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AGC of Colorado Honors General Contractor and Specialty Contractor Members

Leave a Comment / Awards, Construction /

AGC of Colorado honored 50-year and 25-year general contractor and specialty contractor members at the July 2019 Breakfast with the Board and State of the Construction Industry General Contractor Showcase. With more than 500 construction industry professionals in attendance, AGC of Colorado recognized the importance of the roles that both prime and specialty contractors take […]

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Geothermal-Powered Apartment Community in Brighton Sells for $72M

Leave a Comment / Brokerage, Energy, Multifamily /

Last week, a 288-unit, geothermal-powered apartment community in Brighton, sold for $72 million in an off-market transaction. Elements at Prairie Center, located at at 3128 Eagle Boulevard is the second 100-percent geothermal apartment community the ownership partnership of Littleton-based C&A Companies and Delaware-based Commonwealth Group, has developed in the Brighton area. CBRE’s Dan Woodward, David Potarf and Matthew

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KEPHART Announces New President and New Office

Leave a Comment / Architecture, Office /

By Katie Rapone Denver-based Residential Architecture and Land Planning Design Firm KEPHART, has a new president. Bryce Hall is assuming the new role to manage day-to-day operations and business functions. The news comes at a pivotal time; KEPHART has shared exclusively with Mile High CRE that the firm will open a second Denver office this fall. With more

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Vertix Building Fourth Project for SimonMed Imaging

Leave a Comment / Construction, Development, Healthcare /

With a niche for healthcare construction, Vertix Builders, a culture-focused construction company, is underway with the construction of a fourth project for SimonMed Imaging, a low cost, medical imaging company with locations across the nation. The newest project by Vertix is located in Littleton and contains MRI, CT and X-Ray imaging services. The project is shelled space in an existing

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Boulder Office Building Sells for Just Shy of $10M

Leave a Comment / Brokerage, Office /

An investment partnership led by Element Properties, a Boulder-based real estate developer and investor, has sold View 57 for $9,950,000 or approximately $327 per square foot. The 30,464-square-foot office building located at 1855 S. 57th Court in Boulder was purchased by McGarvey’s Shoal LLC. “View 57 is a 100 precent leased, newly transformed creative office building located in Boulder’s

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Absorption Totals Outpace Construction; Tight Labor Market Supports Workforce Housing

Leave a Comment / Development, Multifamily, Reports /

Multifamily demand remains strong despite tightened mortgage rates, according to Marcus & Millichap’s 3Q19 Multifamily Market Report. The Denver metro has one of the nation’s 10 largest affordability gaps between renting and owning, persuading many to choose apartment living rather than homeownership. There is an $880 difference between the average effective rental payment and the monthly mortgage payment on

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San Fransisco-based Architecture Firm Blitz Announces Studio Location in Denver

Leave a Comment / Architecture, Office /

Blitz, a dynamic architecture and interiors firm known for disrupting the status quo of design for household names such as Google, Microsoft, Instacart, and Levi’s, has announced the launch of its third studio. Located in Denver’s historic Lower Downtown Dairy Block district, Blitz’s office expansion in the city comes in response to abundant requests from

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ENR Announces 2019 Colorado/Wyoming/Dakotas Best Projects Winners

Leave a Comment / Architecture, Awards, Construction, Development /

ENR Mountain States recently announced the winners of its 2019 Best Projects competition across a seven-state region that includes Utah, Idaho, Montana, Colorado, Wyoming, North Dakota and South Dakota. A panel of 12 judges from all areas of the industry — architects, GC’s, green consultants, virtual designers and engineers — selected winners and merit awards

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Mix of Market-rate and Affordable Units Planned for Longmont

Leave a Comment / Affordable Housing, Brokerage, Multifamily /

Massimino Development and Origin Investments will develop a 280-unit, Class A apartment project called Farm Haus, in the north Denver suburb of Longmont. Of the 280 units, 247 will be market-rate and 33 will be designated as affordable. JLL worked on behalf of the developer to provide $50.4 million in construction financing. Farm Haus will

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