Author name: milehighcre

Etkin Johnson Closes on Largest Industrial Sale in Colorado

Colorado-based investment and development company Etkin Johnson Real Estate Partners, recently closed the largest industrial sale ever completed in Colorado. A 16 property, 1.67 million-square-foot industrial portfolio in Louisville sold to an institutional investor for $392.9 million. All 16 buildings are located within the Colorado Technology Center, a 580-acre master-planned business park near US 36 […]

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Landmark Preservation Votes in Favor of Landmark Status for Denver7 Building

Denver’s Landmark Preservation Commission recently voted 6-1 in favor of designating the Denver7 building, located at 123 E. Speer Blvd., an historic landmark. The landmark designation would prevent the sale of the property to a development company that wants to build multifamily housing on the site. Scripps Media, the parent of KMGH Denver7 is the owner of

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Downtown Denver Apartment Building Sells for $130M

Alexan 20th Street Station, a 354-unit, Class A+ multifamily property in downtown Denver, has sold for $130 million to an entity affiliated with The Blackstone Group Inc. (NYSE: BX), according to property records. The new construction property was delivered in 2019 and is located at 2080 California Street. Newmark Vice Chairmen Terrance Hunt, Shane Ozment and

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420 Hotels Inc Sets Out To Become Nations First Cannabis Friendly Hotel Chain

Inspired by the founder’s first hotel property The Patterson Inn that has the fortuitous address of 420 E. 11th Avenue in downtown Denver, Chris Chiari, founder of The 420 Hotels Inc., is in the process of building a multi-location hotel chain that features the unique amenity of legal and licensed on-site cannabis consumption. The brand

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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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