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Luxury Apartment Building in SoBo Sells for $73.2M

Leave a Comment / Brokerage, Multifamily /

Alta SoBo Station, a 187-unit, luxury multifamily community, located at 500 W Cedar Ave in Denver, has sold for $73.2 million, according to property records. Newmark Vice Chairmen Terrance Hunt and Shane Ozment and Executive Managing Director Chris Cowan represented the sellers–Atlanta-based developer Wood Partners and San Francisco-based Stockbridge on behalf of a client–in the transaction. Scandic Capital […]

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Etkin Johnson Sells Successful Business Park for $77M

Leave a Comment / Brokerage, Industrial /

Etkin Johnson Real Estate Partners has sold Enterprise Park Business Center for $77 million. The three buildings, totaling 461,224 square feet, are located at 10035 East 40th Ave., 10075 East 40th Ave., and 3801 North Havana Street and were fully leased at the time of sale. “Enterprise Park offers unparalleled connectivity and accessibility to I-70 and

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McWhinney Acquires Hotel Indigo

Leave a Comment / Brokerage, Hospitality /

It was announced on Friday that The Hotel Indigo in LoDo has sold to Colorado-based McWhinney. The hotel sale, brokered by Cushman & Wakefield, closed for $38.5 million, according to property records. Hotel Indigo Denver offers 180 rustic-luxe guestrooms – all featuring hardwood floors, polished concrete ceilings, sliding barn doors and sweeping urban or mountain

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Online Shopping Returns Putting Pressure on Industrial Market

Leave a Comment / Reports, Retail /

The latest CBRE report takes a look at the impact online returns are having on the industrial market. Record e-commerce sales triggered by the pandemic will drive more returns of goods, stressing supply chains and increasing demand in the already tight industrial real estate sector. According to the report, e-commerce returns this season could total

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ACEC Colorado Bestows Highest Honor for Professional Engineering Contributions 

Leave a Comment / Awards, Engineering /

The American Council of Engineering Companies of Colorado (ACEC Colorado) has honored Robert G. Carlson, PE of Lakewood-based Muller Engineering Company, with the association’s highest honor as the winner of the Orley O. Phillips Award. This annual award is granted to an ACEC Colorado member who has made significant contributions to the profession, the Council and its programs.

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Industrial Project Planned for 20-Acre Industrial Site in Broomfield

Leave a Comment / Development, Industrial /

Joint venture Stockbridge Capital Group and Lincoln Property Company have acquired Park 36, a 20-acre site in Broomfield. The site features a newly constructed 139,876-square-foot Class A industrial warehouse building and the joint venture plans to add two additional warehouse buildings totaling 134,400-square-feet. Financial terms of the acquisition were undisclosed. Building 1 features a front park

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Movers and Shakers Week Ending 12.18.20

Leave a Comment / Movers and Shakers /

Trailbreak Partners Announces Two New Hires Lauren Irwin, CPA has joined Trailbreak Partners — a private equity firm focused on real estate and middle market operating companies — as controller, where she oversees all accounting and reporting functions for the organization. She has over 17 years of accounting experience in real estate accounting, and her specialties include financial reporting, forecasting,

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Climate Change

Avison Young Release Denver Market Forecast for 2021

Leave a Comment / Development, Industrial, Multifamily, Office, Reports, Retail /

In 2020, Denver remained in the top twenty markets for total investment volume for the year ending in 3Q 2020, with large deals occurring across the sectors even amidst the pandemic. And, according to the Avison Young market forecast for Denver in 2021, Denver’s investor interest will likely persist next year, possibly rebounding to pre-pandemic figures

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Peloton Signs Industrial Lease in Denver

Leave a Comment / Development /

Comunale Properties, a privately-owned, fully-integrated real estate company with offices in Denver, has signed its first lease at newly completed Central Connection (the “Project”). Peloton, the at-home interactive fitness platform, will occupy 50,649 square feet in the west side of “Building A.” The centrally located industrial space will further add to Peloton’s supply chain. Designed and built

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Construction of CSU Bug Lab Now Complete

Leave a Comment / Construction, Development, Education, Healthcare /

GH Phipps has successfully completed Colorado State University’s new Center for Vector-Borne Infectious Diseases (CVID), fondly referred to by the team as the “Bug Lab.” The new $22 million, 41,000-square-foot research facility broke ground in June, 2018 and officially opened October 15, 2020. CVID is home to the Department of Microbiology, Immunology and Pathology at CSU and provides

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