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Altus Properties Acquires 2nd & Josephine Portfolio in Cherry Creek

Leave a Comment / Brokerage, Development, Office, Retail /

Altus Properties, a real estate investment firm with over 4.3 million square feet of office, industrial, retail and multifamily properties, has acquired the 2nd & Josephine portfolio, a four-building, 105,253-square-foot mixed-use property in Cherry Creek North, from Unico Properties. Altus paid $54 million for the portfolio, according to Essex Financial Group. Essex worked on behalf of Altus to source […]

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Owner of Blake Street Tavern Submits Plans for 300 Apartments on Blake Street

Leave a Comment / Architecture, Construction, Development, Hospitality, Multifamily /

Following the announcement that downtown Denver’s beloved Blake Street Tavern will close on April 9, its landlord, Seattle-based Urban Renaissance Group is planning to add almost 300 apartments on the parking lots adjacent to the bar. That’s according to a formal site development plan recently submitted to the City and County of Denver. On behalf of

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Pinkard Construction Reflects on 60th Milestone and Looks to the Future 

Leave a Comment / Anniversaries, Construction, Development /

On March 30, 2022, Pinkard Construction celebrated its 60th year in business. Tony Burke, Pinkard’s current president, and Jim Pinkard, Pinkard’s former CEO, are reflecting on the company’s history and its future as this milestone year comes to a close.    In 1962, James W. Pinkard (known to his employees as Jay or JWP) founded his company Pinkard

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Aerospace Company Signs Lease for New Corporate HQ in Littleton

Leave a Comment / Brokerage, Industrial, Office /

Canopy Aerospace a company that produces Thermal Protection Systems for spacecraft, has signed a 19,000-square-foot lease at 18,681 at 8101 Midway Drive, in Littleton. The Midway building will serve as Canopy’s new corporate headquarters. “This building, with the modern office buildout, excellent loading, and warehouse space checked all the boxes for Canopy. The Landlord is

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Brothers Redevelopment Awarded $6K Grant from ALTA Good Deeds Foundation

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

The American Land Title Association (ALTA) Good Deeds Foundation, a registered 501(c)(3) charitable organization founded by ALTA, the national trade association of the land title insurance industry, has awarded $6,000 to Denver-based Brothers Redevelopment, Inc. Andy Mollock, regional title officer of Heritage Title Company in Denver nominated the nonprofit to receive the grant. Brothers Redevelopment Inc.

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Denver Funds Land Acquisition for 190 Affordable Apartments

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

More affordable housing is on the horizon for Denver’s La Alma-Lincoln Park neighborhood thanks to development financing provided by the Department of Housing Stability (HOST). Denver City Council today approved a $5,557,500 agreement with Shanahan Development, LLC, utilizing American Rescue Plan Act (ARPA) funds to help support the acquisition of a 1.5-acre site at 1530

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Two Newly-Renovated Multifamily Properties in Colorado Springs Sell for $74.1M

Leave a Comment / Brokerage, Multifamily, Renovation /

Two newly-renovated multifamily communities, Park at Penrose and Park at Palmer, in Colorado Springs, have sold for a combined $74.1 million. Park at Penrose with 374 units, and Park at Palmer with 112 units, are located at 3802 and 3903 Half Turn Road, situated along N. Academy Boulevard near Austin Bluffs Parkway. These adjacent properties,

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Atwell Suites Denver Airport Sells for $18.8M

Leave a Comment / Brokerage, Development, Hospitality /

JC Hospitality LLC, a California investment group, has acquired the Atwell Suites located between 64th and 65th Avenue, just west of Tower Road in Denver. The all-suites contemporary concept hotel was constructed in 2022 and has 96 units. The property was sold on March 14 for $18.8 million, which equates to $195,833 per unit. Madison Commercial Properties, LLC previously

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Cushman & Wakefield Awarded Office Leasing Assignment for Cherry Creek West

Leave a Comment / Brokerage, Development, Office /

Denver-based real estate and community developer East West Partners announced today that it has selected Cushman & Wakefield as the office leasing broker for Cherry Creek West, the mixed-use redevelopment on the 13 acres of land adjacent to Cherry Creek Shopping Center. The Cushman & Wakefield team of Nicholas Pavlakovich, Matthew Gautreau and Michael Pavlakovich will lead the office leasing

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New Classroom Breaks Ground at Colorado School of Mines

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

On March 2, GH Phipps and the Colorado School of Mines celebrated the groundbreaking of a new classroom building and parking garage. The $65 million project, designed by OZ Architecture, will include a four-story, 50,938-square-foot classroom building located at 17th and Arapahoe Streets and an attached parking structure with 935 spaces. The classroom building will be

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