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June 2019 — Office Properties Quarterly — Page 23 www.crej.com LEARN MORE AT: COLORADOSYMPHONY.ORG Independence Eve with the Colorado Symphony JUL 3 WED - Evening Civic Center Park INFO: CIVICCENTERCONSERVANCY.ORG Season Preview 2019/20 Conducted by Brett Mitchell JUL 6 SAT 7:30 Brett Mitchell, conductor Boettcher Concert Hall TICKETS COLORADOSYMPHONY.ORG Mozart Under Moonlight @ Dillon JUL 10 WED 6:00 Dillon Outdoor Amphitheatre, Dillon, CO INFO TOWNOFDILLON.COM Mozart Under Moonlight @ Arvada JUL 11 THU 7:30 Arvada Outdoor Amphitheatre, Arvada, CO TICKETS ARVADACENTER.ORG Mozart Under Moonlight @ Greeley JUL 12 FRI 7:30 Campus Commons Performance Hall, Greeley, CO TICKETS TICKETS.UNCO.EDU Pink Martini & Mary Chapin Carpenter with the Colorado Symphony JUL 14 SUN 7:30 Red Rocks Park & Amphitheatre, Morrison, CO TICKETS AXS.COM Lunar Landing 50 th Anniversary Celebration JUL 20 SAT 7:30 Brett Mitchell, conductor Boettcher Concert Hall TICKETS COLORADOSYMPHONY.ORG Symphonic Tribute to Comic Con JUL 21 SUN 7:30 Arvada Outdoor Amphitheatre, Arvada, CO TICKETS ARVADACENTER.ORG John Prine with the Colorado Symphony with I’mWith Her JUL 28 SUN 7:00 Red Rocks Park & Amphitheatre, Morrison, CO TICKETS AXS.COM “Weird Al” Yankovic Strings Attached with the Colorado Symphony AUG 1 THU 7:30 Red Rocks Park & Amphitheatre, Morrison, CO TICKETS AXS.COM Harry Potter and the Half Blood Prince™ In Concert AUG 2-4 FRI-SAT 7:30 Q SUN 1:00 These performances include FULL SCREENING OF THE FEATURE FILM! Boettcher Concert Hall TICKETS COLORADOSYMPHONY.ORG HARRY POTTER characters, names and related indicia are © & ™Warner Bros. Entertainment Inc. WIZARDING WORLD trademark and logo © & ™Warner Bros. Entertainment Inc. Publishing Rights © JKR. (s19) One Republic with the Colorado Symphony AUG 26 MON 7:30 Red Rocks Park & Amphitheatre, Morrison, CO TICKETS AXS.COM Josh Groban with the Colorado Symphony AUG 28 WED 8:00 Red Rocks Park & Amphitheatre, Morrison, CO TICKETS AXS.COM 2019/20 season presenting sponsor also supported by READ THE NEXT EDITION: Thursday, May 17 RESERVE YOUR SPACE BY: Wednesday, April 27 AD SIZES: Quarter Page $XXX Half Page $XXX Full Page $XXX Full Color $200 Additional Frequency Discounts Available. While the Colorado Real Estate Journal continues to run an office news section in each issue of the newspaper, Office Properties Quarterly features the most interesting projects and people, trends and analysis, and covers development, investment, leasing, finance, design, construction and management. The publication is mailed with the Colorado Real Estate Journal newspaper, a 4,000-plus distribution that includes developers, investors, brokers, lenders, contractors, architects and property managers. byMichelleZ.Askeland Co-working is anunavoidable buzzword inDenver. In the few short yearsdedicated co-working spacehashad apresence in the city, thedefinitionhas evolved from a communal environment toone thatoften embracesprivateoffices aswell as community areas.The long-term effectsofwhat thisnew office environmentmeans to the officepropertymarkethas yet tobe seen.But its ever-growingpresence, which capitalizeson flexibility and a plethoraofofficingoptions, should notbe ignored. “Traditional co-working ismostly hotdesking andopendesks,” saidCraigBaute,CreativeDensity founder.“When it started, it focused onpeoplewho couldwork from homebutdidn’twant to.They really wanted tobe around friends.You were first solving theneedofpeople versus theneedof space.” Afterhelpingopen a co-working space inToronto in 2010,Baute moved toDenver toopen a similar space in June 2011. In addition to notwanting tobe the first co-work- ing space in a city –CreativeDensity was the second –hewanted a city thatoffered the right amountof risk and rewardwhen considering cost aswell as culture. “I choseDenverbecause itwas affordable, itwas in growthmode, and the culturewas acceptingof remoteworking, freelancing and start-ups,”he said. At the time,Baute’s conceptof co-working spacewasprettydif- ferent than executive suites,which wasoneof theonly flexibleoffice environments available.While co- working focusedonpeople first, executive suites focusprimarilyon meetingoffice spaceneeds for its members. For example,executive suitepro- viderRegus,whichwas founded 25 years ago andhas 20 locations inColorado,offers aplug-and-play office environment.A tenant can rent anoffice forhimselfor for a team,andRegus supplies the infra- structure and services, including phone, Internet,administrative and reception staff, furniture andmeet- ing rooms. “Our tenants typically arepeople thatwant the flexibility thatwe offer anddon’twant to invest the initial capitaloutlay that itwould take toopenup theirown tradition- PleaseseePage18 Photo courtesyThriveWorkplace The definition of co-working is evolving to embrace private offices and private desks,aswell as community areas and open desks. October 2015 The evolution of co-working in Denver INSIDE The right site PAGE14 The great outdoors PAGE19 Colorado Center PAGE16 Considerations for selecting an ideal site for a company inmetroDenver Theneed,demandandvalue of outdoor spaceswithin officeproperties How theGreatRecessionallowed for the reexamination ofprojectplans  Market Reports  Development & Investment Updates  Design & Construction Trends  Capital Markets  Corporate Real Estate  Legal Updates  and more ADVERTISING Lori Golightly | 303-623-1148 x102 | lgolightly@crej.com SUBMIT EXPERT ARTICLES Michelle Askeland | 303-623-1148 x104 | maskeland@crej.com MEDIA KIT & SAMPLES crej.com/OfficeProperties Wednesday, Sept. 18 ugust 28 395 595 995