Murphy Company Acquires Northern Business Center
Murphy Company, one of the nation’s largest mechanical contracting firms, has acquired the Northern Business Center at 12789 Emerson Street in Thornton. The company plans to transform the manufacturing area into 90,000 square feet of fabrication space and to relocate a majority of its Colorado-based employees into the building’s 40,000-square-foot office space …
Out-of-State Investor Acquires LoHi Townhomes
Lumen Homes of Denver has sold its Navajo Townhomes development, located at 3295 Navajo Street in Denver’s Lower Highland neighborhood, to a an out-of-state investor for $2,513,686. Robert Bratley with CBRE Capital Markets in Denver represented the buyer who purchased the four units in a bulk acquisition that closed Sept. 30. “There are a lot of …
Apartment Project Approved For Final Parcel at Sky Ridge Rail Station
A new 240-unit apartment complex has been approved for development on the last parcel of land at the Sky Ridge Station transit oriented development (TOD) site of the new RidgeGate community in Lone Tree. The seven-story apartment complex, which includes two levels of parking, is adjacent to various large employers in …
Movers and Shakers Week Ending 10.11.19
DMCAR Installs 2019-20 Board of Directors; Pinnacle’s Paul Schneider to Serve as President Paul Schneider, a principal with Pinnacle Real Estate Advisors, has been installed as president of the Denver Metro Commercial Association of REALTORS ® (DMCAR). Schneider will serve a one-year term leading the association which represents approximately 2,000 commercial brokers in …
MG Revitalizes Presence and Casts Broader Benefit
Denver-based MG AEC Technology Partners (MG), process innovation specialists, has revitalized its brand and online presence at https://mg-aec.com. Formerly known as MasterGraphics.aec, the brand is easiest articulated as simply MG. “MG’s passion is founded on streamlining processes. Simplifying our brand reflects that,” says president Scott Bailey. Building on a platform of expertise …
Industrial Building in Prime RiNo Location Sells for $8.15M
A 83,256-square-foot industrial building which sits on 2.58 acres 4220-4244 Broadway in RiNo has sold for $8,150,000 ($98/SF). Brian Cox and Steve Suechting of Lee & Associates – Denver represented the seller, Helten Enterprises, LLC. The buyer, 4250 Broadway, LLC was drawn to the buildings prime RiNo location within 1/2 mile of full …
Cañon City Middle School Tops Out
Earlier this week, GE Johnson held a topping out ceremony for Cañon City Middle School with students, teachers and administrators in attendance. The new middle school is part of a multi-facility repair, renovation, and upgrade project made possible by a successful bond and a Building Excellent Schools Today (BEST) grant. The design-build …
Cushman & Wakefield Report Reveals Denver’s Coolest Streets
Cushman & Wakefield’s latest COOL Streets 2019 Report explores how a new wave of urban, experiential and independent retail concepts catering to changing consumer demands, has led to the rise of 100 “Cool Streets.” The report includes two of Denver’s hottest neighborhoods: Lower Highlands (LoHi) and RiNo and details retail trends, rent range, demographics …
Transforming a Complicated Site into Improved Guest Experiences
By Becky Zimmermann, president of Design Workshop. From a real estate and construction perspective, the redevelopment of the Zephyr Plaza at Winter Park Resort doesn’t get much more complicated. The plaza was originally constructed in 1999, as part of the base area development that included the Zephyr Mountain Lodge (230 condominium units) and …
Construction Begins on Speculative Industrial Development at Dove Valley Business Park
Construction has begun on a two-building industrial development totaling 264,000 square feet, at Denver’s Dove Valley Business Park. The development is the result of a joint venture between The Opus Group (Opus) and USAA Real Estate. Opus is the developer, design-builder and the architect and structural engineer of record. Doug Viseur and …