Author name: milehighcre

Denver Ranks 3rd for Progress of Urban Sustainability

Commercial Cafè recently identified the 50 cities in America that are making the largest strides toward improving the lives of their residents, as well as the ease of doing business, by embracing urban sustainability. Placing third overall, Denver achieved top 10 scores for its increase in green jobs and in LEED-certified building, as well as for

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Historic Evans School to be Redeveloped

NAI Shames Makovsky announced this week the two-part sale of the long-dormant Evans School located at 1115 Acoma Street, Denver, consisting of a three-story, 46,467-square-foot historic school building and a 30,000-square-foot parking lot. Lennar Multifamily Communities, LLC  purchased the school and the parking lot for $18 million. Following that sale, NAI Shames Makovsky also announced

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Centerra to Welcome NORCO Volleyball Club

Centerra, McWHINNEY’s award‐winning 3,000‐acre master‐planned community located in Loveland, joins NORCO Volleyball Club in announcing its relocation into the master-planned community. The Rocky Mountain region’s premier volleyball club will expand into a 60,000-square-foot, state-of-the-art volleyball gym, planned to open in the fall of 2020. NORCO Volleyball Club’s relocation from its current six-court facility in neighboring

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Construction Update: McGregor Square (PHOTOS)

By Katie Rapone, editor of Mile High CRE. Last week, the Urban Land Institute (ULI) Colorado provided a first-hand look of one of Denver’s most eagerly awaited projects: McGregor Square. Named in honor of the Rockies’ late president, Keli S. McGregor, the project is expected to reenergize LoDo upon its completion in January 2021. Project partners were on hand to

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Rare ’90s Apartment Community in Colorado Springs Changes Hands

A 292-unit, 268,396-square-foot apartment community, called Advenir at Spring Canyon, located at 4510 Spring Canyon Heights in Colorado Springs, has sold for an undisclosed price. The buyer, who also was not named, anticipates a community rename along with upcoming renovations. Newmark Knight Frank (NKF) Executive Managing Director Kevin McKenna and Director Saul Levy provided strategic consulting

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CBRE Global Investor Acquires Westminster Apartment Community

A fund sponsored by CBRE Global Investors has acquired The Tenzing, a 320-unit multifamily property situated 25 minutes north of downtown Denver in Westminster. The acquisition of the property, which is located at 11674 North Pecos St., is aligned with the fund’s strategy of investing in target multifamily markets across the United States. The Tenzing

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City of Denver to Select Design/Build Contractor for 16th Street Mall Project

Denver’s plan to reconstruct the 16th Street Mall recently took a major step forward, with the completion of the project’s environmental phase. The City and County of Denver and project partners the Federal Transit Administration (FTA), Regional Transportation District (RTD), Denver Urban Renewal Authority (DURA), and Downtown Denver Partnership (DDP) will next initiate the process

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Benchmark Commercial Partners with Global Tenant Advisory Firm

Benchmark Commercial Real Estate — a Denver-based boutique commercial real estate firm providing solutions for mid-sized tenants and buyers of office, industrial, and retail facilities — has partnered with Exis Global Tenant Representation, along side two other companies: Landmark Advisory Services (Montréal and Calgary), and The Tenant Agency (Washington, D.C. – who replaced former partner The

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Architect of the Month: Ned Kirschbaum, FAIA, Principal, Fentress Architects

Ned Kirschbaum has been principal, technical design director and a member of Fentress Architects for more than 20 years. As the design firm’s technical expert, Ned is responsible for quality assurance and control, design production, construction document standards, and implementing innovative strategies in the design of high-performance building. He has more than three decades of experience, including

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Tenant Favorable Office Market Conditions in Denver

According to Jones Lang Lasalle (JLL), Denver’s office market recorded 262,802 square feet of direct net absorption and 349,945 square feet of total net absorption (including subleases) in the 3rd quarter, bringing year-to-date direct net absorption to 1,525,447 square feet and total net absorption to 1,490,968 square feet. Three deals contributing to POSITIVE absorption this quarter include: Sunrun occupied

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