Author name: milehighcre

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7 Facts: How Federal Interest Rate Increases Affect CRE Multifamily, GoDocs Infographic

GoDocs, the automation leader in commercial loan document generation, released its 7 Facts: How Federal Interest Rate Increases Affect CRE Multifamily Infographic, which provides a visual guide to quickly understand how changing interest rates may or may not affect the commercial multifamily housing lending landscape. The easily digestible infographic not only provides more context for the CRE […]

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A rendering of Meyers Pool, courtesy of OLC.

OLC Design Selected to Lead Future of Meyers Pool Project

The City of Arvada, Apex Park and Recreation District and Jeffco Public Schools have selected OLC as the architecture and interior design firm to lead the George J. Meyers Swimming Center project located at 7900 Carr St. in Arvada. Meyers Pool is a unique 50-meter aquatics facility that hosts a wide variety of users from recreational swimmers

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Suntec Concrete denver Colorado

Suntec Concrete Completes Project Milestone at 3000 Huron

Phoenix, Arizona-based Suntec Concrete, the largest commercial concrete construction company in the Southwest, recently completed a significant project milestone at one of downtown Denver’s tallest luxury apartment projects, currently under construction in the Union Station neighborhood. 3000 Huron, a 354,000-square-foot, 14-story project will include 300 residential units over 229 structured parking spaces. At 150 feet,

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McCauley Constructors to Break Ground on Concrete Manufacturing Facility in Elbert County

On Wednesday, August 24, McCauley Constructors, one of the Mountain West’s leading proven and professional design/build commercial contractors, will break ground on BURNCO’s new Kiowa Batch Plant facility at Prairie View Industrial Park in Elbert County. BURNCO Colorado is well known for manufacturing high-quality aggregate, asphalt and ready-mix concrete. The Kiowa Batch plant sits within a rural community

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409 66th

Rare 27-Acre Industrial Land Asset in Central Denver Sells for $19M

New York-based IG Logistics LLC and Meadow Partners, an institutional middle-market real estate investor, have acquired a ±26.7-acre industrial storage yard/trailer site in central Denver for $19 million. Located at 409 West 66th Avenue, the vacant property is zoned for outside storage and includes a 10,000-square-foot freestanding industrial building with ±6,500 sf of office space,

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Movers and Shakers Week Ending 08.19.22

Norris Design Promotes Team Member in Denver Norris Design, a national planning, landscape architecture and branding firm, has announced the promotion of Chris Rink, PLA, LEED® AP to Associate in their Denver office. Chris is a registered landscape architect with nearly 25 years of experience in high-end and residential design-build projects. Majorly focused on construction administration, Chris executes keen

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Coworking Rebounds as Alternative to Traditional Leases [CommercialEdge Report]

CommercialEdge just released its August office report analyzing the US office market’s performance through July 2022. At the beginning of the pandemic, many thought coworking will be the least resilient asset class. But, as treatment and prevention options have become more effective, shared spaces are bridging the gap between office use and work-from-home setups as

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Aurora Apartment Community in Prime Location Fetches $34.4M

The Fitz on 14th, a 176-unit multifamily property located in Aurora, has traded for $34.4 million, or $195,455 per unit, according to Marcus & Millichap (NYSE: MMI). “The Fitz on 14th’s premier location was a driving force behind a highly competitive sales process,” said Jason Hornik, first vice president of investments in Marcus & Millichap’s

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CBRE Releases Mid-Year Reports for Colorado Springs

CBRE has released its Mid-Year 2022 Reports for the Colorado Springs market. The retail market posted record-high sales volume through the first half of 2022, while industrial activity remained strong and office absorption was robust. Industrial Highlights Nearly 333,000 sq. ft. of positive net absorption was recorded in the first half of the year, a large increase from

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Brinkman Real Estate Sells Denver Multifamily Community for $24.65M

Real estate investment company, Brinkman Real Estate, sold Denver multifamily community, Windom Peak Apartments, last week for $24.65 million, or $262,234 per unit. The company purchased the property in 2019 for $20.6 million.  Windom Peak is a Class B/C workforce housing property located in Metro Denver built in 1964 with 94 units. The property design

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