BrokerageMultifamily

Highlands Ranch Apartment Sale Sets New Record

JLL has closed the largest single-asset apartment transaction in Colorado history with the sale of Palomino Park Apartments, a 1,184-unit, upscale apartment community in Highlands Ranch. JLL’s Capital Markets team brokered the $435 million sale on behalf of the seller, Nuveen Real Estate and also secured $282.75 million in financing for the …

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ConstructionDevelopment

Stonebridge Companies to Open The Slate Hotel This Fall

Denver-based Stonebridge Companies has announced that The Slate Hotel, at the site of the historic original Emily Griffith Opportunity School, will begin welcoming guests this fall. Stonebridge Companies is the property owner and developer and will operate the hotel under the Tapestry Collection by Hilton brand. The 4-story, 135,000-square-foot property will add 251 guest …

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ArchitectureConstructionDesignDevelopmentMultifamily

New Multifamily Community to Replace Lakewood’s White Fence Farm Restaurant

This month, Crescent Communities will begin construction of NOVEL White Fence Farm, a 202-unit multifamily community, on the former site of Lakewood’s beloved White Fence Farm restaurant, which shuttered in 2018. Construction of the luxury community will be handled by CSI Construction with KTGY acting as lead architect. Landscape architecture is being performed …

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ConstructionDevelopmentIndustrial

Fourth Industrial Building Breaks Ground at Centennial Encompass Business Park

Central Development recently celebrated the groundbreaking at Encompass 171, the fourth building at Encompass Business Park in Centennial. The 171,600-square-foot industrial warehouse building is being built by award-winning general contractor Alcorn Construction and marketed by industrial broker T.J. Smith at Colliers International. Encompass has the most momentum of any park …

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BrokerageHospitality

Sale of TownePlace Suites Denver Airport Signals Recovery of Hospitality Industry

Marriott TownePlace Suites Denver Airport at Gateway Park, a 99-room, LEED Silver, hospitality property sold to Pennbridge Lodging in May. Skyler Cooper, Allan Miller, Chris Gomes, and Michael A. Fasano investment specialists in Marcus & Millichap’s Dallas and Denver offices, had the exclusive listing to market the property on behalf …

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FeatureHealthHospitalityInsurance

As an Employer, What Are You Doing This Employee Wellness Month?

By Becca Freiberg Every June, National Employee Wellness Month highlights the need for companies to make efforts in focusing on employees’ overall health. Statistics show that when employee wellness is prioritized, productivity increases, turnover decreases and employees report a more positive company culture. Society Insurance, which specializes in insurance policies …

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Development

44-Acre Mixed-Use Project Receives Initial Rezoning Approval

According to the Denver Business Journal, Evergreen Devco Inc. received initial rezoning approval from Aurora City Council on Monday to develop Buckley Yard, a new 44-acre mixed-use development proposed for the northeast corner of Alameda Parkway and Airport Boulevard intersection in Aurora. The project includes commercial lots along Airport Boulevard …

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IndustrialReportsRetailSustainabilityTechnology

Global Investment in Warehouse Management Systems Infrastructure for E-Commerce to Exceed $10B in 2030

The COVID-19 pandemic has accelerated explosive growth in e-commerce retail market share. A large ecosystem of warehouse refurbishment management software providers, new as a service companies, and logistics providers are expanding rapidly to meet demand. New and more efficient technologies are available to reduce energy intensity in this area, leading …

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BrokerageOffice

WeWork Selects JLL as Leasing Agent in Denver

Coworking is making a comeback. JLL announced this week that WeWork has selected them as the leasing agent for 38 locations in seven cities nationally, including its locations in metro Denver. In this role, the Denver office will act as an extension of WeWork’s in-house sales team, providing agency leasing for small occupiers as …

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Hospitality

Bubu Opens Third Location at Granite Tower

Last week, Troy Guard, leader of Denver-based TAG Restaurant Group (TRG), opened a third location of fast-casual restaurant Bubu Better Bowls by Troy Guard, inside Granite Tower at 1099 18th St, in downtown Denver. Inspired by Guard’s upbringing in Hawaii and time spent in San Diego, Bubu is a fresh spin on …

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