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Two Distribution Buildings within 76 Commerce Center Change Hands

Leave a Comment / Brokerage, Development, Industrial /

As industrial demand in Denver accelerates amid the pandemic-fueled growth of e-commerce and warehouse inventories, Principal Real Estate Investors has purchased two buildings within 76 Commerce Center, a Class A logistics park in Denver’s I-76 corridor, from sellers Mortenson Properties, Inc. and Hyde Development. Buildings 4 and 5 total 618,480 square feet and are fully leased. […]

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Affordable Senior Housing Project Breaks Ground

Leave a Comment / Affordable Housing, Construction, Development /

The Housing Authority of the City of Aurora (AHA) has begun the construction of Liberty View at Fitzsimons on a 2.3-acre site located next to the Veterans Community Living Center at Fitzsimons. The $20 million tax credit financed deal has been in the works for more than a decade and will create 59 independent living apartments

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Mile High Climber: Nicolaus Demetrian, Associate Broker at Cushman & Wakefield

Leave a Comment / Feature, Mile High Climber /

Mile High CRE is excited to announce that January’s Mile High Climber is Nicolaus Demetrian, associate broker with Cushman & Wakefield’s Retail Sector. Mile High Climbers are industry professionals who innovate, inspire, collaborate, and take risks. They are future leaders and change-makers, and they deserve to be celebrated. As an associate broker at Cushman & Wakefield, Nicolaus

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Stantec Kicks Off Phase II of Facilities Master Plan for Department of Human Services

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

Global integrated design firm Stantec has completed the first phase of a comprehensive facilities master plan for the Colorado Department of Human Services (DHS). The process is part of a larger facilities master planning effort to help DHS maximize close to 4 million square feet of real estate assets across 20-plus properties statewide to better

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Denver Industrial Market Posts Record-Breaking Year Across Multiple Metrics

Leave a Comment / Industrial, Reports /

In Q4 2021, the Denver industrial market recorded record-breaking stats across all metrics, according to CBRE’s Q4 report on Denver industrial. Vacancy and Availability The total availability rate continued to compress in Q4 2021, falling 192 bps year-over-year to 7.5%. Direct vacancy fell to 5.4%, a decline of 117 bps year-over-year. Despite increased supply, these

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Omicron Causes Further Delay in Return-to-Office

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

While the summer of 2021 was marked by increased optimism regarding a fall return to the office, the emergence of the Delta and Omicron variants put plans on hold for the foreseeable future. When a return to the office does finally happen, office utilization will look much different than it did two years ago. CBRE’s

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Colorado Landlords Received the Most Rent Payments in 2021, Survey Says

Leave a Comment / Multifamily, Rent, Reports /

In 2020, as expected, landlords receiving full rent payments gradually decreased month over month as the pandemic surged. However, in 2021, reflecting improving economic and public health, landlords receiving full rent payments began to recover and trend upwards. In order to look at this trend more closely, TurboTenant has released its State of the Rental

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Denver-Based Choice Market to Launch Mini-Market on Anschutz Medical Campus

Leave a Comment / Development, Healthcare, Hospitality, Retail /

Denver-based Choice Market and Health Hospitality Partners (HHP), based in St. Louis, will bring the first retail market in a healthcare setting to the University of Colorado Anschutz Medical Campus. The mini-market and specialty kitchen will be geared toward on-the-go healthcare workers, students, faculty, and staff. “We couldn’t be more excited to announce this partnership with HHP

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103-Unit Affordable Multifamily Property in Glendale to be Renovated

Leave a Comment / Multifamily, Renovation /

Kairos Investment Management Company (KIMC), a firm that focuses on value-based real estate investments with favorable risk/reward characteristics, has acquired Forest Manor Apartments, a 103-unit affordable multifamily property in Glendale, As part of KIMC’s value-add strategy with affordable housing, the company plans to renovate the asset by implementing interior and exterior upgrades aimed at elevating

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