Author name: milehighcre

Next-Level Sustainability Company Launches in Denver

By David Mathias As Denver continues to expand its leadership role in green building practices, commercial property owners and building managers continue to seek opportunities to enhance their location’s green footprint for a number of strategic reasons (USGBC). Some look for projects that will afford them green building certifications like LEED/SITES credits, Well Building certification, or Fitwell and B […]

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661 Pearl St

Apartment Community on Pearl Street Sells for $2M

CBRE announced the $2.1 million sale of the Bonnie Jean Apartments located at 661 Pearl St. in Denver to Strat Ventures. Robert Bratley with CBRE represented the seller, a confidential investor. “The walkability of this property is almost incomparable, with sought-after restaurants, grocery and boutique shops all within a couple short blocks,” said Bratley. “This

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Apartment Community in Northglenn Sells for $44M

San Diego-based Pathfinder Partners has acquired Echo Ridge at North Hills, a 168-unit apartment community in Northglenn, for $44.05 million. Located at 11450 Melody Drive, Echo Ridge offers a mix of spacious one- and two-bedroom units averaging 895 square feet. The property was built in 1999, and more than half of the units were renovated by

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St. Francis Medical Center Expansion and Renovation Project Tops Out

On Wednesday April 14, GE Johnson placed the final precast beam on the St. Francis Medical Center Expansion and Renovation project in Colorado Springs. The milestone was celebrated with a socially distanced ceremony with Penrose-St. Francis Health Services team members, the design team, community leaders, and construction trade partners. Speakers included Brian Erling, MD, MBA,

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Aberdeen Construction Completes Highlands Ranch Spec Suites

Denver-based Aberdeen Construction recently completed the spec suites at 200 Plaza Drive in Highlands Ranch. This project proved to be the first major test for Aberdeen Construction’s Agile Construction Process introduced at the front end of the COVID-19 pandemic. Building manager CBRE originally planned for one large suite but decided during demolition to break the space

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Marcus and Millichap Complete Series of Net Leased Property Sales

Drew Isaac, senior vice president investments and senior director of the net leased properties division & national retail division at Marcus & Millichap (NYSE: MMI), recently arranged the sale of ten single-tenant net-leased investment properties located throughout Colorado during the first quarter of 2021, totaling more than $41 million. “The net leased market remains active

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Abilene Square Retail Center in Aurora Sells for $1.6M

Abilene Square, a freestanding retail strip center located in Aurora, has sold to LV Neosho Investments, LLC for just over $1.6 million. The 6,422-square-foot center property was 100 percent occupied by three tenants at the time of sale. Jon Hendrickson and Mitch Veremeychik with Cushman & Wakefield’s Capital Markets in Denver represented the seller, Abilene Square,

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Koelbel Urban Homes Brings to Market 94 New Townhomes in Superior

Koelbel Urban Homes (KUH), a division of Koelbel and Company, and Resolute Investments Inc, a local real estate investment firm, have launched the sales of Montmere at Autrey Shores, a new townhome community that will bring to market 94 townhomes across 20 buildings at the shores of Autrey Reservoir, just steps from Flatirons Crossing in

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Construction Careers Now Partners with Adams County School District 14 for Workforce Training

Construction Careers Now (CCN), a construction pre-apprenticeship program, partners with Adams County School District 14 (Adams 14) in Commerce City to offer the local community opportunities for construction workforce training. CCN currently hosts this no-cost, four-week program virtually at Adams City High School (ACHS) in the evenings to accommodate a diverse population of soon-to-be high

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