Author name: milehighcre

Denver Seventh-Largest Flexible Office Space Market in U.S.

Denver is the seventh-largest flexible office space market in the U.S., according to a new report from CBRE. The market’s flexible-space inventory grew to 2.8 million square feet by the end of Q2 2019, an increase of 750,000 square feet, or 37 percent, from a year earlier. Flexible space now accounts for 2.4 percent of Denver’s total

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Construction Career Day of Southern Colorado

ABC Members Volunteer at Construction Career Days of Southern Colorado

On Wednesday, September 18th more than 14 members of the Associated Builders and Contractors Rocky Mountain Chapter (ABCRMC) volunteered at the 11th annual Construction Career Days of Southern Colorado (CCD). CCD hosts more than 600 high school students for a day-long event where they rotate through a variety of stations hosted by construction companies to

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Santa Fe Building

Parkview Financial Provides $26 Million Construction Loan for a Multifamily/Retail Project in Denver, CO

Parkview Financial announced today it has provided a $26 million construction loan to Art District Holdings, a Denver-based apartment developer, for the development of an eight-story apartment and retail building located at 1225 Santa Fe Drive in the Arts District in Denver, CO. The 125,494-square-foot asset will include 126 apartment units and two ground floor

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Movers and Shakers

Movers and Shakers Week Ending 09.27.19

Mission Rock Residential President Named Multifamily Executive of the Year Patricia Hutchison, CAPS, CPM, president with Denver-based Mission Rock Residential, has been named the national 2019 Multifamily Executive of the Year by Multifamily Executive Magazine. Patricia has grown the Mission Rock Residential organization to a team of 650+ team members managing nearly 25,000 apartments around the country since its

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1945 Peoria Street

Pinnacle Announces the Sale of 68 Units in Aurora

Pinnacle Real Estate Advisors, LLC  announced the sale of 1945 Peoria Street in Aurora. The value-add 68 unit property, built in 1974, is located one block from the University of Colorado Medical Campus. The property sold on September 13th, for a contract price of $10,000,000; $147,059 per unit and $135 per square foot. The property

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U.S. Green Building Council Report Shows that Climate Action Requires Putting People First

With Climate Week upon us, we realize that elevating the role the building industry needs to play in the climate discussion is more important than ever, but the building sector’s work has struggled to rise to the top of conversations. Why aren’t Americans demanding greener homes, offices and schools? The second report from USGBC’s Living Standard

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Northglenn Shopping Center Sells for $5.6M

Triumph Real Estate Investment Fund II, a Canadian real estate fund based out of Calgary, Alberta, has purchased Triumph Hillcrest Plaza in Northglenn for $5.6 million. Triumph Hillcrest Plaza is a 34,648-square-foot shopping center located at 1412 W 104th Avenue Northglenn. The property, which was 87.9 percent leased at the time of purchase, has tenants that include; Santiago’s,

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Architect of the Month: Adam Harding, AIA, Partner, Roth Sheppard Architects

Adam Harding, AIA, LEED® AP is partner at Roth Sheppard Architects, a nationally-recognized Denver architecture firm, known for its award-winning restaurant, retail and law enforcement design throughout the West. Adam received his degree in Environmental Design from the University of Colorado at Boulder in 2000. He joined Roth Sheppard in 2004, and was recognized by both the

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Forum Real Estate Group Purchase Former Kmart Site

According to the Denver Business Journal, Glendale-based Forum Real Estate Group has purchased the former Kmart property at  the intersection of Monaco and East Evans Avenue, for $10.5 million. The property has sat vacant for seven long years. Forum has submitted a conceptual redevelopment plan to the city that outlines 375 units of low-density multifamily housing and 15,000-20,000

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Denver 2nd in U.S. for CRE Investment, Survey Reports

DLA Piper, a global law firm with lawyers located in more than 40 countries, recently released its Global Real Estate Annual State of the Market Survey that examines the sentiment and predictions of real estate leaders across the U.S. and internationally. DLA Piper concludes that following the longest economic expansion in the U.S., CRE executives

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