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Vail’s Westin Riverfront Resort & Spa Unveils $1.5M Lobby & Outdoor Space Renovation

The Westin Riverfront Resort & Spa Avon, Vail Valley recently completed a $1.5 million refresh of its lobby, front desk and outdoor spaces, including new terrace furniture and fitness equipment. With a grand three-story glass wall highlighting the resort’s stunning view of Beaver Creek Mountain, The refreshed Westin Riverfront lobby offers a stylish & comfortable mountain […]

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PMG and Greybrook Realty Partners Acquire 123 Speer Blvd for $35M

A joint venture between national investment, development, and asset management firm PMG and Toronto-based private equity and asset management firm Greybrook Realty Partners, announced last week that they have purchased the Denver7 building on the 2.3 acre site at 123 Speer Blvd. for $35 million. PMG and Greybrook will develop Society Denver, a 600-unit mixed-use project

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Groundbreaking: Parterre Master-Planned Community in Thornton

Hines and partner Trez Capital have broken ground on Parterre, a new master-planned community in Thornton that will include for-sale single family, paired homes and multifamily units, as well as a mix of commercial and retail uses. Spanning across nearly 800 acres, the development will feature nearly 3,000 residential homes in total. Parterre will also

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Movers and Shakers Week Ending 07.16.21

Hoff & Leigh Continues Growth with New Broker Hoff & Leigh Denver announced the addition of Steve Cummock as an associate broker to the agency. After earning his master’s degree in Exercise Physiology and Biomechanics from the University of Northern Colorado, Mr. Cummock was a personal trainer and coached D1 collegiate athletes. He began his real estate career in

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Colorado-Based Software Company Signs Lease at Vista 25 At Arapahoe Station in Greenwood Village

In one of the largest direct lease transactions signed so far this year in Southeast Denver, Harbor Associates has signed Colorado-based enterprise software pioneer Nextworld to a long-term lease for 53,546 square feet at Vista 25 at Arapahoe Station (“Vista 25”) in Greenwood Village. Under the terms of the lease Nextworld will establish its new corporate

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CRE Industrial Trends_Taylor Cole

Black Creek Industrial REIT Acquires 48 Industrial Assets for $920M

Ares Management Corporation announced today that its managed fund, Black Creek Industrial REIT IV, has closed on the acquisition of 48 industrial properties totaling 8.3 million square feet. The properties were purchased from affiliates of real estate investment trust Prologis, Inc. for approximately $920 million. “This transaction demonstrates our continued commitment to the industrial sector, which is

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Local Developer Receives $50M Construction Financing for Broomfield Apartment Project

Boulder-based developer Mountain View Capital has received a $50 million construction loan for the development of Polaris Wadsworth Station Apartments, a 276-unit, to-be-built, luxury, garden-style multi-housing community in Broomfield. Senior Director Kristian Lichtenfels with JLL represented Mountain View Capital, in arranging a five-year, floating-rate loan with a national bank. With an anticipated completion date of January

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Alliance Construction Solutions Breaks Ground on Stanley Residential

Alliance Construction Solutions (Alliance) has broken ground on Stanley Residential—a collaboration between Westfield, Shears Adkins Rockmore (SAR+), and Alliance. The 190,000-square-foot project, located just south of Stanley Marketplace in Aurora, will provide two 4-story buildings and include 168 Class A apartments with a boutique approach to amenities targeting the workforce housing demographic. “The Alliance team is

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Denver Ranks 12th on CBRE 2021 Tech Talent Report

North American tech-talent employment weathered the pandemic better than most other professions, according to CBRE’s 2021 Scoring Tech Talent report. Despite slipping from its No.7 position in 2020, Denver currently has the 12th largest tech talent labor pool nationally with 114,900 tech workers and remains a top choice for tech companies. “With an expanding talent pool, strong

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New Construction Company Forms in Colorado Springs

Saunders Construction and Norwood Development Group have formed a new construction company—Saunders Norwood Construction (SNC)—focused solely on building within the Pikes Peak Region including the counties of El Paso, Teller, Fremont, Pueblo. Headquartered in Colorado Springs, SNC will offer construction management, general contracting and design-build services for commercial, institutional, K-12 and higher education, healthcare, municipal, non-profit,

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