Author name: milehighcre

Lake Steam Baths

58-Key Hotel Proposed for Denver’s Lake Steam Baths

Boom Car Wash LLC, the new owners of the Lake Steam Baths, a bathhouse and spa facility located at 3540 W. Colfax Ave. in Denver, has submitted a proposal to the city to build a five-story, 58-key boutique hotel called The Lake Hotel, with underground parking and a spa. Denver-based Real Architecture is the designer […]

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Best Interstate Inn Wheat Ridge Sells for $5.5M

The Best Interstate Inn, a budget-friendly, 100-room hospitality property located in Wheat Ridge, has sold for $5.5 million. According to Marcus & Millichap, the two-building, 40,928-square-foot offering is situated across 3.07 acres and provides the buyers with a multifamily conversion opportunity. Christy McDougall, associate, in Marcus & Millichap’s Denver office, had the exclusive listing to

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self storage

Denver’s Self Storage Market Saw Busiest Year on Record in 2022

One sector of Denver’s commercial real estate had a busy year in 2022 as spending on self storage space surged to $100 million. That’s according to StorageCafe’s most recent industry sales report which examines the state of the sales market and seeks to identify the top self storage markets based on investment volume in 2022. Denver’s

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Movers and Shakers Week Ending 05.19.23

McWhinney Names Keith Hurand Executive Vice President of Master-Planned Communities  McWhinney, a national real estate investment, development and management firm with expertise in commercial, multifamily, hospitality, residential and mixed-use assets, has expanded its leadership team to include Keith Hurand as executive vice president of its master-planned communities business line.  In this role, Hurand will lead

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RMH Group a Winner of the Top Workplaces 2023 Award

The RMH Group has been awarded a Top Workplaces 2023 honor by The Denver Post. The list is based solely on employee feedback gathered through a third-party survey administered by employee engagement technology partner Energage, LLC. The confidential survey uniquely measures 15 culture drivers that are critical to the success of any organization: including alignment,

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Colorado Voters will Consider Tax Reductions on their November Ballot

The November ballot will feature broad-based property tax reduction proposals thanks to Colorado legislators. The referred measure, Proposition HH, also includes an expansion of Colorado’s Senior Property Tax Homestead Exemption, which will allow residents to downsize and keep their exemptions, as well as funds for rental assistance programs. As Colorado leaders continue to address housing

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property managers

DCPS Launches Helpful Tips Video Series for Property Managers

Denver Commercial Property Services has spent over a decade servicing the Colorado CRE community. Over the years, the organization received questions about property service tips. From the pandemic to the current economic state, DCPS continues to receive inquiries from property managers and owners alike. The organization sought this as an opportunity to proactively provide its

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Larimer St.

EDENS Opens The Bird Lot at 2532 Larimer St.

EDENS, a leading national retail real estate owner, operator and developer, recently launched The Bird Lot, a temporary activation at 2532 Larimer St. featuring clothing boutiques, artisanal food trucks and other pop-up retailers, adding another vibrant shopping and dining destination to Denver’s RiNo Art District. The Bird Lot will host a series of events and programs throughout the summer,

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Schnitzer West to Develop Research and Development Campus in Boulder

Schnitzer West, one of the Seattle and Denver area’s leading real estate investment, development and property management companies, has acquired a parcel of land located at 5675 Arapahoe Ave. In partnership with Brue Baukol Capital Partners, an entrepreneurial real estate investment firm, Schnitzer West purchased the Boulder property with plans to develop a two-building research

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Pearl Street

Unico Properties Donates Pearl Street Retail Space to Pop-Up Artists

As part of their revitalization of Boulder’s Pearl Street East end initiative, Unico Properties LLC recently announced the donation of a 5,743-square-foot ground floor retail space at 1421 Pearl Street that will serve as a pop-up artist space through the end of May. madelife, the launchpad for artists and entrepreneurs founded on mentorship and collaboration and

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