Author name: milehighcre

Majestic Realty Sets Sights on Next Phase of Majestic Commercenter

Sitting at 99.5 percent occupancy on its 5.5 million square feet of development at the Majestic Commercenter, Majestic Realty will break ground before year end on a three-building, 806,630-square-foot speculative development at the business park located at the northeast quadrant of I-70 and Tower Road, continuing east to E-470. A combination of long-term lease renewals, new

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Katie Kruger to Lead CBRE’s Five Colorado Offices

There was a big announcement made today in the Denver CRE community. Katie Kruger, a well-respected and influential leader in the metro Denver business community, will join CBRE as market leader for Colorado and senior managing director, effective Nov. 22. In this role, Ms. Kruger will oversee all Advisory lines of business in the state, including leasing,

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GH Phipps Raise the Roof at Red Rocks

An acoustically astounding environment surrounded by breathtaking views framed by the ancestral Rocky Mountains, Red Rocks is an unarguably extraordinary venue and presented building project like no other. The GH Phipps Construction Companies team faced a feat in removing the original 1988 canopy by crane, replacing it with a complexly designed roof intended to meet standards of improved safety, functionality,

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Construction Underway for Two Industrial Buildings in Northern Colorado

Hines has the begun the construction of two Class-A, industrial distribution buildings in Loveland, the most active industrial sub-market in the region. The project, called Brands West, will be located at 5365 Byrd Drive and 5615 Kitty Hawk Drive and is expected to be completed in Q3 of 2022. The project was designed by Powers Brown Architecture’s

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How IoT Is Improving Deliveries in Multifamily Buildings 

By Steven Sperry One of the lasting impacts of the pandemic has been the explosive growth in meal delivery and ECOM usage. As a result, policies and infrastructure are having to play catch up in order to better facilitate this. For example, Colorado recently proposed a bill that requires third-party meal delivery services to sign

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Trion Properties Doubles Down on Denver with Acquisition of Loft 9 Apartments

Trion Properties along with equity partner PCCP, LLC, has acquired Loft 9 Apartments, a 418-unit multifamily community located at 11100 Dartmouth Avenue in Denver, for $82.5 million. The acquisition more than doubles the firm’s holdings in the Denver metro area, bringing its portfolio to over 700 units since entering the market last year, and over 1,100 in the state of

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Movers and Shakers Week Ending 10.29.21

Denver-based Corum Real Estate Group Hires Vice President of Operations Corum Real Estate Group announced the appointment of David Myers as the company’s new vice president, Operations. Myers joins Corum as the company continues to focus on the growth of its commercial and multifamily management platforms. “We are thrilled to have David join our team. Corum’s investment in this

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Southern Land Company and GTIS Partners Complete Sale of Bespoke Uptown

Southern Land Company and GTIS Partners have sold Bespoke Uptown, a mixed-use project at 17th and Pearl Street in Denver. The 10-story community —completed in 2020 — features 316 luxury apartment homes and more than 12,000 square feet of ground-level commercial space, sold to PPF AMLI 1633 North Pearl St. LLC, an entity associated with AMLI

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McWhinney Awarded Hyatt 2021 Select Strategic Partner Award

Hyatt, one of the world’s leading hospitality companies, annually recognizes top hotel owners, operators and developers with awards in categories such as strategic partner, developer of the year, best renovation and best new hotel. This year, McWhinney is the receipient of 2021 Strategic Partner Award that celebrates a company’s culture, performance and operating philosophies, along with

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