Author name: milehighcre

Q4 Denver Office and Industrial Marketbeats

Consistently ranked among the best economies and best places to live in the country, the metro continues to attract a highly skilled workforce and an increasingly diversified tenant mix as well. According to Cushman & Wakefield’s Q4 Denver Marketbeat report, the city added over 44,700 jobs year-over-year as of November and closed 2019 with an […]

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235-Unit Apartment Complex in Cherry Creek School District Sells for $46.2M

Los Angeles-based Marble Partners has purchased Torrey Pines, a 15-building, 235-unit apartment community located at 7575 East Arkansas Avenue in Denver, for $46.2 million. Dan Woodward, David Potarf and Matt Barnett with CBRE Capital Markets in Denver represented the seller, Vukota Capital from Greenwood Village. “Torrey Pines is well positioned for a comprehensive value-add program. The property includes modern features

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Business Development Guild Launches in Denver

The Denver Chapter of the Business Development Guild (BD Guild), an organization dedicated to building a bridge between business development and operations for companies serving the natural and built environments, will launch next month in the Mile High City. The Chapter will hold its Denver inaugural meet up on Thursday, February 6. Founded in 2017

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Office Building in Major Retail Corridor Sells for $1.85M

A two-story, 30,843-square-foot office building located in the Centerpointe Plaza shopping center in Colorado Springs, has sold for $1.85 million. CBRE retail specialists Patrick Kerscher, Dan Rodriguez and Whitney Johnson based in Colorado Springs represented the seller, Office Pad, LLC, from Phoenix, Ariz. Weston Thomas and Colin Thomas of Westward Properties represented the buyer, Spackler Capital, LLC, of Colorado

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Pickard Chilton Selected to Design T3 RiNo Project

Pickard Chilton, an award-winning architecture studio with an office in Denver, has been selected by McCaffery, Hines and Ivanhoé Cambridge to design T3 RiNo, a new Class-A, mixed-use office project in RiNo, scheduled to break ground next month. The six-story, 250,000-square-foot T3 (Timber, Transit and Technology) project at 3500 Blake Street will be one of the most environmentally friendly and

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Multifamily Investors Drawn to Colfax Corridor

According to Marcus & Millichap’s 2020 Multifamily Investment Forecast, Colfax Avenue remains the common denominator of many apartment deals as the corridor provides investors wide-ranging dynamics to fit various investment criteria. Colfax Avenue remains the common denominator of many apartment deals as the corridor provides investors wide-ranging dynamics to fit various investment criteria. The eastern section in

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Cañon City Retail Center Adds Department Store

Following the recent opening of Ent Credit Union, Gordmans will also join The Shops at Four Mile Creek, a 65,000-square-foot retail center located at 127 Justice Center Road in Cañon City, about 45 miles southwest of Colorado Springs. Gordmans, a national off-price department store, will replace Bealls with an opening scheduled for May 2020. “Located in the heart

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RTA Architects Recognized for Historic Preservation

RTA Architects, an award-winning Colorado Springs-based architectural and interior design firm, has received an Award of Excellence for Civic Restoration of an Historic Building for its work at Palmer Hall and Jones Hall on the campus of the Colorado School for the Deaf and the Blind (CSDB) from the Historic Preservation Alliance (HPA) of Colorado

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Denver an Emerging Market for Data Centers, says Study

Data Centers, once a niche investment and inflexible asset for global enterprises, are now a cornerstone of the information economy, and $100 billion has poured into the asset class over the past decade, according to Cushman & Wakefield’s Data Center Market Comparison. While the top 10 markets — Northern Virginia, Silicon Valley, Dallas, Chicago, New York/New

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