Evergreen Devco, Inc. recently acquired the first phase of land from the Town of Erie Urban Renewal Authority for its 48-acre Nine Mile Corner mixed-use, public-private partnership, and construction activities commenced Oct. 5. Located at the southeast corner of intersection U.S. 287 and Arapahoe Road, Nine Mile Corner consists of approximately 26 acres of retail, 12 […]
Land at Nine Mile Corner Acquired Read More »
The 175,000-square-foot Exchange at Boulevard One project is the only commercial development at Boulevard One, the 70-acre parcel that represents the newest neighborhood to be developed at Lowry. The initial phase of the mixed-use project – comprising 135,000 square feet – broke ground in April 2019 and is anticipated for an on-schedule completion in spring 2021. A small-format Target will be the anchor tenant for
Exchange at Boulevard One Welcomes New Tenants Read More »
CBRE’s Frederic de Loizaga Earns WELL Accredited Professional (WELL AP™) Credential Frederic de Loizaga, a first vice president with CBRE’s Denver office, has earned the WELL Accredited Professional (WELL AP TM ) credential through the International WELL Building Institute TM (IWBI TM ), placing him among a group of leading professionals who are dedicated to supporting human health and
Movers and Shakers Week Ending 10.09.20 Read More »
The National Multifamily Housing Council (NMHC) Rent Payment Tracker found 79.4 percent of apartment households made a full or partial rent payment by October 6 in its national survey of 11.4 million units. This is unchanged from the share who paid rent through October 6, 2019 and compares to 76.4 percent that had paid by
79.4 Percent of Apartment Households Paid Rent as of October 6 Read More »
Denver-based Alterra Mountain Company, a a community of 15 iconic year-round destinations, including the world’s largest heli-ski operation, is adding two new divisions to the company, Hospitality and Real Estate. These divisions will work in parallel with the Mountain Division, made up of the company’s 15 North American mountain destinations. The Hospitality Division is responsible
Alterra Mountain Company Adds Hospitality and Real Estate Divisions Read More »
Border States Electric, an electrical supplier to construction, industrial, and utility customers, has signed a 82,000-square-foot lease at Colorado Logistics Park. The lease demonstrates a growing trend of tenant demand in Denver’s Northeast industrial submarket, specifically along the I-76 corridor, as it offers compelling transportation, economic, and workforce advantages. Colorado Logistics Park is located along the
Tenants Show Increasing Interest in I-76 Corridor Read More »
A joint venture consisting of Urban American and Madison International Realty has purchased Marquis at the Parkway, a 460-unit multifamily community located at 1170 Galapago Street in Denver. The three-tower property sold for $140 million, according to property records. Newmark Knight Frank Vice Chairmen Shane Ozment and Terrance Hunt together with Senior Transaction Manager Amanda Meldrum and Transaction
Marquis at the Parkway in Downtown Denver Sells for $140M Read More »
Saunders Construction, Inc. held its third annual Clay Shoot Fundraiser on Oct. 6 to support its 2020-2021 Building Confidence in Kids (BCiK) partner, HopeKids Colorado. With the support of 48 industry partners, 60 teams, 15 sponsors and 21 volunteers, the committee was able to raise $48,903 for HopeKids Colorado. “We were unsure if we’d be
Saunders Raises Over $48,000 to Support HopeKids Colorado Read More »
Our current pandemic has changed the way we live, work, and play. And as we adjust and acclimate, the power of resources, connection, and community matter more and more each day. SMPS Colorado is providing valuable resources for professional development to help you and your firm grow. Join them for both virtual and in-person programming through their event page registration.
SMPS October Programming & Volunteer Event Read More »
By Rachel Mountain For commercial property owners with triple net leases (NNN), recouping the costs of a capital energy improvement can be a barrier to making sustainable investments. Typically, these improvements lower the tenants’ utility bills in NNN leases, so the owner is not financially incentivized to invest in those improvements. This is known as the “split incentive.”
How to Overcome the Split Incentive with Solar Read More »
