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DB Capital Adds to Denver Portfolio with $31M Acquisition of Aurora Apartment Complex

Leave a Comment / Multifamily, Renovation /

DB Capital Management (“DB Cap”) has acquired Apex on the Highline (“Apex”), a 138-unit multifamily property in Aurora, for $31 million, according to a press release from the multifamily investment firm. DB Capital plans to substantially renovate the property, which was built in 1984, to make it more competitive with other properties in Aurora. The acquisition

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Sears Building to Become Luxury Apartment Complex

Leave a Comment / Brokerage, Construction, Development, Multifamily, Retail /

Evergreen Devco, Inc., a retail and multifamily development company, has paid $5.7 million for the Sears store property at the Chapel Hills Mall in Colorado Springs. Evergreen purchased the vacant property, which included the two-story, 141,000-square-foot building, parking lots and 12.6 acres, from Northwood Investors. The store, built in 1981, served as the western anchor of

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GH Phipps Breaks Ground on Elementary School in Evergreen

Leave a Comment / Construction, Design, Development, Education /

GH Phipps and Marshdale Elementary School have broken ground on a new elementary school campus located in Evergreen. The groundbreaking event was led by Principal Zak Martin, along with Jefferson County Superintendent Tracy Dorland. Teachers and students were also in attendance to celebrate the start of construction. The new 68,875-square-foot, single story elementary school will feature

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Local Housing Authority Redesigns Mixed-Use Building into Mixed-Income Affordable Housing

Leave a Comment / Affordable Housing, Construction, Development, Feature, Multifamily /

By Steve Kunshier In August 2020, Colorado-based Maiker Housing Partners broke ground on Caraway, a one-of-a-kind multifamily, mixed-income housing development located in unincorporated Adams County. As construction progresses and the project comes to life, Caraway has become much more than a new housing option for Adams County residents—it is a regional demonstration of how a public private partnership can be

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Denver-Boulder a Top Life Sciences Market

Leave a Comment / Construction, Development, Health, Healthcare, Reports /

According to a new report from CBRE, life-science lab space has emerged as a coveted sector of commercial real estate as hefty increases in funding and employment have fueled both demand for lab space and new construction in leading U.S. life-science markets. Denver is the tenth-largest U.S. life sciences market in the U.S. in terms of

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As Retail Rebounds Investor Confidence Returns

Leave a Comment / Investment, Reports, Retail /

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 /

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 /

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 /

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 /

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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