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Office Building at Inverness Business Park Sells for $9.3M

Leave a Comment / Brokerage, Office /

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

Leave a Comment / Feature, Technology /

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

Leave a Comment / Development, Industrial /

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

Leave a Comment / Architecture, Construction, Development, Senior Housing /

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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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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