New Beauty Bar to Open Inside Cherry Creek’s Steele Creek Building

DENVER — PūrLuxe Beauty Bar will make its debut later this month in a 1,400-square-foot space inside Cherry Creek’s Steele Creek Building, next to sushi restaurant Matsuhisa. A 10-year lease has been signed with building owners, UDR Inc. and construction is in progress. Le Enterprise Construction is the general contractor for the project. PūrLuxe Beauty Bar is a …


Outdoor Lifestyle Campus Coming to Golden

GOLDEN – Colorado-based design-build firm The Neenan Company recently announced its plans to build an outdoor lifestyle campus in Golden. The land is under contract and located in unincorporated Jefferson County to the west side of Highway 93, five minutes north of downtown Golden. The proposed development, which requires re-zoning approval, …


Final Asset Trades in Eight-Property Mixed-Use Portfolio in Aurora

DENVER – The final asset in the Southlands High Visibility Portfolio, a 9,420-square-foot retail center in Aurora, has traded. Transwestern’s Brad Cohen and Larry Thiel represented the seller, BLC-II LLC, in the disposition of the eight-property mixed-use portfolio totaling 67,805 square feet at 24272 E. Prospect Ave, developed by Alberta Development. The buyer …


United Properties Find Success with ‘Next Gen Mixed-Use’ Development

DENVER – United Properties, an industry leading commercial property investment company in Minnesota and Colorado, has established itself as one of the most active retail developers in the Denver area. In recent months the developer has built a pipeline of 20 acres of retail, primarily through the combination of developing free-standing retail …


Collegiate Peaks Bank Opens New RiNo Branch

DENVER – Collegiate Peaks Bank has opened a new branch in RiNo, located at 3655 Brighton Blvd., in a newly constructed 8,900-square-foot office building. The bank has been serving customers throughout RiNo and downtown Denver for more than a decade, and the new building will enable the bank to provide more convenience …


New JLL Study Reveals How Retailers Can Improve Shopper Satisfaction

Las Vegas, NV — JLL  and Big Red Rooster, a multidimensional brand experience firm, recently evaluated 100 stores and surveyed 2,000 shoppers across 10 retail sectors to find out what makes shoppers content from the moment they walk through the door all the way to their purchase. Creating brand affinity has always been a …


Economic Strength Outlined in 2018 State of Downtown Denver Report

DENVER — Earlier this week the Downtown Denver Partnership released its 2018 State of Downtown Denver report. The annual report, funded in part by the Downtown Denver Business Improvement District, is one of the most comprehensive statistical looks at the stories and statistics behind a thriving center city, detailing increasing investment, …


Denver’s Sidford Capital Purchases Denver Retail Center, Plans for Major Renovations

DENVER — Parker Point, a neighborhood retail strip center located at 7920 and 7950 E. Mississippi Avenue in Denver, at the intersection of Parker Road and East Mississippi, has been sold for $2.8M. Parker Point is comprised of two standalone buildings, together measuring approximately 19,943 square feet. A $150,000 renovation is expected to reposition …

Affordable HousingBrokerageMultifamilyRetail

KeyBank Provides $49.7M in Financing for Affordable Housing Development in Westminster

WESTMINSTER — KeyBank’s Community Development Lending & Investment (CDLI) team has provided a total of $49.7 million in financing to a joint venture among Koelbel and Company, Mile High Development and Longs Peak Advisors, to support the new construction of Eaton Street Apartments, a 5-story, 118-unit affordable housing development in Westminster. Eaton Street …


First Residential Building Opens at 9th and Colorado Project  

DENVER — Residents have begun moving into the Theo Apartments, the first market rate residential building at 9th & Colorado, a 26-acre urban infill project at the site of the former University of Colorado Health Sciences Center in Denver.  The brand new nine-story apartment building by developer 9th Avenue (Denver) Land, LLC — a joint venture …