Author name: milehighcre

Sherman & Howard Expands Office Lease at Block 162

Only 15 months after their initial occupancy at Block 162, the office tower’s first major tenant Denver-based law firm Sherman & Howard L.L.C. has expanded their current lease of nearly 60,000 square feet by more than 20 percent to include an additional 12,049 square feet.   Located at 675 15th Street, between Welton and California Streets in downtown’s Central Business District, Block 162 […]

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Verdad Real Estate Trades Net Leased Starbucks & Shake Shack Properties in Greenwood Village

Dallas-based Verdad Real Estate Development & Construction Services has sold its drive-thru Starbucks and Shake Shack properties located at 7979-7999 East Arapahoe Road in Greenwood Village. The properties traded in individual transactions to separate buyers. Starbucks sold for $3,012,950 at a 4.07% cap rate while the neighboring Shake Shack property sold for $5,943,000 at a 4.3%

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HNTB’s Denver Office Continues Growth with New Project Wins and Hires

HNTB Corporation, an employee-owned infrastructure firm serving public and private owners and contractors, continues to experience significant growth in its Denver office after winning several new projects with the Colorado Department of Transportation, Denver International Airport, the City and County of Denver, and other clients in the West Region. To support these and future projects,

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NCCER Asks Women: What’s It Like to Work in Construction and What Needs To Change?

In anticipation of Women in Construction Week, the National Center for Construction Education & Research (NCCER) conducted interviews with 176 tradeswomen and analyzed 770 responses to a survey directed to women in the industry. The results have been compiled into a white paper, In Her Own Words: Improving Project Outcomes, which will assist employers with

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Denver Property Among Top 50 U.S. Industrial Asset Sales in 2022

As the industrial real estate sector is still going strong, investment giants continue to scoop up the best-in-class industrial real estate assets in select locations across the United States. With that in mind, using CommercialEdge market research data, CommercialSearch set out to identify the Top 50 U.S. Industrial Property Sales of 2022 in terms of yearly sales volumes

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The Bascom Group Acquires Age-Restricted Apartment Community in Lakewood

Avenida Lakewood, a 230-unit, active aduly community that is restricted to residents age 55 or older, has sold to private equity firm The Bascom Group for an undisclosed price. Llocated at 11001 West 15th Place, Avenida Lakewood, designed by architecture firm KTGY, opened on July 4, 2019. The community features spacious one-and two-bedroom units with stainless steel

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Real Estate investment Firm BH3 Management Launches Growth Equity Strategy

BH3 Management, a vertically integrated real estate investment manager, operator and developer with offices in Denver, Fort Lauderdale and New York, has expanded into growth private equity. BH3 Growth Equity will provide capital to operating businesses within the real estate, construction and adjacent sectors and add value through BH3’s extensive industry experience, relationships, capital markets knowledge

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Movers and Shakers Week Ending 03.03.23

Suter Media Relations Marks 30 Years in Business Suter Media Relations, a Denver-based media relations firm specializing in generating publicity for real estate companies and professional businesses, marks 30 years in business this year. The firm was started in 1993 by Paul Suter, a Denver native who grew up in Park Hill, attended Manual High School (class of 1984),

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Broe Real Estate Group Wins NAIOP Industrial Development of the Year

Broe Real Estate Group (BREG) has won NAIOP’s 2022 Industrial Development of the Year. NAIOP selected Broe Real Estate Group’s 386,000-square-foot build-to-suit project for The Home Depot for its best-in-class design, operational excellence, and innovative transportation solution. At the heart of the facility’s efficiency is a custom-designed freight rail service solution provided by the Great Western Railway

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Solar Market Update: What’s it to Me?

By Rachel Mountain Commercial Solar in the Denver Metro Area The opportunity to earn a compelling return on investment by installing solar on your commercial property has improved with supportive policies like the Inflation Reduction Act (IRA). The IRA increased the federal investment tax credit back up to 30%, and when combined with corporate tax rules that allow

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