Author name: milehighcre

Movers and Shakers Week Ending 05.20.22

Lindsey Gooch Joins CBRE’s Denver Office  CBRE announced that Lindsey Gooch has joined its Denver office as a transaction manager with the Industrial & Logistics practice. Ms. Gooch comes to CBRE from Etkin Johnson Real Estate Partners, where she served as associate leasing director for eight years. In her role as Transaction Manager, Ms. Gooch […]

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Four-Property Retail Portfolio Refinanced for $54M

JLL Capital Markets has arranged a $54 million refinancing for a four-property retail portfolio totaling 436,055 square feet and anchored by best-in-class tenants in and around Denver and Fort Collins. The portfolio comprises Indian Tree Shopping Center at 7705-7739 Wadsworth Blvd. in Arvada; Saddle Rock Village at 7400 S. Gartrell Rd. in Aurora; Micro Center

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Milo Construction Selected for the Rebuild and Restoration of Old Waterloo Restaurant in Downtown Louisville

Milo Construction, a Boulder-based general contractor specializing in pre-construction consulting, design management, value engineering, commercial construction and historic renovation, has been selected for the rebuild and restoration of the Old Waterloo restaurant building in downtown Louisville. The architect is Andy Johnson of DAJ Design and the owner is TEBO Development. The 6,710-square-foot structure, located at

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New Business Alliance Forms to Further the Growth of Cherry Creek

On Monday, May 16, Cherry Creek’s four major business groups announced the formation of a new not-for-profit partnership, the Cherry Creek Alliance. Collectively, the partnership will work toward improvements and opportunities to further the growth of Cherry Creek, with a focus on business engagement, public policy and economic development. The four neighborhood entities include Cherry Creek North, the Cherry

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Class A Office Asset in Westminster Sells for $25.4M

Church Ranch Corporate Center, a 124,533-square-foot, Class A office asset located at 10170 Church Ranch Way in Westminster, has sold to Lotus Company, a diversified private property and hospitality venture company, for $25.4 million. The four-story, multi-tenant building was nearly 90 percent leased to 14 tenants at the time of sale. Cushman & Wakefield represented the

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Architecture Billings Index Moderates Slightly, Remains Strong

For the fifteenth consecutive month, architecture firms reported increasing demand for design services in April, according to a new report today from The American Institute of Architects (AIA). AIA’s Architecture Billings Index score for April was 56.5 compared to 58.0 in March. Any score above 50 indicates an increase in billings. During April, scores for

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Ryan Companies Starts Construction on Apartment Building in Lakewood Opportunity Zone

Ryan Companies US, Inc., a national commercial real estate solutions provider, has started construction on a 151-unit multifamily project in partnership with a private developer. Located at 1288 Wadsworth Blvd in Lakewood, the project is located near one of the busiest intersections in the area and is adjacent to an RTD light rail station. The project is

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Apartments in Lakewood and Arvada Offer the Most Room/Person, says Rent Cafe Study

With the rental season in full swing, Rent Cafe decided to find out where renters can get the most private space per person. Using Yardi Matrix and U.S. Census data for 254 cities, the study ranks them based on the ratio of the average apartment size to the average number of renters living under the same

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5 Provisions That Must Be in Your Construction Contract

By Kate McDonald In Denver’s rapidly growing construction market, the key to success for developers and contractors is understanding the construction contract and potential exposure. While this might sound like a novel concept, the average global value of construction contract disputes increased to $54.26 million between 2019 and 2020, with the number one cause being the parties’ failure to

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Continental Properties Breaks Ground on 272-Unit Multifamily Project at Peña Station Next

Wisconsin-based Continental Properties, a national developer and operator of multifamily communities, retail, and hospitality properties, recently broke ground on a 272-unit multifamily project called Springs at Peña Station. The community will offer luxury-style apartment living on nearly 14 acres of vacant land at Peña Station Next. Brinkman Construction is the project’s general contractor marking its third project

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