Author name: milehighcre

Colorado to Avert Recession, says CSU Economic Forecast

The latest ColoradoCast, with a forecast through October 2023, shows the Colorado economy continuing to avert recession. In 16 the months of March and April, the actual economic growth exceeded the ColoradoCast and the forecast for the subsequentmonths is for largely positive, albeit weak, growth in the state’s economy. The latest model projects only one month

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3-Property Multifamily Portfolio on East Colfax Sells for $4M

The East Colfax Portfolio, a 26,662-square-foot, 36-unit, three-property multifamily portfolio, has sold for $4 million. Adam Riddle, Benton Adams and Austin Smith of Capstone brokered the transaction. The buyer, VareCo, was awarded these properties due to its strong Denver track record, ability to navigate the capital markets, and aggressively structured offer terms. VareCo plans to initiate a heavy

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Clark Hill Moves Denver Location to Expand Cannabis Practice

Law firm Clark Hill has moved its Denver office to a new location in the Lower Downtown district near Union Station. With the move, Clark Hill is doubling its square footage in Denver from 6,000 square feet to just over 12,000. The expansion reflects the success of Clark Hill’s Cannabis Industry Group and the firm’s

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WCG Celebrates Groundbreaking for Flatirons Golf Course Restaurant and Event Lawn

On Wednesday, June 14, White Construction Group (WCG) officially broke ground on the highly anticipated Flatirons Golf Course restaurant and event lawn. The ceremony was attended by project partners including Boulder City Manager Nuria Rivera-Vandermyde, members of the Boulder City Council, Parks and Recreation Director Ali Rhodes, Director of Golf Tom Buzbee, members of the

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CCIG Propels Talent and Culture with Continued Team Expansion and Community Focus

Denver-based CCIG, a leader in risk management and insurance solutions for business and individual clients nationwide, has added more than 40 new professionals to its ranks, deepening its focus on talent growth and culture development, which has contributed heavily to the company’s double-digit growth. For the past two years, many independent insurance brokerages have been

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dental medicine

Howell Construction Completes CU Anschutz School of Dental Medicine Simulation Hub

Howell Construction recently completed reconfiguring an existing space into the new home for the CU Anschutz School of Dental Medicine Simulation Hub. Existing conference rooms, classrooms, and open floor plan were removed to make way for the new simulation space. Once demolition was finished, eight dental simulation pods with a total of 42 dental workstations

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CordenPharma

New Supply Helping to Alleviate Historical Supply-Demand Imbalance in Boulder’s Life Sciences Sector

CordenPharma has leased the entirety of a recently renovated life sciences property in Boulder. The company will occupy 61,117 square feet across both floors at 2300 55th Street. Built out for advanced technology needs with tech-enabled meeting rooms, 2300 55th Street offers high-end office space and modern laboratory space. CordenPharma will use the facility for

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Southeast Colorado Hospital District Addition and Renovation Breaks Ground

GH Phipps and the Southeast Colorado Hospital District recently celebrated the groundbreaking of a new hospital addition and renovation work. The $13.9 million project will include 4,842 square feet of newly added space and the renovation of 16,280 square feet of existing space. The architect for the project is RTA Architects. Construction will be multi-phased

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Mountain Gateway Industrial Development Reaches Full Occupancy

Medical device manufacturer ERI Group has leased 34,200 square feet at Mountain Gateway, a Class A, two-building industrial development located at 5025 and 5045 Robb Street in Arvada. The lease brings the recently constructed industrial development to full occupancy. CBRE’s Tyler Carner, Jeremy Ballenger and Jeremy Kroner represented the project’s developer in the lease, Cale

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senior housing

UDG Breaks Ground on New Affordable Senior Housing Project

Ulysses Development Group (UDG) – a Denver-based mission-driven developer and owner of affordable and workforce housing – broke ground on its first Colorado project on Tuesday, June 13 in Castle Rock. The Meadowmark will offer affordable housing options for senior residents looking to stay in or move to Douglas County at a time when housing

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