Author name: milehighcre

Steak Frite Restaurant Seeks Space in Denver

Medium Rare Restaurant Group, an award-winning Washington, D.C.-based hotspot for steak frite lovers, is actively searching for restaurant space in affluent, high-density residential neighborhoods in Denver, as part of a national expansion to more than 26 new cities. The 2,700-3,000-square-foot location should be in an existing restaurant space (conversion), which requires little time and less build-out costs […]

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Second Office Building at Kiewit’s Regional HQ Tops Out

Kiewit, one of the largest construction and engineering organizations in North America, continues to see progress on the build out of its new regional headquarters in Lone Tree as a second, four-story, 142,000-square-foot office building topped out last month. Kiewit broke ground on phase two of the project in April, following the topping off of

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Boulder Crossroads Multifamily Community in Denver Sells for $55.5M

Denver-based Summit Communities has purchased Boulder Crossroads Apartments, located at 7500 Dakin Street in Denver, for $55.5 million and plans to execute a strategic value-add renovation program at the property. The 322-unit apartment community, built in 1970, is situated along Highway 36 in the northwest submarket of Denver. This location is uniquely desirable to residents seeking proximity to

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Local Plumbing Company Purchase Space at CTC

Avison Young announced that local plumbing company Jim Needham Plumbing will occupy a 3,256-square-foot office/flex condo at Colorado Technology Center (CTC) in Louisville. Jaimee Keene of Avison Young’s Capital Markets Group in Denver represented the buyer, Denver Cherry Holdings LLC, that purchased the property for $200 per square foot. “Jim Needham Plumbing is a great fit for CTC in

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Transit Oriented Multifamily Community Sells to National Real Estate Firm

The Praedium Group, a New York-based national real estate investment firm, has acquired the newly constructed Gateway Arvada Ridge multifamily community in Arvada, for an undisclosed price. “The Denver market continues to outpace the country in terms of job and population growth, even throughout the current health crisis,” noted Lindsay Schuckman, vice president of The Praedium Group. “With

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Pinkard Completes Preconstruction of Denver Affordable Housing Complex

Pinkard Construction and Shopworks Architecture have completed preconstruction services on Denver Housing Authority’s (DHA) $42 million Thrive affordable housing complex, a ground-up, 7-story, mixed-income development in Denver’s Sun Valley neighborhood. The development will include a mix of two-story townhomes and 135 multifamily units. “Working with Mark, Corey and the rest of the preconstrucion team at Pinkard was a great experience – their knowledge

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Global Pacific Properties Acquires Historic Hibbard Building in Colorado Springs

A downtown Colorado Springs landmark, the Hibbard building, located at 17-19 South Tejon Street, has sold for $5.55 million. The five-story, former department store has been a fixture in Colorado Springs for more than 100 years. Newmark Director Simon Penner and Managing Director Brian Wagner represented the seller, The Hibbard Family, LLC, in the sale to Denver-based

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Nelson Construction Acquires 83-Acre Site at Rocky Mountain Rail Park

Rocky Mountain Industrials, Inc. has sold an 83-acre development site at its new 620-acre Rocky Mountain Rail Park, a rail-served industrial park located just off Manila Rd and I-70 in unincorporated Adams County. The undeveloped land was acquired by Nelson Construction. Aaron Valdez, Alec Rhodes and Tyler Smith of Cushman & Wakefield, who provide brokerage

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Fentress Architects Ranked Among Top Architecture Firms in the Nation

Global design firm Fentress Architects has ranked as one of the top architecture firms in Building Design + Construction Magazine’s annual Giants 400 Report. Internationally known for innovative, award-winning design of diverse building types — including airports, museums, convention centers, civic and government buildings, laboratories, and higher education facilities — Fentress ranked No.36 on the Top

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Movers and Shakers Week Ending 01.29.21

Colliers International Promotes Bill Morkes to Senior Vice President Colliers International|Denver announced the promotion of Bill Morkes to the title of senior vice president, Multifamily Investments. Mr. Morkes joined Colliers in 2015 and partnered with Mr. Craig Stack to found the Denver multifamily investment sales team.  Over the last five years the team has sold

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