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The Citadel Building in Cherry Creek Sells for $44M

Leave a Comment / Brokerage, Office /

LA-based CRE investment firm Commonwealth Avenue Capital Partners, LLC (CAC Partners) has acquired The Citadel at Cherry Creek, a 131,000-square-foot, 7-story Class A office property, for $44 million. The building, previously owned by Denver-based Amstar, was fully leased at the time of sale, with anchor tenant New York Life Insurance Company occupying more than 20,000 square feet of […]

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Centrally Located Denver Industrial Facility Fills Remaining Vacancies

Leave a Comment / Brokerage, Industrial /

A 112,509-square-foot industrial facility, located in an enterprise zone within unincorporated Adams County at 500 W. 53rd Place, has signed two new tenants. Threewit-Cooper Cement Co., a Denver-based masonry building product supplier, leased 25,208 square feet and Hajoca Corporation, the nation’s largest privately held wholesale distributor of plumbing, heating, cooling and industrial supplies, leased 39,202 square feet.

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Pandemic-Induced Recession Likely to be Short, says ULI Economic Forecast

Leave a Comment / Reports /

The Urban Land Institute’s latest Real Estate Economic Forecast shows that, while the COVID-19 crisis has sent shockwaves throughout the world, U.S. real estate economists are predicting some light at the end of the tunnel, with a short-lived recession and above average GDP growth in 2021 and 2022. The report’s conclusions are based on a May 2020

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R+B Named Architect for the New Digital Fabrication Lab at Anderson Ranch Arts Center in Snowmass

Leave a Comment / Architecture, Development, Education /

Rowland+Broughton Architecture/Urban Design/Interior Design has been selected as the architect on the new Digital Fabrication Lab (Fab Lab) project at Anderson Ranch Arts Center in Snowmass, Colorado. Over its 54-year history, Anderson Ranch Arts Center has had a history of embracing innovative new technologies and incorporating them into the arts curriculum offered on their campus.

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Two Residential Projects Planned for Lone Tree

Leave a Comment / Affordable Housing, Development, Multifamily /

Two new residential projects are planned for Lone Tree at the RTD RidgeGate Station Transit Oriented District (TOD) site, including a market rate apartment complex by Regency Residential and RidgeGate and Lone Tree’s first affordable housing project by Koelbel and Company, which was recently awarded low income housing tax credits from the Colorado Housing Finance

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Newly Built Multifamily Complex in Broomfield Sells for $90M

Leave a Comment / Brokerage, Multifamily /

Even during this pandemic, big sales continue to close successfully. A California-based company has purchased Fusion 355, a 286-unit multifamily property, located at 355 Eldorado Boulevard in Broomfield’s Interlocken neighborhood, for $90 million. Dan Woodward, David Potarf and Matt Barnett with CBRE Capital Markets in Denver represented the seller, AG Spanos from Stockton, Calif. Marc Ross with CBRE’s

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Local Construction Workers Support Working Families

Leave a Comment / Charity, Construction /

Enrique Elizondo and Rusty Gonzales, friends and construction professionals in Denver for more than 30 years, have launched the “I’m Essential” campaign – a creative effort to support working families during this time of need.  The term “I’m Essential” is a badge of courage and honor. Through the sale of “I am Essential” stickers and t-shirts,

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Leasing of Flex Space in Frederick Prompts Neighboring Land Sale

Leave a Comment / Brokerage, Development, Industrial, Office, Retail /

5.03 acres of land located at 4465 Salazar Lane in Frederick, CO has sold for $700,000. In addition, 100 percent of the 12 units at a new 30,000-square-foot flex space in a neighboring area located at 4030 Bruin Blvd, were leased to small business owners including contractors, financial advisor, coffee roaster, pool services, auto accessories Cobey Wess

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Switchbacks FC Stadium in Colorado Springs Tops Out

Leave a Comment / Construction, Development /

On Friday, May 15, GE Johnson installed the final steel beam on the Switchbacks FC Stadium, located in downtown Colorado Springs. Per tradition, the beam was flanked by the American and Colorado state flags as well as the Switchbacks official flag and an evergreen tree. Designed by Chicago-based Perkins and Will, the Switchbacks FC Stadium will

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Luxury Townhomes for Sale at 9th and Colorado

Leave a Comment / Architecture, Brokerage, Development /

Sales are underway at Ella CityHomes, the first for-sale property on the buzzing 26-acre multi-million dollar neighborhood at 9th and Colorado (9+Co). The vibrant work-live-play community offers luxury urban living amongst 2020s most anticipated restaurants, boutique retail, state-of-the-art fitness facilities, innovative office space, and more. Private showings will launch on May 23rd. Developed by CIM Group

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