Author name: milehighcre

Apartment Property in Denver’s Golden Triangle Sells for $10.8M

Satori Residences, a 24-unit multifamily property in Denver’s Golden Triangle Creative District, has sold for $10.8 million.  Satori Holdings LLC sold the property to a confidential out-of-state entity in a transaction that closed Dec. 3. Satori Residences is a newly built, five-story property located at 950 Lincoln Street, the property totals 27,954 square feet including 2,346 […]

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Denver Among Most Popular U.S. Cities for Office Adaptive Reuse

A study by CommercialSearch, the latest addition to the CommercialEdge network of marketplaces, takes a look at the trend of office adaptive reuse. 4,283 offices were created through adaptive reuse across the country in the past 100 years. Here are some key takeaways from the study: Denver office space grew by 3.4 million square feet

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New Report Shows 3D Printing Has Potential to Revolutionize Construction

A new report from Guidehouse Insights — a Boulder-based market intelligence team that provides emerging technology research, data, and benchmarking services for today’s rapidly changing and highly regulated industries — examines the market for 3D printing construction technology. According to the report, global market revenue for 3D-printed construction of buildings is expected to grow from $6.5 million

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Q&A with Scott Farrell, President of i2 Construction

Scott Farrell, LEED AP, is president and partner at Denver-based i2 Construction, a full service general contractor with a focus on complex commercial construction projects — ranging from brand forward corporate interiors and technical medical/laboratory facilities, to new building construction and exterior additions/improvements. While embracing his roots of growing up in a small family business, he leads

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Grocery-Anchored Retail Center on Federal Blvd Fetches $14.9M

Brentwood Center, a 33,494-square-foot retail shopping center consisting of eight buildings on 13.36 acres in Southwest Denver, has sold for $14.9 million. According to CoStar, Brentwood Center is the largest retail property to sell in Denver this year and the largest since 2016. The property is located at 1951, 2095, & 2099 South Federal Boulevard and

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Multifamily Portfolio in Sloan’s Lake Trades for $14.5M

A three-building multifamily portfolio located in the Sloan’s Lake neighborhood of Denver, has sold for $14.5 million. Robert Bratley with CBRE’s Denver office facilitated the sale of the 69-unit, 41,850-square-foot portfolio on behalf of the seller, a local private investor. The buyer, also a local private investor, acquired the properties in a sale that closed on

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Office Building at Inverness Business Park Sells for $9.3M

115 Inverness, a 55,706-square-foot office building situated on 2.5 acres located within Englewood’s Inverness Business Park, has sold for $9,362,500. The building was 85 percent occupied at the time of sale and serves as headquarters of local healthcare software developer, patientNOW, along with publicly traded tenants Tetra Tech and Ricoh. 115 Inverness was purchased by

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2021 Outlook: Five Trends Influenced by Covid-19

By Becky Zimmermann The global impact of the novel coronavirus will not be known for years. COVID-19 has changed the way society lives and works, how schools function and children receive their education, how businesses operate, how real estate development decisions are made, and how connections occur without in-person interaction. While many lessons have been learned, perhaps the

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Trammell Crow Acquires 89.6-Acre Site for Class A Industrial Park

Trammell Crow Company (TCC), one of the largest commercial real estate developers in the United States, along with capital partner Clarion Partners, LLC, has closed on the land that will be used to build 104th Commerce Park, a 1.17-million-square-foot industrial park located at 104th Avenue, just east of the intersection of State Highway 85 and

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New Age-in-Place Community Coming to Denver

In response to the increased demand for more senior living, Ryan Companies US, Inc. and Cadence Living are expanding the Acoya brand into Denver. Construction will begin soon on a 156,622-gross-square-foot, 137-unit, age-in-place community — the partnership’s third Acoya location and first community in Colorado. “The Acoya brand is focused on a premier living style through

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