Author name: milehighcre

Construction Underway for Two Industrial Buildings in Northern Colorado

Hines has the begun the construction of two Class-A, industrial distribution buildings in Loveland, the most active industrial sub-market in the region. The project, called Brands West, will be located at 5365 Byrd Drive and 5615 Kitty Hawk Drive and is expected to be completed in Q3 of 2022. The project was designed by Powers Brown Architecture’s

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How IoT Is Improving Deliveries in Multifamily Buildings 

By Steven Sperry One of the lasting impacts of the pandemic has been the explosive growth in meal delivery and ECOM usage. As a result, policies and infrastructure are having to play catch up in order to better facilitate this. For example, Colorado recently proposed a bill that requires third-party meal delivery services to sign

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Trion Properties Doubles Down on Denver with Acquisition of Loft 9 Apartments

Trion Properties along with equity partner PCCP, LLC, has acquired Loft 9 Apartments, a 418-unit multifamily community located at 11100 Dartmouth Avenue in Denver, for $82.5 million. The acquisition more than doubles the firm’s holdings in the Denver metro area, bringing its portfolio to over 700 units since entering the market last year, and over 1,100 in the state of

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Movers and Shakers Week Ending 10.29.21

Denver-based Corum Real Estate Group Hires Vice President of Operations Corum Real Estate Group announced the appointment of David Myers as the company’s new vice president, Operations. Myers joins Corum as the company continues to focus on the growth of its commercial and multifamily management platforms. “We are thrilled to have David join our team. Corum’s investment in this

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Southern Land Company and GTIS Partners Complete Sale of Bespoke Uptown

Southern Land Company and GTIS Partners have sold Bespoke Uptown, a mixed-use project at 17th and Pearl Street in Denver. The 10-story community —completed in 2020 — features 316 luxury apartment homes and more than 12,000 square feet of ground-level commercial space, sold to PPF AMLI 1633 North Pearl St. LLC, an entity associated with AMLI

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McWhinney Awarded Hyatt 2021 Select Strategic Partner Award

Hyatt, one of the world’s leading hospitality companies, annually recognizes top hotel owners, operators and developers with awards in categories such as strategic partner, developer of the year, best renovation and best new hotel. This year, McWhinney is the receipient of 2021 Strategic Partner Award that celebrates a company’s culture, performance and operating philosophies, along with

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Decatur Fresh Market to Open in Denver Food Desert

Denver Housing Authority (DHA) just announced Decatur Fresh Market, operating under the Youth Employment Academy (YEA), will open in the Sun Valley neighborhood of West Denver on November 2 at 7 a.m. Decatur Fresh is an international grocery market, workforce training program, and community space for the Sun Valley Neighborhood and broader West Denver community. Located in a food desert,

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Prime West Break Ground on Mixed-Use Project in Denver’s Sunnyside

Prime West, a Denver-based developer, recently broke ground on its latest mixed-use project on a 0.8-acre site at 42nd and Jason Streets in Denver. Alloy Sunnyside is a 209-unit, 8-story, 258,105-square-foot mixed-use building, with a focus on affordability. Catamount Constructors is the general contractor and RATIO is the architect. According to the site development plan approved

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Projex to Relocate Operations to RiNo

Projex Inc., a growing Denver-based Teknion architectural wall and furniture dealership company, along with sister company Culture, will move its operations to 2641 Walnut Street in RiNo, an 8,645-square-foot building on 0.14 acres. Matt Magrann, co-founder and CEO of Projex and Culture, acquired the building from Diablo Media for $3.875 million. Mr. Magrann co-founded Projex with Hal

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Main Street Station in Breckenridge Sells for $16.75M

Following a competitive bid process, Birmingham-based companies  Southern Oak Capital (SOC) and Green Rock, LLC have purchased Main Street Station, a fully leased, 34,652-square-foot high-street retail asset at the base of the mountain in Breckenridge. Southern Oak paid $16.75 million, according to a JLL press release. The property was built in 2002 and consists of three buildings

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