IndustrialOfficeReports

Denver Industrial Market Proves Resilient in Q3 While Office Activity Remains on Hold

CBRE just released its Q3 reports for metro Denver’s office and industrial sectors. While the Denver office market continues to feel the impact of the pandemic, Denver’s industrial market has proven itself resilient during uncertain times. “Office activity remained largely on hold in the third quarter of the year as companies …

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BrokerageMultifamilyRenovationTransit

ArtWalk Apartments in Englewood Sell for $123.5M

Oak Coast Properties has purchased the ArtWalk Apartments at City Center, a 438-unit transit-oriented apartment community located in Englewood, for $123.5 million. The developer is planning a $4.4 million renovation as part of a continued community value-add investment strategy aimed at enhancing the apartment units and amenities for the region’s renters. “ArtWalk …

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BrokerageRetail

Buyer Sees Value in Lone Tree Retail Center

The Shops at Park Meadows, a 5,556-square-foot retail property in Lone Tree, has sold for $2.7 million to a locally based private investor. Located at 9226 Park Meadows Drive, the strip retail center is highly visible at the signaled intersection of major arterial roads Yosemite Street and Park Meadows Drive. Jeff Samuelson of Realty …

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ConstructionDevelopmentEventsHealthcare

Ground Breaking: Collaborative Care Center, Idaho Springs

The excitement for the groundbreaking of the Clear Creek County Collaborative Care Center was palpable. No obstacle, not even the COVID-19 pandemic, could detract from the enthusiasm for this long-awaited project. On Friday, October 16, a select few project representatives attended an on-site, socially-distanced groundbreaking ceremony, which was recorded via Facebook Live on …

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ConstructionDevelopmentFeatureTechnology

Project Certainty Increases When People and Technology Work Together

By Chris Kelner, national director of preconstruction for Kiewit Building Group Inc. While industry experts question just how deep and long-lasting the economic impact of the COVID-19 pandemic will be, contractors can support healthy development during the current downturn with solutions to mitigate risk and create project certainty in such uncertain times. …

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ConstructionDevelopmentEventsIndustrial

Rocky Mountain Rail Park Breaks Ground

On October 8, Rocky Mountain Industrials, Inc. celebrated its ceremonial groundbreaking at the Rocky Mountain Rail Park, a 620-acre rail-served industrial park in unincorporated Adams County. CEO Gregory Dangler hosted the event, where Betsy Markey, executive director of the Colorado Office of Economic Development and International Trade, and Nathan Anderson, senior …

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Affordable HousingAwards

Arroyo Village Affordable Housing Community in Denver Earns National Award

The Urban Land Institute (ULI) Terwilliger Center for Housing recently awarded six winning residential projects for the 2020 Jack Kemp Excellence in Affordable and Workforce Housing Award, during ULI’s Virtual Fall Meeting. Arroyo Village in Denver was a winner in the large-scale (100 units or more) developments category. A first-of-its-kind project …

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BrokerageRetail

Safeway-Anchored Roxborough Marketplace Trades

Despite the negative impact that the COVID pandemic is having on the retail market, CBRE recently completed the sale of Roxborough Marketplace, a Safeway grocery-anchored retail center located at 8355 North Rampart Range Road in Littleton. Brad Lyons and Tim Richey with CBRE’s National Retail Partners represented the seller, Slate Asset Management from …

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DevelopmentMultifamily

Nine-Story Multifamily Project to Break Ground in RiNo 2021

Houston-based Transwestern Development Company (TDC®) has acquired 0.8 acres at 3712–3740 N. Downing St. in RiNo with plans to develop a Class A multifamily mid-rise project. The site is a four-parcel assemblage at the intersection of Downing and Walnut Streets. TDC will construct a nine-story building with 200 units. The …

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ConstructionEvents

Future Leaders Forum Raises Over $47,500 for Construction Workforce Development 

The Associated General Contractors of Colorado’s (AGC/C) Future Leaders Forum annual sporting clay event raised $47,500 to support the construction workforce development programs of the Construction Education Foundation of Colorado (CEF Colorado). The donations will fund scholarships for college students in construction management programs and provide support for construction education …

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