Author name: milehighcre

Biopharmaceutical Facility in Boulder Changes Hands

AGC Biologics has purchased a state-of-the-art commercial biopharmaceutical facility in Boulder. The facility, formerly owned by London-based pharmaceutical giant AstraZeneca, will provide AGC Biologics with additional commercial-scale manufacturing capacity for its biopharmaceutical CDMO business when it enters operation in April 2021, more than 18 months sooner than a new-build facility. According to public records, the

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CBRE Vice Chairman Announces Retirement

CBRE announced this week that Denver commercial real estate icon Michael Winn is retiring. Winn has been at the forefront of Colorado investment property sales for over 35 years. Together with his team he has executed over $21 billion in transactions, touching most of Denver’s highest-profile assets. The Winn-Richey team, including his business partner of 30 years Tim Richey,

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Progress at Veterans Renaissance Apartments Project in Aurora

According to an update from Alliance Construction Solutions, the Veterans Renaissance Apartments project in Aurora is well underway. The project is being developed by Colorado Coalition for the Homeless and designed by Studio Completiva. The Veterans Renaissance Apartments project is an addition to the Fitzsimons Campus, and is located near the new VA Medical Center. This 55,000-square-foot

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Sale of 24-Acre Parcel in Parker Officially Paused

The sale of a 24-acre parcel known as Pine Curve, located east of Pine Drive, adjacent to the Parker Library in downtown Parker, has been paused and is no longer actively for sale. The site presents more development space than the other site in Parker, according to Parker’s My Mainstreet Strategic Framework, a guiding document intended to

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AGC of Colorado Aids Colorado Economic Recovery Efforts

The CEO of the Associated General Contractors of Colorado (AGC of Colorado), Michael Gifford, has been appointed to the economic recovery councils at both the state and local levels in Colorado, to aid COVID-19 relief. The State of Colorado’s Governor, Jared Polis, named Gifford along with AGC of Colorado’s Chairman of the Board, Byron Haselden,

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Virtual Tours Growing in Popularity, Survey says

As social distancing becomes the new norm, the pandemic is fundamentally changing apartment hunting. While “virtual tours” are still on everyone’s lips, there’s another feature becoming increasingly popular: agentless self-guided tours. Why? Because most people would still like a solution that allows them to see their future home in person. In fact, according to RENTCafé’s latest

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Apartment Project Proposed for 19th and Chestnut

A multi-family project consisting of 198 apartment units is proposed for 2059 19th Street, at the intersection of 19th and Chestnut in Denver’s Union Station neighborhood. The 13-story project includes studios and one to four bedroom units, which will feature prominently in the two slender, brick-clad vertical forms. According to submittal documents, the vibrant community

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Denver-based Scythian Real Estate Acquires Two Cannabis Facilities

Denver-based Scythian Real Estate today announced the acquisition of two facilities operated by Grassroots Cannabis in North Dakota, totaling nearly 10,000 square feet for $3.4 million. The acquisition includes a recently renovated 4,500-square-foot facility located at 310 US-2 in Devils Lake, and a newly constructed 4,995-square-foot facility located at 318 24th St. East in Dickinson.

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Architect of the Month: Sarah Broughton, AIA, Principal Rowland+Broughton Architecture

Since its inception in 2003, Aspen-based Rowland+Broughton Architecture/Urban Design/Interior Design (R+B) has been producing award winning projects. As Principal, Sarah Broughton, AIA, NCIDQ leads R+B’s Denver and Aspen studios. Sarah also serves as West director on the AIA Colorado 2020 Board of Directors. She is especially focused on promoting the inclusion and participation of women in the field,

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New Construction Industrial Property in Colorado Springs Sells for $14.6M

California-based Nearon Enterprises has purchased a 99,960-square-foot industrial property located at 2640 Zeppelin Road near Colorado Springs Airport for $14.6 million. Developed by Scannell Properties and completed in 2019, 2640 Zeppelin Road is a multi-tenant distribution center leased to Geary Pacific Corp. and a national home improvement retailer. The building includes 30-ft. clear heights, ESFR sprinklers, dock-high and drive-in

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