Friday, March 29, 2019

WeWork Commits to Junction 23 Creative Redevelopment in Denver, CO

Krystal Arcenaux.
DENVER, CO (March 29, 2019) – Office workspace leader WeWork has committed to a long-term, full building lease at Junction 23, a creative office redevelopment by EverWest Real Estate InvestorsWHI Real Estate Partners L.P. and George Oliver Companies, in Denver’s booming River North (RiNo) District.

Located at 2323 Delgany Street, Junction 23 is the culmination of an extensive 12-month building renovation that repositioned a 1975-built property into an innovative, 86,127-square-foot creative office redevelopment in the heart of Denver’s quickly emerging urban live-work-play environment encompassing the downtown, RiNo and Lower Downtown (LoDo) neighborhoods.

Junction 23, River North District,  2323 Delgany Street, 
Denver, CO

“Denver is full of creative, thriving businesses,” said EverWest Senior Vice President of Asset Management Krystal Arcenaux. “Junction 23 was our opportunity to apply our team’s creative office redevelopment program to serve the entities that are evolving in our own backyard.

Junction 23 interior

"Welcoming WeWork validates the vision and goal of this project, and we look forward to their success at this location.”

New York-based WeWork provides flexible space, community and services with a global reach for entrepreneurs, freelancers, startups, small businesses and large enterprises of all sizes.

Junction 23 Interior Entrance

The company currently operates four locations in Denver – at The Triangle Building, The Lab, Tabor Center and The Hub – making it Denver’s largest office user.

Larry Lance
“As Junction 23’s sole tenant, WeWork will enjoy Junction 23’s very creative build out, beginning with a large glass front entry and extending into open interiors that are packed with flexible work environments and other conveniences designed for today’s modern working culture,” said EverWest Executive Vice President of Development Services Larry Lance.

This includes 16-foot windows, 25-foot exposed ceilings, more than two dozen skylights and energy-efficient LED lighting.

Laura Sperry
 The building’s indoor-outdoor concept features modern conference rooms, small group breakout areas and roll-up garage doors that connect to a center atrium and outdoor meeting spaces.

Junction 23 also offers an on-site fitness center with showers and locker rooms, on-site bike storage and direct access to the adjacent Millar E.B. Coffee Co., where employees and visitors can gather for work and relaxation.

Jamie Gard
Junction 23 is situated at the corner of Park Avenue and Delgany Street, within walking distance to Denver’s central business district, LoDo neighborhood, Union Station and dozens of restaurants and retailers, and a short drive to I-25 and Denver International Airport.

Newmark Knight Frank Executive Managing Director Jamie Gard and Associate Director Laura Sperry represented EverWest and WHI Real Estate Partners in the WeWork lease. Gensler was the project architect for Junction 23. Colorado-based Provident Construction was the general contractor.

About WeWork

WeWork meets companies of all types and stages — from startups to the 32 percent of Fortune 500 companies that now call WeWork home — where they are today and helps them grow to where they want to be tomorrow, next year, in a decade. 

Adam Neumann
As a global company with a hyper-local playbook where company becomes community, WeWork provides more than 400,000 members around the world with space, local connectivity, and services through both physical and digital offerings.

Founded in New York City in 2010 by Adam Neumann and Miguel McKelvey, WeWork currently has more than 425 physical locations in 100 cities and 27 countries around the world. 

Miguel McKelvey

WeWork transforms buildings into dynamic environments for creativity, focus, and collaboration. More than just a new way of working, though, this is a movement toward a new way of living. Follow us @WeWork on Twitter, Instagram, and Facebook or visit to learn more.

 For more information on EverWest, visit For more information on GWL Realty Advisors, visit

For more information about WHI Real Estate Partners L.P., visit

To learn more or to discuss new project opportunities, visit


Stacey Hershauer

Lincoln Property Co. Takes Home NAIOP Award as Arizona’s Owner/Developer of Year

Dave Krumwiede

PHOENIX, AZ, March 29, 2019 – Leading commercial real estate owner, developer and property manager Lincoln Property Company (LPC) last night earned the award for Owner/Developer of the Year at the National Association of Industrial and Office Properties (NAIOP) Arizona chapter’s Best of NAIOP, an annual event recognizing the best of Arizona commercial real estate.

The NAIOP Owner/Developer of the Year award recognizes LPC as the most successful office/industrial owner and developer in the Arizona market in 2018.

The Grand at Papago Park Center, Tempe, AZ
This takes into account the firm’s more than 5.6 million square feet of active development, a property management portfolio spanning almost 10 million square feet of prime commercial space and the execution of 65 lease deals in 2018 across multiple landmark Valley projects.

“This is an extremely exciting time to be a part of the Phoenix commercial real estate community," said Lincoln Property Company Executive Vice President David Krumwiede.  

The ultra-modern, 901,700-square-foot Lincoln Logistics 40 Class A industrial project, Goodyear, AZ

"Our economy is more diverse than it has ever been, and that opens the doors to entirely new categories of tenant demand, amenity trends and project opportunities – all of which we’ve worked to actively identify and respond to.

“NAIOP is a big part of that environment, and we are grateful for its efforts to advance industry best practices, provide a platform for sharing knowledge and foster the continued development of our local commercial real estate talent.”

 Key LPC projects that were completed, under construction or announced during 2018 include the ultra-modern, 901,700-square-foot Lincoln Logistics 40 Class A industrial project in Goodyear, multiple amenity-rich Class A office buildings at The Grand at Papago Park Center in Tempe, the 1.3-million-square-foot Class A Union office project in the heart of Mesa’s Riverview District and the 1.2 million-square-foot Lincoln Logistics 303 Class A industrial development in Glendale.

John Orsak

 As one of metro Phoenix’s largest property managers, LPC also completed significant lease and renovation activity at high-profile properties including 3131 Camelback, Waypoint in Mesa and Gainey Center in Scottsdale, all Class A office properties in prime Valley submarkets.

 For more information or to discuss leasing, investment or property management opportunities with Lincoln Property Company in the Desert West region, please call David Krumwiede or John Orsak at (602) 912-8888.

To learn more about Lincoln Property Company, please visit or


Stacey Hershauer

Ware Malcolmb Promotes Ilyes Nouizi to Associate Principal in Irvine, CA

Ilyes Nouizi

Irvine, CA – Ware Malcomb, an award-winning international design firm, announced Ilyes Nouizi has been promoted to Associate Principal, Resource Services in the firm’s Irvine, Calif. headquarters office.

In this role, Nouizi continues to lead the firm’s in-house Production Studio, a dedicated production team that supports all of Ware Malcomb's 22 offices across North America.

“All of us at Ware Malcomb join together in congratulating Ilyes on his well-deserved promotion to Associate Principal,” said Lawrence R. Armstrong, Chief Executive Officer of Ware Malcomb.

 “As Ware Malcomb has grown tremendously over the years, Ilyes has always been able to successfully manage the increased flow of projects and resources to meet our clients’ needs.

Lawrence R. Armstrong

"Known for both his technical expertise and solutions-oriented approach, he’s played a key role in turning our in-house Production Studio into a real competitive advantage for Ware Malcomb across our markets.”

Nouizi brings over 17 years of experience in the architecture industry to his new role. He joined Ware Malcomb in 2003 as part the firm's production resource team and has since been promoted multiple times.

In 2013 he was promoted to Director, Resource Services and quickly became an integral part of the Production Studio’s leadership and success.

A licensed architect in the state of California, Nouizi holds a Bachelor of Architecture degree from Ecole Polytechnique d’Architecture & d’Urbanisme in Algeria.

For more information, visit and view Ware Malcomb’s Design video at


Rachel Reenders
VP Public Relations
 KCOMM for Ware Malcomb

Kelly Teenor, Director, Marketing, 949.660.9128,

Maureen Bissonnette, Associate Principal, Marketing, 949.660.9128,