Cottonwood Terrace, a 200-unit apartment community located in Colorado Springs, has been sold to Oak Coast Properties for $37.25 million. The firm is planning a $1.5 million renovation to the community as part of a value-add investment strategy aimed at the vast number of millennials moving into the region and looking for quality housing where housing demand continues
Rocky Mountain Public Media (RMPM) announced today the official opening of its new building, the Buell Public Media Center, located at 2101 Arapahoe St., Denver, CO, 80205. RMPM, the parent company of Rocky Mountain PBS, KUVO JAZZ and THE DROP, is Colorado’s largest statewide, member-supported multimedia organization with 90,000 members and stations in Denver, Pueblo/Colorado Springs,
Buell Public Media Center Opens at 21st and Arapahoe Read More »
SHARC International Systems Inc. announced today that it will implement its innovative wastewater energy system at 3200 Bluff Street, the second phase of Morgan Creek Ventures (MCV) larger mixed-use Boulder Commons development. The SHARC Energy system, called PIRANHA™, will help the two-building, 98,000-square-foot development achieve its Net-Zero-Energy (“NZE”) and Net Zero Carbon goals by capturing the heat in the
Steelhead Composites Inc,, a Colorado-based company that specializes in making metal containers that are filled with liquid or gas at high pressures, has signed a lease for Unit 150 in the Jeffco West Building at 11900 W. 44th Ave. in Wheat Ridge, according to Todd Brown, Commercial Broker & Advisor at Madison Commercial Properties, Ltd. Originally
Steelhead Composites Inc. Leases Warehouse in Wheat Ridge Read More »
Denver-based EverWest Real Estate Investors has purchased a two-building, 219,000-square-foot speculative industrial project fronting Interstate 25 in Thornton. The property includes an adjacent, pad-ready site where EverWest will soon begin development on a third, 121,000-square-foot Class A industrial building, and acreage for additional phases to be developed by EverWest based on market demand. EverWest purchased
EverWest Buys Two-Building Industrial Spec Project in Thornton Read More »
The 57th Annual Gold Nugget Awards were held virtually on July 24, to honor top innovators in design, planning and development. International architecture firm, KTGY Architecture + Planning, was recognized in 13 different categories receiving 15 awards. The award program honors architectural design and planning excellence and draws entries from throughout the United States and internationally.
KTGY Architecture + Planning Receives 2020 Gold Nugget Award for Littleton Project Read More »
Rider Levett Bucknall (RLB) has released its latest Quarterly Cost Report (QCR) for North America. With data current to April 1, 2020 and featuring construction cost information for 14 U.S. and Canadian markets, the QCR provides a statistical view of the state of the construction industry. In April, Denver construction costs were recoded above the
Denver Construction Costs Above National Average, says Report Read More »
The Opus Group (Opus) announced today that Eric Chamberlin has joined Opus as a senior manager of real estate development. He will focus on identifying and executing multifamily, senior living, and industrial development opportunities across the greater Denver region. “We’re thrilled to have Eric join our team and look forward to leveraging his knowledge in
Movers and Shakers Week Ending 07.24.20 Read More »
4000-4010 West Conejos Place, a 4,900-square-foot multifamily property in Denver, has sold for $1.9 million. The sale signals a growing trend in short-term rental property investment. Robert Bratley with CBRE’s Denver office represented the seller, a private local investor, in a sale that closed July 17. “4000-4010 West Conejos Place has a lodging license allowing short-term rentals, which
Short-Term Rental Community in Denver Sells for $1.9M Read More »
Apartment market conditions weakened in the National Multifamily Housing Council’s Quarterly Survey of Apartment Market Conditions for July 2020, as the industry continues to cope with the ongoing COVID-19 pandemic. The Market Tightness, Sales Volume and Equity Financing indexes all came in well below the breakeven level. However, in a positive sign, the index for Debt
July Apartment Market Shows Continued Impact of COVID-19 Outbreak Read More »
