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Sale of Denver-Area Portfolio Demonstrates Demand for 1031 Exchanges

A three-property portfolio located in Westminster, Wheat Ridge and Commerce City, has sold for a total of $3,115,000 to separate buyers. 7030 Stuart St. in Westminster sold for $1,900,000; 7101 E 60th Way in Commerce City sold for $1,530,000; and 3715 Pierce in Wheat Ridge sold for $1,685,000. Boomer Beatty and Peter Standley, both investment […]

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Nine Newmark Multifamily Investment Brokers Move to CBRE

CBRE announced today that Colorado’s market-leading multifamily investment sales team is joining the firm’s Denver and Colorado Springs offices. The team of nine—with nearly 150 years of combined multifamily real estate experience—joins CBRE from Newmark. Terrance Hunt, Shane Ozment, and Chris Cowan join CBRE Capital Markets as vice chairmen, along with Justin Hunt, Andy Hellman, Spencer

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Aging Critical Systems Replaced at Denver’s Granite Tower

Transwestern Real Estate Services (TRS), KBS and Haynes Mechanical Systems, Inc recently completed a highly technical project to update aging essential equipment located on the roof of Granite Tower, one of the most iconic office properties in downtown Denver. The 31-story, 593,527-square-foot Class A office property located at 1099 18th Street in Denver received new cooling systems. The 40-year-old cooling

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Denver to Adopt New 2021 Building and Fire Code

The City and County of Denver is adopting a new building and fire code, which will incorporate the 2021 series of international codes, as well as advance the voluntary 2019 Denver Green Code. The city will consider amendments to the 2021 international codes to ensure they work for Denver’s specific climate and context. It will

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Creatively Supporting Communities with GE Johnson

By Courtney Alexander It is extremely important to GE Johnson employees to give back to the communities where they live and work, and their ingenuity has shown itself with the creative ways they continue to support the community during the restrictions of the pandemic. Last December when GE Johnson and HBA Cares partnered up with the Downtown Partnership

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Construction Update: Market Station

Denver-based Continuum Partners is nearing the completion of its $200 million Market Station project in downtown Denver. The Flats and Fourteen45 Residences are now open, as well as the for-lease office. The retail space, which is anticipated to be occupied this summer, will include established national brands, emerging concepts and a small number of restaurants. Punch list

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Pueblo Hotel Sells for $8.1M

Madison Commercial Properties recently announced the sale of the Wingate by Wyndham Hotel, a midscale franchise hotel located at 4711 N. Elizabeth Street in Pueblo. Constructed in 1997, the 84 unit hotel sold for $8.1 million. The property has been well maintained and requires only minor renovation expenses. Alex Kovacs represented the seller in the transaction. The buyer is a

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Historical Building Occupied by Harmony School Sells in Fort Collins

A 16,459-square-foot historic building in Fort Collins, occupied by Harmony School Christian Early Childhood Center, has sold to The Town Church of Fort Collins. Located at 2112 E. Harmony Road, the two-building, two-story property sits on 1.55 acres at the corner of Harmony and Timberline roads, the highest traffic volume intersection in Fort Collins. The

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New Industrial Building Breaks Ground at McWhinney’s Baseline

McWhinney has broken ground on its second flex industrial spec building at Baseline, a 1,100-acre master planned community in Broomfield. The new 152,761-square-foot industrial spec building will be located immediately east of McWhinney’s first Baseline flex industrial building near the intersection of Sheridan Blvd. and 160th Ave. The industrial project is planned to include 28-foot

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Building Denver: Visions of the Capital City Begins May 29

The heart of downtown Denver will soon showcase a summer of local history through exhibitions, programs, and events at the History Colorado Center. Building Denver: Visions of the Capital City, a fascinating exhibition of architecture, ambition, activism, and urban planning, opens Saturday, May 29, at History Colorado’s safe and spacious museum on the corner of 12th Avenue

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