Author name: milehighcre

Grand Opening: Prost Brewing Co.’s Northglenn Biergarten

Award-winning Colorado craft brewery Prost Brewing Co. celebrated the grand opening of its Northglenn Biergarten on Thursday, Jan. 4. The Northglenn Biergarten, Prost’s fourth biergarten in Colorado, is a 10,000-square-foot community gathering space focused on elevated German cuisine and world-class beers. It’s the first portion of Prost’s new, nearly 60,000-square-foot production headquarters to open.  “Prost is about […]

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How to Avoid the Key Pitfalls in Multifamily Wood Framing  

Wood framing is a critical multifamily construction scope requiring attention and expertise. However, it can also be risky, causing quality issues and schedule delays if not appropriately managed. This is why Pinkard Construction has launched a new framing division, Pinkard Frameworks, to address these challenges. Recently, Pinkard President Tony Burke and Pinkard Frameworks Manager Dan

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51-Key Boutique Hotel in Parker Sells for $8.25M

Avison Young has completed the $8.25 million sale of Ascent on Main, a 51-key boutique hotel located at 18595 Mainstreet in Parker. Avison Young Principal Chris Kilcullen represented the seller, Independent Bank who oversaw the property which was in receivership. Keen-Summit Capital Partners, a real estate brokerage and workout firm and an investment banking firm

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CBRE Secures Industrial Lease at Clarion Gateway 27 in Aurora

CBRE has secured a 60,254-square-foot lease to Wisconsin-based RJ Schinner, a wholesale distributor of food service, paper, and janitorial supplies, at Clarion Gateway 27 in Aurora. Jeremy Ballenger, Tyler Carner and Jim Bolt of CBRE represented the landlord, Clarion Partners, in the leasing of the building. Located at 19080 E. 38th Ave. in Aurora, Clarion Gateway 27 is a recently

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Nonresidential Construction Adds Nearly 12,000 Jobs in December

According to an Associated Builders and Contractors analysis of data released on January 5 by the U.S. Bureau of Labor Statistics, the construction industry added 17,000 jobs on net in December. On a year-over-year basis, industry employment has grown by 197,000 jobs, an increase of 2.5%. Last month, nonresidential construction employment increased by 11,900 positions

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Howell Construction Completes Weifield Group’s Office Renovation

Howell Construction recently completed a corporate tenant improvement project for its long-time industry partner, Weifield Group Contracting, LLC. The phased interior renovation took place within Weifield’s occupied, two-story office, enabling the company to remain open and operational throughout construction.  Phase I focused on the upper floor, where the existing space was taken back to shell

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The Death of Big Box Retail Opens to the Rise of Elevated Eatertainment

By Frank Mataipule and Megan Freckelton, FAM Design As the world continues to evolve post-pandemic, the commercial real estate paradigm has also shifted. What used to work for restaurants, hotels and other commercial hospitality brands, many times doesn’t apply now — and hospitality professionals have been at the forefront of this shift, pivoting and adapting

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Movers and Shakers Week Ending 01.05.24

Harris Kocher Smith Announces Promotion of John Stafford, PE Harris Kocher Smith, a leading engineering, surveying, and utility services firm, recently announced the promotion of John Stafford, PE, and Mike Moore, PE, to the Board of Directors. Their addition solidifies company leadership and a commitment to customers and employees.  Joining existing board members, Steve Kocher,

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Brinkman Construction Completes Destination at Arista

Fort Collins-based general contractor Brinkman Construction recently completed the construction of Destination at Arista, a new state-of-the-art multifamily community that brings 325 units to the Broomfield market. This project, encompassing four four-and five-story buildings totaling 492,650 square feet, showcases a mix of garage and surface parking. IRT Living is the owner and developer of the

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10 Critical Questions for CRE in 2024

By Kevin Thorpe, chief economist, Cushman & Wakefield It was an uphill battle for CRE in 2023. Higher interest rates, elevated inflation and the threat of a recession all contributed to a year of turbulence and uncertainty. Despite the challenges, the industry demonstrated bright spots of resilience and adaptability. What does that mean for 2024? 

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