Author name: milehighcre

Denver Ranks Sixth for Office Rent Growth and 11th for High-Tech Job Growth, CBRE Study Says

The tech industry led a rebound in U.S. office-leasing activity in 2021, fueled by increased hiring and demand for tech products and services, according to CBRE’s annual Tech-30 report. Tech companies claimed a 22% share of U.S. office-leasing activity in the second and third quarters combined, up from 17% for all of 2020. Tech’s share […]

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Kennedy Wilson Acquires Arista Uptown in Broomfield

Global investor and developer Kennedy Wilson has acquired Arista Uptown, a 272-unit garden-style apartment community in Broomfield, for $95 million, excluding closing costs. Beginning immediately, the team will roll out a value-add asset management plan that includes investing $4million to renovate unit interiors, refresh common areas and enhance amenities to improve the renter experience. Completed in

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Movers and Shakers Week Ending 11.05.21

CSURF Welcomes Tamara Alexander-Johnson as Executive Director, Real Estate Services Colorado State University Research Foundation (CSURF) welcomes Tamara Alexander-Johnson as executive director of real estate services, beginning November 1, 2021. In this capacity, Tamara will oversee and work closely with CSURF’s project management and transactions team and alongside her counterpart, John Slack, executive director or property management.

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Marriott Receives $32.6M Construction Loan for Portfolio of Hotels

Los Angeles-based GreenLake Asset Management LLC (“GreenLake”) has funded a $32,600,000 construction loan for a portfolio of Marriott hotels. The properties will be a TownePlace Suites adjacent to Denver International Airport, opening in early 2023, and a Fairfield by Marriott in central Wyoming, opening in late 2022. GreenLake continues to see opportunity in the hospitality market

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Ghost Kitchen ChefReady Announces Five New Restaurant Concepts

Denver’s ghost kitchen ChefReady will introduce five new concepts this week at the 1468 S. Cherokee St. virtual kitchen in Denver’s Platte Park, including a previously shuttered downtown restaurant, a new Thai concept, a catering company and a Mexican popsicle concept. Chef Ready opened its first virtual kitchen in July 2020, offering ten rentable, high-tech commercial kitchen stations under one

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CBRE Completes Sale of Dry Creek Medical Office Building in Englewood

Broe Real Estate Group, a private real estate investment firm and affiliate of The Broe Group, headquartered in Denver, has sold its property, Dry Creek Medical Office Building in the Denver Tech Center, for an undisclosed amount. Built in 2000, by The Neenan Company, the Dry Creek Medical Office Building totals approximately 57,250 square feet. It is

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Construction Restarts on T3 RiNo

Following a pause in construction, McCaffery, Ivanhoé Cambridge and Hines recently kicked-off construction on T3 RiNo, which is being developed into a six-story, 238,726-square-foot T3 (Timber, Transit and Technology) office building, and will be one of the most environmentally friendly and sustainable developments in Denver. Conveniently located one mile north of downtown, the River North

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Denver-Based Hotel Company Achieves Top Accolade from Marriott

Denver-based hotel company Five Senses Hospitality has been recognized as the Horizon Award winner from Marriott® International. The Horizon Award recognizes the “up and comers” within hospitality management companies. Recipients must meet several performance thresholds and maintain required criteria.  Honorees are on the trajectory to joining Marriott’s renowned Partnership Circle and positioned for continued growth with

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Bow River Capital Closes $450M Oversubscribed Real Estate Fund III Investment Strategy

Bow River Capital, a Denver-based alternative asset manager, announced today the close of the Bow River Capital Real Estate Fund III. The Fund was oversubscribed with $450 million of commitments compared to its $350 million target and nearly 2.5  times larger than its $186 million predecessor fund, Bow River Capital Real Estate Fund II. Bow River Capital Real

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Popular Denver Delicatessen Brand Expanding to Boulder

Partners Michael Reif and Dashiell Harrison announced this week the expansion of their popular neighborhood delicatessen brand, Curtis Park Deli, to Boulder. This will be the company’s third location and its first outside of Denver. The new store will be located in the heart of downtown Boulder at 3000 Pearl Parkway, Suite 1300, Boulder, 80301.

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