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Howell Construction Completes Denver Wastewater Building Renovation

Leave a Comment / Construction, Development /

The Denver Wastewater building is an iconic feature along the South Platte River valley in downtown Denver. Adjacent to both I-25 and 6th Avenue, thousands of motorists pass this building every day. Howell Construction was selected as the construction manager/general contractor by the City and County of Denver to renovate the interiors of three floors and improve […]

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Trion Properties Acquires Two Multifamily Properties in Colorado Springs

Leave a Comment / Brokerage, Investment, Multifamily /

Trion Properties, a private equity real estate firm based in West Hollywood, California, and equity partner, PCCP, LLC, an investment manager, have acquired a two-property portfolio located in Colorado Springs, for a combined total of $80 million. The properties, Quail Cove and Highland Park, total 406 units and represent an opportunity for Trion to acquire

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Denver a Rising Star City, says JLL

Leave a Comment / Brokerage, Reports /

According to JLL, the pandemic has accelerated migration trends to a handful of rising star cities and as a result, investors are following suit. Growth markets, including Denver, have witnessed 10-year population growth between 10-30 percent, outpacing the 2010-2020 U.S. population growth of 7.1 percent. While Gateway cities will always will be attractive from both a resident and investor standpoint, growth markets

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Modular Construction: A Contemporary Approach to a Traditional Process

Leave a Comment / Construction, Feature, Industrial /

By Tom Merlo, PIOVTEK Business Development Associate Manufactured building components simplify the traditional construction process by reducing typical challenges from the job site. Trade stacking, schedule congestion, inconsistent quality, and variance are critical challenges facing traditional methods of construction. Utilizing manufacturing methods to optimize construction greatly increases productivity and quality while reducing labor requirements and inefficiencies in schedule that are

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Berkadia Completes the Sales of Two Apartment Communities

Leave a Comment / Brokerage, Multifamily, Student Housing /

Berkadia, a joint venture of Berkshire Hathaway and Jefferies Financial Group, recently announced the sale of two Colorado properties; a multifamily property in Englewood and a student housing property in Colorado Springs. Iron Works Village, a garden-style multifamily property, located at 519 W Amherst Avenue, Englewood, sold for $14.6 million. Iron Works Village was built in 2020. The

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Avison Young Release Q1 Denver Office Market Report

Leave a Comment / Brokerage, Construction, Development, Investment, Office, Reports /

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

Leave a Comment / Development, Office /

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

Leave a Comment / Brokerage, Industrial, Office /

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

Leave a Comment / Brokerage, Multifamily, Property Management /

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

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

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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