The City and County of Denver and the nonprofit National Western Center Authority will provide $400,000 to Globeville and Elyria-Swansea neighborhoods to enlist their choice of professional advisors to secure community benefits at the National Western Center redevelopment. The funding, approved by Denver City Council on Monday, Oct. 4, will come from the city’s contingency
Today, Trez Capital announced the closing of a bridge loan in excess of $30 million to Denver-based CRE Development Investments, led by Leon Cisneros, for the lease-up and stabilization of Art District Flats, a new mixed-use development with 126 units and 6,400 square feet of ground-floor retail in Denver’s popular Art District. The recently opened eight-story,
Newly Opened Mixed-Use Development in Denver’s Art District Secures $30M Bridge Loan Read More »
Texas-based Alan Ritchey, Inc. (ARI), a multi-industry company that provides services to the government, industrial, agriculture, energy and transportation sectors, has signed a 594,138-square-foot industrial lease at Stafford Logistics Center in Aurora. ARI will occupy Building 1, a newly-constructed speculative industrial building, in October 2021. This transaction marks the largest lease at a speculative property in the
CBRE Negotiates Largest Speculative Lease in Denver Since Q1 2020 Read More »
Urban Land Institute (ULI) Colorado celebrated six projects and two individuals before an audience of 450 attendees at the fifth IMPACT Awards held at the Seawell Ballroom, Denver Center for the Performing Arts, on September 23. Since 2013, the IMPACT Awards have highlighted ULI best practices in land use and real estate. “The winning projects and people highlight
Social Equity and Major Mixed-Use Project Highlight ULI Colorado’s 2021 IMPACT Awards Read More »
According to a NorthMarq press release, Griffis Residential has purchased The Amaranth, 156-unit Class A multifamily property located at 2190 E. 11th Avenue in Denver, for $90.53 million. Dave Martin, managing director, and Brian Mooney, vice president, of NorthMarq’s Denver investment sales team, listed and completed the sale, a high-water mark for price per square foot in
Apartment Property Overlooking Denver Botanic Gardens Sells for $90.5M Read More »
Galloway & Company, Inc., a national architecture and engineering firm, has acquired Utah-based JRCA Architects, which specializes in the design of healthcare, public works, and public safety facilities, as well as government and justice centers. The firm’s expertise in these markets will complement Galloway’s extensive portfolio in the commercial, multifamily, industrial, and federal markets. “JRCA brings an excellent
Denver-Based Architecture and Engineering Firm Acquires Utah-Based Firm Read More »
New VP of Finance and Operations Joins Farnsworth Group Farnsworth Group, Inc., a national full-service engineering, architecture, and survey firm, announced that Chris Payne has joined the company to serve as vice president, Finance and Operations. Payne joins Farnsworth Group with deep roots in the Architecture/Engineering consulting industry and brings more than 15 years of experience in financial
Movers and Shakers Week Ending 10.01.21 Read More »
According to a new study, 40 percent of the workforce has returned to the office as of September and the majority is expected to return in early 2022. The new report, Predicting the Return to the Office, conducted by Cushman & Wakefield’s global research team, analyzes office return data from across the globe, as well
Majority of Office Workers Expected to Return in Q1 2022, Report Says Read More »
CBRE has released a new report that predicts that the U.S. industrial market is on pace for a record leasing volume with activity through July 2022, reaching 587 million square feet—52 percent more than the year-earlier period. Sharply higher transportation costs—which are rising faster than rental rates—is helping to fuel this robust leasing activity. Similar to national
Denver on Pace to Set Record for Industrial Net Absorption Read More »
GH Phipps joined Littleton Public Schools and Newton Middle School for a ribbon cutting ceremony to mark the opening of the new Newton Middle School. The new 165,890-square-foot school is the flagship project for the LPS 2018 Bond Program and is Little Public School’s first replacement school in several decades. Designed by RTA Architects, the
GH Phipps and Newton Middle School Celebrate Opening of New School Read More »
