Author name: milehighcre

Groundbreaking: Attainable Rental Housing Project in Buena Vista

On April 1, The Town of Buena Vista, Fading West Development, and its senior lender, Collegiate Peaks Bank, will celebrate the groundbreaking of The Midland Apartments, an attainable rental housing project in Chaffee County. This public/private venture is the culmination of more than two years of dedicated work by multiple stakeholders. It will include 60 apartments […]

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Warehouse Leased to Saltbox Trades in Denver

 JLL Capital Markets has arranged the sale of Saltbox Denver – Park Hill, a newly renovated industrial building totaling 101,788 square feet in Denver located just north of Colorado Blvd. and the I-70 interchange. Situated at 4800 Dahlia St., Saltbox is a side-loading industrial building that is fully net-leased to Saltbox. The property sits on 5.5 acres,

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Movers and Shakers Week Ending 03.08.24

Manish Kumar to Lead Denver’s Community Planning and Development Denver Mayor Mike Johnston has announced the nomination of Manish Kumar to lead Denver’s Community Planning and Development, pending city council approval. In this role, Kumar will work with residents and local businesses toward equitable and effective growth and development across the city.   “I’m thrilled to

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The Decline of Condominium Construction in Colorado

By Peter LiFari, Common Sense Institute Housing Fellow The disappearance of condominiums in Colorado embodies the state’s housing affordability challenges. Over the past fifteen years, Colorado condominium construction has experienced a severe decline, even while demand for condos and starter homes is strong as ever amid a housing affordability crisis. Fewer housing options has priced

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NAIOP Announces 2023 Awards of Achievement

On Thursday, Feb.29, NAIOP Colorado held its 36th Annual Awards of Achievement celebration at the Denver Center for the Performing Arts, Seawell Grand Ballroom, hosted by Fidelity National Title National Commercial Services. The event honors the “Best of the Best” in Colorado’s Real Estate Industry for 2023. The event was MCCD by Colorado Chapter President for 2024, Dan Metzger,

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Mile High Transactions Report

Marcus & Millichap Announces the Sale of a Net Lease Dutch Bros in Thornton, Colorado Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of Dutch Bros, a 950-square-foot property located in Thornton. The asset sold for $2,254,900. The buyer, a

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Encore Electric Signs Statement of Support for National Guard

In February, Encore Electric made public its commitment to support military veterans and those serving in the National Guard and Reserve by signing a National Statement of Support for Guard for the Employer Support of Guard and Reserve (ESGR).  Encore Electric welcomed several members of ESGR as well as other distinguished guests to its office

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DHA Receives NAIOP Community Impact Award

The Denver Housing Authority (DHA) announced that its 135-unit mixed-income apartment development in Sun Valley, Thrive Apartments, recently received the Community Impact Award from NAIOP Colorado. Held on Feb. 29, the 2023 Awards of Achievement celebrated the “Best of the Best” in Colorado’s real estate industry. “We are thrilled to see DHA has been recognized for

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255-Unit Multifamily Project in Aurora Tops Off 

Tempo Nine Mile, a new 255-unit multifamily development at the northeast corner of Parker Road and Peoria Street in Aurora has officially topped off. The project is part of the 22-acre The Point at Nine Mile master plan development by joint venture Draper and Kramer, Inc., Koelbel and Company, Mile High Development, and Urban Roots Development, Inc. KTGY

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Indoor Ski Slopes Coming to Thornton

SNÖBAHN, a Colorado startup pioneering year-round training for action sports, will celebrate the grand opening of its new 38,000-square-foot facility in Thornton on March 8 with a ribbon-cutting ceremony alongside Olympic gold medalist Bode Miller and representatives from the City of Thornton, including Mayor Jan Kulmann. Located at 14200 Lincoln St., this expansion marks a significant

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