Author name: milehighcre

NexGen Properties Acquires Rare Value-Add Industrial Building in Littleton

Greenwood Village-based NexGen Properties, LLC has acquired Shaffer Tech Center, a 100,550-square-foot industrial building  located at 7910 Shaffer Parkway in Littleton, for $7.8 million. Shaffer Tech Center was built in 2002 and served as the home of Apria Healthcare for 15 years. The building features a 24’ clear height, 13 dock-high doors with 4 levelers, 1 drive-in door, an […]

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Over 50 A/E/C Firms Attend HCC Women in Leadership Event

The Hispanic Contractors of Colorado (HCC) – a 501(c)(6) non-profit corporation focused on supporting small and diverse architect, engineering and construction (A/E/C) firms – kicked off their Women in Leadership committee with a breakfast at the Cherry Creek Innovation Campus (CCIC) on January 20. With more than 50 A/E/C firms in attendance and nearly 100 attendees, the need

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Cherry Creek and Boulder Among Most Expensive U.S. Office Submarkets

According to a study conducted by CommercialCafé, both Cherry Creek and Boulder made the Top 100 list of the most expensive office submarkets in the nation. Here are a few key takeaways from the study: Denver’s Cherry Creek is the most expensive submarket in Colorado, and the 31st in the U.S. Office space here comes

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In-Migration and Retail Sales Boosting Self-Storage

Marcus and Millichap’s Self-Storage Investment Forecast report details how demand for self-storage will be bolstered by elevated net in-migration and above-average retail sales growth in 2020. In-migration to Denver has remained high since a cycle-high 40,500 residents moved in during 2015. An additional 22,260 people will move in during 2020. The prominent outdoors culture in the region will

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Amazon to Build Huge Distribution Center at Colorado Springs Airport

According to the Gazette, Amazon will build a 4-million-square-foot distribution center at the Colorado Springs Airport business park. Amazon reportedly paid $6.33 million to Colorado Springs for 69.2 acres at the airports Peak Innovation Park. Plans filed with the city by developer Trammell Crow call for five stories of office, warehouse and distribution space. Peak Innovation

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Brand-New Industrial Center in Broomfield Sells for $47.8M

Interpark Industrial Center, a two-building, 239,816-square-foot property located at 11325 Main Street and 11380 Reed Way in Broomfield sold for $47.8 million on Feb 6. to Stockbridge Real Estate of San Francisco. Tyler Carner, Jeremy Ballenger, Jim Bolt, Jessica Ostermick and Frank Kelley with CBRE’s Denver offices along with Jeremy Kroner of CBRE’s Boulder office represented the seller, the

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Movers and Shakers Week Ending 02.14.20

Pinkard Construction Streamlones Leadership; Promotes Key Staff Pinkard Construction have made two personnel changes to best optimize their staff, company organization, and client experience. Derek Stathis and Dale Young have been selected to fill the newly created roles of director of construction management and director of field operations respectively. The new positions were developed as a

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ABC Rocky Mountain Chairman Testifies in Support of Bill Limiting Mobile Devices While Driving

Associated Builders and Contractors Rocky Mountain Chapter (ABCRMC) Chairman, Shane Fobes with Milender White, testified in front of the Colorado State Senate Transportation & Energy Committee yesterday at the Capitol in support of SB20-065 to limit mobile electronic devices while driving. “The widespread epidemic of distracted driving effects our fleet of 35 vehicles and drivers,”

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Slim Chickens Purchases Lot at Victory Ridge in Colorado Springs

Fast-casual restaurant chain Slim Chickens is opening its first location in the Colorado Springs market at Victory Ridge, the 153-acre mixed-use development located off Interstate 25 and Interquest Parkway. Whitney Johnson, Patrick Kerscher and Jon Weisiger with CBRE are marketing Victory Ridge for retail opportunities and represented the developer, Westside Investment Partners, in the property sale that closed Feb. 4.

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Triad Orchard Station Changes Hands, Transformation Underway

Denver-based investor and developer Focus Property Group has closed on the purchase of Triad Orchard Station and has hired the team of Ryan Stout, Nate Bradley, and Zach Williams of Cushman & Wakefield, as the exclusive leasing agents for the 414,831-square-foot, three building office campus. The campus is located at 5660, 5670, 5680 Greenwood Plaza Blvd.,

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