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Press Releases & Announcements

Announcement:  Phil Michaelson Joins KW Commercial

DENVER, CO – December 22, 2013 - We are pleased to announce that Phil Michaelson has joined KW Commercial as a commercial broker.

Phil has over 25 years’ experience as a licensed broker focusing in commercial real estate. After graduating with a Bachelor’s Degree from the University of Cincinnati and serving four years as a Regional Property Manager for a large, East Coast firm, Phil moved to Denver, CO in 1995.  In 2004, Phil opened the doors of his own property management company, Brant Management Company, focusing primarily on management services for condominium associations.  He remains as owner of that successful business as he also joins KW Commercial.

 “We are pleased to have Phil join our office with his extensive experience providing service to Tenants, Landlords and Sales Brokerage clients,” said Steve Hewson, Director of KW Commercial. “We are looking forward to adding his expertise to help serve our clients.”

The KW Commercial North Jeffco office that Phil has joined serves the Denver and Front Range Colorado area with specialties in office, industrial, retail, land, investment and multi-family. Its commercial services provide for sales brokerage, leasing, consulting, property management and M&A business brokerage.

For more information contact Steve Hewson, Director, KW Commercial, 11445 W. I-70 Frontage Rd, Denver, CO 80033, (303) 439-8249.

Announcement:  KW Commercial Fastest Growing Commercial Real Estate Company

DALLAS, TX,  (February 17, 2013) -  It was announced today by CEO Mark Willis that KW Commercial is the fastest growing commercial real estate company in the United States with approximately 1,100 commercial agents.  After being founded four years ago, the company grew to $3.3 Billion in sales in 2012. The company also announced its international business has now been extended to include Canada, Germany, Austria, Switzerland, Turkey, Vietnam, Indonesia and South Africa.

Press Release:   Retail Space in Popular Highlands Area Sold

DENVER, CO, (May 5, 2012) – Steve Hewson and Barry Bounds of KW Commercial Real Estate represented the Seller in the successful sale of a retail space in the popular Highlands area for $1.1 million. Located at 3191 W. 38th Avenue, just west of central downtown Denver, the highly trafficked street provides an ideal location for a retail business. The 11,100 SF stand-a-lone building on a corner location with 25 parking spaces and off street parking is convenient for its customers.  The new owner, soon to be announced, plans on opening in 90 days after significant re-modeling of the interior and exterior of the building. The buyer was represented by Rod Gustafson of Case Commercial Real Estate.

Press Release: Sold Renewal Medical Office Building

LONE TREE, CO, (September 30, 2011) — A 38,000 square foot multi-tenant medical office property in Lone Tree has sold for $6,000,000.  The property is located at 9777 S. Yosemite, Lone Tree, CO 80124.  The building was built in 1987 and sits on 2.56 acres offering 115 parking spaces for the tenants and patients.  It is an icon building for the area with strong medical related tenants.

The Seller was a large bank that had foreclosed on the property and they represented themselves.  Buyers were represented by Ari Michaeli, Barry B. Bounds, John Holman & Karis Duran-Holman of KW Commercial Real Estate, LLC.  “Our goal was to find a property for our buyer that had outstanding value and significant future upside potential.  It would be one of their jewels in their investment portfolios”, says Bounds. 

Announcement: New KW Commercial Office Soon to Open in Denver

DENVER, CO - March 20, 2011 - Steve Hewson, KW Commercial broker, announces the coming opening of a new commercial real estate office in Denver, Colorado. Hewson has joined other Denver area KW Commercial brokers, Barry Bounds (Team Leader) and Bill Downes to form the new office. The office will be affiliated with the KW Denver Central market center. Other brokers who are investing in and joining the new office will be announced when the office opens. For information, contact Steve Hewson, 303-439-8249.

Press Release:  National NNN Investment Group joins KW Commercial to co-broker NNN Walgreens for $6.6M

San Francisco, CA – National NNN Investment Group of KW Commercial announced that it has co-brokered the sale of two triple net leased Walgreens with Michael Allain and Bob Fraiche of KWC in Metairie, Louisiana. 

National NNN represented the seller and KW Commercial in Metairie, LA represented the buyer. The seller and the buyer were the same for both properties. The combined purchase price for both Walgreens was $6,684,606.

Press Release: KW Commercial Announces Partnership

Austin, TX - Feb. 10, 2011 -  KW Commercial announced today that it has partnered with LoopNet to power’s listings search and drive more leads to its brokers’ listings.

“The launch of this partnership represents a major milestone for KW Commercial. As the fastest growing commercial real estate company in North America, we are proud of this partnership which will add value to the KW Commercial platform and benefit all KW Commercial agents," said Buddy Norman, president of KW Commercial.
Press Release: KW Commercial Midwest Adding Brokers, Planning Growth
Minneapolis, MN - FEB. 4, 2011- By Burl Gilyard, Finance & Commerce. KW Commercial Midwest opened a local office in Eagan, MN.  The firm has quickly grown to eight brokers and wants to have 20 brokers by the end of the year, said Becky Leebens, managing director for KW Commercial Midwest.
Matthew Klein, director of investment services, joined last July from the Minneapolis office of St. Louis-based Cassidy Turley.  Andy Manthei, director of brokerage services, joined the firm in January from Eagan-based JBL Cos. The managing director, Tom Baker, also worked for the Velmeir Cos.; director Pat Cropsey had been with JBL Cos. as well. 

Announcement: 52 Units Just Sold

Calabasas, CA - JAN 3, 2011 - Hirsch Sherman and Jared Levine of KW Commercial represented the Buyer in the successful close of Quakertown Terrace in the San Fernando Valley.  Located at 5410-5422 Quakertown Terrace Avenue, Woodland Hills, CA 91364, this 52 unit apartment complex is just south of Ventura Blvd. with 330 feet of street frontage and only minutes away from the 101 freeway.

Press Release: KW Commercial Denver Negotiates Office Lease

Denver, CO -- December 11, 2010 -- The Keller Williams Northwest Denver office recently completed a 5-year lease renewal and lease expansion of their offices located at 9191 Sheridan Blvd., Suite 310, Westminster, Colorado. The remodeled office now occupies the entire third floor of the bank building and has added 26 new offices in the expansion.

The lease for a total of 10,800 square feet was handled by Steve Hewson, KW Commercial who represented the Tenant. The Landlord was represented by Karen Cerny of Prime West Real Estate Services.

Keller Williams is undergoing successful growth in a changing real estate environment. The company is the third-largest and fastest growing real estate company in the U.S. In 2009, it also launched the KW Commercial division.
Press Release: KW Commercial Represents Buyers of Colorado Flex Building

DENVER, CO - January 2, 2011 - The New York buyer of a high-end industrial/office building in Englewood was represented by Steve Hewson, a Denver broker with KW Commercial. The buyer is Oneida Research Services (ORS), offering specialized laboratory testing services to the microelectronics, tele-communications, aerospace, medical and defense industries. Headquartered in Whitesboro, New York, ORS is expanding its operations to Colorado.

ORS purchased the 8,251-square-foot building in the Compark Commerce Center at 13792 Compark Blvd. for its expansion. According to the listing broker and owner, the space is a Class A office and industrial space with numerous extra amenities.
The buyer was represented by Steve Hewson, broker with KW Commercial, who specializes in Industrial and Warehouse commercial properties. “The building has an excellent set up for the buyer’s business and represents the image which the buyer wishes to present to the public.”
Located South of Centennial Airport and near the I-25 and E-470 Interchange, the property provides excellent access for customers.
The building was completed in 2006 with a 75% mix of office and 25% of industrial space, which will work well for the new buyer, requiring only minimal changes to the configuration. The building is a trophy corporate image building. In addition to 11 offices, 3 laboratory rooms and a large employee cafeteria, the building has a drive-in warehouse space as it is currently configured.
Announcement: Northridge Medical & Professional Plaza Sells for $9.9M
Calabasas, CA - NOV 22, 2010 - An approximately 34,000 SF medical/professional building in Northridge has changed hands for $9,900,000.  The Northridge Medical & Professional Plaza is located on 9535 Reseda Blvd.  The property is almost 100% leased and contains medical and office tenants. The Sellers were represented by Jay Martinez and Tom Gilmer of Lee and Associates, Sherman Oaks.  The Buyers were adding to their existing portfolio and are currently looking for similar assets.  The Buyers were represented by Joe Penich of KW Commercial, Calabasas.
Press Release: Brett Morganti Joins KW Commercial
DENVER, CO - November 10, 2010 - We are pleased to announce that Brett Morganti has joined KW Commercial in the Denver Northwest office as a commercial broker.
Brett Morganti joins KW Commercial with several years experience as a commercial broker in Pennsylvania.  Brett is combining his SEAL Team experience with his passion for investment and commercial real estate. Brett spent eight years as a US Navy Seal and earned both the Silver Star and Purple Heart for services during the Global War on Terror. Upon separating from the military, he established his own international protection company. As an active investor since 2002 Brett holds a Bachelor of Science Degree and is currently pursuing his CCIM designation.
“We are pleased to have Brett join our office with his business and military experience,” said Steve Hewson, Managing Director of KW Commercial. “We are looking forward to him carving a niche for himself.”
Mr. Morganti joins Steve Hewson, Dennis Quinn and Steve Bimm as one of the office's commercial real estate brokers. The group's specialties include office, industrial, retail, land, investment and multi-family. Their commercial services provide for sales brokerage, leasing, consulting, property management and M&A business brokerage.
Announcement: Thomas Beadle, KW Commercial Elected to ND House of Representatives
Fargo, ND - Nov. 3, 2010 - Thomas R. Beadle of KW Commercial/Roers Realty Fargo, has been elected to the North Dakota State House representing District 27 in Fargo, ND.  He is one of two house members representing District 27 and was elected to a 4-year term in the North Dakota Legislature. We congratulate Thomas on this momentous opportunity.
Announcement: Hewson Receives Commercial Education Certification

DENVER, CO—March 22, 2010-The Denver Northwest Market Center of KW (9191 Sheridan Blvd., Suite 310, Denver) announces that Steve Hewson, the market center’s Managing Commercial Director, has been awarded the Commercial Education Certificate (CEC) by the Denver Metropolitan Commercial Association of REALTORS (DMCAR).

The CEC is a series of education courses designed by DMCAR to increase the knowledge of commercial brokers in the Denver Metro area.  The certification is given to acknowledge the work and commitment in completing the program.  Each course is instructed by well-known commercial experts in fields such as commercial finance, property valuation, real estate law, leasing, taxation and exchanging. 
DMCAR states that only 30 commercial REALTORS in the Denver Metro area have completed the program and achieved the CEC designation.

“Our office is dedicated to serving our clients with the latest tools and knowledge available in commercial real estate, and DMCAR education enables me to provide that level of service,” said Hewson.

Hewson and KW Commercial is located within the Denver Northwest Market Center. 
Press Release: NNN Investment Group affiliates with KW Commercial
(July 20, 2009) KW Commercial today announced that it will partner with the National NNN Investment Group to offer triple net lease real estate investments.
Triple net, also known as NNN (net, net, net), real estate refers to commercial leases where the tenant pays the property taxes, insurance, and maintenance (the three 'Nets'). Typically, these types of NNN investments are most attractive to long-time apartment property owners and passive investors seeking “hands-off" real estate to provide themselves a long-term and stable income. Many owners sell their current management-intensive properties and purchase an NNN investment as part of a “1031 tax-deferred exchange."
Press Release: Nesbitt Group of KW Commercial closes $1.6M Industrial Property Deal
ENGLEWOOD, CO  (March 2, 2009) — The Nesbitt Group of KW Commercial recently closed a $1.6 million commercial real estate transaction. The Nesbitt Group represented the seller of this 43,000 square foot industrial building near the intersection of Santa Fe Drive and Oxford Boulevard in Englewood.  The buyer, Littleton Capital Partners, was represented by CB Richard Ellis. 
Press Release: KW Commercial Announces Parent Company Climbs to 3rd Largest in U.S.
AUSTIN, TEXAS (March 2, 2009) — KW Commercial and Keller Williams® Realty Inc., announced last week at its annual convention in Orlando, Fla. that it is now the third-largest real estate franchise in the United States, surpassing RE/MAX® International. According to Steve Murray of REAL Trends, a leading source of analysis and information in the residential real estate industry, the Austin, Texas-based company claimed the number three spot with 72,794 U.S. associates at the end of 2008.
Press Release:  KW Commercial Partners with Catylist SiteLink
CHICAGO - January 4, 2009 – Catylist, an industry-leading commercial real estate marketing company, today announced that KW Commercial, the commercial division of Keller Williams Realty, Inc., has selected Catylist SiteLink to power its commercial property listings on its Website. KW Commercial has over 850 real estate associates in the United States and Canada.
Catylist has fully integrated its commercial property search engine along with over a thousand listings into the KW Commercial Website. By choosing SiteLink technology, KW Commercial listings will receive additional exposure on Catylist’s national marketplace,, as well as for the members of nearly 35 local Commercial Information Exchanges (CIEs) located across the country, providing maximum exposure for their clients.
Press Release: KW Commercial Names Steve Hewson as Director
Denver, CO, September 15, 2008 -- KW Commercial is pleased to announce that Steve Hewson has been named as a Director in the recently launched KW Commercial division of Keller Williams Realty International.
Hewson is also a member of a newly formed KW Commercial Group in the Denver-Boulder Metro area along with experienced commercial REALTORS®, Dennis Quinn and Steve Bimm. The Commercial Group’s market specialties include office, industrial, retail, land, investment, and multi-family. Their commercial services provide for brokerage, leasing, residential and commercial development, consulting, property management, and M&A business brokerage.
The requirements for a KW Commercial Director include a recognized level of experience and volume of closed transactions, client and customer references, and a commitment to a high level of commercial real estate education.
As a Director at KW Commercial, Hewson will bring a new focus to developing and marketing the commercial division’s capabilities in the Colorado marketplace. In addition, he will be involved in training and educating other real estate agents.
“I look forward as a Director to working with this newly formed commercial division within Keller Williams Realty”, commented Hewson. “It provides an opportunity to bring a vast set of resources, training and an extensive agent network to assist our clients.”
Press Release: Steve Hewson, Dennis Quinn, & Steve Bimm Form a KW Commercial Group
DENVER, CO—June 1, 2008—The Denver Northwest Market Center of Keller Williams Realty International today announced the formation of a KW Commercial group, comprised of brokers Steve Hewson, Dennis Quinn, and Steve Bimm.
The Commercial group’s market specialties include office, industrial, retail, land, investment, and apartments. Their commercial services provide for brokerage, leasing, residential and commercial development, consulting, and business brokerage.
“This commercial capability combines with the well-known Keller Williams residential strength to bring an even wider array of services to our clients,” remarked Steve Hewson. “Many clients have a need for both services, and now, they can find it all under one roof.”
Press Release: Keller Williams Realty International Announces Plans for Commercial Division, Buddy Norman joins the company as division president
AUSTIN, TEXAS (July 16, 2008) - "Our goal is to expand our platform and make Keller Williams Realty the real estate company of choice in both the residential and commercial worlds by providing our associates the technology, marketing tools, and resources to succeed in the commercial business,” said Mark Willis, CEO of Keller Williams Realty. “We want to create synergy and referrals between the residential and commercial sides of our Keller Williams offices, increasing the income and production potential of all our agents.”
Buddy Norman, a veteran of commercial real estate has joined Keller Williams as president of the new division. Norman has more than 18 years of experience in the commercial real estate industry, including leadership within international firms, such as The Staubach Company and Burnham Real Estate, which was acquired by Cushman & Wakefield. He has led the development of new business divisions and trained commercial agents all over the U.S. including Dallas, Atlanta, Washington D.C. and San Diego.

Announcement: KW Commercial Launch
AUSTIN, TEXAS-March 20, 2008-We are pleased to announce that 2008 will mark the launch of the Keller Williams Realty Commercial Division [KW Commercial].
Our goal is to make Keller Williams the commercial real estate platform of choice by providing our commercial associates the technology, marketing tools, and resources to succeed in their commercial businesses…
We are also honored to announce that Buddy Norman, a true leader in commercial real estate, has joined the Keller Williams family to spearhead this new venture.
Mark Willis, CEO, Keller Williams Realty, Inc.
Mary Tennant, President and COO, Keller Williams Realty, Inc.
Press Release: Bimm Joins Keller Williams and KW Commercial

Contributed by: Laurie Anderson (and amended)
DENVER, CO-January 7, 2008-The KW Commercial Group and the Denver Northwest Market Center of Keller Williams Realty International announced today that Steve Bimm has joined its team .
"We are thrilled to have Steve join our team with his extensive background in land development and construction," said Heidi Greer Mosher, the Market Center Team Leader. "His experience will help carve a niche for himself in the Denver Northwest Market Center."
Bimm has 30 years experience in the land development, heavy construction management, and civil engineering industries. In addition to real estate, he is the principal of his own land development consulting firm, Advanced Development Services Group, LLC.
In real estate, Bimm specializes in vacant land sales and acquisition, marketing of development parcels, and bulk lot disposition and sales to builders.
Press Release: Keller Williams Realty International Launched a New Commercial Division Called KW Commercial

Contributed by: Laurie Anderson
DENVER, CO-August 25, 2008-Commercial real estate veteran Eric Nesbitt has joined KW Commercial to assist in the launch of the division in the Colorado marketplace. Nesbitt, a former broker with Jones Lang LaSalle, a real estate attorney, and the incoming President of the Denver Metropolitan Commercial Association of Realtors, is looking forward to the launch of the new division.
Press Release: Keller Williams® Realty Vice Chairman Mo Anderson Honored by the Council of Real Estate Brokerage Managers
AUSTIN, TEXAS (July 24, 2008) —Keller Williams Realty Vice Chairman Mo Anderson, CRB, has been announced as this year’s inductee into the Council of Real Estate Brokerage (CRB) Managers’ Hall of Leaders. The Hall of Leaders Award was established to honor CRB designees whose significant contributions shape and influence the real estate industry locally and nationally.
Press Release: Keller Williams Realty Makes Strong Showing on Industry Surveys
AUSTIN, TEXAS (June 26, 2008) — Every year, RisMedia and REAL Trends release two of the real estate industry's most comprehensive surveys: the RISMedia Power Broker Report and the REAL Trends 500. Both surveys rank the largest residential real estate brokerages in the U.S. based on both transaction sides and sales-dollar volume, and this year, Keller Williams Realty offices proved that they can thrive and grow during an up or down market, by making an impressive showing on the lists.
In RISMedia’s Power Broker Report, Keller Williams Realty had more offices listed in the top 700 offices than any other franchise brand. The survey also showed that Keller Williams Realty is the industry leader in the support and fostering of agent teams, with more agent teams than any other brand. Keller Williams offices also represented 55 percent of offices declared “Companies to Watch” in the industry, with the next closest competitor taking up only 9 percent of the list. On the REAL Trends 500 report, Keller Williams had the second highest number of offices in the top 500 compared to competitors.

Press Release: Keller Williams Realty Continues Growth in 2007
AUSTIN, TEXAS (February 27, 2008) —Keller Williams® Realty Inc., the fourth largest real estate company in North America, announced positive growth numbers for 2007, showing an expansion in market centers to 659 and a growth in its roster of active licensees to 79,643.
CEO Mark Willis emphasizes the significance of the company’s growth given the well-publicized downturn in the real estate market.
Announcement: Fort Collins Real Estate merges with Keller Williams
Fort Collins, CO (September 2008)--Fort Collins Real Estate is joining forces with Keller Williams of Northern Colorado to create the region’s only full-service residential and commercial company under a single roof, according to Keller Williams Operating Principal JoAnn Johnston.
The merger represents a ground-floor opportunity to launch Keller Williams International’s new commercial division in Northern Colorado, said Mike Jensen, who has owned Fort Collins Real Estate since 2003. Fort Collins Real Estate’s 25 brokers and agents will join KW’s force of 192. 
Press Release: People on the Move
Denver Post (August 30, 2006)--The Colorado Association of Realtors awarded Steve Hewson, a Realtor with Keller Williams Realty Professionals, the Master of Real Estate designation.



Denver Colorado Commercial Real Estate News


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