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Denver’s Industrial and Office Markets Strong in Q2

View here According to  CBRE’s latest market update, strong population and job growth is supporting Denver’s industrial and office markets in the second quarter of 2017. Industrial remains the strongest — tenants have absorbed more space than they have let go for an unprecedented 29th consecutive quarter — more distribution centers and warehouses are needed due […]

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Denver Named Nation’s Seventh-Greenest City in CBRE Study

DENVER – For the fourth year in a row, Denver has ranked among the top 10 U.S. cities for the percent of its office space qualified as green certified, according to the annual Green Building Adoption Index study by CBRE and Maastricht University. Interestingly the study showed more “Green” in cities with benchmarking laws. With a modest improvement

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Denver Cheapest Place to Build in U.S.

View here According to Rider Levett Bucknall’s latest ” Quarterly Construction Cost Report,” Denver is currently the cheapest place to build in the U.S. It costs an average of $145 per square foot to build a retail center in Denver, compared with $495 per square foot in Honolulu and $480 in Las Vegas. Image courtesy of PEXELS.

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transactions

Transactions Report for Week of 07.03.17

Colorado Springs Apartment Complex Sells for Fourth Time Since 2014 Colliers International Multifamily Advisory Group is pleased to announce the sale of Midtown Flats Apartments (FKA Gallery Apartments) a 58-Unit Community, built in 1970. The property sold for $4,030,000 or $69,483/unit. At $138/sf, this sale represents the second highest $/sf for a multifamily property built prior 1980

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Haselden Construction Breaks Ground on New Larimer County Building

Centennial, CO — Last Thursday was an exciting day for the crowd gathered at Haselden Construction’s 8.9 acre project site at First Street and Denver Avenue in Loveland. The celebration and ceremony marked the official groundbreaking for the new Larimer County Building which is scheduled for completion in late summer or early fall of 2018. “This [building] was the

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L.A. Company Buys $107M Worth of Lakewood Apartments

View here Gelt Inc., a Los Angeles-based real estate investment management firm has purchased two apartment complexes in Lakewood for $107 million. Ascend at Red Rocks was built in 1981 on 16.5 acres near Union Square in Lakewood, at 13105 W. Second Place. Elevate at Red Rocks was constructed in 2000 nearby at 409 Zang St.

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Belleview Station Denver

Belleview Station Completes First Phase of Transit-Oriented Development

DENVER – Belleview Station, the mixed-use transit-oriented development at I-25 and Belleview in south Denver, has announced the completion of phase one. With more than 100,000-square-feet of retail space, 300,00-square-feet of office and 678 residences nearing full occupancy, developer Front Range Land and Development Company is eyeing future developments on adjacent blocks that fit with its

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Morningstar of Wheat Ridge

Confluent Senior Living Completes Sale of Two Senior Living Communities

DENVER – Confluent Senior Living, a subsidiary of Denver-based real estate investment and development firm Confluent Development, is pleased to announce the sale of two of its senior living communities: MorningStar of Wheat Ridge and MorningStar of Albuquerque. Previously the owner of both projects, Confluent Senior Living co-developed each community with its operating partner MorningStar

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