Author name: milehighcre

One Bedroom in Denver Sees 12.5% Y/Y Rent Decrease

According to Zumper’s November rent report, 13 out of 100 cities recorded record-breaking yearly decreases in one bedroom median last month, since Zumper started tracking median prices in 2015. The national one bedroom median rent decreased 0.5 percent last month to $1225. By comparison, in Denver, the average one bedroom rent decreased 12.5 percent to $1400 from a […]

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Colorado Springs Apartment Community Offers Lowest Density Rate in the Area

Colorado-based developer Etkin Johnson Real Estate Partners, recently completed FalconView, a 288-unit apartment community located near the intersection of I-25 and InterQuest Parkway in Northern Colorado Springs. Situated on 19-acre parcel with only 15.1 dwellings per acre, FalconView offers the lowest apartment density rate in the area. “Every aspect of FalconView is designed to meet the

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Space as a Service to Support Community

By Jason Shepherd REACTIV, an innovative commercial real estate marketplace that connects people with an array of vacant commercial spaces, recently collaborated with local groups to create an immersive community project in Denver’s Berkeley area, reimagining three once-commercial houses slated for demolition and giving them and the neighborhood new life. Dubbed The Tennyson House Project, it was the

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Vintage Multifamily Community in Boulder Fetches Highest Price Per Unit

Henley & Remy, an 82-unit multifamily community located at 635 and 565 Mohawk Drive, minutes from the University of Colorado in Boulder, has sold for $32.3 million. At $393,900 per unit, the sale of Henley & Remy represents the highest price per unit for 1960s vintage product by more than $100,000 per unit, and the highest price per unit for

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Energy Company Signs Office Lease at 9+CO

NGL Energy Partners LP  has leased 48,000 square feet of office space at 9th & Colorado (9+CO), the 26-acre urban infill project at the site of the former University of Colorado Health Sciences Center in Denver co-developed by Continuum Partners and CIM Group, NGL will have approximately 185 employees located in the new offices at 9+CO plus common meeting space for

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Vintage City Church Purchases New Fort Collins Location

Vintage City Church has purchased 1501 Academy Court in Fort Collins, a two-story building with high visibility and monument signage along Prospect Road, for $4.125 million. The church is relocating from 1825 Sharp Point in Fort Collins, a space it has leased since 2014. The church purchased four units totaling 31,650 square feet in two separate transactions. CBRE represented Vintage in the transaction. Unit

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Denver-based Project Team Breaks Ground on New Townhome Community

Highland Development Company (HDC) has broken ground on The Commons at King townhome community, consisting of 12 low-maintenance townhomes adjacent to the Knox Light Rail station in Denver. The Denver-based project team includes architect RHAP architecture + planning and local general contractor, DIRC Homes, “Our team is thrilled to be breaking ground at The Commons at King

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Saint Joseph Medical Office Pavilion Now Complete

Dallas-based real estate development firm Fidelis Healthcare Partners, Saint Joseph Hospital and its parent SCL Health, have completed development of the 98,000-square-foot, mixed-use Saint Joseph Medical Office Pavilion on the campus of the 400-bed Saint Joseph Hospital in Denver. The five-story pavilion includes three floors dedicated to Class A medical office space, plus 10,000 square

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McWhinney Expands Industrial Footprint in Northern Colorado

In addition to signing three new tenants at its Centerra Industrial campus, Colorado-based developer McWhinney has announced plans to develop a new industrial campus adjacent to the Motorplex at Centerra. The campus will include seven new buildings ranging in size from 43,000 square feet up to 150,000 square feet on both a speculative and build-to-suit basis. With its

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