Author name: milehighcre

Two Buildings Refinanced at S’Park in Boulder

Two newly constructed properties that are part of the S’PARK master-planned community in Boulder, have been refinanced. PGIM Real Estate provided a $77 million loan—done through its U.S. core-debt strategy—to the joint venture of The John Buck Company, Kinship Capital, and Element Properties. The first property, Timber, features 150 luxury multifamily units and 2,000 square feet of

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Denver Industrial Shows Strong Leasing Demand and Job Growth

The Denver metro area’s industrial-centric employment is now larger than it was prior to the pandemic, according to Avison Young’s Q2 2021 Denver Industrial Insight Report. Between February 2020 and May 2021, Denver added 3,000 new industrial jobs as total industrial employment now stands at 327,500. Transportation, warehousing & utilities jobs have accounted for most

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One River North Prepares to Break Ground

Following two years of intense design and preconstruction collaboration, Saunders Construction is preparing to break ground on One River North, a unique new 16-story residential building with ground-level restaurant/retail and underground parking, located at 3930 Blake Street in RiNo. The developer for One River North is R Cap Blake Street LLC., Saunders Construction is the general contractor on

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Wellness Clinic Operator Names Colliers for Real Estate Expansion

Mitesco, Inc., a leading operator of wellness clinics that combine technology and customized personal care plans, has chosen Colliers, a leading professional services and investment management company, to lead its real estate efforts in support of its nationwide expansion. Colliers acquired Dougherty & Company—now Colliers Mortgage and Colliers Securities—to provide mortgage banking, loan servicing, mortgage brokerage, and investment banking

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Affordable Senior Housing in the Works for Colorado Springs 

Denver-based MGL Partners, a multifamily, senior, workforce, and affordable housing developer, has been selected by nonprofit Silver Key Senior Services to develop a new affordable senior living facility in Colorado Springs.  “This partnership with Silver Key allows us to further pursue a crucial piece of our mission—bringing quality housing to the communities that need it most,” said Dani Vachon, development manager at

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Uplight Returning to the Office with a Bang

By Matt Magrann, co-founder & CEO of PROJEX Inc. Over the past year and a half, our lives have been flipped upside down. COVID forced us into a new “normal” that would significantly impact our lives personally and professionally. With the vast majority of us working from home, business owners had big decisions to make with large

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Shea Homes Closes on 185 Acres of Land at RidgeGate in Lone Tree

Shea Homes has closed on 185 acres of land (the first of five phases) that will become an exciting new community on the east side of RidgeGate in Lone Tree. Shea Homes is the master homebuilder of the upcoming “Lyric” community and will work alongside several other select homebuilders, to build approximately 1,900 homes—ranging from condos and townhomes

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Rare Industrial Property in Denver Sells for $21M

According to Cushman & Wakefield, Lipan Street Industrial Park in Denver has sold for $21 million to New York-based IG Logistics LLC, Imperium Capital’s Industrial platform. The unique property, totaling approximately 34.4 acres, is located at 6045 Lipan Street and features outside storage, trailer parking, administrative offices, a fueling station, and a truck maintenance facility. The seller

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Phase II of North Washington Commerce Center Breaks Ground

The Opus Group has broken ground on two speculative industrial buildings at North Washington Commerce Center, a multi-tenant park in Thornton. The buildings, 118,422 square feet, and 163,686 square feet, are the second phase of the development, which offers a variety of sizes, clear height, and loading options. “Opus is thrilled to deliver additional space within the

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