Author name: milehighcre

Madison Commercial Properties Announces Medical Office Lease

Madison Commercial Properties recently executed a lease at 500 Discovery Parkway in Superior. Youthbar Medspa signed a 5-year lease for Suite 175, consisting of 1,788 square feet of medical office space, for an undisclosed amount. Jessica Smith, senior CRE advisor with Madison Commercial Properties represented Youthbar Medspa in the transaction, while Kegan McNutt, broker associate with Gibbons-White, […]

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Nonresidential Construction Costs Up 2.2% in Denver

Mortenson just released its Q2 2022 Construction Cost Index report for Denver and other major U.S. markets. The overall construction cost index across all markets increased as expected, reaching a new high. According to data from the second quarter, which ended on June 30, nonresidential construction costs were up 2.2% in Denver, a full point lower

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Movers and Shakers Week Ending 08.12.22

Adam Dembowitz joins JLL’s Valuation Advisory group JLL’s Valuation Advisory group announced today that it has hired Adam Dembowitz as a managing director in its Denver office. Dembowitz will focus on driving growth and expanding the group’s West Coast platform in Colorado and California. Dembowitz joins JLL with nearly 20 years of real estate experience

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$23M Sale of 6.31-Acre Site in DTC Underscores Demand for Multifamily Product in Metro Denver

Denver-based commercial real estate firm EverWest Real Estate Investors has sold a 6.31-acre site in the heart of the Denver Tech Center submarket, for the planned development of a new Class A, mixed-use multifamily community. At $23 million, the sale underscores the ongoing demand for metro Denver multifamily product. The land site is located at

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The Beck Group Promotes First Hispanic into Leadership Role

The Beck Group, the award-winning architecture and construction firm, has promoted Matthew Archuletta to lead its Denver office. Archuletta, who formerly held the position of project executive, is the first Hispanic-American at the international firm to assume the leadership role of regional director. Beck CEO Fred Perpall commented on Archuletta’s new position: “Matthew consistently delivers

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Pinkard Completes Spoke on Coffman Affordable Housing 

Boulder County Housing Authority (BCHA), with Pinkard Construction and RNN Architects, has completed construction on the Spoke on Coffman. A ground-up, mixed-use affordable housing complex. The $28.8 million project consists of 73 affordable housing units including 59 one-bedroom homes; 10 two-bedroom homes; and four three-bedroom homes. Additionally, there is 10,000 square feet of office space, a community

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DoubleTreeBreckenridge

MIG Real Estate Adds Doubletree Breckenridge to Growing Portfolio

MIG Real Estate LLC (MIG), a national real estate investment company headquartered in Newport Beach, Calif., has purchased the DoubleTree by Hilton Hotel Breckenridge from Vail Resorts, Inc. The DoubleTree Breckenridge, located at 550 Village Road in Breckenridge, is ideally positioned at the base of Breckenridge Resort’s Peak 9 within walking distance of the Breckenridge

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Talent and Real Estate Cost are Foremost Concerns for Tech Companies, New Cushman & Wakefield Report Finds

This week, Cushman & Wakefield released its “Tech Cities: The Global Intersection of Talent and Real Estate,” a new report that examines the top location strategy drivers for tech occupiers, identifies the top global tech markets and the impact of tech companies on office real estate. In the report, the firm has ranked Denver-Boulder as a top tech

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200 Clayton in Cherry Creek North Tops Out

According to Colorado-based developer Broe Real Estate Group, 200 Clayton, an eight-story mixed-use project adding 76,000 square feet of Class A office space to the highly coveted Cherry Creek North market, has reached its steel structure topping off. Prominently positioned at “Main and Main” in the heart of Cherry Creek North, the $150 million phased development

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Dollar General to Build Mega Warehouse at HighPoint Elevated Industrial & Logistics Park

CBRE has announced the sale of 75 acres at HighPoint Elevated industrial and logistics park in Aurora, to Dollar General. The park’s development team, Hyde Development and Mortenson, will build a 919,000-square-foot Class A distribution facility for Dollar General on the site. CBRE’s Daniel Close, Todd Witty, Tyler Carner, Jeremy Ballenger and Jessica Ostermick represented Hyde

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