milehighcre, Author at Mile High CRE

CP Capital US and Greystar Announce ‘Brighton Park’ Project

Leave a Comment / Construction, Development, Investment, Multifamily / milehighcre

CP Capital, a highly disciplined U.S. real estate manager specializing in multifamily investments, has entered into a joint venture with Greystar to develop a 288-unit multifamily community in Brighton. Located at the intersection of Longs Peak Street and N. 42nd Avenue, the Brighton Park project is located in the heart of Brighton, home to over 41,000 residents. […]

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Net Zero Energy Building Design and How to Achieve It

Leave a Comment / Development, Energy, Feature / milehighcre

By Laci LeBlanc Global warming is no longer up for debate, and the next steps to address the climate crisis have been put in place. The Paris Agreement mandates net zero carbon emissions by 2050 and the Biden Administration has agreed to the same goal. The building sector accounts for 40 percent of all greenhouse

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Doors Open Denver to Feature Nine New Sites

Leave a Comment / Design, Development, Events / milehighcre

Doors Open Denver 2021, the Denver Architecture Foundation’s premier event showcasing the richness and history of the Mile High City’s built environment and promoting quality design, will take place September 27 through October 17, featuring nine sites never before offered during DOD. This year, the event will include virtual tours, in-person tours and archived virtual tours. For the 2021

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High Quality Office Assets Driving Up Rates in Denver

Leave a Comment / Office, Rent, Reports / milehighcre

CommercialEdge just released its September national office report, analyzing the U.S. office market’s performance through August 2021. Average listing rates often reflect the quality of assets being offered in the market rather than underlying fundamentals. A case in point is Denver, where rates have increased 3.3 percent over the last year despite vacancies increasing 600 bps

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Denver-Based McWhinney Makes Salt Lake City Debut

Leave a Comment / Development, Multifamily / milehighcre

McWhinney, a national real estate investment, development and management firm with expertise in commercial, multifamily, hospitality, residential and mixed-use assets, is excited to enter the Salt Lake City market with the completion of a joint venture agreement with local developer RL Group and Colorado’s Sage Hospitality Group for the redevelopment of two former Red Lion

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Grand Opening: Kiewit Corporation HQ in Lone Tree

Leave a Comment / Architecture, Construction, Development, Office, Transit / milehighcre

On September 15, Kiewit Corporation, one of the largest construction and engineering organizations in North America, celebrated celebrated the grand opening of the new state-of-the-art 252,000-square-foot building on its new campus at the Lone Tree regional headquarters. The headquarters is a 12-acre campus designed to accommodate approximately 1,700 employees, bringing all of Kiewit’s Denver-area employees onto

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Cap Rates to Remain Stable Across Property Types Through Year-End

Leave a Comment / Industrial, Investment, Multifamily, Office, Rent, Reports / milehighcre

A new CBRE survey finds that more than two-thirds of real estate investors exhibited increased risk appetite in H1 2021. Investors now broadly expect cap rates to remain stable or compress across most property types through the end of the year. Capitalization rates—usually called cap rates—measure a property’s value by dividing its annual income by

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Movers and Shakers Week Ending 09.17.21

Leave a Comment / Movers and Shakers / milehighcre

Atlas Real Estate Emphasizes Culture and Talent with New Hire Atlas Real Estate, a Denver-based residential real estate brokerage and property management company, announced the addition of Christopher Frierson as vice president of Talent and Culture. In this newly created role, Frierson will continue to advance and shape the firm’s culture across its markets. “Christopher has an impressive

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IG Logistics Buys 29,800 sq. ft. Last Mile Warehouse in Denver for $3.2M

Leave a Comment / Brokerage, Industrial, Investment / milehighcre

Following last month’s purchase of Lipan Street Industrial Park site for $21 million, New York-based IG Logistics has made its second acquisition in Denver, acquiring a last-mile warehouse facility at 5105 Cook Street. The site was purchased for $3.2 million in an off-market deal. The nearly 29,800-square-foot facility spans three acres and features a yard and 8,000

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New-Build 60-Unit Apartment Building Sells for $17.5M

Leave a Comment / Brokerage, Development, Multifamily / milehighcre

Berkadia Denver and Berkadia Seattle have announced the $17.5 million opportunity zone sale and over $13 million in financing secured for Mile High Place, a 60-unit midrise multifamily property located at 1586 Hooker Street in Denver. Built by Highland Builders, Mile High Place is a new-build development located in Denver’s burgeoning Sloan’s Lake neighborhood. The property is

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Author name: milehighcre