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Mile High Transactions Report

Marcus & Millichap Facilitates the Sale of a 10,451-Square-Foot Industrial Building Marcus & Millichap announced the sale of a 10,451-square-foot industrial property leased to Traffic Management Inc. located in Denver. The asset sold for $2,450,000.  Alyssa Tomback and Thimy Moraitis, investment specialists in Marcus & Millichap’s Denver office, had the exclusive listing to market the property on

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Two New Dining Concepts to Open at Kimpton Claret Hotel

Kimpton Claret Hotel, the newest member of IHG Hotels & Resorts’ Luxury and Lifestyle portfolio opening soon in Denver’s Belleview Station, will open two restaurant concepts at the hotel in July: Saverina will be the hotel’s ground floor restaurant serving Italian-inspired modern American fare while Halo will be the hotel’s 19th-floor rooftop bar offering libations, global-inspired small bites, and dramatic, 180-degree views of

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Denver’s Affordable Housing Linkage Fee to Increase July 1

As part of the Expanding Housing Affordability ordinance, adopted by Denver City Council in June 2022, affordable housing linkage fees increase each year on July 1 in a phased approach through July 1, 2025, after which time the fees will be increased for inflation annually. The linkage fees go into Denver’s affordable housing fund, which

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Aerospace Company Relocates to Baseline in Broomfield

MMA Design, a leading provider of space solar arrays, RF/Communications antennas, and other innovative solutions for space missions, is relocating to a new state-of-the-art facility at Baseline in Broomfield. The move enables MMA to expand its manufacturing and production operations and provide even greater capabilities to its government and commercial customers.   The new facility, located at 1755

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Mile High Trendy Office: Cushing Terrell, Atrium Campus

Cushing Terrell, a national multidisciplinary architecture, design, planning, and engineering firm embedded in the American West since 1938, has officially moved into its new regional headquarters at 1700 Broadway in Upper Downtown. 1700 is part of Denver’s new downtown campus, The Atrium. The campus has unparalleled access to the city’s best restaurants, art museums, and

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Southern California Jewelry Brand to Open Two New Colorado Retail Stores

gorjana, the fast-growing Laguna Beach-based jewelry brand, will open two new Colorado retail stores on July 15, the first at Boulder’s Twenty Ninth Street and the second at Lone Tree’s Park Meadows mall. Following gorjana’s successful opening in Denver earlier this year, these new locations continue the momentum of the brand’s exciting expansion across the

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Newly Built Apartment Community in Englewood Refinanced

Calmwater Capital has provided The Prime Company (“TPC”) with $34 million in first mortgage debt to refinance Oxford Vista, a recently built, 146-unit Class A multifamily property in Englewood. The 30-month, floating-rate loan was secured by the five-story in-fill development which was delivered to market by TPC in December 2023. Oxford Vista is located at

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CU Boulder Pays $10M for Louisville Movie Theater

On May 14, CU Boulder paid Regal Cinemas Inc. $10 million for the 8.85-acre property at the junction of U.S. 36 and McCaslin Boulevard, according to Boulder County records. The property was previously a Regal Cinebarre movie theater. CU Boulder wants to create more on-campus and transit-oriented housing options, reducing pressure on the local housing

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Brikwell Acquires Affordable Housing Community in Eaton CO

JLL Capital Markets has arranged $5.8 million in financing for Benjamin Square, a 60-unit affordable housing community in Eaton, Colorado. JLL represented the borrower, Brikwell, to secure the fixed-rate senior loan through Freddie Mac Multifamily. JLL and Freddie Mac were able to craft a structure that provided the borrower time to renew and extend the Project-Based

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