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CIM Group Completes Upgrades to LoDo Towers

CIM Group recently completed a number of renovations at the LoDo Towers office buildings, including the addition of a 10,000-square-foot tenant amenity center and comprehensive common area upgrades. LoDo Towers consists of the 13-story, approximately 225,000-square-foot tower at 1331 17th Street (“1331”) and the 16-story, approximately 196,000-square-foot tower at 1401 17th Street (“1401”) in LoDo, […]

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New Coffee Bar Occupies Rare Drive-Thru Location in DTC

Portland-based Black Rock Coffee Bar recently opened its second Colorado location in the Denver Tech Center. The walk-in/drive-through coffee shop occupies the entire 2,700-square-foot, stand-alone building at 7850 East Union Avenue. Black Rock’s first location is in Castle Rock. 7850 East Union Avenue is also currently up for sale; Newmark Knight Frank Executive Managing Directors Riki Hashimoto and Dan

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Two New CBD Manufacturing Facilities Open in Greeley

Two new state-of-the-art CBD-hemp extraction facilities are now operational in Greeley. The GMP compliant manufacturing facilities will enable Vantage Hemp Co. to process up to a tonne of biomass using CO2 extraction and four tonnes of biomass per day using hydrocarbon extraction. The facilities support large scale winterization and high volume distillation to produce high-quality science-driven extracts,

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Safe Harboring the 26% Solar Investment Tax Credit in 2020

By John Shaw, Commercial & Industrial Solar Developer at Namasté Solar Since it was enacted in 2006, the federal solar investment tax credit (ITC) has helped support the growth of solar energy across the country by more than 10,000 percent, according to the Solar Energy Industries Association. This tax credit, as opposed to a deduction,

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Affordable Housing Community in Vail Refinanced

Middle creek Village, a 142-unit affordable housing community located in the heart of Vail, has been refinanced. CBRE arranged the $23.52 million financing on behalf of developer Coughlin & Company, in a transaction that closed July 1. Located at 145 Frontage Road West just across from downtown Vail, Middle Creek Village is a deed restricted affordable housing community that

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Movers and Shakers Week Ending 07.10.20

Atlas Real Estate Hires Standout Cassie Stenson As New Marketing Manager Atlas Real Estate, a full-service real estate company specializing in investment brokerage, property management and institutional acquisition, announced standout candidate Cassie Stenson as its new marketing manager. In her new role, Stenson will lead Atlas’ marketing and branding initiatives, coordinating efforts with key business line leaders and

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Greystar’s First “Active Adult” Community Opens at 9th + Colorado

Greystar Real Estate Partners, LLC (“Greystar”), a global leader in the investment, development, and management of high-quality rental housing properties, today announced the completion of construction with move-ins commencing at Overture 9th + Co – a luxury 55+ community by Greystar that is part of the 26-acre 9th + Colorado redevelopment project near Cherry Creek.

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Growing Cannabis Real Estate Firm Expands Portfolio

Denver-based Scythian Real Estate, a full-service real estate company that specializes in working with sophisticated, well-capitalized cannabis operators, has acquired a 3,048-square-foot facility operated by Grassroots Cannabis in Bradford, Pennsylvania. Scythian purchased the recently renovated property at 109 Main Street from Grassroots Cannabis in a sale-leaseback transaction. “This is our third transaction with Grassroots, and

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Denver Rents Decline 1.4% in April and May

The COVID-19 pandemic has ended years of healthy multifamily fundamentals. Demand has weakened, and renters are increasingly looking for more inexpensive stock. After nearly a decade of solid growth, multifamily asking rents dropped 0.4  percent nationally in April and May, with twice as many metros seeing rents decline (71) as increase (35), according to a

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Unico Properties Completes Platte Street Plaza

Unico Properties, a subsidiary of Unico Investment Group LLC, recently completed Platte Street Plaza, a community amenity space at the base of the Highland Bridge. The project was made possible through a public/private partnership between Unico Properties LLC and the City & County of Denver, with the $1.7 million in equity required for the project

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