Author name: milehighcre

Furniture Row Store Breaks Ground in Littleton

Precision Contractors and Furniture Row recently held a groundbreaking ceremony to celebrate the start of construction on a brand-new Furniture Row and Denver Mattress Co. store at C-470 and Bowles Ave in Littleton. The new 74,365-square-foot facility, located at 5779 S. Alkire St., has been designed by Intergroup Architects. To take advantage of such a high-visibility location, the building […]

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Sale of Multifamily Property Sets New Record in Colorado Springs

California-based Hamilton Zanze has purchased Springs at Foothills Farm, a 264-unit garden-style multifamily community located in Colorado Springs for a record-setting $110.9 million. The sale of Springs at Foothills Farm represents the largest transaction in the history of Colorado Springs. Senior Directors Nick Steele and John Laratta and Directors Nate Moyer and Tyler King of

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Snyder Building Completes CrossPurpose’s New Englewood Location

Snyder Building Construction has proudly completed its second project with CrossPurpose in the Denver metro area. The nonprofit provides a free six-month career training and community development program for adults who want to secure better-paying jobs and build a brighter future. The project, located at 3835/3855 S. Broadway, was completed in partnership with Wellspring Church and is an

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13-Story Residential Tower Breaks Ground in Denver Tech Center

Legacy Partners, a privately held national real estate firm, and Pacific Life have broken ground on Aracelli, a 236-residence, Class A, NGBS Green-Certified Gold high-rise in Denver. KTGY is the architect of record for Araceli. The development team also includes Catamount Constructors, Prescient (light gauge steel structure Designer/Fabricator), Jordan & Skala Engineers (MEP), Studio 10 Interior

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Centre Point Properties Sells Westminster Retail Center for $6.4M

Plaza Northwest, a 27,405-square-foot retail center located in Westminster situated adjacent to the Westminster Mall redevelopment project, has sold for $6.44 million. JLL represented the seller, private CRE investment firm Centre Point Properties in the transaction. Park Meadows Real Estate, LLC acquired the property. Built in 1984, the property is 94.1-percent-leased to a diverse mix of tenants,

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Mayor Hancock Outlines 2023 Budget Proposal to Address Affordable Housing and Reinvigorate Downtown Denver

This week, Mayor Michael B. Hancock submitted his 2023 budget proposal to the City Council, a fiscally sound and responsible plan rooted in equity and inclusion that will support our city’s continued recovery while also investing in programs and services that will have generational impacts. “Our recovery is strong, we’re moving forward and there is

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Movers and Shakers Week Ending 09.16.22

Cushman & Wakefield and Greystone Hire Premier Financing/Multifamily Team in Denver Cushman & Wakefield and Greystone Servicing Company LLC recently announced that a veteran equity, debt and structured financing (EDSF) team led by Vice Chairman Craig Branton, M.S. has joined the firms in Denver. Branton has an extensive background in commercial real estate lending and

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Raise Opens New CRE Office in Denver and Expands Brokerage Team

Raise Commercial Real Estate, a technology-enabled brokerage founded in 2016 in San Francisco, recently launched a new Denver office located at 1624 Market Street, as part of its national expansion strategy. The founding team in Denver includes real estate veterans Alex Hammerstein, Matt Harbert, Mike Deatly, Leah Weaver and Alanna Deatly. Raise believes strongly in both the current

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Piper Sandler Moves into New HQ at 1144 Fifteenth Street

While many companies have yet to return full-time to the office or are moving away from downtown, Piper Sandler’s Colorado public finance group has moved its Denver headquarters into the Class A high-rise office tower at 1144 Fifteenth Street. The company’s 39 Denver-based employees now occupy more than 12,000 square feet on the 20th floor of the building, which

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North Beacon Capital Acquires Golden’s Cole Center for $32.7M

North Beacon Capital, LLC has purchased Cole Center, a 155,610-square-foot recently renovated office building in Golden, for $32.7 million. JLL Capital Markets represented the sellers, Bancroft Capital and Viking Partners, in the sale. Renovated in 2021, Cole Center is a four-story, multi-tenant office building offering a re-imagined lobby and upgraded building features. On-site amenities include

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