Author name: milehighcre

DryBox USA Ground Leases ±4.13 Acres of Industrial Storage Land in Central Denver

Cushman & Wakefield announced that 409 West 66th Avenue, a ±26.7-acre industrial storage yard/trailer site in Central Denver, has completed a long-term ground lease for ±4.13 acres to DryBox USA, a Denver-based shipping and storage container supplier. The property is owned by the joint venture of New York-based IG Logistics LLC, Imperium Capital’s industrial platform, an owner/operator of […]

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Workforce Housing Community Breaks Ground in the Vail Valley

Following several failed attempts by other developers to produce a feasible plan for attainable workforce housing in the Vail Valley, Peritus Ventures has broken ground on Siena Lake, a nearly 600-unit project comprising detached single-family homes as well as multi-level townhomes. With 25 years of experience designing both single- and multifamily housing for a wide range of income

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Cushman & Wakefield: Five Fast Facts for Office & Industrial Markets in Denver

Cushman & Wakefield MarketBeat reports analyze quarterly economic and commercial real estate activity including supply, demand and pricing trends at the market and submarket levels. Here are the Q2 market fast facts for Denver office and industrial: Office The Denver metro office net absorption continues to trend negative with downsizing and tenant move-outs, however, asking rents remain

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Movers and Shakers Week Ending 08.18.23

McWhinney Names New Vice President of Marketing and Communications 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 by naming Adrienne De Vore vice president of marketing and communications. In her new role, De Vore will lead the marketing and communications team by providing strategic direction and leadership for

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Repurposing Tech Real Estate In Colorado

By Barry DiRaimondo, SteelWave LLC cofounder, CEO & chairman, and Peter Llorente, Steelwave senior managing director of acquisitions and development According to the Computing Technology Industry Association, tech employment in Colorado increased by over 10,000 net new jobs in 2022 and is expected to grow by nearly 9,000 net new tech jobs in 2023 – the highest total nationally. The

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Portfolio of Industrial Buildings in Park Hill Sells for $7.5M

Kenai Capital Advisors represented Rayfield Properties LLC in the sale of a portfolio of industrial buildings in Denver. The portfolio was comprised of 4701 Colorado Boulevard, a 27,300-square-foot industrial building on 2.18 acres, and 6500 Franklin Street, a 20,000-square-foot industrial building on 2.14 acres and sold for $7,530,000. This unique, well-maintained, and highly visible industrial portfolio

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Study Identifies 21 Downtown Denver Office Buildings as Good Candidates for Conversion

On August 16, The City and County of Denver released a study evaluating the compatibility of underutilized office buildings for potential conversion to residential uses. This kind of conversion, also known as adaptive reuse, allows for an existing building to be modified for a new use or purpose. The study, which was funded by the American Rescue Plan

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The Oxford Hotel Celebrating Dana Crawford with New ‘Saving the Soul of Denver’ Display Window

Denver’s iconic Oxford Hotel is celebrating renowned urban preservationist Dana Crawford with a new “Saving the Soul of Denver” window. On display in LoDo facing 17th Street until mid-September, the window pays homage to Crawford, who became an investor in The Oxford in 1980 and helped oversee a major renovation that brought the historic hotel back to its original

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Tree Farm Lofts Now Leasing in the Roaring Fork Valley

Dallas-based Realty Capital Residential and Lang Partners have commenced leasing at Tree Farm Lofts, the newest multifamily development in the Roaring Fork Valley. The Tree Farm Lofts multifamily community is located across Highway 82 from Willits Town Center at the Tree Farm. The first move-ins will begin in September and the entire project is scheduled to be completed in

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Navigating Energize Denver Requirements: Property Managers, Are You Ready?

By David Myers, LEED AP O+M, vice president of operations at Corum Real Estate Group My first venture into the world of sustainability happened almost 10 years ago when I was working for Cushman & Wakefield out of California. At that time, new LEED buildings had started popping up more and more frequently and the concept

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