Author name: milehighcre

Boyd Lake Commerce Center Breaks Ground in Loveland

The new Boyd Lake Commerce Center, an industrial manufacturing and distribution project totaling ±1 million square feet, has broken ground in Loveland. The new Northern Colorado project is launching with the speculative construction of a 100,117-square-foot freestanding building on 9 acres that can accommodate a single or multi-tenant user along with outdoor storage space and […]

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Denver Office Sublease Availability Peaks while Industrial Leasing Activity Reaches New High

CBRE has released its latest quarterly office and industrial reports. In Q3 2022, office sublease availability in metro Denver reached a peak of 5.4 million square feet. Increasing 13.9% quarter-over-quarter, sublease availability soared above its previous peak of 5.1 million sq. ft. in Q2 2021. While sustained tenant demand fueled healthy industrial leasing activity through Q3

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Apartment Property in Denver Opportunity Zone Sells for $10.5M

Denver-based Tekton Group, a real estate private equity firm with a deep investment history in Colorado, has purchased The Mile Apartments — located in an opportunity zone at 1598 Hooker Street near Sloan’s Lake Park and Mile High Stadium — for $10.5 million. The 24-unit building is a brand-new construction 5-story building, consisting of 18,956 square feet

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Movers and Shakers Week Ending 10.07.22

Prime West Adds Two to Leadership Team Prime West, a Colorado-based commercial real estate firm, recently announced that Jeff Farmer and Max Anderson have joined the firm’s leadership team. Farmer will serve as vice president of multifamily development, while Anderson has been named vice president of development management. In his role as Vice President of

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Alliance Construction Solutions Making Progress on RidgeGate Affordable Housing Project

Alliance Construction Solutions is progressing smoothly as they near completion on RidgeGate Affordable Housing, located at 10810 Rail Way in Lone Tree, in close proximity to the RTD RidgeGate Light Rail station. The project will total 90,900 square feet, constructed of a concrete podium with four stories of wood frame construction and 67 units of affordable housing. These units will consist

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CFC Construction, Inc. Acquired by Utah-Based Construction Firm

Following more than four decades working in the Centennial state, Golden-based CFC Construction Inc. has been acquired by Salt Lake City, Utah-Big-D Construction. Serving Colorado and neighboring states for 45 years, CFC Construction will continue to be locally managed and operate under the same name. Chairman and Founder, EJ Olbright, will continue in his role with CFC,

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Office Property in Greenwood Village Sells for $15.7M

5500 Greenwood, a 69,855-square-foot office building in Greenwood Village, has sold to a private investor for $15.7 million. Patrick Devereaux, James Brady, Campbell Davis and Chad Flynn with CBRE Capital Markets in Denver represented the seller, Focus Property Group. Built in 1974, the two-story building is fully leased to seven tenants, including Galloway & Company

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Taylor Kohrs Completes Construction of Dry Gulch Commons in Lakewood

Taylor Kohrs, a Colorado-based general contractor for nearly 40 years, recently completed construction of a 24-unit, market-rate apartment complex in Lakewood: Dry Gulch Commons. Each 1,000-square-foot unit is equipped with two bedrooms, 1-2 bathrooms, a balcony or patio, vaulted ceilings, in-unit laundry, dedicated storage and fiber internet. “These beautiful apartment homes are conveniently located with easy commuter access around

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Koelbel to Renovate Former Kohl’s Building for Growing Life Sciences Company

Biodesix, Inc., a leading data-driven diagnostic testing solutions company dedicated to improving medical care for patients with lung disease, will be the sole tenant of a former Kohl’s building in Louisville located at 919 West Dillion. Koelbel and Company will conduct an extensive renovation of the building in conjunction with tenant improvements. Biodesix will lease the

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Several Colorado Hotels Honored by Condé Nast Traveler

Conde Nast Traveler has announced the recipients of its 2022 Conde Nast Traveler Readers’ Choice Awards. Several fantastic Colorado resorts are highlighted in the Top 20 Mountain West Resorts category as well in the Top 25 Hotels in the Southwest & West category. More than 240,000 people voted in this year’s Readers’ Choice Awards, one of

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