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9News: It's a sign: Ink! Coffee shop sign says they're 'happily gentrifying'

Denver Business News - Wed, 11/22/2017 - 20:37
Ink! Coffee has suddenly become notorious on social media after a post about a sign they placed outside their Larimer Street location was spread on Wednesday. The store confirmed to Next with Kyle Clark that they've placed a sign outside their Larimer and 29th location in Five Points that reads "Happily gentrifying the neighborhood since 2014!" Almost half a dozen viewers sent the sign to 9NEWS, with several more sending them to Next as well. The sign had a second side that wasn't posted: "Nothing…
Categories: Business News

Apartment community near DIA sold for $101 million

Denver Business News - Wed, 11/22/2017 - 13:04
The 440-unit complex has a jogging trail and borders a private lake.
Categories: Business News

Miami firms buys Denver Tech Center office building valued at $32 million

Denver Business News - Wed, 11/22/2017 - 11:39
A Miami real estate investment firm has purchased the Prentice Point office building in the Denver Tech Center. The firm would not disclose the buying price of the 213,152-square-foot, 14-story building at 5299 DTC Boulevard in Greenwood Village, but the building is valued at $32.1 million, according to public records. New York-based investment firm AllianceBernstein and Foster City, California-based SteelWave were the sellers. Newmark Knight Frank, based in London with offices all over the U.S.,…
Categories: Business News

Amid Denver growth, Gusto hires first-ever CFO; is an IPO ahead?

Denver Business News - Wed, 11/22/2017 - 11:28
Its Denver offices are at the Tabor Center, with large illuminated signs over the 16th Street Mall declaring its presence.
Categories: Business News

Holiday shopping expected to beat last year; hopes high for Small Business Saturday

Denver Business News - Wed, 11/22/2017 - 10:02
It looks like shoppers will come through for retailers this holiday season. Holiday retail sales are expected to rise 4.2 percent above last year nationwide. And that would make it the strongest seasonal jump since 2014, said Chris Christopher, executive director, economics at IHS Markit Ltd., the London-based firm with major operations in Colorado. That’s good news as holiday sales, for many retailers, are the preeminent revenue generator for the year, he said. And this year consumers come ready…
Categories: Business News

Denver private-equity firm sells pharmaceutical services company

Denver Business News - Wed, 11/22/2017 - 09:00
The new owner is "very bullish about the company."
Categories: Business News

Kansas City wealth advisor takes majority stake in Colorado financial-planning firm

Denver Business News - Wed, 11/22/2017 - 08:36
Mariner Wealth Advisors, based near Kansas City, has acquired a majority stake in Kummer Financial Strategies, a Highlands Ranch-based financial planning firm. Terms were not disclosed. Kummer Financial Strategies has $300 million in assets under management. It was founded in 1997 by company President Patricia Kummer, who retains a minority stake and will continue to manage the operation. Kummer has a team of 10 professionals who will remain with the firm. “Mariner Wealth Advisors’ service…
Categories: Business News

Rail woes hit DIA on morning of extremely busy travel day

Denver Business News - Wed, 11/22/2017 - 07:03
On one of the busiest travel days of the year, Denver International Airport was hit with a pair of rail problems. The first was due to an "incident" at 40th Avenue and North Airport Boulevard, the CU A Line to the airport will not run between Peoria Street and 61st Avenue/Pena Boulevard. "Shuttle buses will transport passengers between Peoria and 61st/Pena. Please allow extra time for your travel," the airport and RTD said in a statement. The second involved the airport's trains that shuttle passengers…
Categories: Business News

Denver Broncos player Shane Ray signed by sports agency CAA

Denver Business News - Wed, 11/22/2017 - 06:57
CAA Sports has signed Denver Broncos outside linebacker Shane Ray for representation on and off the field. Ray will be represented by a team of agents led by Tom Condon Jr., Ben Renzin and Todd France. Ray was formerly represented by Impact Sports. Ray was the No. 23 overall pick in the 2015 draft by the Broncos and has proved himself to be a solid pass rusher, registering eight sacks last year. He is in year three of a four-year first-round rookie contract, with a team option for the fifth year.  Ray…
Categories: Business News

Briefcase: Highlands Ranch gets new smoothie chain

Denver Business News - Wed, 11/22/2017 - 06:23
A daily roundup of business awards, deals, openings and more.
Categories: Business News

Singapore firm enters Colorado market with $100M office park buy in Westminster

Denver Business News - Tue, 11/21/2017 - 10:13
The real estate investment firm now owns 11 U.S. office parks.
Categories: Business News

Denver's growth, rising client demand fuels data center expansion

Denver Business News - Tue, 11/21/2017 - 09:00
"Denver has a thriving business community and that drives a lot of our activity there."
Categories: Business News

New Reno flight to connect Denver to technology, skiing communities

Denver Business News - Tue, 11/21/2017 - 08:16
Though new flights leaving Denver International Airport often fly under the radar of the local community, officials in Reno, Nevada, say the nonstop route launching to their metropolitan area today on Frontier Airlines could have significant economic impact for both them and the Mile High City. Frontier launches the new three-times-a-week route at 10:55 a.m. from DIA, reopening a route the airline had shut down in 2007 after six years of flying it because officials declared it was no longer profitable.…
Categories: Business News

Belleview Station in Denver Tech Center area loses an eatery

Denver Business News - Tue, 11/21/2017 - 07:28
Crushed Red Urban Bake & Chop Shop has closed one of its locations in metro Denver. The St. Louis-based fast casual restaurant chain closed its location last week at Belleview Station in the Denver Tech Center area, Eater Denver reports. The restaurant's location at Orchard Town Center in Westminster remains open. The Belleview Station restaurant opened in 2015. Jimmy Merlo, who owns the two Denver franchises of Crushed Red, previously said he planned to open four more locations around Denver,…
Categories: Business News

National career college chain to close 2 Colorado campuses

Denver Business News - Tue, 11/21/2017 - 07:13
Zenith Education Group is no longer accepting new enrollments at 21 of its career colleges and training schools nationwide, including Altierus campuses in Thornton and Colorado Springs. The 21 Altierus and WyoTech campuses have stopped enrolling new students and will close once current students can complete their programs or pursue other options. WyoTech is a mechanical-training chain. Meanwhile, three Altierus schools will remain open, in Houston; Tampa, Florida; and Norcross, Georgia. Zenith…
Categories: Business News

Techstars raising $400 million venture capital fund

Denver Business News - Tue, 11/21/2017 - 07:08
The Boulder startup accelerator's new fund would dwarf the $150 million it raised in 2015.
Categories: Business News

Denver cybersecurity school expands outside of Colorado

Denver Business News - Tue, 11/21/2017 - 06:52
A Denver cybersecurity education company has expanded outside the state of Colorado. SecureSet, with locations in Denver and Colorado Springs, said its new Tampa, Florida location is up and running. “Cyber threats are growing exponentially, but there is a lack of qualified talent and innovation in Tampa Bay and nationally,” said Adam Sheffield, director of SecureSet’s Tampa campus, in a statement. SecureSet was founded early last year and offers private intensive cybersecurity training courses. SecureSet…
Categories: Business News

Good Works: Flatiron trail restored by local clothing company

Denver Business News - Tue, 11/21/2017 - 06:27
A daily roundup of businesses philanthropic contributions to the community.
Categories: Business News

Colorado energy company selling Utah assets for $110 million

Denver Business News - Tue, 11/21/2017 - 06:19
Bill Barrett Corp. said it will sell its remaining northeast Utah assets for $110 million. The Denver energy company (NYSE: BBG) said the sale of its Uinta Basin oilfields, which produced 2,300 barrels of oil equivalent per day, will allow it to concentrate on its eastern Colorado/southeastern Wyoming oil production. "This sale transitions us into a pure-play Denver-Julesburg ("DJ") Basin company, further streamlines our operational cost structure and strengthens our balance sheet and liquidity,"…
Categories: Business News

Dish Network in tiff with CBS; network stations dropped

Denver Business News - Tue, 11/21/2017 - 05:50
Dish Network Corp. is in a fight with CBS Corp. and the result is viewers in major markets lost access to CBS programming last night. That could mean Dish subscribers in Denver might miss out on CBS football coverage on Thanksgiving on KCNC-TV. There are 28 channels in 18 markets in 26 states affected by the blackout, which can be found here. Douglas County-based Dish (Nasdaq: DISH) claims that CBS is responsible for the problem by saying the network wants "to raise carriage rates for local channels…
Categories: Business News
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