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Denver’s Largest High-Rise For-Rent Apartment Community Breaks Ground Near Sloan’s Lake

Leave a Comment / Architecture, Construction, Development, Hospitality, Multifamily /

Metro Denver’s largest for-rent high-rise apartment and hotel development broke ground last week at the intersection of 26th Avenue and Alcott Street in Denver’s Jefferson Park neighborhood. The 15-story, 626-unit property will include 533 apartment units and 93 apartment-style hotel units. Scheduled for completion in spring of 2024, 26th and Alcott will offer a mix of studio, […]

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Raise Commercial Real Estate Enters Denver Market

Leave a Comment / Brokerage, Office /

San Francisco-based Raise Commercial Real Estate has launched an office in Denver as part of its national expansion strategy. The founding team in Denver includes real estate veterans Alex Hammerstein, Matt Harbert, Mike Deatly, Leah Weaver and Alanna Deatly. Raise believes strongly in both the current and future growth of the Denver market, along with

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Five-Story Speculative Office Project Coming to LoHi

Leave a Comment / Architecture, Construction, Development, Office /

2926 Umatilla, LLC, an entity of Generation Development, is developing a speculative office building located at 2926 Umatilla Street in the LoHi neighborhood of Denver. The planned five-story property will be situated on a small infill lot formerly used for parking. The building will total 32,734 square feet and will include underground parking for 30

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Big Tech Commits to Office, Report Says

Leave a Comment / Office, Rent, Reports /

CommercialEdge just released its October national office report, analyzing the U.S. office market’s performance through September 2021. While there has been plenty of uncertainty around how remote work will continue in the post-pandemic world, tech giants have signaled that offices will play a significant role in their future through the purchase, construction and leasing of office space.

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Home Depot-Occupied Industrial Building Sells in Aurora

Leave a Comment / Brokerage, Industrial, Investment /

A 220,000-square-foot, Class A distribution center, fully leased to The Home Depot at 1953 N. Gun Club Rd. Aurora—within Prologis Park 70, one of Denver’s premier industrial parks—has changed hands. JLL represented the seller, EverWest Real Estate Investors. The building was part of EverWest’s $3.6 billion in assets under management. This includes a Colorado portfolio

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Local Developer Donates $100K to College and Career Centers in Aurora Public High Schools

Leave a Comment / Charity, Education, Events /

It was quite a surprise Tuesday evening when Carlo Ferreira, developer of The Aurora Highlands, donated $100,000 during the Aurora Public Schools (APS) Foundation 9th annual Relentless Gala. Ferreira surprised everyone, including his daughter Carla, the director of Onsite Development of The Aurora Highlands, with his generous donation. During the $1000 paddle raise portion of the fundraiser,

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Movers and Shakers Week Ending 10.15.21

Leave a Comment / Movers and Shakers /

Brian Fitzpatrick Named Vice President and General Manager for Mortenson Denver Mortenson recently announced that Brian Fitzpatrick has been promoted to vice president and general manager of its Denver team, while Gene Hodge will take over leadership of Mortenson’s national innovation and industrialization strategy. “Over the course of his 14 years at Mortenson, Brian has proven

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Transit Oriented Multifamily Development in Olde Town Arvada to Break Ground

Leave a Comment / Construction, Development, Multifamily, Transit /

The Residences at Olde Town Station, a Class A multifamily project in Arvada, will break ground this month. The four-story development features 252 residential units over two levels of structured parking. The project will be enhanced by a mixed-use project south of 56th Avenue across from the Residences, which will include community-focused retail, restaurants, and a

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New Crane Index and Quarterly Cost Report from RLB

Leave a Comment / Construction, Development, Reports /

International property and construction consultancy firm Rider Levett Bucknall (RLB) has released its latest Crane Index and Quarterly Cost Report. Together, the two documents provide an eye-opening perspective on the North American construction industry in 14 key markets, including Denver. With data current to July 1, 2021, the latest RLB quarterly cost report shows that

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Brinkman Purchase Multifamily Property in Grand Junction for $10M

Leave a Comment / Brokerage, Multifamily /

Corner Square, a multifamily property in Grand Junction, has sold to Colorado-based Brinkman Real Estate for $10 million, which reflects a per-unit price of $208,333. Senior Directors Nick Steele and John Laratta, Director Tyler King, and Associate Director Nate Moyer of Berkadia Denver led the transaction on behalf of the seller, Colorado-based Western Constructors. The team also executed the sale

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