Author name: milehighcre

Multi-Phased Speculative Industrial Development Coming to Aurora

Construction of the first phase of a 316-acre, 3.9 million-square-foot master-planned industrial development, called Sun Empire in Denver’s airport submarket, will begin in September 2022. The project is a joint venture between The Opus Group (Opus) and Principal Real Estate Investors. Located at the southeast corner of 56th Avenue and Harvest Mile Road in Aurora, the

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McKinstry Expands with Holistic Solar and Storage Solutions

McKinstry, a national construction and energy services firm, is helping clients achieve their climate and sustainability goals through an integrated suite of energy and facility services that has grown to include solar photovoltaics, distributed generation, battery storage systems, geothermal energy, electric vehicle charging infrastructure, community solar and more. Among the projects, McKinstry partnered with Denver

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Non Residential Construction Spending Projected to Increase Due to Strong Gains in Manufacturing and Retail

Construction spending on buildings is projected to increase just over nine percent this year and another six percent in 2023, according to a new report from the American Institute of Architects (AIA). While the outlook for the broader economy has become more uncertain, the prospects for construction spending have improved since the beginning of the

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Grocery-Anchored Shopping Center in Greeley Sells for $37.5M

Centerplace Greeley, a 152,000-square-foot Safeway-anchored shopping center in Greeley, has sold for $37.55 million, according to property records. “Centerplace of Greeley dominates its region and features a tenant mix of predominantly national tenants that occupy 94% of the total gross leasable area,” said Ryan Bowlby, Institutional Property Advisors (IPA) senior director, a division of Marcus &

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Comunale Properties Signs Two Credit Tenants at Spec Industrial Project in Fort Collins

Denver-based Comunale Properties — which specializes in new Class A light industrial development and the acquisition and repositioning of value-add light industrial buildings — has completed two pre-leases at its soon-to-be complete Mulberry Connection development, the first speculative Class A industrial project built in Fort Collins since the 1990s. With a prime Interstate 25 frontage, the

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GH Phipps Receives Two Awards from the Associated General Contractors

GH Phipps has received two awards from the Associated General Contractors (AGC) during the organization’s recent annual Construction Safety Excellence Award (CSEA) event. GH Phipps earned the Construction Health and Safety Excellence Award (AGC & OSHA partnership) and the Colorado Stormwater Excellence Program Award, a public and private partnership to improve water quality in our state.

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Westside Submits Proposal for Denver’s Fourth-Largest Park

By Katie Rapone On July 13, Glendale-based Westside Investment Partners submitted a development concept plan for the redevelopment of Denver’s Park Hill Golf Course. Westside purchased the 155-acre property in 2019 for $24 million. Based on community input and preliminary recommendations, Westside is proposing mixed-use neighborhoods connected by 100 acres of park, open space, and

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MGL Partners Announces Second Phase of Affordable Housing Project in Longmont

MGL Partners (MGL), a Denver-based multifamily, senior, workforce and affordable housing developer with a mission to build lasting value through the creation of high-quality communities, has closed on the land for the second phase of the Crisman Apartments, in partnership with the Longmont Housing Authority (LHA). Located at 680 SH 66 in Longmont, Crisman II

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BMC Announce 10th Office Project in Cherry Creek North

BMC Investments (BMC) announced today its 10th project in Cherry Creek North, a new Class A office development with 90,000 square feet of office and 10,000 square feet of retail called Milwaukee Place. The new seven-story project will be built at 242 Milwaukee Street and BMC recently acquired the adjacent site (240 Milwaukee Street), completing

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Iconic Fiddlers Green Portfolio Secures $196M Financing

Schnitzer West, one of the West Coast’s leading real estate investment, development and property management companies with an office in Denver, has secured $196 million in financing for its Fiddler’s Green Portfolio consisting of Palazzo Verdi, Fiddler’s Green I and Fiddler’s Green II. The Class A office portfolio totals 748,445 square feet and is located

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