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Sale of Colorado Springs Office Complex Provides 320% ROI

Leave a Comment / Brokerage, Development, Office /

Younan Properties, a privately held real estate investment and management company, has sold NorthCreek Office Complex, a three-property park encompassing 325,208 rentable square feet in Colorado Springs. Younan Properties purchased NorthCreek in 2015 for $15.8 million from LNR Property part of Starwood Property trust (NYSE: STWD), and sold the complex for $47 million to Alturas […]

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Sheraton Denver Downtown Unveils Transformation

Leave a Comment / Architecture, Construction, Development, Hospitality /

By Katie Rapone, editor Last week, Sheraton Denver Downtown officially revealed its impressive $80 million renovation, which included a full-scale renovation of its guest rooms, lobby, public and meeting spaces. The completion of the renovation will forever change the face of the hotel and Denver’s iconic 16th Street Mall. The hotel is among the first Sheraton branded hotels

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Grow or Die: Apartment Locating Startup Doubles Down on Denver

Leave a Comment / Feature, Multifamily, Rent /

By Cassie Brown, CEO/Founder Smart City  Most companies approached the pandemic with a “cut back or die” mindset – and the reason why is obvious. It’s safe. Eventually, if they play their cards right, they will be able to make up all their losses. The problem with “cut back or die,” however, is that it treats employees

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Starbucks-Anchored Retail Building Sells for Record Pricing 

Leave a Comment / Brokerage, Retail /

A newly constructed, five-tenant retail building located at Denver Airport Hotel Row, has sold for $5.6 million, representing record pricing for a multi-tenant retail pad in the Mountain States region in 2020. Built in 2018, the 10,300-square-foot building is situated on 1.59 acres at 6991 N. Tower Road and is leased to Starbucks (with a

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New Community Mural Program Announced for RiNo 

Leave a Comment / Design, Development, Events /

Historically, murals have drawn over one million visitors per year to the RiNo Art District. And today, RiNo Art District, a 501(c)(6) nonprofit grassroots arts organization RiNo, shows its dedication for providing ongoing, paid opportunities for a diverse range of artists (especially local artists) with the launch of a new community mural program for 2021.  RiNo

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Newly Constructed Apartments Near DIA Sell for $100.4M

Leave a Comment / Brokerage, Multifamily /

Outlook Gateway, a 324-unit, 13-building apartment complex in Denver, has sold to Atlanta-based Cortland for $100.44 million, according to property records. The property was developed by Evergreen Devco, Inc. and constructed by Nexus Builders, an Evergreen-affiliated company. Denver-based Kephart Architects designed the project. It sits on 16.64 acres at 5650 Argonne Street and includes a mix of

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QuikTrip to Open New Gas Station Convenience Stores in Denver Metro

Leave a Comment / Brokerage, Development, Retail /

Oklahoma-based convenience store chain QuikTrip Corporation recently acquired two land sites, one in the Central Park neighborhood of Denver and the other in Parker. The acquisitions kick off QuikTrip’s plan to open up to 70 stores in the Denver metro area. Central Park Evergreen Devco, Inc., a leading retail and multifamily development company, sold a 2.43-acre retail

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Sale of Boulder Office/Lab Building Demonstrates Demand for Life Sciences Space

Leave a Comment / Brokerage, Health, Healthcare /

San Fransisco-based Graham Street Realty (GSR), a commercial property investment firm recently sold 2945 Wilderness Place in Boulder, a two-story, Class B office and lab building comprising both traditional office and lab improvements. “We were able to take advantage of the strong demand for life science properties despite the challenging economic environment,” said David Messing, managing partner at

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Groundbreaking: Foster Dual Language Pk-8, Jefferson County

Leave a Comment / Construction, Development, Education /

GE Johnson Construction Co. held a groundbreaking ceremony on February 3 to celebrate the start of renovations and additions to Foster Dual Language Pk-8, formerly known as Foster Elementary in Jeffco Public Schools. The event was attended by students, teachers, and community members, in addition to project team members from Larson Incitti Architects, and JeffCo

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Pinkard Install Air Purification Solution at Lakewood Senior Living Community

Leave a Comment / Construction, Development, Health, Senior Housing /

In an effort to create safe environments for seniors and their families to connect, Pinkard Construction has successfully installed Global Plasma Solutions’ (GPS) needlepoint bi-polar ionization air quality units at The Ridge Pinehurst Senior Living in Lakewood. This technology is tested and proven to deactivate 99.4 percent of the SARS-CoV-2 (COVID-19) virus along with many other pathogens. “I’m grateful to be working

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