Author name: milehighcre

Office Tower in the Denver Tech Center Sells for $74.3M

Joint venture Miller Global Properties, LLC and Principal Real Estate Investors has purchased 4600 S. Syracuse, a 304,059-square-foot Class A office tower, just minutes from the Belleview light rail station. The property sold for $74.3 million, according to public records. Completed in 1999 and renovated in 2013, 4600 S. Syracuse offers desirable features such as floor-to-ceiling windows […]

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SCL Health Anchored Facility Tops Out

Given the rapid growth in the Candelas master-planned community in Arvada, there is a strong need for additional nearby healthcare services. To meet this demand, Mortenson Development, Inc. has topped out on a new 43,732-square-foot Class A medical office building for SCL Health, at the intersection of West 91st Place and Candelas Parkway. “Healthcare delivery methods

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Habitat for Humanity of Metro Denver HQ Building Hits the Market

Habitat for Humanity of Metro Denver‘s headquarters building located at 3245 Eliot Street in Denver’s Highlands neighborhood, is on the market for $6.8 million. The 0.95-acre site, at the corner of West 33rd Avenue and Eliot Street in Denver’s Highlands neighborhood, is zoned for multiple commercial uses, up to three stories, including multifamily, hospitality and office.

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Colorado Disaster Restoration Acquired by HRS Restoration Services

HRS Restoration Services, a full-service mitigation and restoration company and division of Haselden Construction, has acquired Colorado Disaster Restoration (CDR), an emergency service company that specializes in environmental and bio-hazard clean up services for commercial and residential properties. “The CDR team is excited to bring our more than 60 years of combined disaster restoration expertise to HRS,” said

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Stantec to Revitalize Infrastructure at U.S. National Parks

Stantec has been awarded an indefinite delivery/indefinite quantity contract to serve as architect and engineering consultant by the National Park Service (NPS). Under the U.S. $30 million contract, Stantec will work closely with the NPS Denver Service Center to find design solutions to address the backlog of infrastructure maintenance within areas of national significance throughout

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Granite Properties Launches Flexible Office Leasing Solution

As many companies review their plans to return to the office, Granite Properties has launched evolve, a new platform of office and leasing solutions that provides a maximum amount of flexibility, offering conventional, move-in ready, on-demand, short-term, and co-working space. The new platform allows companies to tailor their workspace to their individual business needs, including size,

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Sale of Colorado Springs Office Complex Provides 320% ROI

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

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

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 

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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