Author name: milehighcre

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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McWhinney Breaks Ground on New Industrial Product Type

To accommodate the unmet demand among regional businesses in need of light manufacturing, assembly and warehousing space, McWhinney has broken ground on a 68,600-square-foot spec industrial building within the developer’s Iron Horse Industrial Park in Johnstown, Colo. Marking a new product type for the developer, the Class-A industrial project will be offered for lease or for sale, providing

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INOVA II Office Building in Centennial Sells for $63.2M

California-based Libitzky Property Companies has purchased United Properties‘ INOVA II, a recently completed, trophy office building totaling 220,396 square feet in Centennial, for $63.2 million, according to property records. NOVA II is 82 percent leased and anchored by the Travelers Companies, an investment grade tenant. INOVA II is located at 10825 E Geddes Ave., within

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New Townhome Community to Break Ground at TAVA Waters

Pre-sales began today for Prelude at TAVA Waters, Koelbel and Company‘s new townhome community on the site of TAVA Waters, formerly the iconic Breakers Resort Property. Koelbel and Company purchased the Breakers Resort Property more than 30 years ago — ultimately selling it for $350 Million in 2016 to Pensam Residential in a landmark sale that was

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Construction of Final Industrial/Flex Building at CTC Now Complete

With the continued demand for industrial product in Metro Denver, today, Etkin Johnson Real Estate Partners announced the completion of 725 Tech Court, a new 146,318-square-foot industrial/flex building, located in Louisville Corporate Campus at the Colorado Technology Center (CTC). 725 Tech Court marks the final phase of the nearly 400,000-square-foot, three-building Louisville Corporate Campus. Etkin

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