Author name: milehighcre

Movers and Shakers Week Ending 02.05.21

Atlas Real Estate Announces New Hires Denver-based Atlas Real Estate announced the hiring of three new team members: Amos Smith, Investment Specialist In 2020 Amos retired from corporate America after 30 years, most of which was in the telecommunications industry where he held various positions culminating in CFO of Layer 3TV, a Denver-based startup that […]

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Gelt, Inc. Remain Bullish on Denver Multifamily Market

Regatta Apartments, a 93 percent-leased, 352-unit multifamily community located at 10500 Irma Drive in Northglenn, has changed hands. Los Angeles-based private investment firm, Gelt, Inc., purchased the property for $100.5 million, adding to its growing portfolio in the Denver region which now totals more than 2,600 units. “Regatta provided all the features and amenities residents

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Net Leased Office Building in Colorado Springs Sells for $43.5M

Newmark has arranged the sale of a single-tenant net leased office building in Colorado Springs for $43.5 million. Newmark’s Executive Managing Director Matt Berres and Director Samer Khalil, in cooperation with Managing Director Brian Wagner, represented the seller, a publicly traded real estate investment trust. The buyer was Midtown Capital Partners LLC, a Miami-based real estate investment and

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Saunders Completes DU Community Commons Project

Saunders Construction and the University of Denver (DU), recently completed the DU Community Commons. A major component of the Denver Advantage Campus Framework Plan, the Community Commons aims to improve the student experience by providing a space that reimagines community connection. Located at the heart of the DU campus, the 132,000-square-foot Community Commons building houses spaces

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Synergy Medical Center Secures New Tenant

Colorado Cardiovascular Surgical Associates, P.C. (CCVSA) has signed a lease for approximately 6,000 square feet at Synergy Medical Center, a 102,000-square-foot Class AA medical office building under construction adjacent to the HealthONE Swedish Hospital campus in Englewood. CCVSA will relocate its Denver location to Synergy in the second quarter of 2021. Colorado Cardiovascular Surgical Associates is

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Aspen Retail Project Offers Rare Workforce Housing Component

A new retail redevelopment project currently underway along Hyman Avenue in the heart of downtown Aspen, will also include on-site housing for retail workers, a rarity in the affluent retail hub. Located at 420 E. Hyman Avenue, the development will feature 2,000 square feet of street-level retail space and 2,000 square feet of lower-level retail space, both offering 15-foot

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Mixed-Use Multifamily Community NOVEL RiNo to Break Ground

A new mixed-use multifamily community in Denver’s RiNo Art District will break ground later this month. Located at 1300 40th Street, NOVEL RiNo by Crescent Communities will include 483 luxury residences and 15,800 square feet of retail space, with a percentage of the residences designated for affordable housing. “We look forward to beginning our work on

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Broomfield Industrial/Flex Property Sells for $11M

Boulder-based Tepuy Properties, a real estate syndicate and property manager, recently acquired a 68,400-square-foot property at Broomfield’s Interlocken Business Park for $11 million, marking its largest acquisition to date. Tepuy acquired the three flex/industrial buildings, located at 100 Technology Drive, from Real Capital Solutions Inc. Tepuy also owns a similar single-story, 65,000-square-foot flex building at 295 Interlocken Blvd. The three

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Nexus Commercial Realty Team Up with Capstone Companies

Nexus Commercial Realty, a Denver-based commercial multi-family investment sales firm, is joining forces with Charlotte, NC-based Capstone Companies, the country’s largest privately owned multi-family investment sales brokerage. Founded in 2017 by Adam Riddle and Jason Koch, Nexus specializes in multi-housing investment sales brokerage and advisory services for existing assets and development site owners across the

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Reaping the Benefits of Diversity in Lighting Design

By Sarah Erickson, principal, partner, LS Group This past year has come with tremendous change. From the Denver market to the global stage, there have been countless opportunities within the commercial real estate industry to show our resilience and ingenuity. With a bit of light at the end of the tunnel and the benefit of hindsight, now

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