Author name: milehighcre

Denver Ranks 9th in US for Residential Construction

Fueled by a population surge that’s been driving up demand for housing, Denver has seen intense activity in the residential development market. The city, which continues to attract skilled talent with a robust science and technology employment scene, has amplified construction efforts particularly in the multifamily sector. The latest Yardi Matrix research into residential real estate […]

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Altus Properties Acquires Fully Leased Single-Tenant Asset in Colorado Springs

Altus Properties, a St. Louis-based real estate investment and development firm with a portfolio of industrial, retail, multifamily and office assets, has acquired a Class A industrial manufacturing/distribution building totaling 97,094 square feet in Colorado Springs. Located at 10205 Federal Drive, the property is 100 percent leased and serves as the headquarters for ConcealFab Corporation

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Demolition Ceremony Marks New Beginnings for 10th and Sheridan Intersection in Lakewood

On July 25, Trailbreak Partners and Lakewood’s Economic Development Division began the highly anticipated demolition of the Holiday Shopping Center at the southwest corner of West 10th Ave. and Sheridan Blvd. The demolition ceremony took place at 955 N. Sheridan Blvd., marking a significant milestone in the ongoing revitalization efforts of the area. This momentous occasion marks

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Overcoming the Split Incentive with Solar

By Rachel Mountain For commercial property owners with triple net leases (NNN), recouping the costs of a capital energy improvement can be a barrier to making sustainable investments. Typically, these improvements lower the tenants’ utility bills in NNN leases, so the owner is not financially incentivized to invest. This is known as the “split incentive.”

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The Broe Group Adds The Seasons to its Expansive Cherry Creek Portfolio

The Broe Group has acquired The Seasons of Cherry Creek. The signature Class A, Cherry Creek multifamily community is The Broe Group’s latest addition to its long-term, family-owned Cherry Creek holdings that include award-winning multifamily communities and an expansive Class A commercial office portfolio. “For more than four decades, the Broe family and The Broe Group have called

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Precision Industrial, Loveland’s Largest Spec Flex-Industrial Building, Nearing Completion

McWhinney is nearing completion on its newest flex-industrial building, Precision Industrial, representing 164,000 square feet of Class-A flex-industrial space in Loveland. The 11.6-acre site is located just off the Crossroads Boulevard and I-25 exit and is part of Centerra’s 3,000-acre master-planned community developed by McWhinney. Project partners include architect Ware Malcomb and general contractor Golden Triangle Construction. The building,

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New Mixed-Use Project Under Construction in Downtown Superior Secures First Tenant

Boulder Baked has leased 1,150 square feet at the new mixed-use project called Origin in Downtown Superior. The local bakery is the first retail tenant to join the under-construction project. Upon completion, Origin at Downtown Superior will include residences, businesses, and outdoor space along Superior’s Main Street. The project has ground floor retail space spread along several city

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CBRE Releases Q2 Reports on Metro Denver Office, Industrial, Retail Sectors

Adding to its Q2 reports on the office and industrial property sectors, CBRE has released more insight into the Metro Denver office, industrial, and retail sectors. Retail availability continues to tighten as tenant demand remains robust, while medical office vacancy rates reached a new low, underscoring sustained demand in the MOB Market. Q2 2023 Metro Denver Retail Highlights Q2 2023

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Golfers Raise $85,000 for Home Builders Foundation

Colorado Housing and Finance Authority’s (CHFA) annual David W. Herlinger Golf Tournament raised $85,000 for Home Builders Foundation on Wednesday, July 19. Home Builders Foundation (HBF) is a nonprofit organization based in Englewood whose mission is to build independence, provide opportunities, and elevate lives for individuals and families with disabilities. Each year, HBF gathers builders, contractors, remodelers, tradespeople,

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Pinkard Construction Breaks Ground on Affordable Housing Project in Lafayette

Pinkard Construction, a leading affordable housing contractor, has broken ground on Willoughby Corner, a 400-unit affordable housing development in Lafayette. The project is a collaboration between the Boulder County Housing Authority (BCHA), the City of Lafayette, Pinkard Construction, Norris Design, and HB&A Architects. Colorado Lieutenant Governor, Dianne Primavera, noted in her remarks at the ceremony that Willoughby Corner will

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