Author name: milehighcre

Metro Denver EDC Report Highlights Colorado’s Key Strengths and Challenges

The Metro Denver Economic Development Corporation (Metro Denver EDC), a part of the Denver Metro Chamber of Commerce family of organizations, today released its annual Toward a More Competitive Colorado(TMCC) report – a yearly benchmark of Colorado’s strengths, challenges and opportunities regarding future job growth and economic expansion. The economic development group has been gathering […]

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Denver-Based Everwest Partners with Oxford Properties Group to Target $1B in Industrial Real Estate

Oxford Properties Group has formed a joint venture with EverWest Real Estate Investors to acquire and develop approximately $1 billion of infill, small-bay, industrial properties across the U.S. Alongside its formation, the joint venture also announced the acquisition of six initial assets totaling more than 1.1 million square feet across Denver, San Diego, Portland, Phoenix,

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Confluent Development Breaks Ground on 42 Units in Platt Park

On December 7, Confluent Development, Pinkard Construction and OZ Architecture, in partnership with Narrate Companies, celebrated the groundbreaking for the project partners’ first multifamily project, Carraway on Penn. The project is located just two blocks from the Louisiana/Pearl light rail station in Denver’s desirable Platt Park neighborhood. “Carraway on Penn represents a unique project for Confluent

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Movers and Shakers Week Ending 12.10.21

Norris Design Appoints Principal in Denver Office Norris Design, a national planning, landscape architecture and branding firm, has announced the promotion of Katrina Kowalski to principal in the Denver office. With more than 17 years of experience building brands and placemaking for hospitality, residential, commercial, municipal, and mixed-use developments from coast-to-coast, Katrina brings brands to life through experiential

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Newly Constructed Multifamily Property in Wheat Ridge Sells to Seagate Colorado Partners

Seagate Colorado Partners, LLC, a seasoned, creative real estate investment company focusing its energies in urban and suburban areas in the Western United States, has purchased the newly constructed Outlook Clear Creek, a 310-unit multifamily property in Wheat Ridge, for an undisclosed sum. Seagate purchased the property from Evergreen Development. CBRE Capital Markets’ Debt &

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Trailbreak Partners to Upgrade Student Housing Apartment Community in Fort Collins

Denver-based Trailbreak Partners has acquired the 107-unit Eleven 13 Apartments in Fort Collins, for $24.7 million. Built in 1966, Trailbreak Partners plans to spend more than $2 million on value-add renovations to upgrade the property. Eleven 13 Apartments is located at 1113 W Plum St, just steps from Colorado State University. Fort Collins offers a small college-town feel with a dynamic mix of natural beauty, a

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McGregor Square Announces Three New Office Tenants

McGregor Square, Denver’s new multi-use development in historic LoDo has announced three new office tenants: Exclusive Resorts, a members-only vacation club designed for families; Cologix, which provides access to scalable interconnection hubs and hyperscale edge data center colocation services in strategically located facilities, and The True Life Companies, which seeks to establish infill housing growth

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DCPT Secures Funding for Equitable Housing Solutions and Enterprise Spaces in Denver

The newly established Denver Cultural Property Trust (DCPT) announced today that it has secured ZOMA Foundation as its purpose investor at $4 million alongside Pacific Western Bank as its senior lender at $4 million, fully funding the not-for-profit entity’s initial offering of $8 million so it can begin fulfilling its mission to acquire and develop more equitable housing solutions and

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Renovated Apartment Community in Thornton Sells for $38.5M

Pathfinder Partners, a San Diego-based private equity firm specializing in multifamily real estate investments, announced this week the sale of Hadley Apartments in Thornton, to an undisclosed buyer, for $38.5 million. Hadley is a 140-unit multifamily community with a mix of one and two-bedroom apartments averaging 760 square feet. Since acquiring the property in 2017, Pathfinder

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FlyteCo Brewing to Replace Punch Bowl Social at Former Stapleton International Airport

Aviation-themed FlyteCo Brewing announced yesterday that it will its second location at the former Stapleton International Airport Control Tower. FlyteCo will maintain many of the game-focused elements installed from its predecessor Punch Bowl Social, which closed due to the pandemic. The brewpub expects to open in summer 2022 attached to the iconic 164-foot-tower. “The decision to pursue

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