Author name: milehighcre

Associated Builders and Contractors Supports Governor Polis’ Vetoes

Associated Builders and Contractors – Rocky Mountain Chapter (ABC), a statewide association of commercial and industrial construction general contractors, specialty contractors and suppliers, has announced its support for Governor Polis’ vetoes of both HB24-1008 Wage Claims Construction Industry Contractors (referred to the ‘Wage Theft’ bill) and HB24-1260 Prohibition Against Employee Discipline (a ‘Captive Audience Speech […]

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Custom Suit Maker Opens 4,000 SF Showroom in Cherry Creek

BALANI Custom Clothiers, well known in the high-end clothing and business circles of Chicago and NYC, has opened a new 4,000-square-foot showroom in Cherry Creek, expanding its footprint in the Denver metro region to meet increased demand in hand-made, high-quality custom men’s clothing options with a unique stylist shopping experience.   Originally opening in Denver in

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short-term rentals

LoHi Apartments to Offer Short-Term Rentals and Hotel Stays

Grand Peaks, a fully integrated real estate investment firm, has leased 93 units within its forthcoming luxury multifamily community, Skyline at Highlands, to Sonder, a leader in short-term rentals, offering apartment-style hotel stays in active urban areas. Skyline at Highlands, located at 2501 W 26th Ave in Denver’s LoHi neighborhood, is pre-leasing the remainder of its 533 units

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office vacancy

Denver Records Office Vacancy Above National Average

The office market continues to be characterized by significant ongoing challenges, with stagnating demand and declining property values. Acccordint to a May 2024 National Office Report, debt service coverage ratios for offices have dropped recently as net operating income and debt obligations move in opposite directions. With office space demand remaining low, many companies are grappling with financial strains, leading to a

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MLG Capital Expands Nationwide Presence with New Denver Office

MLG Capital, a sponsor of private real estate funds targeting investment from investment advisors, family offices, high net worth and accredited individuals, has expanded its nationwide footprint with the addition of a new Denver office located in the Denver Tech Center (8490 E Crescent Pkwy, Greenwood Village, Suite 120). This addition adds to MLG Capital’s

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HOK Expands Moving to Larger Denver Office

To support continued growth, HOK is expanding its design studio in Denver taking a new 5,500-square-foot space within its existing LoDo Towers building. The small team that founded the studio in 2021 has now grown to 20 people. The team will continue to work on projects across multiple markets and disciplines, including Corporate, Healthcare, Science + Technology, Sports

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366-Unit Apartment Community in Longmont Now Leasing

on Thursday, May 16, Thompson Thrift, one of the nation’s leading multifamily developers, hosted a ribbon cutting for Notch66, a 336-unit multifamily community in Longmont. The first residents began moving in during the winter of 2023 and the community is already over 30 percent leased. “Notch66 provides an appealing rental option for residents desiring the style,

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Mile High Transactions Report

Industrial Portfolio Sells for $21.2M Off-Market Malman Commercial Real Estate announced the off-market portfolio sale of 4999 Oakland Street in Denver and 18245 East 40th Avenue in Aurora, totaling 205,966 square feet for $21,250,000. Malman Commercial Real Estate’s Jake Malman represented the Seller in this transaction. The buyer was unrepresented. “These were great assets but

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Mile High Dine and Recline: Traveling Mercies at Stanley Market Place

By Frank Mataipule and Megan Freckelton, FAM Design An intimate, thoughtful cocktail and oyster bar from James Beard Foundation Award-winning Chef Caroline Glover and Nelson Harvey, recently opened at Stanley Marketplace. Designed to celebrate family, travel, craft and hospitality, Traveling Mercies is inspired by the hole-in-the-wall spots we seek out when we travel. The name “Traveling

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DCPS Expands Services with New Office in Avon

DCPS, a premier provider of commercial and multifamily property services, is expanding into the Colorado mountain region with the opening of a new office in Avon. This strategic move signifies DCPS’s commitment to serving clients in Summit and Eagle counties with a dedicated team of local industry professionals, including Joi Wilson, Koye Carlstrom, and Roddy McGavin.

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