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South Broadway Condo Project Nears Completion

Leave a Comment / Brokerage, Condominium, Development, For Sale /

SoBo 58, a new South Broadway condominium development just west of Platt Park, is nearing completion and is already almost 70 percent sold out. The state-of-the-art mid-rise project totals 58 private residences, consisting of studios, one-bedrooms, one-bedrooms with a den, two-bedrooms, and select plans with a private mezzanine and vaulted ceilings. Prices start in the low $300k’s. Cuningham […]

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Beer Spa Opening in Denver’s Five Points

Leave a Comment / Hospitality, Recreation /

A new spa concept is set to open this week in Denver’s Five Points neighborhood. Beer Spa by Snug, a modern, beer-centric  day spa, includes four private Beer Therapy Rooms and a high-tech relaxation lounge, alongside a ten-tap self-pour taproom. Owners and husband-and-wife team, Jessica French and Damien Zouaoui decided to collaborate on a new business and left

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RTD Vote to Turn Underutilized Parking Lots into Affordable Housing

Leave a Comment / Affordable Housing, Transit /

RTD Board of Directors will vote today on a resolution that would turn some empty Park-N-Ride parking lots into affordable housing. The proposal comes in response to a recent RTD study on parking utilization in the metro area that suggests that developers are building more parking than they actually need. RTD’s analysis of peak parking demand

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Abel Design Group Completes Sports-Themed HQ in LoDo

Leave a Comment / Construction, Design, Development, Office /

Abel Design Group recently designed the Denver HQ for PointsBet, a premier global sportsbook operator based in Australia. The new headquarters, which offers views of Coors Field, will serve as the company’s western base of U.S. operations, maintaining a focus on product innovation, development, and technology recruitment. “Designing the PointsBet Headquarters provided a unique opportunity for

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Denver Industrial Development Moves Full Steam Ahead

Leave a Comment / Industrial, Reports /

With e-commerce at an all-time high, the pandemic has proved to be a beneficial time for the Denver industrial sector. According to Newmark Q4 2020 Denver Industrial Market Report, annual net absorption totaled 2.3 million square feet, the highest of any asset class in Denver. And, moving into 2021, development is not projected to slow down. Several large distribution centers

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Three Retail Properties in Colorado Sell for Combined $13.68M

Leave a Comment / Brokerage, Retail /

Three net-leased retail properties located in metro Denver, Colorado Springs and Pueblo, recently sold for a combined $13.68 million. Brad Lyons, Matthew Henrichs and Parker Brown with CBRE’s National Retail Partners group in Denver represented the seller on each transaction. “The market for high-quality, net-lease investment opportunities across the Colorado Front Range is increasingly competitive given

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Neglected Industrial Building in Broomfield to be Renovated

Leave a Comment / Brokerage, Industrial, Investment, Renovation /

Boulder-based Tepuy Properties, a real estate syndicator and property management company, has purchased 1 Park St. in Broomfield, a 26,400-square-foot single-story industrial building, for $1.75 million. Located just off Highway 36 and the Interlocken Loop, the property has suffered significant hail, fire and water damage, as well as other neglect. “I’ve been looking for a while for a building

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Englewood Industrial Property Sells as Part of Portfolio Sale

Leave a Comment / Brokerage, Industrial, Investment /

Westcore Properties, a San Diego-based real estate investment firm, has purchased a four-property industrial portfolio in the Western United States, including a distribution facility in Englewood, Colorado. The properties total 704,065 square feet and are located in prime distribution corridors across the western United States. The assets are located at 14101 E. Otero Avenue in Englewood,

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Affordable Housing Nonprofit Rocky Mountain Communities Poised for Growth

Leave a Comment / Affordable Housing, Community Involvement, CRE People /

Colorado-based, affordable housing nonprofit Rocky Mountain Communities (RMC) that owns and manages affordable housing communities across the state, is positioning itself for growth by filling two new executive roles. Mark Marshall has been named the vice president of real estate and Denise Gomez has been named director of development, equity and engagement for the organization.

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