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Colorado Springs Office Building Occupied by Booz Allen Hamilton Sells for $9.15M

Leave a Comment / Brokerage, Office /

COLORADO SPRINGS – A Class A two-story 51,770-square-foot office building located at 745 Space Center Drive, currently occupied by Booz Allen Hamilton Inc., an American management and information technology consulting firm, was sold on April 12 for $9,150,000, or $177 per square foot, to a private individual. Aaron D. Johnson and Jon D. Hendrickson, managing directors, of […]

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Newly Renovated Shopping Center in Colorado Springs Sells for $2.085M

Leave a Comment / Brokerage, Retail /

COLORADO SPRINGS — 3730-3770 Astrozon Boulevard, a 18,410-square-foot newly renovated neighborhood shopping center in Colorado Springs, has sold for $2,085,000 at an 8.22 percent cap rate. The seller, a private investor in this transaction, was represented by Cory Gross, vice president Investments, and Jake Shirek, associate located in Marcus & Millichap’s Denver office. The buyer was

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Haselden Construction Wins National Safety Excellence Award

Leave a Comment / Awards, Construction /

CENTENNIAL – Haselden Construction recently won the Associated General Contractors of America (AGC) Willis Towers Watson Construction Safety Excellence Award. The company, which at the time of application had more than 500 employees who worked more than one million man hours on jobsites in Colorado and Wyoming in 2018, competed against construction companies nationwide of similar or larger

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Northstar Commercial Partners Launch New $125M Investment Fund

Leave a Comment / Development, Investment /

DENVER — Today, Northstar Commercial Partners announced the launch of their $125 million Northstar Integrity Growth Fund (the “Fund”), in partnership with Integrity Trust of Colorado Springs. The Fund is a REIT under a 506(c) designation, which is an evergreen fund focusing on 75 percent value-add, and 25 percent cash-flowing commercial real estate investments in primarily

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Construction Underway on New Downtown Denver Health Urgent Care

Leave a Comment / Development, Healthcare /

DENVER — Late this summer, Denver Health will open a new Urgent Care facility at 1545 California St., just off the 16th Street Mall, to meet an increasing demand for services in the downtown area. Downtown Denver and its central business district have seen exponential growth. The residential population has tripled since 2000, with a

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Getting Uncomfortable with Sustainability

3 Comments / Architecture, Development, Energy, Feature /

By Drew Allen, AIA, project architect at Perkins + Will and chair of the AIA Colorado Member Voice Committee What does a sustainable building look like? Solar panels, green walls, LED lightbulbs, and plenty of recycling and compost bins probably come to mind. At this point, these strategies are effective and often common practice or required mandates from

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Groundbreaking: Micro-apartments in Cherry Creek North

Leave a Comment / Architecture, Construction, Development, Multifamily /

DENVER — GH Phipps and Architect Saiber Saiber recently joined with their client, Pando Holdings, to celebrate the groundbreaking of 135 Adams, a new five-story micro-apartment building now under construction at 135 Adams Street.  The development will include 37 units that start at approximately 300 square feet to 800 square feet in size. Located in the

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Savills Releases 2019 Q1 Office Market Report

Leave a Comment / Office, Reports /

DENVER — Office availability continues to tighten in the Mile High City as asking rents maintain an upward trend, according to Savills’ 2019 Q1 Office Market Report. Overall space availability in Denver continues to decline, ending the quarter at 16.9 percent — a 180-basis-point decrease year-over-year. There is currently 3.5 million square feet under construction throughout

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Mixed-use Development Approved for Aurora City Center

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

DENVER — Northstar Commercial Partners, Milender White and Canyon Partners Real Estate LLC are scheduled to break ground this month on a new, mixed-use development called Parkside @ City Centre. Located in Aurora, Parkside is a ground-up, mixed-use development featuring 216 market-rate, multifamily apartments, and 36,000 square feet of retail on 5.6 acres. The development cost is expected to be

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