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Cold Storage Developer Expands in Denver with $19M Acquisition

A single-story cold storage and food distribution facility located at 4475 East 50th Ave in Denver, has sold for $19,093,400 to Karis Cold, a private equity-backed, specialized cold storage developer and investor. Since the onset of COVID, the demand for food-related industrial properties has peaked and continues to be highly sought after by investors and […]

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New Mixed-Use Residential Development Coming to Fitzsimons Village Master Plan

The development team of Uplands Real Estate Partners, The Max Collaborative, and Wynne Yasmer Real Estate are planning to deliver a new mixed-use residential development located within Fitzsimons Village, across from the Anschutz Medical Campus in Aurora. The Broadleaf will include 370 residential apartments and more than 9,000 square feet of ground-floor retail space lining the

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Iconic Boutique Resort Property in Estes Park Acquired by Owner of Stanley Hotel

Grand Heritage Holdings owner of the Stanley Hotel in Estes Park, has acquired Fall River Village Resort, an iconic 89-unit boutique mountain resort and SkyView wedding venue located at 200 Filbey Court in Estes Park. The new ownership plans to rename the property Fall River Village by The Stanley. Avison Young’s Chris Kilcullen, senior hospitality

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The Westin Riverfront Completes Major Athletic Club Upgrade

The Westin Riverfront Resort & Spa Avon, Vail Valley has completed a $500,000 upgrade to its Athletic Club with the addition of an extensive line of TechnoGym strength and cardio equipment and a refresh of all flooring & paint throughout the sunlit fitness center. The exclusive fitness equipment provider for the Olympic Village and the PGA,

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Movers and Shakers Week Ending 01.07.22

Prime West Welcomes Megan Kranichfeld as VP of Industrial Prime West, a Colorado-based commercial real estate firm, recently announced that Megan (Turner) Kranichfeld has joined the team and will serve as vice president of Industrial Development. In this role, she will spearhead the company’s expansion into the industrial development sector.  She is responsible for identifying

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Vida Opens at CSU Spur at National Western Center

Tomorrow, Jan. 7, the Colorado State University System will open CSU Spur, a year-round and first-of-its-kind public destination in Denver, at the National Western Center. The first facility to open at CSU Spur is called the Vida building, which translates to “life” in Spanish and focuses on animal and human health. CSU Spur is made up of three

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Denver Construction Costs Stay Below National Average

International property and construction consultancy firm Rider Levett Bucknall (RLB) has released its new Quarterly Cost Report (QCR) for North America. With data current to mid-Q4 and featuring construction cost information for 14 US and Canadian markets, the QCR provides a statistical view of the state of the construction industry, detailing indicative construction costs for

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Newly Constructed Industrial Building in Aurora Sells for $33M

San Diego-based Westcore, a leading West Coast industrial real estate acquisition, development and asset management firm, has purchased a brand new 142,760-square-foot Class A industrial building in Aurora for $33 million. Known as Park 225, the newly constructed, state-of-the-art multi-tenant building was sold and developed by a joint venture between Karis Capital and AEW, both leading

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Mixed-Use Project Planned for 9.12-acre site in Pueblo

According to Avison Young, Conifer-based buyer, BEP Pueblo LLC, a Colorado limited liability company affiliated with Blueline Equity Partners, has purchased 9.12 acres of vacant land strategically located at the southwest quadrant of US Highway 50 and Interstate 25 in Pueblo. The developer seeks to develop a mixed-use project that includes a mix of apartments, a

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Speculative Office Development in RiNo Signs First Tenant

In a pioneering move, Moye White LLP, a full-service law firm offering strategic representation in complex commercial transactions and disputes, has committed to a 42,527-square-foot headquarters lease at The Current, a 12-story, 238,000-square-foot office development under construction in RiNo. The lease represents the first tenant commitment to the speculative development. Construction of the building began in May 2021 and is slated for delivery

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