milehighcre, Author at Mile High CRE

Vectra Bank to Break Ground on Corporate Center at I-25 and Belleview

Leave a Comment / Construction, Development, Energy, Retail, Sustainability, Transit / milehighcre

Denver-based Vectra Bank will hold a virtual groundbreaking ceremony this week to mark the start of construction on the bank’s new corporate center at I-25 and Belleview Station. The three-year, multi-million-dollar project represents a significant real estate investment during an uncertain and challenging time. The 127,000-square-foot, nine-story, mixed-use building, scheduled to open in December 2022, […]

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Movers and Shakers Week Ending 12.11.20

Leave a Comment / Movers and Shakers / milehighcre

Mortenson Announces Leadership Promotions in Denver Mortenson, a top-20 U.S. builder, developer and energy and engineering services provider, announced the leadership promotions of Aaron Calhoon and Jed Sluyter on its Denver team. “Our people are our greatest competitive differentiator at Mortenson, and it’s always our goal to create the kind of workplace where team members

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Cherry Creek North Apartment Community Changes Hands and Gets New Name

Leave a Comment / Brokerage, Multifamily / milehighcre

Griffis Residential has acquired Alexan Cherry Creek, a recently completed, 164-unit apartment community in Cherry Creek, for $73.25 million, according to public records. Griffis purchased the property from from the properties developer, Trammell Crow Residential and has renamed the property Griffis Cherry Creek North. After a successful lease up, Transwestern Investment Group (TIG) engaged JLL to market the asset

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Local Partnerships Solidified for Sloans Lake Townhome Project

Leave a Comment / Architecture, Construction, Development / milehighcre

Local architect, Scott Adams Architect, and local general contractor, DIRC Homes, announce Tennyson Row, a seven-unit contemporary townhome project near Sloan’s Lake in Lakewood. “We are excited to bring these townhomes to the market. We look forward to seeing these homes come to life with ample private outdoor space at an affordable price,” said Randy

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Colorado Non-Profit to Develop Cooperative Community in Jefferson County

Leave a Comment / Affordable Housing, Architecture, Construction, Development, Rent, Senior Housing / milehighcre

Trailhead Community, a non-profit organization dedicated to helping individuals with developmental disabilities lead independent and productive lives, is currently developing an 80 unit apartment complex in south Jefferson County near Bowles and C470. 50 percent of the units will be allocated for adults with developmental disabilities and the other 50 percent will be occupied by seniors and working

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Multi-Tenant Mixed-Use Property Sells in Castle Pines

Leave a Comment / Brokerage, Retail / milehighcre

According to NavPoint Real Estate Group, Village Square at Castle Pines, a multi-tenant retail/office investment property located at 361-363 Village Square Lane, and 7437-7439 Village Square Drive in Castle Pines, has sold for $10.275,000. The asset is located just off Castle Pines Parkway in direct vicinity of The Village at Castle Pines, a gated golf community, as

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XDenver2 Secures Construction Financing

Leave a Comment / Brokerage, Construction, Development, Multifamily / milehighcre

The X Company has secured a $105.3 million construction loan for the construction of X Denver2 (XD2) in Denver’s Arapahoe Square. “We are excited to continue to grow the X brand and want to thank our partners CIM and JLL for all the work it took to get this done in a very challenging year,”

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Cannabis Cultivation Facility to be Constructed in Southern Colorado

Leave a Comment / Construction, Development, Industrial / milehighcre

New York-based Power REIT or the “Trust,” a specialized real-estate investment trust (REIT) focused on sustainable real estate, has acquired a 2.11 acre parcel in Crowley County, in southern Colorado, through a wholly owned subsidiary (“PropCo”). Power REIT plans to begin the immediate construction of an 18,528-square-foot greenhouse and processing facility for approximately $1.3 million, including the land acquisition

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Commercial Solar: The Demand for and Marketability of Green Buildings

Leave a Comment / Development, Energy, Feature, Sponsored Content / milehighcre

By John Shaw Green buildings are no longer a niche category, and the increasing adoption rate speaks to their many benefits. Commercial property owners can be leaders in the sustainable commercial building movement, especially with solar. Soon, however, green design will be the norm instead of the exception, and property owners who choose not to

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Industrial Property in Golden Sells and Leases to Two Colorado Companies

Leave a Comment / Brokerage, Industrial / milehighcre

A 14,492-square-foot flex industrial property, located at 16360 Table Mtn Parkway in Golden, has sold to Lakewood-based Bespoke Holdings Company. New tenant, Fix-It 24/7 Plumbing, Heating, Air & Electric will relocate its headquarters from Arvada to the facility in Golden and will occupy the entire building. “We are proud to include this property in our portfolio,” commented CEO & Founder

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Author name: milehighcre