PNC Bank announced today a significant investment in its branch network aimed at extending access to banking services and financial expertise for customers and communities across the country. The plan includes an approximate $1 billion investment to open more than 100 new locations — including in Denver — and renovate more than 1,200 existing locations […]
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Tributary Real Estate, a commercial real estate brokerage firm based in Colorado, today announced the seven-year renewal of its office lease at 1416 Larimer Street on Larimer Square, solidifying its commitment to downtown Denver. The historic character of Tributary’s 3,346-square-foot space and the surrounding block – characterized by brick and timber construction – as well as its central location
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NavPoint Real Estate Group Completes Sale of Class-A Medical Rehabilitation Investment in Castle Rock for $13.5M NavPoint Real Estate Group is pleased to announce that we have completed the 1055 S Perry Street sale in Castle Rock, a Class A Medical Rehabilitation facility. The property is a 2-story building totaling approximately 28,704 square feet, positioned
Mile High Transactions Report Read More »
Atlanta-based Peachtree Group has acquired the 180-room Hilton Garden Inn Denver Tech Center. Peachtree’s hospitality management team will operate the property. The financial terms of the transactions were not disclosed. “We are excited to acquire this premium-branded hotel in a growing submarket with a variety of diverse and stable demand generators,” said Michael Bernath, Peachtree’s
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By Bryce Hall, president KEPHART Every success starts with a vision, and it takes a dedicated team to realize it. In 1974, Mike Kephart envisioned an architectural firm that served the mission that “everyone deserves a well-designed place to live, work, and play.” For 50 years, this philosophy has shaped KEPHART into the design leader
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The overall decrease in the construction of logistics centers is having a noticeable impact on the total square footage of new industrial projects. However, despite the slowdown in logistics-centric construction, there are clear signs that manufacturing is gaining momentum and driving industrial real estate development. As some markets are already capitalizing on the surging manufacturing
Loveland Project Among Largest Industrial Developments Due in 2024 Read More »
Intelica Commercial Real Estate Company, LLC announced today its acquisition of Wheelhouse Commercial, a full-service commercial property management company, headquartered in Denver, effective February 13, 2024. This strategic move marks a significant milestone in Intelica’s growth in Colorado and underscores its commitment to providing exceptional service in the commercial real estate sector. The partnership between
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Gelt Venture Partners, LLC (GVP) has acquired Allure Apartments for $68.25 million. The 252-unit apartment property is located at 1300 S. Willow Street in Denver. With this acquisition, GVP now owns and manages more than 2,500 apartment units in eight properties and 85,000 square feet of self-storage property in the Denver region. The seller was
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Furniture Row is celebrating the grand reopening of its Furniture Row and Denver Mattress store in Lone Tree. Situated at 8375 Park Meadows Dr., this beloved furniture store has undergone extensive renovations and is now primed to provide the Lone Tree community with a new and improved shopping experience. “We’re delighted to invite customers back to our revamped
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A Class A industrial building currently leased to a diverse tenant roster, including PODS Moving and Storage and Kroger, has changed hands. United Properties has announced the sale of Trade@2534, a Class A industrial development located at 4201 Ronald Reagan Blvd. in Johnstown, Colorado, to California-based Nearon Enterprises, LLC. The terms of the deal were
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