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New Class A Industrial Development Coming to Arvada

DENVER – Mountain Gateway, a new 142,180-square-foot industrial development, developed by California-based Cale Enterprises, LLC, is coming to Arvada in Q3 2019. The Class A warehouse/office project will be the largest speculative industrial project built in Denver’s supply-constrained west submarket in more than 15 years, where only 370,500 square feet of speculative warehouse/manufacturing facilities have been delivered since 2000. […]

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DAM North Building Renovation Project Crane Assembly Marks a Milestone and Temporarily Closes Roads

DENVER — Marking a major milestone for the North Building renovation project at the Denver Art Museum (DAM), the museum will soon be the temporary home to a 260-foot-tall Manitowoc 2250 crane that will be able to lift materials weighing as much as approximately 33,000 lbs. The erection of the crane will help set structural steel

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Two Additional Hotels Planned for Centerra in Loveland

LOVELAND – McWHINNEY and Stonebridge Companies recently partnered to deliver the fourth hotel in Loveland’s Centerra master-planned community. Construction is underway on the Courtyard by Marriott property, which is planned to open in late 2018. In addition, the partnership has also announced plans for two additional hotels, supporting demand for hospitality offerings with six total hotels in

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CBRE Survey Finds Industrial and Logistics Sector Remains ‘Blisteringly Hot’

DENVER — CBRE’s H1 2018 North America Cap Rate Survey — which provides insights on movements for the major property asset classes — shows that cap rates remained broadly unchanged across the sectors in H1 2018, except for some retail segments. Industrial cap rates tightened the most and multifamily rates edged down modestly. Office cap rates were generally

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Restored Ironworks Building to Open as Denver’s Newest Event Space

DENVER— Following years of dormancy, the Ironworks building in Denver has been carefully restored into a new event venue set to open this fall. Dating back to the turn of the century (1903), the Midwest Steel and Ironworks was a Denver landmark, serving as the headquarters for the drafting and operations of Midwest Steel. The complex was

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transactions

Transactions Report Week Ending 08.31.18

Radius Uptown Apartments sell for $134.97 Million  Radius Uptown Apartments, formerly Alexan Uptown, located at 1935 Logan St., has sold for $134.97 million according to Denver County Public Records. The 372-unit, 12-story complex was sold to Equity Residential by developer Trammell Crow Residential. The HFF investment advisory team representing the seller included managing director Jordan

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Movers and Shakers

Movers and Shakers Week Ending 08.31.18

Tributary Real Estate Expands Brokerage Team Tributary Real Estate, a fully integrated Denver-based brokerage, development and investment firm, recently welcomed Associate Broker Jake Gustafson to its growing team. “We’re always on the lookout for brokers who share our passion for delivering a high level of service in everything we do,” said Andy Cullen, managing broker

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Amazon Expanding Boulder Presence

BOULDER — This Fall, Amazon will expand into a three-story, 37,000-square-foot office building in downtown Boulder at 1900 15th St., to accommodate the company’s advertising business and rapid growth. “With Boulder’s technical talent and culture of innovation, Amazon is pleased to be bringing additional jobs to the city as its presence in Colorado grows,” according to an

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North America’s Largest Climbing Gym Opens in Englewood

ENGLEWOOD – Earth Treks Climbing and Fitness will open North America’s largest indoor climbing gym tomorrow, August 31. The 53,000-square-foot facility in Englewood takes over the previous Sports Authority headquarters at 1050 W Hampden Ave. The new facility will feature world-class climbing and bouldering, along with amenities such as a yoga studio, fitness and cardio zones, climbing

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CBRE Report Shows Impressive Growth in Colorado’s Tech Economy

DENVER – A new report by CBRE confirms that Colorado’s tech scene is expanding at a rapid rate. According to the report 22 technology companies opened new Colorado offices or moved their headquarters to the state in the past year and technology absorbed 849,000 square feet in incremental space across the state from Q3 2017 to Q2 2018—more than

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