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Office Property in Sought-After Bonnie Brae Neighborhood Sells for $1.5M

Leave a Comment / Brokerage, Office, Retail /

An office property located at 1280-1288 South Clayton Street in Denver’s Bonnie Brae neighborhood, has sold for $1.485 million. Monica Wiley and Jeff Wood with CBRE Capital Markets in Denver represented the seller, the Estate of Carol L. Bethune from Denver. Endo of Cherry Creek Properties, LLC, also from Denver, purchased the property on Feb. 25. “Nestled

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Industrial Parcel in Arvada to be Developed into Flex Space

Leave a Comment / Development /

Madison Commercial Properties, a full-service commercial real estate company based in Denver, has announced the sale of 6762 Fig Street, Arvada. The vacant light industrial parcel, consisting of 2.10 acres, sold on March 9, for $640,000 or $7.00 per square foot. The parcel part of the well-established Parkway Center Business Park and will be developed into flex space

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Commercial Connected Lighting Saves Energy and Money, Study says

Leave a Comment / Design, Development, Sustainability, Technology /

A new report from Boulder-based Navigant Research explores the role connected lighting can play in advancing the intelligent buildings market. The report focuses on the how vendors must pivot their solution offerings in the new ecosystem of stakeholders  and value-added services that can provide increased opportunities while solving customer pain points. The growth of the intelligent buildings

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Stantec McGregor Square West Lot

Bank of Colorado and UMB Bank Provide Funding for McGregor Square

Leave a Comment / Construction, Development, Finance /

UMB Bank and Bank of Colorado today announced the origination of the credit facility for the construction of the McGregor Square project. Principal Owner of the Colorado Rockies, Dick Monfort, strategically made the decision for Bank of Colorado and UMB to be equal lead funders of the project because both banks know the market and have local

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Denver Industrial Development to See a 53% Boost in 2020

Leave a Comment / Development, Industrial, Reports /

Commercial Café’s latest study compares the top 20 industrial markets in the U.S. Using data from Yardi Matrix, the study looks at how much industrial space we can expect to be added in 2020. Overall, U.S. industrial property completions are set to add 186 million square feet across 627 properties. This is up 29 percent over last

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Newly Constructed Residential Tower in Downtown Denver Refinanced

Leave a Comment / Brokerage, Construction, Multifamily /

The Quincy, a newly constructed, Class A, 359-unit, high-rise residential tower located in downtown Denver’s financial district, has received $125 million in financing that will be used to refinance the borrower’s construction loan. JLL worked on behalf of the borrower, a joint venture between 1776 Curtis, LLC and Pacific Life Company, to secure the 10-year, 3.4 percent, fixed-rate

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Thornton Recreation Center to Undergo $13M Renovation

Leave a Comment / Architecture, Construction, Development, Renovation /

Pinkard Construction has been awarded the $13 million dollar renovation of the Margaret W. Carpenter Recreation Center in Thornton. The project will be an occupied renovation and is expected to begin construction in early spring of this year. Architectural design services will be provided by long-time Pinkard collaborator Ohlson Lavoie Collaborative (OLC), a firm with over 59 years

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Let’s Change the Conversation: The Importance of Mentorship and Taking Risks for Women in CRE

Leave a Comment / Brokerage, Diversity, Feature /

By Cara Stamp, research analyst, Avison Young “I’d like to see the rhetoric change.” That was the answer Dawn McCombs — principal and lead industrial broker in the Avison Young Denver office — gave when asked what she’d like to see done about the advancement of women in commercial real estate. “Women are powerful. I’d love to

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Howell Construction Completes AHEC | Metro State University Renovation Project

Leave a Comment / Architecture, Construction, Development, Education /

Howell Construction and Perkins+Will recently completed the State of Colorado’s, Auraria Higher Education Center (AHEC)| Metropolitan State University Locker Room and Bleacher renovation project located in downtown Denver. The project was built in the occupied PE Building on the AHEC campus. The 18,000-square-foot locker room renovation was a total gut and re-build. The overall intent of the project was

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Kiewit’s Regional Headquarters Tops Out

Leave a Comment / Construction, Development, Engineering, Events /

Today, Kiewit Corporation, one of the largest construction and engineering organizations in North America, celebrated the topping-out of its new 252,000-square-foot regional headquarters in Lone Tree’s RidgeGate community. The new headquarters will provide a central hub for the company’s existing Colorado-based staff of 900, who are currently spread out across the state in a number

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