Matt Smith Starts a New Brokerage Premises Commercial Real Estate LLC After leading Vector Property Services for the past 25 years, veteran office leasing broker Matt Smith has started his own brokerage, Premises Commercial Real Estate. “I have always considered a customized and dedicated approach to each clients’ specific requirements, a key determinate to my […]
Movers and Shakers Week Ending 02.21.20 Read More »
Vacant land is a hot commodity in the commercial real estate sector. According to CRE data platform Reonomy, recent sales volume across the asset class has grown steadily over the past few years, with average sales price following suit in many markets. While national performance is strong, the national vacant land sales report indicates activity is
Colorado a Top 5 Market for Vacant Land Sales Read More »
Construction-Education.com, a leading educational provider to the construction industry, has announced it will provide its online course, How a Building is Designed and Built, free of charge to the students currently enrolled in the Associated General Contractors of Colorado’s Construction Careers Now program upon their successful graduation. Morris presented an overview of the course and
Boise, Idaho-based Alturas Capital Partners has purchased Centennial Technology Center, a 2-building office portfolio totaling 110,405-square-feet in Colorado Springs. Baxter Fain and Christina Grimme of Cushman & Wakefield Denver’s Equity, Debt & Structured Finance Group handled the $11,242,409 acquisition financing and worked on behalf of the buyer to provide 10-year, fixed-rate financing. The acquisition represented a rare
Idaho-based Investment Company Acquires 2-Building Office Portfolio in Colorado Springs Read More »
A 92,080-square-foot industrial-hybrid property in Englewood, home to one of the nation’s largest climbing gyms, has sold for $16.14 million. Jeremy Ballenger, Tyler Carner, Jim Bolt and Jessica Ostermick with CBRE Denver represented the seller, Ogilvie Properties based in Denver. Call Family Trust from Monterey, Calif., purchased the property in a sale that closed Feb. 12. The property, located at 1050 West
Industrial-Hybrid Property in Englewood Sells for $16M Read More »
Last night, the Denver City Council approved a new contract for the DIA Great Hall Renovation Project. The council approved a contract with Hensel Phelps Construction Company for $195 million through 12-31-21 to provide construction management and general contracting. Phase I of the Great Hall Project is scheduled to begin again in March. In July 2018,
City Council Approves $195M Great Hall Contract with Hensel Phelps Read More »
Progressive Casualty Insurance Company has signed a lease for 18,089 square feet of office space at The Offices at Victory Ridge, the first Class A speculative office development in Colorado Springs in over a decade. Brad T. Bird with CBRE’s Colorado Springs office and John Marold with CBRE’s Denver office represented the landlord, Mission Hill Capital. “Securing a
Progressive Insurance Joins The Offices at Victory Ridge Read More »
Today, AAA Colorado announced that 47 hotels and 19 restaurants in Colorado have been awarded AAA’s Four or Five Diamond Designation — two of the most coveted, well-known, and respected distinctions in hospitality. While four hotels maintained their position in the Five Diamond program, five Colorado properties joined the ranks for the first time. “There are a
5 Colorado Hotels Newly Designated with AAA’s Four Diamond Award Read More »
As Observatory Row, the new row homes in Denver’s Observatory Park neighborhood, continues to welcome new residents, construction of the development’s fifth and final building will be complete in May. Some of the construction work that is currently wrapping-up includes framing and window installation and the rough-in of mechanical, electrical and plumbing. The general contractor
Construction of Observatory Row Townhomes Nears Completion Read More »
PREP Property Group Inc. a Utah-based real estate company focused on creating value in retail real estate, recently acquired the Aurora City Place retail center in Aurora. The center is the latest property to be added to the PREP Strategic Investments portfolio. According to public records, the joint venture of Weingarten Realty Investors and GDC Properties
Aurora Retail Center Fetches $51.4M Read More »
