Author name: milehighcre

Brinkman Executes First Acquisition Outside of Colorado

As part of their focus on real estate acquisitions, real estate investment and development company, Colorado-based Brinkman just closed on an existing multi-family community in Payson, Utah.  Eversage, a newly constructed, 168-unit complex is located within the fastest-growing region of the Greater Salt Lake Area, the Provo MSA. The project was completed in 2019 and […]

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Wells Concrete Opens Innovative Office and Manufacturing Facility in Brighton

Wells Concrete, one of the top five precast providers in the U.S., has opened a new office and production facility located at 2145 East Crown Prince Boulevard in Brighton. The state-of-the-art manufacturing facility will enhance current capability, flexibility, and increase capacity with long line prestressing forms for the Denver market. Wells is consolidating its two existing facilities at 5801 Pecos Street

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Certified Business Development Classes Go Virtual June 16

As the the first organization in the country to offer a Certified Business Developer (CBD) accreditation, the mission of the Business Development Guild is to be the premier source of education, coaching and support for the business development profession. Beginning June 16, current and next generation professionals will be able to take the training program online.

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NAIOP Sentiment Index Indicates Unfavorable Conditions

The NAIOP CRE Sentiment Index, based on a survey of real estate practitioners, has dropped below 50 for the first time since its inception, indicating that unfavorable CRE conditions are expected in 12 months. However, because the survey was conducted March 11-25,  as the nation was rapidly reacting to the COVID-19 pandemic, the long-term outlook

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Denver to Consider Rapid Activation of Commercial Streets

By Katie Rapone, editor, Mile High CRE In a letter to Mayor Michael Hancock, the Downtown Denver Partnership has proposed plans to temporarily shut down streets in nine of Denver’s popular neighborhoods, to allow retail and restaurants to utilize sidewalk and street space during the pandemic. According to the DDP, Denver restaurants reported a 76

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Movers and Shakers Week Ending 05.15.20

Design Workshop Announces 2020 Principal & Associate Promotions Design Workshop, an international landscape architecture, planning and urban design firm, has promoted three people in its Denver office. Chris Geddes was promoted to principal,  Jamie Fogle was promoted to technical principal, and Alex Hill was promoted to associate. “While COVID-19 has us all working from home, we remain committed to recognizing

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Local Developer Unveils Waterfront Community

Highland Development Company (HDC) is preparing to unveil its latest waterfront community in Denver. Berkley Shores is nestled between Berkeley and West Highlands, adjacent to Lake Pomponio and Clear Creek Valley Park, providing residents with a relaxing retreat from downtown Denver while still maintaining quick access to the city. The community boasts 89 single family and

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Online Searches for Office Space Increase in May

According to Google Trends data, the popularity of key search terms for office listings has seen an important drop with the onset of the COVID-19 crisis. However, the last couple of weeks have brought encouraging signs that the market might already be on track for a rebound. CommercialCafe’s latest office study asked CommercialCafe and PropertyShark visitors

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Investment in Private Real Estate Could Help Weather the Storm

According to a whitepaper published by Black Creek Group, an experienced real estate investment management and development firm with an office in Denver, today’s bear market paired with a low rate environment have exposed the shortcomings of traditional portfolio construction, and investors need new investment options to achieve positive long-term results. A portfolio inclusive of

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Lakewood Industrial Property Sets Record Price Per Square Foot

Cushman & Wakefield recently brokered the sale of a freestanding industrial building in Lakewood. Located at 12290 W. Alameda Dr., the 4,465-square-foot building is situated on 1.55 acres and sold for $1.465 million or $328/sf. The seller was 1st Electric Investors LLC and the buyer was 3bar Denver LLC, an owner/user that will use the

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