Author name: milehighcre

Build-To-Rent Developer Acquires 7-acre Parcel in Adams County

The True Life Companies (TTLC) recently sold its Clear Creek Valley project, a seven-acre parcel located in Adams County, to Core Spaces, an innovative real estate firm specializing in purpose-built, build-to-rent homes with offices in Chicago and Austin. The property is approved for the construction of 116 duplex-style, residential homes for rent — a growing model […]

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Rose on Colfax Celebrates Grand Opening

Today, Jan.24, Mercy Housing, Inc., a leading national affordable housing nonprofit headquartered in Denver, Mile High United Way, and Mile High Early Learning celebrated the grand opening of the Rose on Colfax, an affordable housing community with a co-located childcare center on the corner of East Colfax and Valentia Street in the East Colfax neighborhood. Named after

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Stockbridge Capital Sells 1.7MSF National Light Industrial Portfolio

Cushman & Wakefield’s National Industrial Advisory Group (“IAG”) has advised Stockbridge Capital Group in the disposition of an approximately 1.7-million-square-foot (SF) multimarket light industrial portfolio known as Project RedHawk. The portfolio was sold in four separate transactions to two different buyers between December 2023 and January 2024 and comprises four sub-portfolios totaling 49 buildings well-located

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Governor Jared Polis Joins Commerce City to Celebrate the Groundbreaking of South Platte Crossing

A significant milestone for affordable housing was marked today, January 23, with the groundbreaking of South Platte Crossing, distinguished by the presence of Governor Jared Polis. The event underscored the importance of the collaborative effort required to meet the community’s housing needs. Brinshore Development, LLC, Eric Nesbitt of Nesbitt Commercial Group, Alliance Construction Solutions, Carvell

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Commercial Real Estate Outlook for 2024

By Jerrold L. Bregman As we reflect on 2023 and look ahead to 2024, it is evident that the Denver commercial real estate market, like the rest of the country, has not been immune to the broader economic challenges. Factors such as the highest interest rates in decades, a pandemic causing workers and companies to

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Q4 Reports for Metro Denver Retail and Downtown and Southeast Office

CBRE research has published three Q4 reports covering metro Denver retail and southeast and downtown office. Strong market fundamentals persist for the Denver retail market as Q4 boasts low availability. Downtown Denver’s total office vacancy stayed flat while availability increased at the end of 2023. In the southeast Denver market, office rents held firm despite

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City Council Unanimously Adopts Near Northwest Area Plan

In December, after two years of work with community members in Chaffee Park, Highland, Jefferson Park and Sunnyside, city planners with Denver Community Planning and Development (CPD) presented the final draft of the Near Northwest Area Plan to Denver City Council, which voted unanimously to adopt the plan following a public hearing. The plan lays

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Howell Construction Celebrates Ground Breaking of New Hospital Heliport

Howell Construction was recently joined by HealthONE North Suburban Medical Center and AirLife Denver to celebrate the groundbreaking of the new heliport at North Suburban, the home base for AirLife Denver. Designed by healthcare and commercial architecture design firm Path21, the project will add a new hangar and an apparatus helipad for service and landing,

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Denver Developer Breaks Ground on New Active Adult Community

Headwaters Group, a vertically integrated real estate owner and developer based in Denver, today announced the groundbreaking of Aspendale Centennial, an active adult community located in Centennial. The project will provide much-needed active adult and senior housing to an undersupplied market. Located at 13857 E. Arapahoe Pl., Aspendale Centennial will be a four-story, wood-frame apartment

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