Author name: milehighcre

Movers and Shakers Week Ending 10.01.21

New VP of Finance and Operations Joins Farnsworth Group Farnsworth Group, Inc., a national full-service engineering, architecture, and survey firm, announced that Chris Payne has joined the company to serve as vice president, Finance and Operations. Payne joins Farnsworth Group with deep roots in the Architecture/Engineering consulting industry and brings more than 15 years of experience in financial […]

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Majority of Office Workers Expected to Return in Q1 2022, Report Says

According to a new study, 40 percent of the workforce has returned to the office as of September and the majority is expected to return in early 2022. The new report, Predicting the Return to the Office, conducted by Cushman & Wakefield’s global research team, analyzes office return data from across the globe, as well

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CRE Industrial Trends_Taylor Cole

Denver on Pace to Set Record for Industrial Net Absorption

CBRE has released a new report that predicts that the U.S. industrial market is on pace for a record leasing volume with activity through July 2022, reaching 587 million square feet—52 percent more than the year-earlier period. Sharply higher transportation costs—which are rising faster than rental rates—is helping to fuel this robust leasing activity. Similar to national

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GH Phipps and Newton Middle School Celebrate Opening of New School

GH Phipps joined Littleton Public Schools and Newton Middle School for a ribbon cutting ceremony to mark the opening of the new Newton Middle School. The new 165,890-square-foot school is the flagship project for the LPS 2018 Bond Program and is Little Public School’s first replacement school in several decades. Designed by RTA Architects, the

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Jeffco Schools Foundation to Hold Fundraising Event to Help Grow Local Design and Construction Talent Pipeline

The Jeffco Schools Foundation (JSF) Gala is fast approaching and will help to support over 84,000 Jeffco students to thrive and to access their bright futures. Funds are needed to continue this history of support for Jeffco students. Efforts supported through JSF, in partnership with Jeffco Public Schools programs such as CareerLinks, workbased learning, apprenticeships,

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Apartment Community in Littleton Sells for $134M

Global real estate investment company Kennedy Wilson has acquired Griffis Marston Lake, a wholly owned 332-unit suburban apartment community located at 4601 S Balsam Way, Littleton, for $134 million. Kennedy Wilson invested $62 million of equity and secured a 10-year, $76 million loan at a fixed-rate of 2.7 percent. “Griffis Marston Lake is an ideal

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New MOB to be Developed at New SCL Health Campus in Wheat Ridge

Denver-based national healthcare real estate developer NexCore Group announced today it will break ground on a new Medical Office Building (MOB) in late 2022, on the new SCL Health Lutheran Medical Campus in Wheat Ridge. Clear Creek Crossing will be a five-story, 130,000-square-foot facility that will be the first medical office building on the new 28-acre hospital campus,

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Nominate a Project for the 2021 Mayor’s Design Awards

After a one-year pause, the Mayor’s Design Awards are returning in 2021 to highlight the best in urban design in Denver. Since 2005, the Design Awards have honored projects throughout the city for excellence in architecture, exterior design and place-making. The awards are presented to Denver homeowners, business owners, nonprofits, artists and others for their creative

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Mile High Trendy Office: Kiewit Regional Headquarters (PHOTOS)

The new Kiewit headquarters in Lone Tree is a central hub and regional campus intentionally designed to accommodate 1,700 employees across different functions of Kiewit’s business, while embracing the company’s culture, showcasing its brand and inspiring its employees. The first state-of-the-art, 252,000-square-foot office building—dubbed K1—is now complete. Upon completion of the second building (K2), which topped out

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Speculative Office Building Secures Construction Financing

Schnitzer West and Craft Companies, LLC a Denver-based, multi-directional real estate firm, have secured $76.97 million in funding from Canada’s Otera Capital, for the completion of The Current, River North, a 12-story Class-A office tower development in RiNo. The project is part of Schnitzer West’s regional development pipeline of more than 1.5 million square feet of office

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