Author name: milehighcre

Avison Young Release Q1 Denver Office Market Report

Avison Young’s Denver office has released its first quarter 2021 office market report. Office sales volume reached an impressive $306.4 million in the Mile High City, up 47 percent from 4Q 2020. Market highlights: Office leasing activity totaled 993,039 square feet in 1Q 2021, representing a 13 percent decline quarter-over-quarter (Q/Q) and the slowest quarter since […]

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East West Partners to Open Office in Steamboat

East West Partners, a Denver-based developer, is expanding to Steamboat Springs, opening a new office to oversee their work as development manager for Steamboat Ski Resort’s Gondola Plaza redesign project and seeking out new projects throughout the Yampa Valley. The partnership with Alterra Mountain Company will be East West Partners’ first project in Steamboat Springs and is serving as a catalyst

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Tepuy Properties Sells Golden Property for $6M

Tepuy Properties, a Boulder-based real estate syndicator and property management company, has sold its 26,208-square-foot building at 1150 Catamount Drive to Golden-based Kodiak Real Estate Group for $6.15 million. Tepuy purchased the office and light manufacturing facility in 2015 for $5 million. Located two miles northwest of downtown Golden, the building boasts quality laboratory and flexible warehouse space, as well

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Hamilton Zane Acquires Fort Collins Apartment Community

San Francisco-based real estate firm Hamilton Zanze (HZ) has made its second acquisition in the Fort Collins market with the purchase of The Wyatt, a newly-built 368-unit apartment community. Built in 2019,  the community was 89.1 percent occupied at purchase. The community is located at 4701 Strauss Cabin Road in the desirable Fort Collins South submarket, approximately 15

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Southern Land Company Breaks Ground on First Master-Planned Residential Community in Colorado

Southern Land Company (SLC) has broken ground on Westerly, a new 400-acre master-planned community in Erie, a first in Colorado. Located at the intersection of Erie Parkway and County Road 5, SLC will invest more than $140 million in infrastructure improvements into the Town of Erie with the project that will ultimately be valued in excess

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First Onsite Property Restoration Launches New Brand

First Onsite Property Restoration — serving the greater Denver area commercial real estate industry in restoration, reconstruction, and remediation services — has undergone a new brand launch. First Onsite Restoration unites seven leading restoration companies in the U.S. under one brand name. As a unified brand, they will be equipped with 80+ branches across the U.S., Canada, and

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Movers and Shakers Week Ending 04.02.21

Aaron Calhoon Named Director of Operations for Mortenson Denver Mortenson, a top-20 U.S. builder, developer and energy and engineering services provider, announced Aaron Calhoon has been promoted to director of operations on its Denver team. “As our business in the Denver metro region continues to grow, it is critical that we have the right leadership

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Convenience Store/Gas Station in Littleton Sells for $7.3M

A gas station located at 11505 W Belleview Ave. in Littleton, with a Kum & Go convenience store on the premises, has sold to a Southern California-based buyer for $7.3 million. Ian Schroeder and Melissa Ley at CBRE’s Newport Beach office represented the private investor in the triple-net-lease acquisition. “Kum & Go is an up-and-coming convenience

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Renters Show Preference for Urban Locations Over Suburbia

With moving being one of the main drivers of the self storage industry, the researchers at STORAGECafé zoomed in on approximately 1.7 million renter applications in order to identify the top US cities for renter interest. Contrary to the theory that renters are seeking more space in the suburbs during the pandemic, the study shows that

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Howell Construction Partners with Aurora Mental Health Center

Howell Construction has been selected by Aurora Mental Health Center (AuMHC) as their construction manager and general contractor for a program of projects being constructed over several years. AuMHC is a private non-profit organization that has been providing mental health services since 1975, operating through thirteen separate facilities located across Aurora. Last year Howell provided preconstruction services and construction services

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