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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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Etkin Johnson Leases Spec Industrial/Flex Building at CTC to Market Leading CBD Company

Leave a Comment / Industrial, Office /

Etkin Johnson Real Estate Partners announced today that the firm has secured a long-term lease with Boulder-based Charlotte’s Web Holdings, Inc., the market leader in the production and distribution of innovative hemp-derived cannabidiol (CBD) wellness products. The 136,610-square-foot speculative industrial/flex building is located at 700 Tech Court in the Colorado Technology Center (CTC) in Louisville. “Charlotte’s

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Denver’s New Music Venue Opens Tonight

Leave a Comment / Development, Events /

Following years of strategic planning and effort by AEG Presents to bring Colorado one of the most unique live music experiences Denver has ever seen, the new 60,000-square-foot Mission Ballroom in RiNo will officially open its doors today. World-renowned hometown band The Lumineers play tonight, Wednesday, August 7. “Mission Ballroom was designed with three core components

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Denver Seeks Consultant to Advance Affordable Housing Priorities

Leave a Comment / Affordable Housing, Development /

The City and County of Denver is seeking a consultant to help advance housing policies that would increase the amount of affordable and mixed-income housing specifically in transit-rich areas of Denver. Denver Community Planning and Development (CPD) and Denver Economic Development & Opportunity (DEDO) have issued a Request for Proposals (RFP), seeking a multi-disciplinary team to

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Tom’s Diner Moves Closer to Historic Status

Leave a Comment / Development /

According to the Denver Business Journal, a committee of the Denver City Council has voted unanimously to move forward with a recommendation from the city’s Landmark Preservation Commission, to give Tom’s Diner on East Colfax Avenue historic status. Alberta Development Partners is under contract to purchase the site, including a parking lot to the north of

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