Author name: milehighcre

Arizona-Based Civil Engineering Firm Opens Office in Loveland

Following a milestone year in 2021, Arizona-based civil engineering firm EPS Group recently held a ribbon-cutting event to celebrate the opening of its new market office at 3760 E. 15th St. in Loveland. EPS Group, which has operations in California along with Arizona and now Colorado, is also making progress on opening an office in Texas […]

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Q1 Construction Costs Increase 3.2% in Denver

The construction market continued to experience significant inflationary challenges in early 2022, according to Mortenson’s Cost Index. Optimism for moderating costs in the latter half of the year has lessened and will be dependent on a variety of external factors including global stability, supply chain continuity, labor markets, and general economic conditions in the U.S.

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Market Station Refinanced for $130M

Market Station, a newly built, Class A mixed-use project totaling 339,494 square feet in Denver’s LoDo, has been refinanced for $130 million, according to JLL. The borrower, a joint venture between Continuum Partners, LLC and Clarion Partners, LLC, to secure the 12-year, fixed-rate loan through a life company correspondent lender. “It has been gratifying to

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Movers and Shakers Week Ending 05.13.22

JE Dunn Construction Promotes Charlie Slattery to Project Director JE Dunn Construction announced the recent promotion of Charlie Slattery to project director. A graduate of the University of Colorado at Boulder, Slattery has spent his entire 16-year career with JE Dunn where he has delivered notable projects throughout Colorado in markets including higher education, life sciences, data center, and

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Mortenson and Habitat for Humanity of Metro Denver for Women’s Engagement Weekend

On May 6-7, women from across Mortenson’s Denver operating group came together for Habitat for Humanity of Metro Denver’s Women’s Engagement Weekend. The event was part of Mortenson’s recently announced multi-year partnership with Habitat for Humanity of Metro Denver to engage women leaders and provide construction skills training for women while supporting the creation of

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Two-Tenant Medical Property in Colorado Springs Sells for $10.6M

SRS Real Estate Partners’ National Net Lease Group (NNLG) announced today it has completed the $10.6 million sale of a fully occupied, two-tenant medical retail property located at 1910 Lelaray Street in Colorado Springs. Built in 2009 and situated on 2.14 acres, the 19,187-square-foot property is fully occupied by Liberty Dialysis (a subsidiary of Fresenius),

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Lakewood General Contractor Expands to Arizona

Lakewood-based general contractor Alcorn Construction is expanding its team and operations with a new office in Tempe, Arizona. Founded in 2008 by Amy and Chris Alcorn, Alcorn Construction has since transformed into a construction company with regional significance in commercial office, light industrial, retail, multi-family, and senior living projects in the Denver metro area. Over the

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The Pines at Broadmoor Bluffs in Colorado Springs Sells to California-Based Investment Firm

Benedict Canyon Equities, a California multifamily real estate investment company, recently purchased Pines at Broadmoor Bluffs, a townhome-style rental community in Colorado Springs, for $49 million, according to property records. Built in 1987, The Pines at Broadmoor Bluffs has 108 apartment homes across 26 buildings. The community has one garage per unit and large, two-

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Elevate Secures Nine Property Mangement Assignments

Elevate Real Estate Services (Elevate), a Denver-based independent firm offering comprehensive management solutions, has secured nine new property management assignments totaling over 330,000 square feet of space. The properties include seven office buildings, one retail center, and two industrial buildings. 7500 E. Arapahoe Rd. is a 38,867-square-foot office building with 31 units in Centennial. 7600

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Mile High Trendy Office: Pear Workplace Solutions

Pear’s “hybrid” offices have become a destination for their employees and clients to see a positive and rewarding return-to-work model. With a 40 percent reduction in space, but a 100 percent increase in comfort and livability in their new hybrid work environment, the design not only saved Pear Workplace Solutions money but created real value

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