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Border States Industries, Inc. Leases 21 Acres in Commerce City

Leave a Comment / Brokerage, Industrial /

Border States Industries, Inc., provider of innovative product and supply chain solutions, has signed a 21.32-acre lease of 10600 Havana Street in Commerce City. Chicago-based real estate investment and development company Industrial Outdoor Ventures (IOV) purchased the site in February 2020. The site features I-2 zoned land with site improvements including utilities, road base, lighting and security fencing. The […]

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14 Acres Sells in Thornton for New King Soopers

Leave a Comment / Brokerage, Land Sales, Retail /

Dillon Companies, Inc. (owned by The Kroger Co.) of Cincinnati, has purchased 14 acres in Thornton for the construction of a large-format King Soopers grocery store and fuel center in the master-planned Amber Creek community. Jon Weisiger and Jim Lee of CBRE’s Denver office represented the seller, Stratus Companies of Greenwood Village, CO. “Grocery has long been a standout

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Evolve Towers Receives Unanimous Approval

Leave a Comment / Architecture, Condominium, Design, Development /

Evolve Towers, 23-story residential development in Arapahoe Square, designed with a “net zero” energy goal, received unanimous approval by Arapahoe’s Downtown Design Advisory Board (DDAB) last week. According to public records, Denver-based Ubuntu Partners purchased 838 Park Avenue West and 2250 Champa St. in Arapahoe Square in November 2019, for $5.5 million. Design partners OZ Architecture

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Rising to the Challenge in Crisis: How Developers Can Strengthen Community Togetherness

Leave a Comment / Community Involvement, Feature, Hospitality /

By Celeste Smith Developers are highly invested in the wellbeing of the projects they create, the businesses and residents they serve and the communities in which we all live, work and play. When impacts of the global COVID-19 pandemic resulted in widespread uncertainty, it was crucial for developers to rise to the challenge and shift focus toward innovation,

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Rocky Mountain Center for Innovation and Technology Sells for $15.5M

Leave a Comment / Brokerage, Industrial, Office /

The Rocky Mountain Center for Innovation and Technology, a 811,817-square-foot office/flex industrial property in Loveland, has sold to local owner RMCIT, LLC for $15.5 million. CBRE represented the seller, Cumberland & Western Resources, LLC, of Bowling Green, Kentucky. RMCIT comprises four buildings on 177 acres. It was built between 1962 and 1980 to accommodate a variety of uses,

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GE Johnson Inspires Girl Scouts to Build

Leave a Comment / Community Involvement, Construction, Development, Events /

in September, GE Johnson Construction Company hosted the 3rd Annual Build Like a Girl Day for the Girl Scouts of Colorado (GSCO). The event was held virtually due to social distancing requirements. GE Johnson has partnered with the Girl Scouts of Colorado for the past three years, hosting a day for the Girl Scouts to learn about careers in

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Elsy Studios Designs Outdoorsy, Adventurous Office in DTC

Leave a Comment / Design, Office /

Elsy Studios, a Denver‐based full-service commercial interior design firm, has completed AvalonBay Communities, Inc.’s new 7,000-square-foot Denver office on the 10th floor of the Class AAA 50Fifty office tower in the Denver Tech Center. “Taking inspiration from AvalonBay Communities’ mission statement, ‘Creating a Better Way to Live,’ we worked closely with the local team to create

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Construction of Erie’s Nine Mile Corner Underway

Leave a Comment / Brokerage, Construction, Development, Retail /

Evergreen Devco, Inc., a Denver-based retail and multifamily development company, has acquired the first and second phase of land for its 48-acre Nine Mile Corner mixed-use project in Erie. The project includes approximately 26 acres of retail, 12 acres of multifamily and 10 acres of open space. Brinkman began construction on Oct. 5. Located at the

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Micro-Unit Apartments in Denver Sell for $20.4M

Leave a Comment / Brokerage, Multifamily /

Economist, a micro-unit multifamily community located at 1570 and 1578 Humboldt Street in Denver, has sold to Avanti Residential, a Denver-based multifamily real estate company, for $20.4 million. The sale marks a growing trend in micro-units that provide luxury living at a more affordable price point. Built in 2018, Economist is a two-building property with 97 units

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

Leave a Comment / Multifamily, Rent, Reports /

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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