Henry Group Real Estate Acquires John Propp Commercial Group's 55 Property, 1,300,000+ SF Commercial Property Management Division


Denver, CO, June 1st, 2023- Henry Group Real Estate, a leading commercial real estate firm based in Denver’s West Wash Park neighborhood, is thrilled to announce the successful acquisition and retention of John Propp Commercial Group's commercial property management division consisting of approximately 55 retail, office and industrial properties totaling over 1,300,000 square feet. The acquisition, effective June 1st, 2023, solidifies Henry Group Real Estate's position as a premier provider of comprehensive commercial real estate services in the region.

The acquisition marks a significant milestone for both companies, as Henry Group Real Estate expands its portfolio of services and welcomes a very talented group of professionals from John Propp Commercial Group's property management division. Henry Group Real Estate is delighted to retain 100% of John Propp Commercial Group's existing property management clients, ensuring a smooth transition and uninterrupted service for all valued clients and Tenants.

John Propp, Founder and President of John Propp Commercial Group, expressed his enthusiasm for the acquisition, stating, "I am pleased to announce the sale of my commercial property management division to Henry Group Real Estate. Our organizations share a commitment to excellence and a focus on delivering exceptional service to our many clients. It is a bittersweet announcement for me as I truly love working with my clients and tenants and have come to cherish the relationships my property management business has helped me create these past 28 years. I want to express my heartfelt gratitude to my dedicated staff and clients for their many years of service and commitment. I am proud of the work we have accomplished together. I will continue to provide brokerage services to my clients for the foreseeable future and still plan on being involved in the commercial real estate market here in Denver for years to come."

Key Details of the Acquisition:
  1. Retained Property Management Division: Henry Group Real Estate is pleased to announce that it has retained 100% of John Propp Commercial Group's commercial property management division. The highly skilled and experienced management professionals will join the Henry Group Real Estate team, ensuring a seamless transition and continuity of outstanding service.
  2. Retained Existing Property Management Clients: Henry Group Real Estate will retain 100% of John Propp Commercial Group's existing property management clients. Clients can expect uninterrupted service and continued commitment to excellence as Henry Group Real Estate assumes responsibility for their properties.
  3.  Shared Commitment to Excellence: Both Henry Group Real Estate and John Propp Commercial Group share a dedication to providing exceptional client-focused service. The acquisition aligns with Henry Group Real Estate's mission to deliver superior service, professionalism, and unmatched customer satisfaction for all facets of commercial real estate ownership.

Patrick Henry, Managing Partner of Henry Group Real Estate, commented, "We are delighted to welcome the talented professionals from John Propp Commercial Group's property management division to our team. Their expertise and dedication will enhance our capabilities and enable us to provide an even higher level of service to our valued clients. We are committed to building on the strong foundation laid by John Propp Commercial Group and to continuing their tradition of excellence."
For more information about Henry Group Real Estate and its services, please visit www.henrygroupre.com or contact Mary Beth Skarsgard at marybeth@henrygroupre.com or 303.625.7444.

About Henry Group Real Estate: Henry Group Real Estate is a leading real estate firm specializing in commercial real estate brokerage, management, and development. With a strong focus on client satisfaction and superior service delivery, the company offers comprehensive and customized solutions to maximize the value and performance of their clients’ commercial properties along the Front Range of Colorado.

Media Contact:
Mary Beth Skarsgard
Henry Group Real Estate
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