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The Broe Group history
The Broe Group company history timeline
Broe Real Estate Group — a subsidiary of The Broe Group, founded in 1972 by Pat Broe — said Wednesday that it expects to break ground in August on 200 Clayton, an eight-story office building at the northeast corner of 2nd Avenue and Clayton Street.
In 1982, Denver’s new walking mall at 16th Street had just opened.
The firm currently operates out of 29,000 square feet at 252 Clayton, a structure that Broe purchased in 1983.
Outcome In 1984, The Tabor Center opens as a retail centerpiece of the 16th Street Mall, giving downtown Denver its anchor and putting the city on the national retail map.
Opportunity In 1986, when Pat Broe bought the scattered remains of the Great Western Sugar Company from bankruptcy, one asset especially caught his eye: a small railway that had hauled sugar beets for 85 years.
GWIP is a 1500-acre, master-planned development supporting over 2000 jobs, at employers like Vestas, Halliburton, and Cargill.
Opportunity In 2005, Broe had nearly completed acquiring 1500 acres for its Great Western Industrial Park in Windsor, Colorado, along with some of the mineral rights—but not all.
Outcome In 2014 that throwaway short-line spur ran 50,000 rail cars as the backbone of the Great Western Industrial Park.
The company secured that development site in 2019, paying $5 million for the half it didn’t already own.
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