Author name: milehighcre

How to Assess a Commercial Solar Proposal

By Rachel Mountain You’ve researched solar and found that it can be a great financial investment for commercial property owners. Of course, you now want to know how solar could benefit your specific property, so the next step is requesting a proposal from a reputable company. Every solar proposal comes with a different design, assumptions, and financial model. […]

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High Interest Rates and a Recession Will Make 2023 Challenging for CRE

According to CBRE’s 2023 United States Real Estate Outlook, high interest rates and a recession will make 2023 a challenging year for commercial real estate. Though inflation eased in late 2022, it was still running at more than 7%. The Fed will continue raising rates until it sees a marked reduction in inflation nearer to

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Laws Whiskey House to Expand its Tasting Room

Laws Whiskey House, a Denver-based whiskey distillery, has partnered with BOSS.architecture and FLUX Partner Group on the expansion of its tasting room located in the South Broadway neighborhood at 1420 South Acoma Street. The project will add approximately 3000 square feet, according to Westword. Read the full story here.

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The Largest U.S. Coworking Operators of 2022 Announced

Remote and hybrid working models, coupled with the rise in the share of freelance workers, fueled demand for coworking space in 2022. And coworking operators have continued to innovate in an effort to keep up with the rapidly changing landscape of the up-and-coming market segment. With the new year just around the corner, researchers at

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Denver International Airport Celebrates 2022 Milestones

The year flew by, and Denver International Airport (DEN) is ready for takeoff in 2023. DEN is looking back on a year marked by accomplishments, milestones and opportunities. Among the most notable (in no particular order): Full Recovery of DEN’s Air Service Network DEN’s air service network recovered to near pre-pandemic levels as new gate

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Studio NYL Opens Office in Colorado Springs

Studio NYL, a leading Denver-based structural engineering and façade design firm, recently opened its third Colorado office at 532 North Tejon Colorado Springs. “Studio NYL has been working on projects and collaborating with architects in Colorado Springs since our first year in business. We recognized that being physically closer to our clients not only enhances

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Denver-Based Butcher Shop to Open Second Location at CSU Spur

Western Daughters Butcher Shoppe, a whole animal butcher shop specializing in 100 percent grass-fed and grass-finished beef, as well as lamb and pasture-raised pork and chicken, announced it will maintain its shop in LoHi and launch a second location in North Denver – Western Daughters Kitchen, within CSU Spur’s new Hydro building when it opens

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Garden-Style Apartment Community in Colorado Springs Provides Impressive ROI

Following the purchase and renovation of a 288-unit, garden-style apartment community in Colorado Springs, Texas-based Lynd Acquisitions Group (LAG) has sold the property for $67.5 million, surpassing investment goals three years sooner than anticipated. Lynd bought the Village at Lionstone in December 2020, at the height of the pandemic, for $46.750 million, and spent another

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Grange Hall Sells to Leading Adult Nightclub Operator

Houston-based RCI Hospitality Holdings, Inc. purchased Troy Guard’s Grange Hall, located at 6575 Greenwood Plaza Blvd. on Dec. 19, as part of RCI’s expansion in the greater Denver area. RCI paid $5.2 million, consisting of $1.875 million in cash and a 5-year, 6.67% bank financing note with a 25-year amortization, according to a RCI press release. With more

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