Author name: milehighcre

McWhinney Strengthens Environmental Stewardship, Healthy Living at Centerra

By David Crowder and Celeste Smith At Centerra, the 3,000-acre master-planned community in Loveland, giving back and supporting impactful community engagements are key principles that help strengthen its connection to the broader Northern Colorado region. McWhinney, as the master developer of Centerra, continually looks for opportunities to support those in need while engaging local residents in fun and […]

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SMPS Colorado Announces Marketing Excellence Award Winners

The Society of Marketing Professional Services (SMPS) Colorado Chapter hosted their annual Marketing Excellence Awards event on Thursday, May 20 at Asterisk in downtown Denver. A celebration of the outstanding achievements of Colorado’s top A/E/C firms and professionals, the event was emceed by Josh Miles, author of Bold Brand 2.0 and host of podcasts Obsessed Show and PSM Show.

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Stantec-Designed Animal Hospital Opens at Denver Zoo

Denver Zoo’s state-of-the-art Helen and Arthur E. Johnson Animal Hospital is now open to the public. The new facility, which replaces the nearly 40-year-old hospital, is designed to treat the Zoo’s 3,000-plus animals as well as provide guests a deep look inside animal care. The 22,000-square-foot facility includes two treatment rooms, critical care units, and a cutting-edge

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Speculative Office Building Breaks Ground in RiNo

The Current, River North, a new 12-story, 238,000-square-foot, Class-A office building in Denver’s River North Arts District (RiNo), has officially broken ground. The speculative office development, scheduled to open to tenants in Q1 2023, is the result of a partnership between Schnitzer West, LLC (Schnitzer West) and Craft Companies, LLC, a Denver-based, multi-directional real estate firm. “We are thrilled to begin

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Sublease Space Continues to Burden Office Market

CommercialEdge just released its May national office report, analyzing the U.S. office market’s performance in the first four months of 2021. Sublease space has climbed since the start of the pandemic, as many firms look to reduce their office footprint. Among the top 30 markets covered by CommercialEdge, 20 saw total available sublease space more than double.

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Ares Management Corporation to Acquire Black Creek Group

Ares Management Corporation (“Ares”) has entered into a definitive agreement to acquire 100 percent of Black Creek Group’s U.S. real estate investment advisory and distribution business, a leading Denver-based real estate investment management firm. Founded in 1993, Black Creek had approximately $11.6 billion of assets under management, as of March 31, 2021, in core / core-plus real

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Colorado Faces One of the Highest Rates of Foreclosure or Eviction

High housing costs, a potential end to a moratorium on evictions and prolonged unemployment have many Americans worried about keeping a roof over their heads. A recent study by QuoteWizard by LendingTree, LLC  found that nationwide, nearly 25 percent of people (1 in 4) are worried they will face foreclosure or eviction in the next two

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Grand Opening: X Denver Co-Living Apartment Community

X Denver, an 813-bed apartment building located within blocks of Coors Field, welcomed the first of its residents this spring and will be celebrating the grand opening of its membership-based club next month. X Denver residents receive a complimentary membership to the X Club included in their lease agreement and non-residents may purchase a membership for $275

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Movers and Shakers Week Ending 05.21.21

Polsinelli Adds to Construction Practice with Three New Shareholders Am Law 100 firm Polsinelli is growing its national Construction Practice with the addition of three new Denver-based shareholders, Steve Gurr, Adam Lewis and Cindy Lowery-Graber. As new members of Polsinelli’s Real Estate & Financial Services Department, the trio brings decades of combined experience in construction and real estate

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Aurora Apartments Fetch $103M

CBRE Global Investors, on behalf of a separate account client, has purchased The Fletcher Southlands, a 320-unit multi-housing property in Aurora, for $103.3 million, according to property records. JLL represented the seller, a partnership between Origin Investments and Aegon Real Assets U.S., to complete the sale to CBRE. The Fletcher Southlands is a garden-style apartment community that

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