Author name: milehighcre

Sheraton Denver Downtown Begins $80M Renovation

The $80 million hotel renovation of the Sheraton Denver Downtown began today that will forever change the face of the hotel and the 16th Street Mall. Sheraton Denver Downtown has long been a familiar anchor downtown, serving as the largest meetings/events hotel in the city with an unmatched heritage and roots deep in the local Denver community. This

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Former Sears Building in Colorado Springs to be Renovated

A former Sears retail building located at 2050 Southgate Road in Colorado Springs, has sold for an undisclosed amount. Brian Cox and Steve Suechting of Lee & Associates – Denver represented the seller of the 145,675-square-foot retail building, and Paul Rubley with Olive Real Estate Group represented the buyer, Sears Holding. The buyer plans to renovate and subdivide the

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Hyatt House Breaks Ground on Fitzsimons Medical Campus in Aurora

Denver-based BMC Investments(BMC) has broken ground on a 140-key extended stay Hyatt House hotel, which will include 8,000 square feet of ground level retail, at the Fitzsimons Medical Campus in Aurora. BMC acquired the property, which is located at the southeast corner of Colfax and Peoria – also known as the Gateway at Fitzsimons – in 2013. The project

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Vīb® Hotel Breaks Ground in RiNo

Best Western® Hotels & Resorts (BWHR) and TWC Management, LLC, recently broke ground on its urban, upscale Vīb hotel, in RiNo, at the cross streets of 36th and Brighton. The boutique hotel is anticipated to open in December 2020. “We’re excited to bring our distinctive Vīb brand to Denver and join the thriving River North Art District community, where creativity

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Northstar Announces Sale of Colorado Springs Office Building

Northstar Commercial Partners has sold its 76,138-square-foot office building located at 7899 Lexington Drive, in Colorado Springs, for $10.4 million. Northstar originally purchased the office building, on 4.34 acres, in 2015, for $3.9 million. The sale price reflected the vacant status of the asset at acquisition, at a price significantly lower than its estimated replacement cost value of

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Construction Underway for Mixed-use Development on Swedish Medical Center Campus

Construction and leasing efforts are underway for Synergy Medical, a new 102,000-square-foot medical office development which will provide much needed office and retail space to the Swedish Medical Center campus.  Medical tenants committed to the project include an ambulatory surgery center, neurologists, orthopedic surgeons, plastic surgeons and other complementary practices. The retail spaces are designed

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Trevey Commercial Restore a Landmark Centennial Center to its Former Glory

Trevey Commercial Real Estate recently announced the 100 percent occupancy of the Lazy Hills Common retail center in Centennial. The landmark center, which sits prominently atop a large sandstone retaining wall at the NEC of Parker and Lewiston (6202 S. Parker Road), went through tough times along the way. “When we first evaluated the property we

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RATIO | HCM Unveils New Home for Smead Aerospace at CU Boulder

RATIO Architects, Inc., a top 50 multi-national design firm, has unveiled the newly designed and constructed Aerospace Engineering Sciences (AES) Building on the University of Colorado Boulder (CU Boulder) campus, the result of an architectural collaboration between RATIO, design architect, and Hord Coplan Macht, the architect of record for the project. The public unveiling was

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Two Boulder Industrial Buildings to be Converted into Creative Office Space

JLL has arranged $8.7 million in acquisition-bridge financing for two flex buildings totaling 46,702 square feet at 5300 and 5305 Sterling in Boulder. Beginning in the summer of 2020, borrower Ivy Realty plans to begin converting the buildings into modern creative office space for use by large single tenants. 5300 Sterling was built in 1983 and is

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