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Mixed-Use Multifamily Community NOVEL RiNo to Break Ground

A new mixed-use multifamily community in Denver’s RiNo Art District will break ground later this month. Located at 1300 40th Street, NOVEL RiNo by Crescent Communities will include 483 luxury residences and 15,800 square feet of retail space, with a percentage of the residences designated for affordable housing. “We look forward to beginning our work on […]

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Broomfield Industrial/Flex Property Sells for $11M

Boulder-based Tepuy Properties, a real estate syndicate and property manager, recently acquired a 68,400-square-foot property at Broomfield’s Interlocken Business Park for $11 million, marking its largest acquisition to date. Tepuy acquired the three flex/industrial buildings, located at 100 Technology Drive, from Real Capital Solutions Inc. Tepuy also owns a similar single-story, 65,000-square-foot flex building at 295 Interlocken Blvd. The three

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Nexus Commercial Realty Team Up with Capstone Companies

Nexus Commercial Realty, a Denver-based commercial multi-family investment sales firm, is joining forces with Charlotte, NC-based Capstone Companies, the country’s largest privately owned multi-family investment sales brokerage. Founded in 2017 by Adam Riddle and Jason Koch, Nexus specializes in multi-housing investment sales brokerage and advisory services for existing assets and development site owners across the

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Reaping the Benefits of Diversity in Lighting Design

By Sarah Erickson, principal, partner, LS Group This past year has come with tremendous change. From the Denver market to the global stage, there have been countless opportunities within the commercial real estate industry to show our resilience and ingenuity. With a bit of light at the end of the tunnel and the benefit of hindsight, now

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Steak Frite Restaurant Seeks Space in Denver

Medium Rare Restaurant Group, an award-winning Washington, D.C.-based hotspot for steak frite lovers, is actively searching for restaurant space in affluent, high-density residential neighborhoods in Denver, as part of a national expansion to more than 26 new cities. The 2,700-3,000-square-foot location should be in an existing restaurant space (conversion), which requires little time and less build-out costs

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Second Office Building at Kiewit’s Regional HQ Tops Out

Kiewit, one of the largest construction and engineering organizations in North America, continues to see progress on the build out of its new regional headquarters in Lone Tree as a second, four-story, 142,000-square-foot office building topped out last month. Kiewit broke ground on phase two of the project in April, following the topping off of

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Boulder Crossroads Multifamily Community in Denver Sells for $55.5M

Denver-based Summit Communities has purchased Boulder Crossroads Apartments, located at 7500 Dakin Street in Denver, for $55.5 million and plans to execute a strategic value-add renovation program at the property. The 322-unit apartment community, built in 1970, is situated along Highway 36 in the northwest submarket of Denver. This location is uniquely desirable to residents seeking proximity to

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Local Plumbing Company Purchase Space at CTC

Avison Young announced that local plumbing company Jim Needham Plumbing will occupy a 3,256-square-foot office/flex condo at Colorado Technology Center (CTC) in Louisville. Jaimee Keene of Avison Young’s Capital Markets Group in Denver represented the buyer, Denver Cherry Holdings LLC, that purchased the property for $200 per square foot. “Jim Needham Plumbing is a great fit for CTC in

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Transit Oriented Multifamily Community Sells to National Real Estate Firm

The Praedium Group, a New York-based national real estate investment firm, has acquired the newly constructed Gateway Arvada Ridge multifamily community in Arvada, for an undisclosed price. “The Denver market continues to outpace the country in terms of job and population growth, even throughout the current health crisis,” noted Lindsay Schuckman, vice president of The Praedium Group. “With

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Pinkard Completes Preconstruction of Denver Affordable Housing Complex

Pinkard Construction and Shopworks Architecture have completed preconstruction services on Denver Housing Authority’s (DHA) $42 million Thrive affordable housing complex, a ground-up, 7-story, mixed-income development in Denver’s Sun Valley neighborhood. The development will include a mix of two-story townhomes and 135 multifamily units. “Working with Mark, Corey and the rest of the preconstrucion team at Pinkard was a great experience – their knowledge

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