milehighcre, Author at Mile High CRE

As Retail Rebounds Investor Confidence Returns

Leave a Comment / Investment, Reports, Retail / milehighcre

Retail, especially non-essentials goods and services, was hit hard during the pandemic, but with an increase in vaccinations and easing restrictions, retail is experiencing increased investor favor and returning to pre-pandemic levels. This is evidenced by a bounce-back in retail real estate transaction volumes. Additionally, the U.S. retail debt market remains liquid, including in Denver and

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Tributary Real Estate Acquires Mixed-Use Office Building in Globeville for $11.2M

Leave a Comment / Brokerage, Investment, Office, Retail / milehighcre

Tributary Real Estate recently acquired a three-story mixed-use office building at 400 W. 48th Ave. in Denver’s Globeville neighborhood. The purchase was made in partnership with JLL Denver Managing Director Ken Gooden for $11.2 million. The 4.75-acre property includes 5,000 square feet of retail space and 93,000 square feet of office space, fully occupied by several

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Mile High Climber: Ryan Link, Senior Vice President with CBRE

Leave a Comment / Feature, Mile High Climber / milehighcre

Mile High CRE is excited to announce that July’s Mile High Climber is Ryan Link, senior vice president with CBRE’s Occupier Advisory & Transaction Services group in Denver. 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

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Movers and Shakers Week Ending 07.02.21

Leave a Comment / Movers and Shakers / milehighcre

Murphy Company Announces “Next Generation” of Colorado Leadership Management succession planning has always been a very high priority for Murphy Company, one of the nation’s largest and privately held mechanical contracting firms in the United States. The contractor’s Colorado office has been growing and developing under the leadership of Bob Mathisen, executive vice president of Colorado Operations, for

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GTC Builds New HQ in Frederick

Leave a Comment / Architecture, Construction, Design, Office / milehighcre

Golden Triangle Constructors (GTC) is currently under construction on its new headquarters office at the northeast corner of Godding Hollow Pkwy (Weld Co Rd 18) and Raspberry Way in Frederick. “This is an exciting move for us,” GTC President Todd Schroeder said. “Frederick has retained its small town, family orientation, which resonates for us as a tight-knit firm

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Increased Demand for Industrial Space Driving up Rental Rates, CBRE Report

Leave a Comment / Development, Industrial, Reports / milehighcre

According to a new report from CBRE, tight vacancies and high demand are sparking bidding wars for industrial space across the U.S., driving both asking and taking rent growth to new highs. Asking rents increased a record 8.3% year-over-year in Q4 2020 and 7.1% in Q1 2021—well above the five-year annual growth average of 6.8%.

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Grand Opening: Pikes Peak Summit Visitor Center

Leave a Comment / Construction, Development, Events / milehighcre

On Wednesday, June 30, Pikes Peak – America’s Mountain celebrated the grand opening of the Pikes Peak Summit Visitor Center with a ribbon-cutting ceremony. The event was emceed by John Register, Paralympic silver medalist and combat veteran, and included remarks by Colorado Governor Jared Polis and Colorado Springs Mayor John Suthers. General contractor GE Johnson broke

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EverWest Signs Full-Building Lease at New 25 North Spec Denver Industrial Project

Leave a Comment / Development, Industrial, Office / milehighcre

Underscoring the strength of the Colorado industrial market, EverWest Real Estate Investors has preleased a 121,000-square-foot speculative industrial building currently under construction at its 25 North industrial park in Thornton. Founded in 1936, Colorado-based Sashco manufacturers caulks, sealants and stains. It will relocate and expand into the new building, which is located at 14802 Grant

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Architecture and Engineering Firm Moves Headquarters to Greenwood Village

Leave a Comment / Brokerage, Office / milehighcre

Architecture, engineering and survey firm Galloway & Company is moving their headquarters to 5500 Greenwood, a 71,000-square-foot office building located in Greenwood Village. The firm’s showcase headquarters will occupy 48 percent of the building in the 34,000-square-foot space. The company expects to move in by the end of 2021. Transwestern’s Senior Vice President, David Shapiro,

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CIM Group Acquires One of Denver’s Largest Multifamily Properties

Leave a Comment / Brokerage, Multifamily / milehighcre

CIM Group has acquired The Lex at Lowry, one of only seven apartment properties with more than 700 units in the Denver metropolitan area. The 710-unit apartment community is set on approximately 26 acres located at 240 S. Monaco Pkwy. in Denver. The acquisition expands CIM Group’s Denver-area residential portfolio to more than 1,300 units. A

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Author name: milehighcre