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Denver Construction Costs Stay Below National Average

Leave a Comment / Construction, Development, Reports /

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

Leave a Comment / Brokerage, Development, Industrial /

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

Leave a Comment / Brokerage, Hospitality, Land Sales, Multifamily /

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

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

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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Historic Denver Office Asset Trades for Third Time in Seven Years

Leave a Comment / Brokerage, Office /

The Wheeler Block Building, a designated historic landmark in Denver, has sold to AP Wheeler Block, LLC for $13.5 million. The 33,125-square-foot multi-tenant boutique office building in Denver’s LoHi neighborhood was approximately 98 percent leased at the time of sale. The seller was Wheeler Block Investments, LLC, represented in the transaction by Jon Hendrickson and

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Evernest Acquires Legacy Property Management

Leave a Comment / Property Management /

Evernest, a full-service real estate and property management company, headquartered in Birmingham, Alabama, has acquired Denver-based Legacy Property Management. Evernest Founder and CEO, Matthew Whitaker said of the acquisition, “Denver and the front range have been an excellent market for us over the past three years. Any chance we can get to improve our footprint,

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Mile High Trendy Office: Stinson (PHOTOS)

1 Comment / Design, Feature, Office, Trendy Office Features /

Law firm Stinson recently consolidated 18 attorneys and 11 staff members from two offices, in the Denver Tech Center and downtown Denver, into one space. The firm is proud to now call 1144 15th Street home. Stinson’s inviting, modern 19,150-square-foot space is located on the 24th floor inside the Class A, LEED-certified office tower, one of

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Knighthead Funding Provides $21.5M Loan for Class-A Office Building in Colorado Springs

Leave a Comment / Development, Finance, Office /

Knighthead Funding LLC has provided a local investor operating as Columbia Victory LLC with a $21.5 million loan to refinance a newly-built Class A, 125,750-square-foot office building in Colorado Springs. The property is part of Victory Ridge, a 153-acre master development that includes retail, office, entertainment, and housing. Located at 10855 Hidden Pool Heights, the property,

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Two Apartment Communities Sell at 9+CO Development

Leave a Comment / Brokerage, Development, Investment, Multifamily /

Chicago-based Equity Residential, a publicly-traded real estate investment trust that invests in apartments, has purchased two apartment communities on Colorado Boulevard for a combined $311 million. Milo and Theo total 594 units at CIM Group and Continuum Partners‘ 9+CO development in Denver. 9+CO is a mixed-use redevelopment of the 26-acre former University of Colorado Health Sciences

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