GTC Announces 2020 Subcontractors of the Year
Colorado-based Golden Triangle Construction (GTC) has announced the winners of its eighth annual SOTY (Subcontractor of the Year) Awards. Montgomery Electric, from Dacono; All Phase Concrete, from Englewood; Mile High Concrete from Denver, and Denver-based Delta Dry Wall, all came out on top in a close race. From Nov 2019 through Oct 2020 GTC issued 877 subcontracts, which utilized the services …
Potential CRE Tax Implications for Investors in 2021
By Blaire Butler and Peter Keepper, Essex Financial Group As the presidential election concludes, commercial real estate investors are now strategizing for the future impacts of new taxation policies under a different administration. It is worth prefacing this article with the fact that these changes/proposals are all preliminary at this point, as there …
Denver’s Livestock Exchange Building to be Restored
A Denver-based partnership consisting of EXDO Development, Elevation Development Group, the Colorado Cattlemen’s Association, and the nonprofit National Western Center Authority (DBA National Western Center) will restore and revive the historic Livestock Exchange Building at 4701 Marion St., located in the heart of the future National Western Center. The rehabbed …
Element Properties to Renovate and Reposition Boulder Flex Property
Element Properties, a Boulder-based full-service real estate development and investment company, has acquired two single-story flex buildings in Boulder. Element plans to renovate and reposition the properties from flex space into Class A creative office or life science space. The buildings, located at 2865 and 2885 Wilderness Place, total 45,345 square feet and …
Home Builders Associations Announce Shared Management Plan
Beginning December 1, 2020, the Colorado Association of Home Builders (CAHB) and the Home Builders Association of Metro Denver will enter into a Shared Management Agreement. The associations also announced that the CAHB’s current CEO Ted Leighty will become the leader of both HBAs. The state and metro Denver HBAs …
Ambient Energy’s Denver Office Awarded WELL Silver Certification
Ambient Energy, a third-party consulting firm specializing in commissioning, energy analysis, and sustainable design, has received WELL Silver Certification for their Denver office space. The company is one of only six in Colorado and among the first in the nation to achieve this important certification. The certification was awarded by …
Parker Retail Center Receives Multiple Offers, Sells Above Asking
Renco Properties, a local firm based in Parker, has acquired Parker Plaza, a 34,060-square-foot neighborhood shopping center in Parker, for $5.41 million. The desirable property received multiple offers and sold above asking. Parker Plaza is 95 percent occupied by a diverse mix of 17 tenants consisting of service uses, restaurant, …
Delta Dental of Colorado Moves to New, Larger Office in Greenwood Village
Stantec—a global leader in design—is leading the design and construction of Delta Dental of Colorado’s new 55,000-square-foot office at the Peakview Tower in Centennial. With social distancing and other safety precautions in mind, work is nearing completion. The new office will accommodate nearly 200 team members who work for the …
Demand for Denver Condos Remains Strong
By Gini MacDonald, employing broker, HomeSmart Colorado 2020 has brought about dramatic and long-lasting changes to just about every area in American’s lives, including the real estate market, which has long been considered a safe haven for investment. Reports from around the country indicate the sale of multi-family units have plummeted in …
Crossfit Inks HQ Lease in Boulder
According to Keys Commercial Real Estate, branded fitness regimen CrossFit will move its headquarters from Santa Cruz, California to the former Anthem Branding office building at 2617 Broadway in Boulder. The new roughly 7,100-square-foot headquarters will house the company’s corporate administration functions. “This is definitely a feather in the cap …