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Trion Properties Acquires Apartment Community in Aurora

Leave a Comment / Brokerage, Development, Investment, Multifamily /

Trion Properties, a multifamily real estate investment company based in Los Angeles, Calif. and Miami, Fla., has acquired Trailpoint on Highline, a 198-unit apartment community located in Aurora. Managing Director Nick Steele and Director Nate Moyer of Berkadia Denver represented the seller, Castle Hill Corporation, a private investment firm based in Austin, Texas. Berkadia Senior Managing Director […]

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Nearly 60% of Office Vacancy Concentrated in Just 10% of Buildings

Leave a Comment / Brokerage, Development, Office, Reports /

JLL’s latest Chart of the Week reveals that nearly 60 percent of Denver’s office vacancy is concentrated in just 10 percent of buildings. Janessa Biller, vice president at JLL Denver, commented: “I get asked all the time who is still leasing office space and this graph illustrates that companies want to be where the “buzz” is. In Denver’s

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Southeast Denver’s Greenwood Plaza Renews Kaiser Permanente in 120,979 SF Lease

Leave a Comment / Brokerage, Development, Healthcare, Office /

Cushman & Wakefield announced that One & Two Greenwood Plaza has extended its lease term with Kaiser Permanente for 120,979 square feet of space at the Class A office campus in Englewood. Kaiser serves as the anchor tenant of the two-building project totaling 197,528 square feet. The suburban campus is owned by Franklin Street Properties. Cushman &

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First Hyatt House Hotel in Colorado Springs Debuts

Leave a Comment / Development, Hospitality /

Hyatt House Colorado Springs Airport celebrated its official opening in June, marking the first Hyatt House hotel in Colorado Springs. Owned by Coughlin & Company, Inc. and managed by 5 Senses Hospitality Management, the hotel is conveniently located less than a five-minute drive from Colorado Springs Airport and aims to provide guests with the service and convenience of hotel

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Conscience Bay Company Acquires Seagate Campus in Longmont

Leave a Comment / Brokerage, Development, Office, Technology /

Conscience Bay Company (“CBC”) and its partner, Battery Global Advisors (“BGA”), have acquired the Seagate campus — a 533,238-square-foot, state-of-the-art R&D facility situated on 40.5 acres in Longmont — from Seagate Technology Holdings, which leased back the R&D facility for 10 years. Essex Financial arranged a $58.5 million acquisition loan for the purchase of 389 Disc Drive. The

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RiNo Art District and Denver Parks & Recreation Celebrate Completion of New Community and Performance Art Venue

Leave a Comment / Construction, Development /

RiNo Art District, a 501(c)(6) nonprofit arts organization dedicated to fostering a welcoming, creative community where a diversity of artists, residents and businesses thrive, hosted a ribbon-cutting ceremony with its partner, Denver Parks & Recreation (DPR), to celebrate the opening of a brand-new community and performing arts venue in Arkins Park. “This has been an

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Denver Housing Authority to Clean Up and Develop New Housing at Abandoned Tank Farm

Leave a Comment / Affordable Housing, Construction, Development, Energy /

At a recent event held at the newly-opened Thrive Apartments in Denver’s Sun Valley neighborhood, Kelly Watkins of the U.S. Environmental Protection Agency (EPA) Region 8 office joined Denver Mayor Michael Hancock; Denver Housing Authority CEO David Nisivoccia; U.S. Department of Housing and Urban Development Deputy Regional Administrator, Erik Amundson; Denver City Council President, Jamie Torres; and

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Saunders Construction Inc. Launches Saunders Concrete Structures

Leave a Comment / Construction, CRE People, Development /

Saunders Construction, Inc. has announced a new corporate business unit: Saunders Concrete Structures, LLC, which will focus on cast-in-place, place and finish, architectural, and tilt-up concrete projects throughout the Rocky Mountain region. As a trade partner to local general contractors in the market, Saunders Concrete Structures increases speed to market for concrete services, while continuing to

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NexGen Properties Buys Boutique Office Building in Greenwood Village

Leave a Comment / Brokerage, Development, Office /

Greenwood Village-based NexGen Properties, a private real estate acquisition, development, and investment firm, has purchased a 51,527-square-foot two-story, multi-tenant boutique office building located at 384 Inverness Parkway, in an all-cash transaction for an undisclosed price well below replacement cost. Cushman & Wakefield’s Aaron Johnson and Jon Hendrickson represented the seller San Francisco-based Graham Street Realty in the sale. Constructed in

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253 Affordable Housing Units Break Ground in Park Hill

Leave a Comment / Affordable Housing, Construction, Development /

The largest city-funded affordable housing project to break ground since the formation of Denver’s Department of Housing Stability (HOST) in 2019, officially broke ground in June. Construction is now underway on Holly38, which will provide 253 income-restricted units, including a large portion of three- and four-bedroom homes suitable for larger families. “Everyone should have the

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