Boulder Apartment Complex Sale Sets New Record
View here A 26-unit apartment complex in Boulder, located at 1707 Walnut St. has sold for $15.6 million ($600,000 per unit) setting a new record for per-unit pricing in Colorado. ARA, A Newmark Company, represented developer Element Properties in the sale and Manhattan-based Rivendell Global Real Estate purchased the property.  ... Read more
Colorado Balfour Senior Living Expansion
View here Baby boomers may be responsible for an increase in demand for senior living facilities, according to an article by the Denver Business Journal. Award-winning Balfour Senior Living currently has 10 new facilities—most of them in Colorado—either operating, under construction or in the planning phases. A 74-unit facility is currently... Read more
HREC Arranges Sale of Quality Inn Central Denver
DENVER – HREC Investment Advisors, the nation’s leading lodging and gaming real estate advisory firm, has arranged the sale of the 213-guestroom Quality Inn Central Denver located in Denver, Colorado. The hotel was purchased by DEN 8888, LLC, a private investment partnership. Jeffrey Duni and Mike Dube in HREC Investment Advisors’... Read more
DENVER– Raising Cane’s Chicken Fingers – the Louisiana-based restaurant company known for its ONE LOVE® – quality chicken finger meals – has broken ground on its second Denver-area restaurant, at 18200 Cottonwood Drive in Parker. When it opens in August, the new restaurant will be the third Raising Cane’s in Colorado and among more than... Read more
Odell Brewing Co. Taproom Coming to RiNo
View here RiNo is quickly becoming the craft beer mecca of Denver, with another brewery and tap house slated to open in the RiNo District at the end of the year. Odell Brewing Co. will open a second brewery and tap house at the corner of 30th and Larimer streets — The... Read more
RiNo Art District Highlights Local Artists and Makers in New Home at Zeppelin Station
Denver, CO — Zeppelin Development continues to raise the bar with the newest lease signing at Zeppelin Station—a high-concept collection of the world’s most innovative merchants, chefs and creative companies and the namesake of Denver’s preeminent pioneering developer, Mickey Zeppelin—located directly at the 38th Street Light Rail Station in RiNo.... Read more
Amazon Fulfillment Center Under Construction in Aurora
View here Aurora — By late summer, the Amazon fulfillment center, currently under construction in Aurora, will be up and running. Located at Prologis Park 70 near the Intersection of Interstate 70 and E-470, the fulfillment center is expected to bring the city approximately $5.4 million in tax revenue in... Read more
GH Phipps Breaks Ground on Global Down Syndrome Foundation’s New Home
DENVER — GH Phipps Construction Companies has begun construction of a mixed-use project in the booming Cherry Creek North neighborhood that will serve as the new home to the Global Down Syndrome Foundation. The new 5-story building designed by Saiber Saiber Architecture, Inc., also will include ground-level retail and vocational... Read more
Denver’s New Hotel Construction Booming
View here According to hotel research company STR, there are 62.4 percent (4,672 new hotel rooms) more new hotel rooms under construction in Denver than last year, ranking the city third in the nation for having the most new-build hotel construction. Current leaders in the U.S. are Nashville and Seattle.... Read more
Elitch Gardens Owner Sees Parking Lot Potential
View here The expansive parking surface area between Elitch Gardens and Speer Blvd. is one of the largest remaining areas of open space in downtown Denver, which is why the local investment team, backed by billionaire Stan Kroenke that bought Elitch Gardens in 2015 and Denver planning officials, are exploring redevelopment... Read more