Author name: milehighcre

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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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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