Author name: milehighcre

Downtown Parking Garage Sells for $10.65M

California Street Parking, a 25-parking space garage located at 1627 California Street in downtown Denver, has sold for $10.65 million. The sale reaffirms the demand for parking at a time when self-driving cars are projected to reduce the need for parking in coming years. Built in 1998, the 9-story garage is one of the few standalone, purpose-built parking […]

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Clarion Partners Purchases Two Boulder Apartment Assets

Element Properties, a Boulder-based real estate development and investment company, has sold two of its Boulder apartment assets to New York-based Clarion Partners. 2121 Canyon, a 60-unit apartment asset located at 2121 Canyon Boulevard, sold for $17.5 million and 2000 Walnut, a 32-unit apartment building at 2000 Walnut, sold for $10.477 million. Newmark Knight Frank’s Andy Hellman and Justin

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JE Dunn Moves into New Tower at Colorado Center

JE Dunn Construction’s West Region Headquarters has a new Denver home at Colorado Center Tower III at I-25 and Colorado Blvd. While they are not moving far, formerly residing in Colorado Center Tower I, this move is significant as JE Dunn served as the original general contractor for the 16-story Tower III office building, which completed construction in 2016.

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Denver Industrial Investment Property Sells for $21.1M

A 107,303-square-foot industrial asset located at 9950 E. 40th Avenue in Denver, has sold for $21,105,000. H-B Tempe, LLC, a private investor based in Minneapolis, sold the property to Woodspear Properties (Ascendant Capital Partners DNA, LLC). H-B Tempe, LLC was represented by Newmark Knight Frank (NKF) on the transaction, with a team that included Mike Wafer, SIOR,

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Morrison Camp Barracks to Undergo $1M Rehabilitation

By Melanie Short, AIA, LEED AP, senior associate, RATIO/HPA In 2019 RATIO | HPA, was hired by the City and County of Denver Parks and Recreation, to design the rehabilitation of the 2,500-square-foot barracks building located near Red Rocks Amphitheater in Morrison, Colorado. The overall vision for the property is to allow access to the public

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Movers and Shakers Week Ending 2.7.20

Saunders Construction Announces Two Executive Promotions Saunders Construction, Inc. announced the promotion of Justin Cooper to the role of president of Saunders Construction, LLC, while Greg Schmidt continues to serve as the CEO of Saunders Construction, Inc. An additional executive promotion names Tom Alford as senior vice president of Saunders Construction, LLC. This change follows a proven leadership

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Bold Renewables Relocates to Diamond Valley Tech Center in Windsor

Solar company Bold Renewables, LLC, has signed a lease for 23,215 square feet at the Diamond Valley Tech Center, located at 840 Diamond Valley Parkway in Windsor. Mike Eyer and Julius Tabert with CBRE’s Fort Collins office represented the building landlord. Joe Palieri of NAI Affinity represented the tenant. “Windsor’s central location among the population centers of northern

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ULC Purchases Former School Building in Park Hill to House Health and Wellness Nonprofit

Urban Land Conservancy (ULC) has purchased the former Roots Elementary School building located at 3350 Holly Street in Denver’s Park Hill neighborhood. ULC owns the land under the building in its community land trust to preserve the property for community beneficial use. The 99-year ground lease created an opportunity for The Center for African American

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Joint Venture Acquires Compark Industrial Portfolio

A new joint venture formed by CWCapital and Colorado-based Kenai Capital Advisors has acquired the portfolio of three industrial properties in the Compark Business Park in Englewood. The partnership purchased the 263,734-square-foot portfolio containing 8560 Upland Drive, 8490 Upland Drive, and 14800 Grasslands Drive from Hendricks Commercial Properties for $41 million. “This acquisition reflects a major

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