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103 Income-Restricted Residential Units Under Construction in Capitol Hill

Construction is officially underway on Capitol Square Apartments, a 103 income-restricted residential project one block from the Colorado State Capitol Building on the corner of 13th Ave. and Sherman St. in downtown Denver. Developed by Denver-based Mile High Development and Chicago-based Brinshore Development, and designed by KTGY, the new six-story, state and city-supported multifamily rental […]

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New Residential Offering Announced for Centerra Master-Planned Community

Avenida Partners has announced plans to develop a resort-inspired apartment community for active adults age 55 and older, at McWhinney’s Centerra master-planned community. The 180,000-square-foot building will be constructed on 6.5 acres, complementing the wide-range of residential offerings across the community. Construction for the project begins this month, and Avenida is planning for a grand opening slated for fall 2022. The

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16th Street Mall Improvement Project Moves Ahead

The Downtown Denver Partnership recently announced that the city’s plans to reimagine, reconstruct, and revitalize the 16th Street Mall from Broadway to Market Street is moving forward to final design and construction with a $149 million design/build contract with PCL Construction Services, now fully signed and executed following approval by Denver City Council. “The 16th Street

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MTech Mechanical Opens New Office to Serve Northern Colorado

Colorado’s largest Design-Build-Maintain Mechanical Contractor, MTech Mechanical, is expanding operations with a new satellite office located in Loveland, adjacent to the Northern Colorado Regional Airport. Strategically positioned in an area where MTech has been historically active, the new location will allow MTech to have a strong and visible presence in northern Colorado to allow expansion of their design-build-maintain services.

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CBRE Brokers the Sales of Two Multifamily Properties in Denver

Robert Bratley, first vice president with CBRE Capital Markets in Denver, recently arranged the sale of two small multifamily properties in Denver: the $4.15 million sale of 4300 East Eighth Avenue and the $4.03 million sale of 1015 21st Street. 4300 East Eighth Avenue The new mixed-use (primarily multifamily) property located at Eighth Avenue between Colorado Blvd. and

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Movers and Shakers Week Ending 04.09.21

Benchmark Commercial Adds High Performing Capital Markets Broker Jaimee Keene, MAI, joins the growing Benchmark Commercial Real Estate team. Jaimee brings over two decades of experience in the industry including brokerage, banking, commercial real estate valuation and appraisals, and business development. Jaimee Keene focuses on the disposition and acquisition of office, medical office, industrial and mixed-use properties throughout Denver, with

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Colorado State Land Board Selects Hospitality at Work to Manage Property Portfolio

The Colorado State Land Board has selected Denver-based Hospitality at Work,® a hospitality driven commercial property manager, to manage its thirteen building commercial portfolio, totaling 650,00 square feet and valued in excess of $130 million. The portfolio includes Class A and B multi-tenant office, flex and industrial properties located along the Colorado Front Range, including Denver, Centennial, Fort Collins,

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Food Production Facility in Denver Signs 3 New Tenants

Cushman & Wakefield has signed three new tenants at 400 W. 48th Avenue, a food production, commercial test kitchen and flex Space facility in Denver’s Globeville neighborhood. Vessel CO Operations, LLC leased 5,184 square feet of food production space, J.C. Bromac Corporation leased 10,234 square feet of commercial test kitchen space, and Milgard Manufacturing, LLC leased 10,000

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Groundbreaking: Mixed-Use Community ‘The District’

On Wednesday April 7, Brue Baukol Capital Partners‘ latest mixed-use project ‘The District’ broke ground, adjacent to RTD’s Dry Creek Station in Centennial. Spanning over 36 acres, the mixed-use development will offer 2.5 million square feet of office space, a 200-key hotel, 1,800 residential units, and more than 30,000 square feet of retail. “The District is

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Avison Young Release Q1 Denver Industrial Market Report

Avison Young’s Denver office has released its first quarter 2021 industrial market report. Driven by sustained demand in the Mile High City, industrial triple net (NNN) asking rates grew 1.65% quarter-over-quarter (Q/Q), ending the first quarter of 2021 with a market average of $8.61 NNN for direct space. Market Highlights: The average manufacturing rate rose 0.5%

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