Author name: milehighcre

Coworking Expands as Office Vacancy Rates Continue to Rise

According to Yardi, coworking spaces continued to expand across the U.S., with 7,814 locations now covering 140.1 million square feet, reflecting 25% year-over-year growth in inventory. The Southeast led with 1,960 spaces (up 24.2%), followed by the Midwest (up 27.7%), West (up 16.7%), and Northeast (up 17.5%).  Other key highlights:  Western office markets continued to record some of the highest vacancy rates in the nation in February. San Francisco remained the most distressed market […]

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Historic Denver Works to Save the Historic Zuni Steam Plant

Following years of advocacy to Xcel Energy and the City and County of Denver, community members in the Sun Valley and La Alma Lincoln Park neighborhoods, in coordination with Historic Denver, have filed a landmark designation to save the historic Zuni Steam Plant from demolition. This effort comes after Xcel Energy notified community members on

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Construction of Final Industrial Building at EastPark 70 Begins

Consolidated Investment Group (CIG), a leading-edge real estate investment company managing a large, international portfolio, has announced the start of construction of Building 7 at the EastPark 70 business park in Aurora. The new building is the final addition to the 110-acre campus that includes nearly 1.5 million square feet of Class A, build-to-suit industrial/distribution space. The

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Denver City Council Approves $1.5M Contract for 16th Street

On Monday, March 17, the Denver City Council approved a $1.5 million contract—an expansion of an existing $400,000 agreement, bringing the total to $1.9 million—for the 16th Street Activation project between the Downtown Denver Partnership and Denver Arts & Venues. This contract, backed by a super-majority of the council, will provide crucial funding to support

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Postino Opens Location in Westminster

Postino, the all-day restaurant and winecafé known for its cult-like following, welcoming hospitality and inspired spaces, will open its sixth Colorado location this summer at Westminster’s Orchard Town Center. The 3,834-square-foot space is located at 14588 Delaware Street and will seat 142 indoors, with a cozy centralized courtyard patio offering an additional 42 seats. Offering an ever-changing selection

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Movers and Shakers Week Ending 03.21.25

Wilson & Company Appoints Andy Leifheit as Chief Operating Officer Wilson & Company, Inc. Engineers & Architects, a national leader in engineering and architecture with award-winning multidisciplinary projects, announced the appointment and promotion of Andy Leifheit as the company’s chief operating officer. Leifheit’s leadership will be pivotal in navigating Wilson & Company’s path toward its

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Middle Income Housing Nonprofit Reimagines Approach to Project Financing

Fulcrum Communities, a nonprofit restoring housing affordability for working Coloradans, has acquired a newly built property located at 14079 Deertrack Lane in Parker. This acquisition formalizes the official launch of the company, aimed at providing sustainable mixed residential rental options for middle-income families.  “Traditional homeownership is increasingly out of reach for the middle class, and

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The Performance Shift Moves to Creekside Centennial Tech Center

LaPour, in collaboration with Mar-Gulf Management Inc. and MDI Capital, LLC, the international real estate subsidiaries of Kuwait Financial Centre, announced today that The Performance Shift, LLC will be the second tenant at Creekside Centennial Tech Center (CCTC) located in Centennial. Currently under construction, CCTC is scheduled to be completed in April 2025. The Performance Shift will occupy 9,571 RSF of shallow

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Colorado Industrial Contractor Awarded $12M Contract at Chicago O’Hare

Colorado-based Industrial Constructors/Managers, Inc. (ICM), an industrial contractor with offices in Pueblo and Denver, specializing in industrial construction and plant maintenance, has been awarded a $12 million contract to upgrade and expand the baggage handling system for American Airlines in the third terminal at Chicago O’Hare Airport. The new equipment will be supplied by Daifuku, a

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14,500-Seat Women’s Soccer Stadium to be Built at Sante Fe Yards

Denver NWSL has announced its plan to build a purpose-built stadium and recreational district for professional women’s soccer in Denver’s urban core. The state-of-the-art, 14,500-seat stadium will be built at Sante Fe Yards (Broadway and I-25) in the heart of Denver. Santa Fe Yards will be the first purpose-built sports and entertainment district built for

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