Author name: milehighcre

Iconic Retail Property in Greenwood Village Sells for $8.3M

A unique retail property in Greenwood Village, currently occupied by Boot Barn, has sold for $8.3 million. The property, located at 8500 East Orchard Road in Greenwood Village, totals 86,600 improved square feet on 4.8 acres and was constructed in 1977. Sidford Capital, a Denver-based commercial real estate investment firm, purchased the property on July 24. Jon D. […]

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Atlas Real Estate Group Expands To Phoenix

Denver-based Atlas Real Estate Group, a full-service realty group specializing in real estate investments, brokerage and property management, has expanded its presence to Phoenix, Arizona, through the addition of Valley Of The Sun Real Estate & Property Management. Holding the title as Best of Colorado Property Management for three consecutive years, this is part of

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Denver Industrial Market Sees Strong Development Growth

Denver continues to see fantastic industrial growth and development as more than 900,000 square feet of construction has delivered in 12 of the last 13 quarters, a period during which nearly 17.6 MSF has delivered. That’s according to Cushman & Wakefield’s newly released Industrial Research Report. Additionally, The Mile High City’s Industrial market’s sale activity

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Movers and Shakers

Movers and Shakers Week Ending 07.26.19

Affordable Housing Nonprofit Rocky Mountain Communities Hires D. Dontae Latson as New CEO Denver-based Rocky Mountain Communities (RMC) recently announced Dontae Latson as the new chief executive officer. Latson has a strong record as a proven leader who is passionate about serving marginalized communities and bringing people together through genuine connections. Latson brings to the organization more

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Northstar Commercial Partners Opens NYC Office

Denver-based Northstar Commercial Partners, announced this week the opening of its new East Coast office in New York City. The building is located at 245 Park Avenue, New York, NY, and will house investment professionals dedicated to help forging institutional equity and debt relationships with banks, foundations, investment firms, family offices, and endowments throughout the world.

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19 Solar Energy Projects Planned Across the Front Range

Unico Solar Investors LLC has announced 19 projects across Colorado’s Front Range, totaling 14.75 MW of capacity. Unico Solar and Namasté Solar were recently selected by Xcel Energy to build six new community solar gardens in Colorado totaling 12 MW. Earlier this year, Unico Solar secured site lease agreements with the City of Boulder to develop solar energy projects

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Turnaround Planned for Riverside Plaza in Steamboat Springs

Western Centers, an established investor and property manager of retail centers throughout Colorado since 1991 has announced the purchase of Riverside Plaza by Riverside Plaza Partners LLC.  Riverside Plaza is a 32,875-square-foot retail center in Steamboat Springs, for $2,275,000 from Mototainment Partners, LLC.  Plans are in place to invest in overall upgrades and improvements to

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27-acre TOD Development Coming to Westminster

According to the Denver Business Journal, Land Capital LLC, recently closed on 27.5 acres near the intersection of 72nd Avenue and Federal Boulevard, near RTD’s Westminster Station, for $8.4 million. In partnership with Denver developer Curt LeRossignol and Hugo Weinberger, co-president of Denver-based Situs Group, the developer plans to build condos, townhomes and some apartments,

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ESA_Stapleton Redevelopment_Commerce City CO

Denver Adopts New Review Process for Large Development Sites

On the heels of the Comprehensive Plan 2040’s bold vision for responsible growth, Denver Community Planning and Development is implementing a new review process for large development sites. The new process is designed to ensure these sites — which tend to be developed in phases over time — are given clear direction at the earliest

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Colorado 24 Hour Fitness Trades Hands at $22.75M

A 45,500-square-foot 24 Hour Fitness located in Highlands Ranch, has sold for $22.75 million, which equates to $500 per square foot. Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, represented both the seller and the buyer in the transaction. “The recent extension

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