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Confluent Development Completes Denver Retail Project

Leave a Comment / Architecture, Brokerage, Development, Retail /

DENVER – Denver-based Confluent Development, recently completed its retail project located on the northeast corner of Arapahoe & Nome in Centennial.. Spanning 2.78 acres within The Ridge development, the project features national retail brands Natural Grocers and Starbucks. Confluent Development and Equity Ventures Commercial Development, a fully integrated commercial real estate development group, partnered to deliver the […]

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ULC Partners with Adams County to Purchase TOD in Opportunity Zone

Leave a Comment / Development, Office, Transit /

COMMERCE CITY — In partnership with Adams County and Commerce City, Urban Land Conservancy (ULC) has purchased the former Adams County Human Services building, now called South Platte Crossing, located at 7190 Colorado Boulevard, to preserve critical community-serving office space. The 4.5-acre property is located directly across from the E. 72nd and Colorado Boulevard Rail Station

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Pinkard Construction Completes Frasier’s New HillTop

Leave a Comment / Architecture, Construction, Senior Housing /

BOULDER — Pinkard Construction recently completed construction of Frasier retirement community’s HillTop project, the complete overhaul and renovation of the fifth floor of the original building which opened in 1960. Frasier is  Colorado’s only accredited continuing care retirement community (CCRC) located on a 20-acre campus in Boulder. The new HillTop will be used for resident social gatherings and will

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Children’s Hospital Medical Pavilion in Aurora Sells

Leave a Comment / Brokerage, Development, Healthcare /

AURORA — Children’s Hospital Medical Pavilion, previously called Aurora Medical Pavilion, located at 860 North Potomac Circle in Aurora has sold. Chris Bodnar, Lee Asher, Shane Seitz, Ryan Lindsley and Sabrina Solomiany of CBRE U.S. Healthcare Capital Markets partnered with James Brady and Campbell Davis from CBRE Denver Investment Properties to act as the seller’s exclusive advisors. The seller was

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DAM North Building Renovation Celebrates Major Construction Milestone

Leave a Comment / Architecture, Construction, Events /

DENVER — On Thursday, Dec. 6, the Denver Art Museum (DAM) marked a major milestone in its North Building renovation project with a topping-out celebration. Denver Mayor Michael B. Hancock joined museum Director Christoph Heinrich on site to provide some brief remarks and sign the welcome center’s final structural steel beam before crew members from Saunders

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Vail Resorts Inc. to Further Invest in Colorado Ski Resorts

Leave a Comment / Construction, Development, Hospitality, Recreation /

BROOMFIELD — Vail Resorts, Inc. recently announced its plans to invest approximately $175 million to $180 million in the guest experience, in time for the 2019-20 winter ski and snowboard season across its network of 18 resorts. This latest investment is in addition to approximately $150 million invested for this season, bringing the company’s industry-leading resort investment

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Crescent Acquires Large Office Portfolio in Colorado Springs

Leave a Comment / Brokerage, Development, Office /

COLORADO SPRINGS — Crescent Real Estate LLC (Crescent), a real estate operating company and investment advisor, has acquired the Patriot Portfolio, a 1.02 million-square-foot office portfolio in Colorado Springs that consists of 13 Class A office buildings in two submarkets. Five buildings are in the North I-25 submarket and eight buildings are in the Airport submarket. The Patriot

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Westfield Company Purchases 45-Acre Denver Infill Site

Leave a Comment / Brokerage, Development, Industrial /

DENVER – A 45-acre site marketed as “Denver’s Last Mile,” located on the northwest corner of Pecos Street and West 56th Avenue in central Denver has sold. Westfield Company, Inc. a Denver-based real estate investment, development and management company, purchased the land from Rocky Mountain Prestress for $40.71 million, according to Denver County public records. “This location is one of

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Movers and Shakers

Movers and Shakers Week Ending 12.07.18

Leave a Comment / Movers and Shakers /

Cresent Hires New Vice President Crescent Real Estate LLC (Crescent) has hired Michael P. “Mike” Bannon as vice president for the Fort Worth and Denver-based real estate operating company and investment advisor. Bannon, whose experience ranges from operating assets to development, will initially be responsible for Crescent’s Colorado Springs operations including a recently purchased office

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transactions

Transactions Report Week Ending 12.07.18

Leave a Comment / Transactions /

Expansive, 512-Unit Value-Add Property in Lakewood Sells for $143.5M Newmark Knight Frank Multifamily announced the sale of Ashford Belmar, a 512-unit, value-add asset in the retail destination of Belmar in Lakewood. The property sold for $143.5 million, marking the largest multifamily transaction in the Denver area so far this year. Vice Chairmen Shane Ozment and Terrance Hunt represented

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