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Breakthrough Properties Enters Boulder Market with Development of Life Sciences Campus

Leave a Comment / Development, Life Sciences /

Breakthrough Properties, a leading global developer of life sciences real estate backed by a joint venture of Tishman Speyer and Bellco Capital, has officially entered the Boulder market with the acquisition of a 9.3-acre, four-building campus, which will be transformed into “Boulder 38 by Breakthrough” featuring 164,000 square feet of office, lab and flex space. […]

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Denver Affordable Housing Project Seeks 1-Story Height Increase

Leave a Comment / Affordable Housing, Development, Multifamily /

Iselo 40th Avenue LLC (Iselo), the owner and developer of the High-Iron 40 project in Elyria-Swansea, has entered into a partnership agreement with LDG Development — the nation’s 12th largest developer — for the development of High-Iron 40 that will provide a total of 900 units of high-quality multifamily housing, of which 10% will serve residents earning 60% of the

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Madison Commercial Properties Announces Medical Office Lease

Leave a Comment / Brokerage, Healthcare, Office /

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

Leave a Comment / Construction, Development, Reports /

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

Leave a Comment / Movers and Shakers /

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

Leave a Comment / Brokerage, Development, Land Sales, Multifamily /

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

Leave a Comment / Architecture, Construction, CRE People /

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 

Leave a Comment / Affordable Housing, Architecture, Construction, Development, Multifamily /

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

Leave a Comment / Brokerage, Hospitality /

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

Leave a Comment / Brokerage, Office, Reports, Technology /

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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