Author name: milehighcre

Small Industrial Property Sells in Littleton

Avison Young recently completed the sale of 1695 W. Sheri Lane, a 7,792-square-foot office/warehouse building located at 1695 W Sheri Lane in Littleton. Vice President Jaimee Keene, who is based out of Avison Young’s Denver office, represented the seller/user, Varela Lane, LLC, an entity of Sara Gabriel, a company specializing in handmade wedding veils and […]

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CRE Appraisal and Consulting Company Signs Lease at Lowry Town Center

Clayton and Company, Inc., a Denver commercial real estate appraisal and consulting company, has leased 1,381 square feet at 200 Quebec Street, Bldg. 600, in Lowry Town Center in Denver. Lowry Town Center is anchored by Safeway along with an exciting mix of both local and national tenants. It is located just steps from the historic former

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Denver a Top Five Market for CRE Investment in 2021

According to CBRE’s 2021 Americas Investor Intentions Survey, commercial real estate investors are showing increased appetite for risk and a preference for secondary markets. The survey ranked Denver as a top five target among Americas metros, jumping two spots to No. 5, up from No. 7 last year. Investors are prioritizing secondary markets instead of gateway

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Majestic Commercenter Lease Agreements Total 420,000 SF, Push Vacancy to 4%

Five lease agreements secured over the past 60 days, including one renewal and four new tenants totaling 420,000 square feet, continue to push occupancy at the Majestic Commercenter (MCC) to near capacity. With low inventory levels, Majestic Realty Co. has initiated the next phase of new construction at the business park located at the northeast

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Commercial Evictions in 2021: Will There Be Calm After the COVID-19 Storm?

By David Laird, Attorney, Moye White LLP The pandemic threw evictions into a state of chaos. Under normal circumstances, evictions in Colorado are technical, time-sensitive, and involved. Executive orders, regulatory edicts, and limited judicial resources brought on by COVID-19 complicated and stalled evictions in 2020. Worse, the landscape was constantly shifting as Colorado’s Governor Polis

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New JLL Hospitality Debt Report Shows Promising Road to Recovery

As the lodging industry continues to head down the road to recovery and many major lenders return to the market, JLL’s Hotel Investment Banking team recently released its Hospitality Debt Market Commentary to provide insights on the state of the market and identify positive trends. JLL’s Hotel Investment Banking team is actively engaged in over $2

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Denver Among the Most Active Office Markets in the US

COVID-19 brought unprecedented change to the office market and its construction projects, and the office pipeline was doubly challenged by the pandemic. As a result, many companies are reevaluating their office space leases, which will inevitably manifest in office building construction. In light of this, Commercial Café has released its 2021 Office Pipeline study that examines the

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Saint Joseph Medical Pavilion Signs New Tenant

Denver-based SCL Health Heart & Vascular Institute announced today that it will relocate to the new Saint Joseph Medical Pavilion on the campus of Saint Joseph Hospital in Denver. SCL has leased the entire 26,345-square-foot fourth floor of the building, which will include healthcare space along with street-level restaurants and retail. The move is scheduled to take place

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Atlas Expands into Boise, Idaho

Atlas Real Estate, a full-service Denver-based real estate company specializing in investment brokerage, property management and institutional acquisition, has acquired Advanced Asset Management, a property management company based in Boise, Idaho. The acquisition provides residents, homebuyers and real estate investors in the Boise metro area with a full suite of investment-focused real estate services including brokerage and property management. “Over

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Industrial Building on Broadway Refinanced for $5.4M

Denver-based private equity firm Trailbreak Partners has refinanced its 83,028-square-foot, multi-tenant industrial building, located at 4250 Broadway in the RiNo/Globeville neighborhood, for $5.39 million. JLL worked on behalf of Trailbreak Partners, to secure the fixed-rate, non-recourse loan through an insurance company lender. Trailbreak Partners will use refinancing proceeds to pay off its existing bank loan. Trailbreak originally acquired

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