milehighcre, Author at Mile High CRE

Movers and Shakers Week Ending 12.24.21

Leave a Comment / Movers and Shakers / milehighcre

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 / milehighcre

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 / milehighcre

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 / milehighcre

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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11 Things to Consider When Investing in Office Property

Leave a Comment / Brokerage, Design, Development, Feature, Office / milehighcre

By Ben Crosby As the worst of the COVID-19 pandemic in the United States seems to be behind us now, and companies are starting to bring their people back into the office, maybe not full time, but at least some of the time, interest in office property is picking up again. In fact, only about

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Denver Ranks Among the 50 Most Competitive Rental Markets in the U.S.

Leave a Comment / Multifamily, Rent, Reports / milehighcre

According to RentCafe’s Year-End Report, the 2021 rental season brought fierce competition among apartment-dwellers nationwide, as they faced a rental market pressured by high demand, low-apartment availability and applications with top-notch credit scores. Known as the poster child for rental competitivity in the Colorado area, Denver ranked 38 among the top 50 most sought-after rental markets

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Alturas Acquires DTC Office Building

Atlas Real Estate Celebrates Season of Giving

Leave a Comment / Brokerage, Charity, Property Management / milehighcre

Denver-based Atlas Real Estate is giving back to the Denver community this holiday season by providing rent relief, holiday meals and toy donations to families in need. Atlas is providing financial relief to four families this year by covering their rent in January. “At Atlas, we are committed to engaging and giving back to the

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1900 Lawrence to Break Ground March 2022

Leave a Comment / Architecture, Construction, Design, Development, Health, Office, Retail / milehighcre

1900 Lawrence, a 30-story, Class A office tower located in Denver’s West CBD submarket, has received the go-ahead to begin construction in March 2022. Riverside Investment & Development Company and Convexity Properties have partnered with Canyon Partners Real Estate LLC that made an $80 million preferred equity investment in the development concurrent with the closing of a

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NorthPeak Teams Up with Blue West Capital to Sell Western Slope Portfolio

Leave a Comment / Brokerage, Industrial, Multifamily / milehighcre

On December 13, The Western Slope Portfolio — consisting of 143,377 total square feet made up of 59 single-family properties, 52 multifamily units and three industrial properties in Grand Junction — sold for $15,873,000 to an undisclosed buyer. Principals Scott Fetter & Joe Hornstein at NorthPeak Commercial Advisors, teamed up with Tom Ethington, managing partner at

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Author name: milehighcre