Author name: milehighcre

Majestic Realty Co. Signs Subaru to 550,000-Sq.-Ft. Build to Suit

Majestic Realty Co., the largest privately owned industrial developer in the U.S., has signed a long-term lease agreement with Subaru of America for a 550,000-square-foot build-to-suit building at Majestic Commercenter, a 1,600-acre master-planned park located at the intersection of I-70 and Tower Road in Aurora. Subaru will relocate from a smaller existing location less than 2 miles […]

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Movers and Shakers Week Ending 08.07.20

Nonprofit Arts Exhibition Space Union Hall Names New Executive Director   Union Hall, a nonprofit arts exhibition space and emerging artist platform located on the ground level of The Coloradan, today announced that they have selected Emma Perez Steuer to serve as its new executive director. Drawing on her extensive fundraising background, Perez Steuer will advance the

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Transwestern a Best Place to Work for Millennials

Great Place to Work® and Fortune magazine have named Transwestern Real Estate Services (TRS) one of the Best Workplaces for Millennials for the fourth time. Transwestern is the only third-party, full-service commercial real estate firm to be recognized. “To be recognized for our culture of empowerment, inclusion and innovation,” said Tom Lawyer, president of Transwestern Real

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City of Arvada Launches Interactive Development Map

The City of Arvada has launched a new interactive map that lists developments under review by the Community and Economic Development Department. The new map is designed to make it easier for community members to learn about projects that are divided into four categories: Upcoming public hearings; Applications under review; Projects under construction; and Variances. Properties that are under review and pending

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Rowland+Broughton Named to PSMJ Circle of Excellence

Aspen-based Rowland+Broughton has been named to the exclusive Professional Services Management Journal’s (PSMJ) 2020 Circle of Excellence, for the ninth year running. The listing recognizes successfully managed architecture and engineering firms demonstrating outstanding achievements in 13 key performance metrics, measuring growth, profitability, the ability to attract and maintain talents, cash flow management, and efficiency of

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City Proposes Equity Driven Community Solar Garden Project

The City and County of Denver is partnering with McKinstry, a national construction and energy services firm, to install, build and maintain up to 15 MW of community solar gardens on municipal rooftops, over parking lots, and on vacant land. As part of the Renewable Denver Initiative, this project will propel the City even closer to reaching the goals outlined in its 100 percent

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Landmark Corporate Center Refinanced

Landmark Corporate Center, a 210,557-square-foot, multi-tenant office building located at 5500 South Quebec Steet in the Denver Tech Center has received a $25,480,000 cash-out refinance. Landmark Corporate Center is currently 100 percent leased. The property is walkable to nearby amenities such as The Landmark, a 170,000-square-foot mixed-use center and the Orchard Light Rail Station. The refinance

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CBRE Completes 31,000-Sq.-Ft. Office Sublease in Fort Collins

CBRE has completed an office sublease for ASRC Federal Holding Company at 3420 East Harmony Road in Fort Collins. Matt Patyk of CBRE’s Fort Collins office and Dominic Orfitelli of CBRE’s McLean, Va., office represented the tenant in the 31,000-square-foot sublease. The sublease commences in the third quarter of 2020. The sublessor is Comcast. “I am very proud

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Vacant Property Coverage Amid COVID-19

By Morgan P. Mahoney Whether we see a V-shaped recovery or a swoosh, there are bound to be retailers and restaurants forced out of business in the next few months and perhaps beyond. Larger corporations, meanwhile, are increasingly embracing remote work. The consequence of all this is clear: commercial vacancy rates may be higher than anyone likes for

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Affordable Housing Portfolio Sells in Northern Colorado

Three affordable housing apartment communities in Northern Colorado have sold for $8,650,000, according to Skyler G. Cooper, regional manager of Marcus & Millichap’s Denver office. Together, Centennial Village in Evans, the Camelot Apartments in Greeley, and the Villa 14 Apartments, also in Evans, total 104 units. This was the buyer’s first affordable transaction and represents a

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