Author name: milehighcre

Intelica Announces Acquisition of Wheelhouse Commercial

Intelica Commercial Real Estate Company, LLC announced today its acquisition of Wheelhouse Commercial, a full-service commercial property management company, headquartered in Denver, effective February 13, 2024. This strategic move marks a significant milestone in Intelica’s growth in Colorado and underscores its commitment to providing exceptional service in the commercial real estate sector. The partnership between

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Gelt Venture Partners Acquires Denver Apartments for $68.25M

Gelt Venture Partners, LLC (GVP) has acquired Allure Apartments for $68.25 million. The 252-unit apartment property is located at 1300 S. Willow Street in Denver. With this acquisition, GVP now owns and manages more than 2,500 apartment units in eight properties and 85,000 square feet of self-storage property in the Denver region.  The seller was

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Furniture Row in Lone Tree Announces Grand Reopening

Furniture Row is celebrating the grand reopening of its Furniture Row and Denver Mattress store in Lone Tree. Situated at 8375 Park Meadows Dr., this beloved furniture store has undergone extensive renovations and is now primed to provide the Lone Tree community with a new and improved shopping experience. “We’re delighted to invite customers back to our revamped

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United Properties Sells Trade@2534 Industrial Development

A Class A industrial building currently leased to a diverse tenant roster, including PODS Moving and Storage and Kroger, has changed hands. United Properties has announced the sale of Trade@2534, a Class A industrial development located at 4201 Ronald Reagan Blvd. in Johnstown, Colorado, to California-based Nearon Enterprises, LLC. The terms of the deal were

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Plans Unveiled for Union Printers Site in Colorado Springs

Union Printers Home (UPH) Partners and Sasaki have revealed their plan for Printers Hill, a mixed-use development on the 26-acre site of the historic Union Printers Home in Colorado Springs. A series of new buildings, landscapes, and streetscapes are designed around the project’s renovated Castle structure, weaving a new walkable neighborhood together with the surrounding urban

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Hispanic Contractors of Colorado Appoints First CEO and President

The Hispanic Contractors of Colorado (HCC) is proud to announce the appointment of Alejandra “Ale” Spray as the organization’s first chief executive officer (CEO) and president. Spray has been an active HCC member for over 20 years, demonstrating her unwavering dedication through numerous volunteer and leadership roles. Her contributions to the HCC span from volunteering as a

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Winter Park Resort Opens Workforce Housing to First Residents

Residents of Winter Park Resort’s much-anticipated workforce housing complex, Conifer Commons, have started to move in. They are the first employees to live in this 330-unit housing project, hailed by industry professionals and community leaders as “a national model for other ski resorts. Conifer Commons is a joint effort between Winter Park Resort, Alterra Mountain

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Revesco Proposes Office to Apartment Conversion in Downtown Denver

On February 2, Denver-based Revesco Properties and Davis Partnership Architects submitted concept plans to the city to convert a 16-story office building at 475 17th St. into affordable and market-rate multifamily units.  The existing building is 16 stories and will account for roughly 210 units. According to plans, the project will include studios, one-bedroom, two-bedroom and

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Recovery Works Secures Former Motel in Lakewood

IMPACT Commercial Real Estate has announced the recent sale of a former motel that will now serve as the future home for a nonprofit organization, Recovery Works. This was not only a significant milestone for the community but a testament that commercial properties can transform into something that will make a positive impact on the

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2-Property Apartment Portfolio Sells for $132.5M

A multifamily portfolio comprising two properties and 434 apartments in metro Denver has been sold to affiliates of Harbor Group International (“HGI”) for $132.5 million, according to CBRE. The sale included The Prospector Modern Apartments at 3360 Esker Circle in Castle Rock and Ladora Modern Apartments at 18590 E. 61st Avenue in Denver. Terrance Hunt,

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