Author name: milehighcre

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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3 Colorado CRE Assets Sell as Part of Portfolio Totaling Over One Million Square Feet

Denver-based ERES Companies (ERES), which delivers full-scale real estate solutions to organizations and investors across the globe, has successfully completed the sale of 17 commercial real estate assets located in key domestic energy markets. The portfolio includes industrial and office campus locations, land, multifamily and single-family product types totaling over 1.4 million square feet and 1,280

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1980s-Era Office Building Transformed in Downtown Denver

THE AMP, a newly renovated, nine-story, 79,000-square-foot office building located at 1580 N. Logan Street in Denver’s historic Colfax Avenue district, will be officially unveiled Thursday, Sept. 15. A fund managed by Pennybacker Capital Management, LLC acquired the Uptown property in 2019 for $12.6 million and committed $9 million to transform the 1980s-era building into a

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Mile High Trendy Office: The Loading Dock, Boulder

The design of The Loading Dock, a transformative 32,000-square-foot office renovation project in Boulder, was recently honored with an AIA Colorado Design Award of Merit at this year’s Design + Honor Awards. Designed by OZ Architecture, the project highlights an honest use of materials, exposing the building’s beautiful structure, unique connections and thoughtful details. But

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Fifth Annual Encore Gives! Day Brings Volunteers from Across the Rocky Mountain West

Encore Electric, a specialty electrical and technology solutions provider based in Lakewood, celebrated its Fifth Annual Encore Gives! Day on Saturday, September 10 with events at seven locations around Colorado, Montana, and Utah. Each year, Encore Electric teammates and their families gather for events across the Rocky Mountain West to volunteer at community organizations that

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