Author name: milehighcre

JLL Predicts 30% of Office Space will be Flexible by 2030

The flexible space market experienced significant changes as a result of the COVID-19 crisis, immediately reducing the need for short-term desks. JLL’s latest research shows the need for flexible space is not only here to stay, it’s likely to increase. predicting that 30 percent of all office space will be consumed flexibly by 2030. Accounting for […]

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Metro Denver Industrial Holds Steady in Q2 as Office Market Activity Stalls

This week, CBRE released its Q2 reports for metro Denver’s office and industrial sectors. The Denver office market felt the impact of the recession brought on by the COVID-19 pandemic. For the first time in 13 quarters, the market saw negative absorption activity of 84,706 square feet in Q2 2020. Conversely, the industrial sector held steady this

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McKinstry, Denver Public Schools Launch Energy Performance Contract Project

McKinstry and Denver Public Schools, in consultation with the Colorado Energy Office, have started work on an Energy Performance Contract project to upgrade 27 schools in the district — totaling more than 3.8 million square feet — to improve the learning environment, address maintenance challenges, reduce utility costs through efficiency improvements, and fund capital upgrades. As

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CIM Group Completes Upgrades to LoDo Towers

CIM Group recently completed a number of renovations at the LoDo Towers office buildings, including the addition of a 10,000-square-foot tenant amenity center and comprehensive common area upgrades. LoDo Towers consists of the 13-story, approximately 225,000-square-foot tower at 1331 17th Street (“1331”) and the 16-story, approximately 196,000-square-foot tower at 1401 17th Street (“1401”) in LoDo,

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New Coffee Bar Occupies Rare Drive-Thru Location in DTC

Portland-based Black Rock Coffee Bar recently opened its second Colorado location in the Denver Tech Center. The walk-in/drive-through coffee shop occupies the entire 2,700-square-foot, stand-alone building at 7850 East Union Avenue. Black Rock’s first location is in Castle Rock. 7850 East Union Avenue is also currently up for sale; Newmark Knight Frank Executive Managing Directors Riki Hashimoto and Dan

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Two New CBD Manufacturing Facilities Open in Greeley

Two new state-of-the-art CBD-hemp extraction facilities are now operational in Greeley. The GMP compliant manufacturing facilities will enable Vantage Hemp Co. to process up to a tonne of biomass using CO2 extraction and four tonnes of biomass per day using hydrocarbon extraction. The facilities support large scale winterization and high volume distillation to produce high-quality science-driven extracts,

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Safe Harboring the 26% Solar Investment Tax Credit in 2020

By John Shaw, Commercial & Industrial Solar Developer at Namasté Solar Since it was enacted in 2006, the federal solar investment tax credit (ITC) has helped support the growth of solar energy across the country by more than 10,000 percent, according to the Solar Energy Industries Association. This tax credit, as opposed to a deduction,

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Affordable Housing Community in Vail Refinanced

Middle creek Village, a 142-unit affordable housing community located in the heart of Vail, has been refinanced. CBRE arranged the $23.52 million financing on behalf of developer Coughlin & Company, in a transaction that closed July 1. Located at 145 Frontage Road West just across from downtown Vail, Middle Creek Village is a deed restricted affordable housing community that

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Movers and Shakers Week Ending 07.10.20

Atlas Real Estate Hires Standout Cassie Stenson As New Marketing Manager Atlas Real Estate, a full-service real estate company specializing in investment brokerage, property management and institutional acquisition, announced standout candidate Cassie Stenson as its new marketing manager. In her new role, Stenson will lead Atlas’ marketing and branding initiatives, coordinating efforts with key business line leaders and

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Greystar’s First “Active Adult” Community Opens at 9th + Colorado

Greystar Real Estate Partners, LLC (“Greystar”), a global leader in the investment, development, and management of high-quality rental housing properties, today announced the completion of construction with move-ins commencing at Overture 9th + Co – a luxury 55+ community by Greystar that is part of the 26-acre 9th + Colorado redevelopment project near Cherry Creek.

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