Author name: milehighcre

Dairy Block Awarded 2021 Americas Award for Excellence by ULI

Dairy Block has been honored with a 2021 Americas Award for Excellence from the acclaimed Urban Land Institute (ULI). Developed by McWHINNEY, Sage Hospitality Group and Grand American, Inc., Dairy Block is a mixed-use redevelopment of an entire historic downtown Denver block that once housed Denver’s Windsor Dairy. Opened in 2017 and home to Denver’s first activated […]

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Mile High Climber: Sara Bonacquist, Associate with Design Workshop

Mile High CRE is excited to announce that August’s Mile High Climber is Sara Bonacquist, associate with Design Workshop. Mile High Climbers are industry professionals who are new to their field or are in the early years of the profession. They innovate, inspire, collaborate, and take risks. They are future leaders and change-makers, and they

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Meritage Homes Introduces New Three-Story Townhome Product

Meritage Homes, the sixth-largest public homebuilder in the U.S., has announced their newest product, three-story townhomes, available across three communities in Broomfield and Arvada. This new product line offers three different floorplans ranging from 1,788 square feet to 2,183 square feet, with the option for a rooftop deck. With inventory tight in the Denver market

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Residence Inn Steamboat Springs Sells for $33M

The newly-built Residence Inn Steamboat Springs in Steamboat Springs, Colo., has sold for $33 million to Summit Hotel Properties, a leading publicly-traded lodging real estate invetment trust based in Austin, Texas. Mark Darrington, Larry Kaplan and Rick Rush with CBRE represented the seller, Pine Grove Hotel Venture, LLC. The three-star 110-room property is located at 1480

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Sale of Office Building Shows Continued Demand for Office in Colorado Springs

Synergy Corporate Center, located at 5225 N. Academy in Colorado Springs, has sold to a Colorado-based investor group that purchased the asset from Great Western Foloh, LLC for $6.55 million. The 44,256 rentable square-foot office building is located along the North Academy corridor and benefitted from approximately 90 percent occupancy at closing, providing sustainable cash

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Movers and Shakers Week Ending 07.30.21

Jay Despard joins Rockefeller Group Rockefeller Group announced that veteran Denver real estate investment and development executive Jay Despard has joined the company as senior managing director and head of the firm’s new Rocky Mountain Region. Mr. Despard was previously a senior managing director in Colorado for Hines. Based in Denver, Mr. Despard will have

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Alliance Construction Solutions Building Townhomes in Highline Village

Alliance Construction Solutions (Alliance) recently began construction of four three-story, for-rent townhome buildings in Aurora’s Highline Village neighborhood, located directly west of Aurora Hills Golf Course. The buildings will provide twenty-two units of additional housing to the neighborhood. The project is owned by Highline Village Townhomes, LLC and designed by KTGY. The team began work on June 1st and

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Saunders Receives Construction Financing for 203-Unit Apartment Community in Englewood

Saunders Commercial Development Company has received $43 million in structured construction financing for the development of Winslow Crane Apartments, a 203-unit, Class A, garden-style multi-housing community in Englewood. Winslow Crane Apartments will feature unparalleled amenities and finishes. Once completed in 2022, the three-story property will consist of one- and two-bedroom units ranging from 546 to

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CentrePointe Properties Acquires Centennial Office Building for $14.2M

Highland Place II, a 143,175-square-foot office property in Centennial, has sold for $14.255 million to Denver-based commercial real estate investment firm CentrePointe Properties. Patrick Deveraux, James Brady, and Campbell Davis with CBRE Capital Markets in Denver represented the seller, Atlas Real Estate Partners. Located at 9110 E. Nichols Avenue, between the County Line and Dry Creek

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540-Unit Mixed Use Apartment Complex Coming to RidgeGate Station in Lone Tree

Regency Partners has closed on the land that will deliver 540 units of transit adjacent housing at the RTD RidgeGate Station on the east side of I-25 just south of RidgeGate Parkway. Construction is expected to begin this summer and will be completed by Shaw Construction in two phases with the first residents occupying the

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