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Alpine Investments to Begin Construction of Six-Story Multifamily Project in Englewood

Leave a Comment / Brokerage, Construction, Development, Finance /

Developer Alpine Investments has received $24.9 million in construction financing for the development of a 119-unit, Class A, mid-rise apartment complex in the south Denver community of Englewood. JLL worked on behalf of Alpine Investments, to secure a $24.9 million30-month, floating-rate, non-recourse construction loan through a national bank, led by Senior Managing Director Leon McBroom […]

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Movers and Shakers Week Ending 01.21.22

Leave a Comment / Movers and Shakers /

i2 Hires New Superintendent and Preconstruction Manager i2 Construction, a Denver-based full-service commercial general contractor recently welcomed two new professionals to its team: Rachel Hottor as preconstruction manager, and Ken Fowler as superintendent. Fowler has three decades of experience in the industry, working on historical site remodels, state & federal projects, multifamily, restaurants, T.I., as

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Renovation of Denver Central Library Underway

1 Comment / Architecture, Construction, Development, Renovation /

GH Phipps is underway with the renovation of the Denver Central Library. The $40 million, 540,000-square-foot project includes a two-story event space, renovation of the pavilion entrance space, a new children’s library, and six floors of new bathrooms with a state-of-the-art sanitary waste system. The architect for the project is Studiotrope Design Collective. The existing space

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Troy Guard and TAG Restaurant Group Launch Marshall Fire Relief

Leave a Comment / Charity, Community Involvement, Hospitality /

TAG Restaurant Group, helmed by Denver restaurateur Chef Troy Guard, is on a mission to raise funds to help the communities affected by the devastating January Marshall Fires with a fundraising program benefiting Boulder Community Foundation. The group aims to raise $50,000 in the next 30 days, with a goal of matching $25,000 in guest

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Two Distribution Buildings within 76 Commerce Center Change Hands

Leave a Comment / Brokerage, Development, Industrial /

As industrial demand in Denver accelerates amid the pandemic-fueled growth of e-commerce and warehouse inventories, Principal Real Estate Investors has purchased two buildings within 76 Commerce Center, a Class A logistics park in Denver’s I-76 corridor, from sellers Mortenson Properties, Inc. and Hyde Development. Buildings 4 and 5 total 618,480 square feet and are fully leased.

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Affordable Senior Housing Project Breaks Ground

Leave a Comment / Affordable Housing, Construction, Development /

The Housing Authority of the City of Aurora (AHA) has begun the construction of Liberty View at Fitzsimons on a 2.3-acre site located next to the Veterans Community Living Center at Fitzsimons. The $20 million tax credit financed deal has been in the works for more than a decade and will create 59 independent living apartments

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Mile High Climber: Nicolaus Demetrian, Associate Broker at Cushman & Wakefield

Leave a Comment / Feature, Mile High Climber /

Mile High CRE is excited to announce that January’s Mile High Climber is Nicolaus Demetrian, associate broker with Cushman & Wakefield’s Retail Sector. Mile High Climbers are industry professionals who innovate, inspire, collaborate, and take risks. They are future leaders and change-makers, and they deserve to be celebrated. As an associate broker at Cushman & Wakefield, Nicolaus

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Stantec Kicks Off Phase II of Facilities Master Plan for Department of Human Services

Leave a Comment / Architecture, Development, Health, Office /

Global integrated design firm Stantec has completed the first phase of a comprehensive facilities master plan for the Colorado Department of Human Services (DHS). The process is part of a larger facilities master planning effort to help DHS maximize close to 4 million square feet of real estate assets across 20-plus properties statewide to better

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Denver Industrial Market Posts Record-Breaking Year Across Multiple Metrics

Leave a Comment / Industrial, Reports /

In Q4 2021, the Denver industrial market recorded record-breaking stats across all metrics, according to CBRE’s Q4 report on Denver industrial. Vacancy and Availability The total availability rate continued to compress in Q4 2021, falling 192 bps year-over-year to 7.5%. Direct vacancy fell to 5.4%, a decline of 117 bps year-over-year. Despite increased supply, these

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Omicron Causes Further Delay in Return-to-Office

Leave a Comment / Construction, Development, Office, Reports /

While the summer of 2021 was marked by increased optimism regarding a fall return to the office, the emergence of the Delta and Omicron variants put plans on hold for the foreseeable future. When a return to the office does finally happen, office utilization will look much different than it did two years ago. CBRE’s

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