Author name: milehighcre

New Development at 100-acre Denver Hub Supports Demand for Industrial Space

Development partners Bradbury Properties and Confluent Development, have started construction on three buildings in metro Denver’s 100-acre industrial hub, Highfield Business Park. Upon completion, the three projects will mark the industrial hub’s near build-out, spanning about 10 years and totaling 1.25 million square feet of industrial space, with only 12 acres on the park’s north […]

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Apartment Construction Contributes $2.5B Annually to Denver Economy

A new Hoyt Advisory Study commissioned by the National Apartment Association (NAA) and National Multifamily Housing Council (NMHC) reveals that the apartment/multifamily industry and its residents annually contribute more than $3.4 trillion to the national economy. The new report, available at WeAreApartments.org, provides a detailed breakout of the economic impact nationally, by state, and in

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McWHINNEY to Add Three Industrial Buildings at Centerra

McWHINNEY, master developer of Centerra, has announced plans for an additional 360,000 square feet of Class A industrial space across three new buildings at its Centerra Industrial expansion in Loveland. The campus’ three existing developments, totaling 291,000 square feet, are fully leased. Centerra Industrial is located a half-mile from Interstate 25 with direct access to

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Addressing the Need for More Trained Surveyors

By Chris Yonushewski, Business Development & Marketing Manager, R&R Engineers – Surveyors, Inc. Within many areas of commercial development, a large number of vacant jobs go unfilled due to a small qualified labor pool. In 2016, the U.S. Bureau of Labor and Statistics reported that of the approximately 65,000 land surveyors in the country, only 9,000 were under age 34.

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Two-phased Phenix at Infinity Park Receives $22.86M Funding

JLL has arranged $22.86 million in financing for Phenix at Infinity Park I and II, two adjacent multi-housing properties totaling 185 units in the Denver suburb of Glendale. Working on behalf of Glendale-based Slipstream Properties, JLL arranged two 10-year, interest-only, fixed-rate loans through Freddie Mac’s Green Advantage program. The loans will be serviced by Holliday

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Sale of Prominent Office Building in Golden Sets New Record

Golden Center, a 11,706-square-foot office property located at 1111 Washington Ave. in Golden, has sold for $2,990,000, setting a record for per-foot pricing for office sales in Golden. Brandon Kramer and Jacob F. Rocker, investment specialists in Marcus & Millichap’s Denver office, had the exclusive listing to market the property on behalf of the seller, a limited liability company.

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Carpathia Goes Under Contract on The Offices at Victory Ridge

Tulsa-based Carpathia and Colorado Springs-based Mission Hill Capital have gone under contract to purchase the high-profile office property located at the intersection of Voyager Parkway and Interquest Parkway in northern Colorado Springs’ Victory Ridge development. Currently owned by Westside Investment Partners of Denver, the acquisition builds on a wave of recent momentum for the mixed-use project. CBRE’s Brad T. Bird and

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Stantec to Develop Lone Tree HQ Campus for Kiewit Corporation

Stantec — a global architecture, engineering, and design firm — is serving as the architect and interior designer for the new regional headquarters campus for Kiewit Corporation, one of North America’s largest construction and engineering organizations. The approximately 400,000-square-foot office complex in Lone Tree, is designed to accommodate more than 1,700 employees, enabling Kiewit to grow its presence

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Movers and Shakers

Movers and Shakers Week Ending 09.06.19

McWHINNEY Expands Leadership Team with Addition of Veteran Commercial Real Estate Executive  McWHINNEY announced the addition of industry veteran Ray Pittman to its senior leadership team. As President and Chief Operating Officer for McWHINNEY, Pittman will manage the strategic direction and day-to-day operations of the company. Pittman most recently served as global chief client officer

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Developers Release Latest Renderings of T3 RiNo

This week, McCaffery, Hines and Ivanhoé Cambridge released new renderings of T3 RiNo, at 3500 Blake Street. The property is being developed into a six-story, 250,000-square-foot T3 (Timber, Transit and Technology) office building, which will be one of the most environmentally friendly and sustainable developments in Denver. The development team selected Pickard Chilton Architects and

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