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Pandemic Impacting Colorado Springs Retail Market

According to CBRE’s Colorado Springs Retail MarketView, for the first time in over 10 years, the Colorado Springs retail market posted negative net absorption. Through the first half of 2020, 282,000 square feet of negative net absorption was recorded. Direct vacancy increased to 6.1% in Q2 2020, up 107 bps from Q4 2019. Construction activity remained active […]

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198 Townhome Community to Replace Former CDOT Complex in Southeast Denver

Arapahoe county-based builder Lokal Homes is set to transform Denver’s former CDOT Region 1 complex into 198 market rate townhomes called The Hub at Virginia Village. Located northeast of the intersection of Evans Avenue and Holly Street, the new community will bring much-needed for-sale housing to the area. Builder Capital, LLC has entered into a land banking arrangement

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Multifamily Property in Thornton Sells for $53.6M

Highpointe Park, a 220-unit multifamily property located at 9701 Pearl Street in Thornton, has sold for $53.6 million. David Potarf, Dan Woodward, Matt Barnett and Jake Young with CBRE Capital Markets in Denver represented the seller, Hamilton Zanze. An undisclosed buyer purchased the community in a sale that closed August 13. “Located a short drive from downtown Denver

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Rowland+Broughton Architecture Honored with Two AIA Awards

Rowland+Broughton Architecture / Urban Design / Interior Design has been honored with two distinctive awards by the American Institute of Architects (AIA) Colorado chapter, the 2020 AIA Colorado Firm of the Year Award and the 2020 AIA Colorado Design Award of Merit for Art Barn Residence. Awards were announced on Monday, August 17, at the socially

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LOA Architecture Designs Jefferson County Public School

LOA Architecture, a Denver-based full-service architectural design firm, has provided full. architectural service for the Efficiency and Future Ready renovation at Stober Elementary in Lakewood. This project is now under construction with Golden Triangle Construction as the general contractor and completion targeted for later this month. The building improvements include a complete renovation of the front entry plaza,

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Texas-based Developer Buys 7.8 Acres in Westminster for 261-Unit Multifamily Development

The Dinerstein Companies, a professional property construction, development and management company based in Houston, TX., has purchased 7.8 acres of land at the northwest corner of Westminster Boulevard and West 109th Avenue in Westminster. Dinerstein will build a 261-unit apartment community. Newmark Knight Frank Executive Managing Director Chris Cowan, Associate Director Bryon Stevenson and Transaction Manager Mackenzie Walker

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Movers and Shakers Week Ending 08.21.20

Alliant National Announces Promotion of Margaret Cook as Executive Vice President, General Counsel and Chief Legal Officer Alliant National Title Insurance Company, a unique title insurance underwriter that partners with independent agents to improve their competitive position, announces the promotion of Margaret Cook as executive vice president (EVP), general counsel and chief legal officer. Margaret

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Roth Sheppard Architects Receives Multiple AIA Colorado Design Awards

The AIA Colorado Design & Honor Awards were held on Monday, August 17 at the Denver Mart Drive-in. The awards presentation was hosted by Roth Sheppard Architects (RSA) Partner and AIA Colorado 2020 Board President, Adam Harding, AIA, and AIA Colorado’s CEO, Mike Waldinger, Honorary AIA. While practicing social distancing and wearing masks, the architectural community gathered to

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Alpine Investments Secures $12.9M Loan for 39 Units in Denver

Alpine Investments has secured a $12.99 million construction loan for the construction of 39Tenn Apartments, a 39-unit multi-housing and retail development located at 3870 Tennyson Street in the Berkeley neighborhood of Denver. The 39Tenn development will be a total of 36,278 square feet, consisting of 39 upscale units totaling 31,633 square feet sitting atop 4,645

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