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TerraCap Management Acquires Centerpoint Office Center I & II in Denver

Leave a Comment / Brokerage, Office /

TerraCap Management LLC, a privately held investment firm headquartered in Estero, Florida, has acquired Centerpoint Office Center I & II in Denver, for $77,517,500. The acquisition consists of two multi-story office buildings totaling 373,724 rentable square feet. The seller, Investcorp International Inc. and Schnitzer West, was represented by Tim Richey and Jenny Knowlton of CBRE.  […]

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226-Room Hyatt Place Hotel Opens Near DIA

Leave a Comment / Development, Hospitality /

Today, Hyatt Place Peña Station/Denver Airport opened its doors and welcomed its first guests at 6110 North Panasonic Way in Denver. The new hotel features unexpected and experiential elements, including a curated Colorado-centric art program; a lively bar showcasing top local beers, wine and spirits; a resident Golden Retriever puppy named Denver greeting guests at check-in;

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Project One Foundation’s Annual Children’s Classic Raises More Than $600,000

Leave a Comment / Charity /

Denver-based Project One Cumming, which provides project management and related consulting services from its Denver area office, has a long history of working with not-for-profit organizations and believes it’s imperative to give back to the communities in which we live and work. With this commitment to serve, the Project One Foundation, a 501(c)3 was created with the

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Affordable Apartments in Thornton Fetch $61M

Leave a Comment / Brokerage, Multifamily /

Timber Lodge apartments, a 390-unit, multifamily community in Thornton has changed hands. Comprised of 15 two and a half-story buildings, the apartments sold to Los Angeles-based investment firm, Gelt, Inc for $61 million, according to Adams County public records. Vice Chairmen Terrance Hunt and Shane Ozment of Newmark Knight Frank provided strategic services to the seller,

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Class A Warehouse Portfolio in Aurora Acquired for $72M

Leave a Comment / Industrial, Investment /

ASB Real Estate Investments (ASB) has acquired a three-building, Class A warehouse portfolio totaling 633,193 square feet near DIA for $72 million. The investment was made on behalf of ASB’s Allegiance Real Estate Fund, a $7.5 billion core vehicle. CBRE’s Jim Bolt, Tyler Carner and Jeremy Ballenger represented the seller, a Blackstone affiliate, Link Properties. The sale marks

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Construction Making an Impact: How Andy Stewart, Vice President of Howell Construction, Applies Industry Knowledge to his Role as Founder and President of True Impact Ministries

Leave a Comment / Charity, Construction, Development, Feature /

By Maggie Brown, marketing coordinator, Howell Construction In 2005, a group of nine people travelled to Uganda, East Africa, to build a new school building, pit latrine, and rainwater collection system for the community of Nkonya. What started out as a few people with a common goal to make a difference, has now grown into an international organization that “enables

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Construction Moving at a Rapid Pace at the DPS Paul Sandoval Campus

Leave a Comment / Architecture, Construction, Education /

Construction for the $65.7 million project, which includes a two story 46-classroom building; a music/drama addition, two new auxiliary gyms; four new tennis courts; and a new soccer field, is on schedule to be completed August 2020. The buildings are on Denver Public Schools property, while the fields are on Denver Parks and Recreation property. This project is

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Movers and Shakers

Movers and Shakers Week Ending 11.01.19

Leave a Comment / Development /

GE Johnson Hires New Director of Business Development GE Johnson Construction Co. has hired Elaine Kanelos as director of business development. In this role, she leads the development of relationships and guides market and niche expansion. Elaine’s presence in the Denver market is highlighted with involvement in groups such as Urban Land Institute, NAIOP Commercial

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Brennan Expands Land Holdings in Denver with Third Acquisition

Leave a Comment / Development /

Brennan Investment Group, a value add industrial property owner, has purchased its second land site in the Dove Valley Business Park, a 12.07 acre site at 14103 East Otero Avenue in Arapahoe County. This purchase follows the successful development of an 11-acre site bought by Brennan in 2018, located adjacent to this project. This acquisition marks

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AGC of Colorado Leadership Team Celebrates 105 Years in Construction Industry

Leave a Comment / Construction /

AGC of Colorado’s four-person leadership team commemorates a milestone of a combined 105 years of experience in the construction industry going into 2020. Michael Gifford, president and CEO; Bryan Cook, chapter operations director; Andrea Berumen, director of membership and communications; and Bradley Gassman, Safety and Environmental director, make-up the leadership team that has served a

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