Author name: milehighcre

Phase II at Hub Arapahoe Breaks Ground

Jordon Perlmutter & Co. has announced the groundbreaking of Phase II at Hub Arapahoe, marking the next chapter in the development of the premier 22-acre, 304,172-square-foot, Class A industrial campus located 1.5 miles east of I-25 at Arapahoe Road in Centennial. Anchoring this milestone is a new lease agreement with Pacific Office Automation, a leading provider of […]

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Recovery Visible in Downtown Denver’s Office Market

According to CBRE’s Q2 Denver Downtown Office Figures, encouraging market signals suggest that the downtown office market is slowly progressing toward recovery, as more occupiers commit to long-term leases and a slowdown in new development sets the stage for stabilizing vacancy rates. Though the total vacancy rate still rose by 90 bps quarter-over-quarter and 150

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Boutique Condos Starting at $450K Launch in Cherry Creek

The Residences At 135 Adams, a limited collection of for-sale condominium residences in the heart of Cherry Creek, today announced the availability of its first two upper-level homes. Located at 135 Adams St., The Residences At 135 Adams represents a rare and compelling opportunity for ownership in one of Denver’s most sought-after and walkable neighborhoods. 

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Koelbel Acquires First Project in Arizona

Colorado-based Koelbel and Company is continuing its national expansion with the recent purchase of the high-profile Camelback Collective office building—the company’s first property in the Phoenix metro area. Koelbel purchased the property at a steep discount for $48,250,000. In 2022, the property sold for $66.3 million and it cost about $80 million to develop. “We’ve seen firsthand how

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CHFA Announces Partnership to Help Tenants Build Credit

Colorado Housing and Finance Authority (CHFA) has partnered with Esusu, Inc.—a leading financial technology company leveraging positive rent reporting for credit building—to sponsor rent reporting services for tenants living in CHFA-supported properties. This new partnership builds on the success of the Rent Reporting for Credit Pilot Program administered by CHFA between 2021-2024. The initial pilot

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A Year of Impact: 2024 Climate Action Report

Denver’s Office of Climate Action, Sustainability and Resiliency (CASR) has published its 2024 Annual Report. It highlights progress in reducing pollution and building resilience as our city grows hotter and drier. Thanks to the Climate Protection Fund, a dedicated sales tax providing over $40 million annually, more than 60% of 2024 investments supported communities most affected

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CIG Adds 565 Units to Growing Portfolio

Consolidated Investment Group (CIG), a Denver-based leading-edge real estate investment company managing a large commercial portfolio, recently added apartment communities in the Denver and Dallas metro areas. The company now has more than 7,850 apartment units in its growing portfolio. The Denver community is Aura Colliers Hill (which will be rebranded by CIG), located in Erie, CO,

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