Author name: milehighcre

California Lighting Company to Open Manufacturing Facility at Baseline Industrial

BEGA North America, a California-based architectural lighting company, has selected a 153,000-square-foot manufacturing facility within McWhinney’s Baseline Industrial innovation district situated on 160th Street in Broomfield. BEGA will occupy the entirety of Baseline’s second industrial building, allowing the company to flex and accommodate future growth on-site. “Baseline Industrial not only offered the right expansion opportunity for our organization and […]

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Multifamily Property in City Park Sells to California-Based Buyer

Vista 28, a 22-unit boutique infill multifamily property in Denver recently sold for $11.05 million to an undisclosed California-based buyer. The sales price reflects a per-unit price of $502,273. Directors Nate Moyer and Tyler King and Senior Directors Nick Steele and John Laratta of Berkadia Denver led the transaction on behalf of the Colorado-based seller. “Vista 28 represents another

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Flexible Warehouse Innovator Announces Expansion Plans

WorkHub Developments, a leading innovator in the booming business of flexible warehousing and office space, is expanding its corporate footprint to meet growing demands from corporate and entrepreneurial communities.WorkHub announced it will open its first out-of-state WorkHub location in the spring of 2023, in Centennial, Colorado. In addition to this new location, WorkHub announced that

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Mortenson Denver Raises $100,000 for Local Dance School

Last week, Mortenson hosted its 15th Annual Charity Golf Tournament. This year, Mortenson, together with partners and participants, raised a record-breaking $100,000 to support Mortenson’s 2022 Community Impact Partner, Cleo Parker Robinson Dance (CPRD). Each year, Mortenson designates a local nonprofit as its Community Impact Partner. This partner becomes the beneficiary of the company’s yearly charitable

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Embrey Partners Buys Land in Lakewood to Develop 354-Unit Apartment Community

San Antonio-based Embrey Partners has purchased 11085 and 11001 W Colfax Ave, a 190,990-square-foot 4.38-acre land assemblage in Lakewood. Pending approvals from the City of Lakewood, the developer plans to demolish the small existing building that is currently home to a window tinting business and develop Bel Aire – a new four-story, 354-unit Class A apartment

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Leeds West Groups Launches Greenfield Build Projects

Greenwood Village-based Leeds West Groups (LWG), a firm that acquires, owns, and manages national automotive repair franchise brands within its portfolio, has launched a greenfield new build program and plans to secure six to eight land plots in the next 120 days throughout Colorado, New Mexico, and Texas. The locations are scheduled to break ground in

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Centerpointe Plaza Retail Center in Colorado Springs Sells for $21.4M

Centerpointe Plaza, a 154,988-square-foot neighborhood retail center along North Academy Blvd in Colorado Springs, has sold for $21.4 million to a Denver-based private fund. Built in 1983, Centerpointe Plaza comprises five multi-tenant buildings on nearly 13 acres. The property is located at 5605-5785 North Academy Blvd., at the intersection with Vickers Dr., with exposure to an average

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OfficeScapes & Elements Announce Merger

Denver-based elements, an integrated interiors partner focused on human-centered design and placemaking, together with Colorado’s leading furnishings solutions partner OfficeScapes and commercial flooring specialist Floorz, have merged to create a comprehensive interior solutions company with the capacity to support clients nationally. Moving forward, the newly combined company will remain the largest Steelcase provider in the

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MGL Partners Awarded Low Income Housing Tax Credits for Construction of Senior Apartment Community

Denver-based MGL Partners (MGL), a multifamily, senior, workforce and affordable housing developer, has been awarded 9 percent competitive Federal Low Income Housing Tax Credits (LIHTCs) for the construction of  50 units of affordable senior housing in Denver’s Central Park from the Colorado Housing Finance Authority (CHFA). “The St. Stephen Senior Apartment community is a project

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Avanti Residential Begins Construction of First Development in Colorado

Denver-based Avanti Residential and RE Solutions are pleased to announce the start of construction on the West 29th Apartments, located at the corner of West 29th Avenue and Xavier Street in the Sloan’s Lake neighborhood of Denver. Construction is scheduled for completion in November 2023 and leasing efforts will begin in mid-2023. “This site, is located

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