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Historic Denver Office Asset Trades for Third Time in Seven Years

Leave a Comment / Brokerage, Office /

The Wheeler Block Building, a designated historic landmark in Denver, has sold to AP Wheeler Block, LLC for $13.5 million. The 33,125-square-foot multi-tenant boutique office building in Denver’s LoHi neighborhood was approximately 98 percent leased at the time of sale. The seller was Wheeler Block Investments, LLC, represented in the transaction by Jon Hendrickson and […]

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Evernest Acquires Legacy Property Management

Leave a Comment / Property Management /

Evernest, a full-service real estate and property management company, headquartered in Birmingham, Alabama, has acquired Denver-based Legacy Property Management. Evernest Founder and CEO, Matthew Whitaker said of the acquisition, “Denver and the front range have been an excellent market for us over the past three years. Any chance we can get to improve our footprint,

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Mile High Trendy Office: Stinson (PHOTOS)

Leave a Comment / Design, Feature, Office, Trendy Office Features /

Law firm Stinson recently consolidated 18 attorneys and 11 staff members from two offices, in the Denver Tech Center and downtown Denver, into one space. The firm is proud to now call 1144 15th Street home. Stinson’s inviting, modern 19,150-square-foot space is located on the 24th floor inside the Class A, LEED-certified office tower, one of

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Knighthead Funding Provides $21.5M Loan for Class-A Office Building in Colorado Springs

Leave a Comment / Development, Finance, Office /

Knighthead Funding LLC has provided a local investor operating as Columbia Victory LLC with a $21.5 million loan to refinance a newly-built Class A, 125,750-square-foot office building in Colorado Springs. The property is part of Victory Ridge, a 153-acre master development that includes retail, office, entertainment, and housing. Located at 10855 Hidden Pool Heights, the property,

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Two Apartment Communities Sell at 9+CO Development

Leave a Comment / Brokerage, Development, Investment, Multifamily /

Chicago-based Equity Residential, a publicly-traded real estate investment trust that invests in apartments, has purchased two apartment communities on Colorado Boulevard for a combined $311 million. Milo and Theo total 594 units at CIM Group and Continuum Partners‘ 9+CO development in Denver. 9+CO is a mixed-use redevelopment of the 26-acre former University of Colorado Health Sciences

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MOB in Basalt Wins HREI Insights Award

Leave a Comment / Awards, Design, Development, Healthcare /

Chicago-based Remedy Medical Properties recently won the 2021 HREI Insights Award for the Best New Medical Office Building of 50,000 to 99,999 square feet. Remedy’s winning project was The Steadman Clinic, a 62,768-square-foot orthopedic care clinic and ambulatory surgery center (ASC) in Basalt, in western Colorado’s Roaring Fork Valley. Peter Westmeyer, CEO of Remedy, notes, “At

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Gelt, Inc. Acquires Willow Point Townhomes for $69M

Leave a Comment / Investment, Multifamily /

Gelt, Inc., a regional real estate investment and asset management company, has acquired Willow Point Townhomes for $69 million in an off-market transaction. The 117-unit rental community is located at 8500 E. Mississippi Avenue in Denver. Built in 2016, and situated on 8.57 acres, the property consists of 30, two-story residential buildings and 274 parking

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Holiday Gift Returns Expected to Stress Supply Chain

Leave a Comment / Industrial, Reports, Retail /

More stress for retailers and the already strained supply chain may be ahead as e-commerce returns are expected to sustain high volumes following the holiday season, according to a new report from CBRE in partnership with Optoro, a provider of returns technology and services for processing retail returns. According to the report, e-commerce returns could

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A Year in Review: Project Retrospectives and a New Frontier Ahead

Leave a Comment / Construction, Development, Feature, Health, Multifamily, Office, Retail, Senior Housing /

By Celeste Tanner, co-founder and chief development officer at Confluent Development 2021 was a year like no other. On the heels of a global pandemic, communities and businesses encountered unprecedented challenges, but also unique opportunities. Against the odds, Denver’s real estate community was one that not only survived, but thrived in many ways. While Denver was

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