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Movers and Shakers Week Ending 01.26.24

Leave a Comment / Movers and Shakers /

Saunders Construction Announces Leadership Changes Saunders Construction has grown its leadership capacity with the recent promotions of several tenured leaders. Ryan Balakas, a 17-year veteran at Saunders, has been promoted to vice president and general manager for Saunders Commerical Construction, LLC. Balakas served as vice president since 2015, growing the Express business unit, starting Saunders Norwood

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OLC and FCI Constructors Complete State-of-the-Art Youth Community Arena in Larimer County

Leave a Comment / Architecture, Construction, Design, Development /

OLC Architecture, Interiors, and Aquatics, K/O Architects, Lynn Long Planning and Design, and FCI Constructors are pleased to announce the completion of the 4-H, Youth and Community Arena at The Ranch Events Complex in Larimer County. This state-of-the-art facility serves as an indoor practice and show arena, catering to the Larimer County 4-H and the

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Phase One of Elevation25 Industrial Development Reaches Full Occupancy

Leave a Comment / Construction, Development, Industrial /

According to Avison Young, Phase I of Elevation25, a two-building, 203,742-square-foot Class A industrial development situated on 12 acres in Mead, Colo., is now fully leased. Leanin’ Tree, an independent greeting card company, signed a 10-year, full-building lease totaling 109,676 square feet at 4460 Elevation Drive, and Renee’s Garden Seeds, a vegetable, flower and herb

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Bow River Capital Signs Lease at 2nd & Adams in Cherry Creek

Leave a Comment / Architecture, Construction, Development, Office, Retail /

Bow River Capital, a Denver-based private alternative asset manager, has signed a lease for 30,000 square feet at Magnetic Capital’s new 2nd & Adams office building in Cherry Creek North, which will serve as the company’s new headquarters. Construction of the 100,000-square-foot mixed-use office development will begin in April 2024 with delivery scheduled for the third

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Build-To-Rent Developer Acquires 7-acre Parcel in Adams County

Leave a Comment / Construction, Development, Land Sales, Rent /

The True Life Companies (TTLC) recently sold its Clear Creek Valley project, a seven-acre parcel located in Adams County, to Core Spaces, an innovative real estate firm specializing in purpose-built, build-to-rent homes with offices in Chicago and Austin. The property is approved for the construction of 116 duplex-style, residential homes for rent — a growing model

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Rose on Colfax Celebrates Grand Opening

1 Comment / Affordable Housing, Construction, Development, Education, Multifamily /

Today, Jan.24, Mercy Housing, Inc., a leading national affordable housing nonprofit headquartered in Denver, Mile High United Way, and Mile High Early Learning celebrated the grand opening of the Rose on Colfax, an affordable housing community with a co-located childcare center on the corner of East Colfax and Valentia Street in the East Colfax neighborhood. Named after

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Stockbridge Capital Sells 1.7MSF National Light Industrial Portfolio

Leave a Comment / Brokerage, Development, Industrial /

Cushman & Wakefield’s National Industrial Advisory Group (“IAG”) has advised Stockbridge Capital Group in the disposition of an approximately 1.7-million-square-foot (SF) multimarket light industrial portfolio known as Project RedHawk. The portfolio was sold in four separate transactions to two different buyers between December 2023 and January 2024 and comprises four sub-portfolios totaling 49 buildings well-located

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Governor Jared Polis Joins Commerce City to Celebrate the Groundbreaking of South Platte Crossing

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

A significant milestone for affordable housing was marked today, January 23, with the groundbreaking of South Platte Crossing, distinguished by the presence of Governor Jared Polis. The event underscored the importance of the collaborative effort required to meet the community’s housing needs. Brinshore Development, LLC, Eric Nesbitt of Nesbitt Commercial Group, Alliance Construction Solutions, Carvell

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Commercial Real Estate Outlook for 2024

Leave a Comment / Construction, Development, Feature, Finance, Industrial, Multifamily, Office /

By Jerrold L. Bregman As we reflect on 2023 and look ahead to 2024, it is evident that the Denver commercial real estate market, like the rest of the country, has not been immune to the broader economic challenges. Factors such as the highest interest rates in decades, a pandemic causing workers and companies to

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Q4 Reports for Metro Denver Retail and Downtown and Southeast Office

Leave a Comment / Construction, Development, Office, Reports, Retail /

CBRE research has published three Q4 reports covering metro Denver retail and southeast and downtown office. Strong market fundamentals persist for the Denver retail market as Q4 boasts low availability. Downtown Denver’s total office vacancy stayed flat while availability increased at the end of 2023. In the southeast Denver market, office rents held firm despite

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