rtd-denver.com/b-line.shtml.

The B Line to Westminster is part of the Eagle P3 project, the nation’s first full public-private partnership for transit. Eagle P3 is a $2.2 billion project, which includes local RTD taxes combined with a $1.03 billion federal grant and $450 million from DTP, the project concessionaire. As concessionaire, DTP will build, operate and maintain the trains for 34 years.

The Eagle P3 Project is part of FasTracks—RTD’s 2004 voter-approved plan to expand transit services. The plan includes building 122 miles of commuter rail and light rail and 18 miles of bus rapid transit service, adding 21,000 new parking spaces, the redevelopment of Denver Union Station, and the redirection of bus services to better connect the eight-county District. For more information, visit http://www.rtd-denver.com.

Broomfield-based The Allen Company buys 20 acres for new Louisville campus

Posted on: May 26 16

by: admin

LOUISVILLE — Sporting goods manufacturer The Allen Co. Inc. — which in 2011 received an incentive offer from the city of Louisville to relocate there from Broomfield commercial office— closed recently on the $2.27 million purchase of a 20-acre commercial real estate site in the Colorado Technology Center business park where it plans to build a two-building, 313,290-square-foot campus.

Officials for the 46-year-old company, which makes hunting, fishing and other outdoor gear, could not be reached for comment Monday.

But the reinstatement of a planned unit development for the site from December indicates that The Allen Co., based at 525 Burbank St. in Broomfield, is once again planning a move to Louisville.

Buckeye Investments LLP, an entity registered to The Allen Co. president George Cavanaugh, bought the land at the southwest corner of Boxelder and South 104th streets from California-based real estate investment firm Hill Properties. Local commercial real estate broker Andrew Freeman represented Hill in the sale, and said Monday that he believes The Allen Co.’s plan is to break ground in the fall, with construction likely to take about a year.

Freeman said The Allen Co., has had the site “under control” for the past five years.

In 2011, the company was approved by the city of Louisville to build the two buildings totaling 313,290 square feet on the site for office and manufacturing space. The city also approved an incentive package that included rebates on building use tax and permit fees worth an estimated $123,500.

Those incentives expired at the end of 2012. The PUD, meanwhile, expired in 2014. But officials for The Allen Co. last fall applied for reinstatement of the same PUD and received city council approval on Dec. 15.

The council’s Dec. 15 agenda packet indicated that The Allen Co. had 135 employees at that time. According to a 2011 BizWest story on the incentives, that’s down about 15 people from five years ago.

Broomfield biotech firm Accera moves to Boulder

Posted on: May 18 16

by: admin

BOULDER — Clinical-stage biotech firm Accera, which is developing a therapy to treat Alzheimer’s Disease, has moved from Broomfield to Boulder to become part of the latter’s bustling life-sciences scene and cash in Boulder’s international reputation as a startup haven.

Accera CEO Charles Stacey said Wednesday that the company officially made the move April 11 to lease space at 3005  Center Green Drive. Accera has about 8,000 square feet at its new digs, slightly less than the broomfield commercial real estate space it had at 380 Interlocken Crescent. But Stacey said the new space is more usable and will allow Accera to grow.

“We’re a little bit more in the thick of the life-sciences community,” Stacey said in a phone interview. “I think one of the other things that was key for us is Boulder definitely has more international cachet. It’s more recognizable internationally.”

Accera employs 20 people, a number Stacey expects to grow to 30 by the end of this year or early next, though some of that growth will come through remote hires as the company adopts the practice of trying to attract top life-science talent no matter where those people might be located.

Once as large as 140 employees, Accera has undergone a major transformation over the past two years.

The company is currently in the midst of a phase 3 clinical trial for its drug candidate AC 1204, which is aimed at addressing a metabolic defect in the brains of Alzheimer’s patients. That trial, which is being run entirely in the United States, is to be completed this fall, with an international Phase 3 trial to begin early next year.

Assuming those trials go as planned, Accera is aiming to apply approval from the U.S. Food and Drug Administration sometime in 2019 and have AC 1204 to market in 2020.

The company just made the shift toward new drug approval in 2014.

Founded in the early 2000s, Accera began marketing a product based on the same premise as AC 1204 in 2010. Dubbed Axona, the product was marketed as a medical food rather than a drug. Medical foods are those designated for use in the dietary management of medical conditions or diseases under supervision of a doctor. While medical foods don’t require FDA approval, the FDA does have oversight of them.

Stacey said Axona had tens of thousands of users but never gained the market traction or adoption in the medical community the firm had expected. On top of that, the FDA had sent Accera a warning letter in late 2013, contending that Axona did not meet the requirements of a medical food. Accera issued a response arguing its case and never got an official response from the FDA, Stacey said. But he said the challenging marketing and regulatory environments around medical foods led the firm to pivot toward the more-expensive route of going through phase 3 trials and gaining approval for Accera’s technology as a drug. Accera stopped marketing Axona, though it is still available to those who use it.

Accera laid off its entire commercial and sales teams in 2014 and got down to 12 people at one point. Much of last year was spent transitioning and building out the drug-development team to fulfill Accera’s current strategy.

“We feel we’ve got a really great team now,” said Stacey, who joined Accera as interim CEO in early 2014 and was named to the role in a permanent capacity last summer.

Stacey said the company will likely open an office in London next year to help oversee the international trial. An Asian office is possible as well.

Accera has raised more than $200 million since its founding. Global life-sciences investment firm Inventages, which is backed by food giant Nestle, has been an investor since 2004. Nestle itself came onboard with a large investment in Accera in 2012.

The demand for Alzheimer’s drugs is high, as there is still no cure for the disease and even the root cause has been elusive. No new drugs have gained FDA approval since 2003. Two companies working on Alzheimer’s treatments, Axovant and vTv Therapeutics, had initial public offerings last year, and Stacey said an IPO is one route Accera could go, though he declined to disclose specific fundraising plans as the company works to advance its trials.

While Accera’s current trials are aimed at treating Alzheimer’s symptoms, Stacey said Accera officials believe their technology could ultimately also be used as a mechanism for preventing the onset of the disease in patients deemed at high risk earlier in life. To gain approval for use in prevention would take further, lengthier trials in younger patients.

“We want to be able to prevent the onset of this disease, eventually,” Stacey sai

Broomfield startup mcSquares reshaping classrooms, boardrooms

Posted on: May 18 16

by: admin

BROOMFIELD — The idea for Anthony Franco’s fifth company sprouted while he was trying to solve what he called at the time an “introvert problem” at company No. 4.

As a serial entrepreneur, Franco had long since discovered that there was no issue with getting “the pompous executives” — a group in which he includes himself — to speak up and share ideas in the conference room. Getting quieter employees to participate was more difficult and often led to valuable input not being heard until after the fact or not at all.

So when an employee one day had told Franco she hadn’t brought up an idea, one he felt was just the nugget of insight a preceding discussion had missed, because she didn’t like speaking up in meetings, he decided to create a system where everyone is heard.

The solution became mcSquares, collaborative dry-erase tiles that can come off the wall and be handed around the room to get people to contribute and then snapped back on the wall so all ideas can be discussed in front of the group.  Mcsquares leases commercial office space at 15448 Mountain View Circle, Broomfield Source: Bizwest

German manufacturer Viega moving U.S. headquarters to Broomfield

Posted on: Apr 15 16

by: admin

A German-based manufacturer of plumbing and heating components has decided to move its U.S. headquarters from Wichita, Kan., to Broomfield.

The Broomfield Enterprise reports that Viega LLC’s move is expected to bring 190 new jobs to the city, where the company plans to build a new facility at 575 Interlocken Blvd.

The Colorado Economic and Development Commission in January had offered Viega $223,380 in incentives to locate in Broomfield over Kansas or Georgia.

Broomfield Commercial Real Estate provides commercial real state sales & Leasing to established businesses, to start ups, to property owners and to investors in the greater Broomfield Colorado area

Contacts

Broomfield Commercial Real Estate Brokerage: Summit Commercial Brokers, 325 Interlocken Parkway Building A #105, Broomfield CO 80021

Broomfield Commercial Real Estate
325 Interlocken Parkway Building A #105,
Broomfield CO 80021
Phone: 720-307-6467
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