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Three Building Industrial Portfolio in Colorado Springs Sells for $6.8M

Leave a Comment / Brokerage, Industrial, Office /

Executive Circle Industrial Investment Portfolio in Colorado Springs has sold for $6,850,000. The sale of the three buildings totaling 73,846 square feet closed on March 30 with David Marulli and Nick Nickerson of Trevey Commercial representing the buyer, H Dean Properties, and Aaron Horn with Cushman & Wakefield representing the seller, T Lowell & Sons. The sale is one of […]

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Multifamily Property in Arvada Sells to California Investment Firm

Leave a Comment / Brokerage, Multifamily, Renovation /

Orion Real Estate Partners, a Los Angeles-based multifamily investment firm, has purchased 52nd Marketplace, a five-building, 157-unit multifamily community in Arvada. Scott Peterson, Bill Chiles and Brian Cruz of CBRE’s debt and structured finance team in San Diego arranged a $22.1 million loan for the purchase of  loan on behalf of the new owner of

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Colorado Springs Boasts Biggest Industrial Project in 2021

Leave a Comment / Development, Industrial, Retail /

According to a CommercialSearch 2021 Industrial Pipeline Report, 1,040 new industrial properties, totaling 342 million square feet, are scheduled for completion during 2021 across the U.S. — a 24 percent increase over last year’s numbers in terms of square footage. Amazon is expected to occupy eight out of this year’s 10 biggest completions, the largest of which

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103 Income-Restricted Residential Units Under Construction in Capitol Hill

Leave a Comment / Affordable Housing, Architecture, Construction, Development, Multifamily, Transit /

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

Leave a Comment / Construction, Development, Senior Housing /

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

Leave a Comment / Construction, Design, Development /

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

Leave a Comment / Engineering, Office /

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

Leave a Comment / Brokerage, Investment, Multifamily, Office /

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

Leave a Comment / Movers and Shakers /

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

Leave a Comment / Development, Industrial, Office, Property Management /

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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