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BOMA Volunteers Renovate Mile High Behavioral Healthcare Center in Aurora

Leave a Comment / Construction, Healthcare, Renovation /

Denver Metro Building Owners and Managers Association (BOMA) members joined together in August to renovate the Mile High Behavioral Healthcare Center (MHBHC) in Aurora, for its annual workday program. This year 14 businesses donated more than $50,000 in goods and labor to renovate the building and more than 45 volunteers representing 27 different BOMA organizations

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6010 N Carefree Circle-Co Springs_Credit Virtuance

Retail Property Sales in Colorado Springs Up More Than 300% Y-O-Y

Leave a Comment / Brokerage, Retail /

Two shopping centers in Colorado Springs have sold. Colorado Springs Ranch at 6010-6080 N Carefree Circle sold for $8.3 million, while Peterson Square at 6809 Space Village Avenue sold for $5.55 million in a separate transaction. According to CBRE research, in Colorado Springs retail property sales over $500,000 totaled $233.8 million for the first half of 2022, up more

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Corporate Housing Franchise Provider Appears on Inc. 5000 List

Leave a Comment / Awards, Brokerage, Finance, Investment, Property Management /

AvenueWest Global Franchise, a real estate partner for property investors and the corporate housing community, with an office in Lakewood, has been named one of the fastest-growing companies by Inc. magazine in 2022. AvenueWest ranked no. 1901 on the annual Inc. 5000 list, the most prestigious ranking of the nation’s fastest-growing private companies, and No.

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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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