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Farmland by Westminster Castle to be Redeveloped

Leave a Comment / Affordable Housing, Development, Multifamily /

According to Westword, on December 21, Westminster City Council approved a proposal to develop 233 acres, formally known as Uplands, into a mixed-use neighborhood in Westminster. Oread Capital & Development — that acquires, develops, and operates best-in-class residential and mixed-use communities, primarily in the Denver and Boulder market areas  — plans to build 2,350 small to mid-sized dwelling […]

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Newly Redeveloped Clayton Members Club & Hotel Refinanced

Leave a Comment / Brokerage, Hospitality, Investment /

BMC Investments has closed on a $37 million loan from private investment firm Rockbridge, for the refinancing of the newly redeveloped Clayton Members Club & Hotel, a 63-key boutique hotel with seven bars and restaurants, meeting space, and a members’ club located in the heart of Cherry Creek North. Clayton Members Club & Hotel has quickly emerged

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Downtown Denver Partnership Announces New CEO

Leave a Comment / CRE People, Development /

The Downtown Denver Partnership recently announced that Kourtny Garrett will lead the organization as CEO beginning in January 2022. Garrett will join the Partnership from Downtown Dallas, Inc. (DDI), where she has served as president and CEO for nearly six years. In August, the Partnership’s current President and CEO Tami Door, announced that she would

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Historic Union Pacific Building at Coors Field Sells for $25.5M

Leave a Comment / Brokerage, Hospitality, Retail /

Dallas-based L&B Realty Acquisitions, LLC has purchased the historic Union Pacific Building at Coors Field in downtown Denver for $25.5 million. Located outside the third base gate of Coors Field, the 36,441-square-foot retail building was 100 percent leased with key tenants including the Denver Chophouse and Old Chicago. The seller was Thermo Union Pacific, LLC, which was

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Chicago Developer to Begin Construction of 346 Units in Colorado Springs Opportunity Zone

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

Chicago-based developer Jackson Dearborn Partners (JDP) will soon begin the ground-up construction of Solace at Cimarron Hills, a 346-unit multifamily community in Colorado Springs composed of 10 individual buildings and spanning approximately 366,440 rentable square feet. The 28.8-acre site is ideally located on the east side of the rapidly growing MSA of Colorado Springs along Powers

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Why Infrastructure Investment and Jobs Act Matters For CRE

1 Comment / Investment, Reports /

Cushman & Wakefield has published a new report Infrastructure Investment And Jobs Act: Why It Matters for Commercial Real Estate. On November 15, President Biden signed the bipartisan Infrastructure Investment and Jobs Act (IIJA) into law. Carved out of the more aggressive Build Back Better vision, it marks one of the most significant investments in

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Movers and Shakers Week Ending 12.24.21

Leave a Comment / Movers and Shakers /

McWhinney Adds New Leadership Team Members  McWhinney, a Colorado-based real estate investor and developer in commercial, multifamily, hospitality, residential and mixed-use assets, recently welcomed three new key leadership members to the expanding organization. Derek Evans is now serving as McWhinney’s new chief financial officer. Evans will guide McWhinney’s corporate strategy on all financial matters, oversee

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Hines Pledges to Increase Investment Focus on Life Science Sector

Leave a Comment / Development, Health, Healthcare /

Hines recently outlined its plan to place a larger emphasis on investing in more life sciences sector opportunities. This market outlook is supported by the heightened focus the pandemic has placed on life sciences within the commercial real estate industry. According to CBRE, Denver is the tenth-largest U.S. life sciences market in the U.S. in terms

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McWhinney’s Newly Constructed Distribution Facility Sells for $94.8M

Leave a Comment / Brokerage, Industrial /

McWhinney has sold its brand new 200,864-square-foot Class A warehouse/distribution building in Broomfield, for $94.8 million. The buyer was Realterm Logistics, a vertically integrated owner and manager of high flow-through (HFT) logistics facilities serving the transportation industry that is based in Annapolis, Maryland. Located at 400 West 160th Avenue, on 53 acres, the property is currently leased to

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Semple Brown Providing Design Services for the Colorado Photographic Arts Center

Leave a Comment / Architecture, Design, Development, interior design /

Semple Brown Design, a Denver-based architecture and interior design firm, will provide design services for the Colorado Photographic Arts Center (CPAC), which will be moving to 1200 Lincoln St., Suite 111 in Denver. CPAC is the only Denver institution dedicated exclusively to the art of photography and the new, 4000-square-foot suite will provide the growing

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