BrokerageOffice

Broe Real Estate Group Acquires Three-Building Portfolio in Colorado Springs

DENVER — Broe Real Estate Group, a wholly owned subsidiary of The Broe Group, has purchased a three building flex/office portfolio comprising more than 210,000 square feet located in Colorado Springs’ Briargate Office Park. The portfolio sold for $21M or $99.69 per square foot. Broe intends to improve common areas, landscaping and …

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BrokerageDevelopmentHospitality

New Boutique Hotel in Parker Secures Financing

PARKER, CO — JLL has secured financing for the development of The Laszlo, a high-end 51-room boutique hotel in Parker by developer Mars Hospitality, LLC. The hotel recently broke ground and is the first phase of development for West End on Mainstreet that aims to provide a welcoming community space for the town. Part …

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BrokerageCondominium

Laurel Cherry Creek Condos Experience Summer Sales Surge

DENVER— Sales have been strong at Laurel Cherry Creekthis summer, with nearly two-thirds of the condominiums under contract.  The sales surge has been attributed to the release of the few remaining two bedroom, two bedroom + study, and three bedroom homes to the market.  The release currently holds at least one …

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ArchitectureCondominiumConstruction

Comfortably Priced Condos for Sale in Denver

DENVER — As the number of condo developments in Denver slowly continues to climb, pre-sales have begun for 41 low maintenance condominiums, named Monaco One Fifty Five at Crestmoor Heights, with starting prices as low as $340,000.  The new condo development is located at 155 South Monaco Parkway, steps from Crestmoor Park in Denver’s …

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Office

Prominent Law Firm Signs Lease at 1144 Fifteenth Street

DENVER – Faegre Baker Daniels, one of the 75 largest law firms in the United States, has signed a 58,000-square-foot lease at 1144 Fifteenth Street, the new 40-story, Class AA office tower totaling 671,101 square feet in downtown Denver. Rick Schuham and Tiffany Winne with Savills-Studley represented Faegre Baker Daniels, …

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ConstructionDevelopmentRetail

Village on the Park Shopping Center in Aurora to be Redeveloped

AURORA — Kimco Realty Corp. (NYSE:KIM) will begin a $14,500,000 redevelopment of Village on the Park shopping center in Aurora, this fall. The southern portion of the center will be demolished and rebuilt and is expected to be complete summer 2019. Kimco has signed a lease with Old Navy to occupy a …

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ArchitectureHospitality

Ohlson Lavoie Collaborative Completes DoubleTree by Hilton Denver Renovation

DENVER — OLC (Ohlson Lavoie Collaborative), a Denver-based architectural firm with offices in Orlando, Tokyo and Cairo, recently completed a renovation to the DoubleTree by Hilton in Denver, located at 3203 Quebec St.  The $5 million, 13,400-square-foot renovation embraces the western heritage of Colorado lifestyle with a modern sophisticated twist and …

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Construction

Colorado Construction Company Expands Global Footprint

COLORADO SPRINGS — Bryan International, a subsidiary of Bryan Construction Inc., headquartered in Colorado Springs, continues to expand into new construction markets in many countries around the world. Founded in 2010, Bryan International initially built projects in Afghanistan supporting the US military mission and improving the country’s infrastructure. For the last two years, Bryan …

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transactions
Transactions

Transactions Report Week Ending 08.03.18

NavPoint Completes Sale of Brighton Mixed-Use Portfolio NavPoint Real Estate Group announced it has completed the sale of a mixed-use portfolio of four buildings on Main Street in Downtown Brighton, totaling 37,392 square feet. The first property closed in July 2017 while the last closed in July 2018. The portfolio consisted …

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Movers and Shakers
Movers and Shakers

Movers and Shakers Week Ending 08.03.18

Marcus & Millichap Promotes Three to First Vice President Marcus & Millichap announced that Skyler Cooper and Brian C. Smith, CCIM, SIOR, have been promoted to first vice president investments in Marcus & Millichap’s Denver office. Cooper was previously a vice president investment with Marcus & Millichap and focuses on advisory …

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