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Greenwood Corporate Plaza Sells for $38.4M

Private equity real estate investment firm Viking Partners Management, Inc. has acquired Greenwood Corporate Plaza, a 412,869-square-foot suburban office campus in the Denver Tech Center for $38.4 million. The acquisition is the first for Viking Partners out of its new Mountain West regional office in Denver under the direction of Managing Director, West Region Scott […]

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Industrial Portfolio in Colorado Financed for $16.8M

JLL Capital Markets recently arranged $16.8 million in financing, on behalf of Flywheel Capital, for the purchase of a fully leased, three-property light industrial portfolio totaling 292,076 square feet in Commerce City, Loveland and Pueblo. The portfolio comprises 6300 Clermont, a two-building single-tenant asset in Commerce City; Campion Industrial Park, a three-building multi-tenant asset located in Loveland;

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Building Heights to Increase in Denver’s Golden Triangle

The Denver City Council has approved a proposal which outlines a package of new zoning rules for the Golden Triangle neighborhood, including an increase to maximum building heights. According to the new verbiage, typical building heights in the Golden Triangle neighborhood range from 3 to approximately 20 stories, with the general building form intended to provide

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Mortenson Denver to Complete Fourth Project With NREL

Mortenson, a top-20 U.S. builder, developer, and engineering services provider with four decades of experience in Colorado, will build a new research laboratory facility on the South Table Mountain Campus of the U.S. Department of Energy’s National Renewable Energy Laboratory (NREL) in Golden, marking the fourth time Mortenson has completed a project at this innovative

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Movers and Shakers Week Ending 07.23.21

Crescent Hires New Senior Vice President for Acquisitions Crescent Real Estate LLC (Crescent) announced the hiring of Lindsey Giacchino as a senior vice president for acquisitions in the Denver office. Giacchino’s responsibilities include identifying and leading office acquisitions and establishing strategic plans for acquired properties. Lindsey joins Crescent with a wide range of experience and

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Zeppelin Development to Construct A-Frame Village in Winter Park

Zeppelin Development recently closed on a $5 million construction loan through FirstBank, to begin construction of A-Frame Club, a unique hospitality project in Winter Park. Zeppelin purchased the 2-acre site in February 2020 for $1.5 million. According to Oregon-based Skylab Architecture, the architect for the project, the 14,260-square-foot project will consist of 31 newly-constructed cabins, integrated

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Climate Change

Denver Moves to Hire Head of Urban Design

As Denver’s recovery moves forward, the city’s Department of Community Planning and Development is looking to elevate the role of urban design in preparing Denver for the future while preserving our historic buildings and staying true to Denver’s heritage. The department will hire a City Urban Designer to lead and champion this effort. This individual will bring

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Embrey Closes on Land Site for Multifamily Project at The District in Centennial

San Antonio-based Embrey Partners, LLC has closed on its site purchase for Hensley at The District, a 304-unit multifamily community project with neighborhood walkability and easy access to jobs, shopping and entertainment. Embrey purchased the site from Denver-based Brue Baukol Capital Partners. The project is a six-story multifamily wrap-style project that will help create a pedestrian-oriented

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Apartments Under Construction at Canyonside Master Planned Community in Castle Pines

Denver-based BMC Investments (BMC) has commenced construction on Canyonside Apartments, a new, 325-unit multifamily community located within Canyonside at Castle Pines, the mixed-use neighborhood within the Canyons master planned community in Castle Pines. The property will be one of the only rental options in the community and are expected to deliver in summer 2023. BMC Investments’ partner on the project is Rockpoint, a premier

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Three-Building Retail Asset in Westminster Sells for $9.85M

A retail portfolio comprising three inline shop buildings located within the Westminster Crossings shopping center in Westminster has sold for $9.85 million. Totaling 28,705 square feet of gross leasable space, the multi-tenant asset is 100 percent leased to a strong roster of national and regional tenants. The buyer was Colorado-based Coco’s Place, LLC, which acquired

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