milehighcre, Author at Mile High CRE

Urban Core at Forefront of Healthy Office Market; Vacancy Scheduled for Steep Drop

Leave a Comment / Office, Reports / milehighcre

According to Marcus & Millichap’s Q2 Denver Office Report, downtown Denver is becoming more attractive to Fortune 500 companies. As more high-profile businesses establish themselves in the Mile High City, the Denver office market continues to gain prominence. Luxury office space is being developed at a record pace, illustrating the persistent rise in demand. Availability

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Sloans Lake Rezoned for 300 Apartment Units

Leave a Comment / Condominium, Development, Multifamily / milehighcre

View here Denver City Council has voted in favor of a rezoning application for Sloans Lake that will allow for the development of 300 affordable apartment units, just south of the lake. The new zoning will permit a sixteen-story and a four-story building. The land is currently occupied by a medical office building, which will

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Real Estate Tech and Data Company Expands Market Coverage to Denver

Leave a Comment / Development, Technology / milehighcre

Gridics LLC, a Miami-based real estate tech and data company, will expand its real estate development analysis platform to include six more major cities, including Denver. The Gridics platform allows users to calculate and visualize, in 3D, the development feasibility and capacity of a parcel or assemblage of parcels, inclusive of complex considerations like zoning

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Colorado Hardscapes’ Design Center Welcomes A/E/C Community

Leave a Comment / Design, Office / milehighcre

Colorado Hardscapes, a commercial decorative concrete installation company, is celebrating the completion of its hardscape design center at the Greenwood Village office and showroom. Located at 9000 E. Chenango Avenue near the intersection of Belleview and Yosemite, the design center is focused on helping decision makers simplify the nearly infinite number of options in architectural exteriors, water features, decorative walls, artisan

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Program Launches to Create 330 Units of Permanently Affordable Homes Across Colorado

Leave a Comment / Affordable Housing, Development / milehighcre

Radian and Interfaith Alliance of Colorado will develop new affordable housing options attainable to households earning from 0 percent to 80 percent of Area Median Income, thanks to a $419,400 grant from the Colorado Health Foundation able to scale up the Congregation Land Campaign (CLC). The Congregation Land Campaign seeks to activate the thousands

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Stantec Awarded the American Water Works Association’s 2019 Diversity Award

Leave a Comment / Architecture, Awards, Engineering / milehighcre

Stantec — a global architecture, engineering, and design firm — recently received the American Water Works Association’s (AWWA) Diversity Award, during the Association’s Annual Conference and Exhibition (ACE19). The award recognizes an individual or organization that has created, promoted, and maintained diversity by establishing an environment that recognizes, encourages, and effectively utilizes each individual’s talents. Voted on

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Highest Rents Recorded in Boulder and Fastest Rent Growth in Greeley

Leave a Comment / Multifamily, Reports / milehighcre

RENTCafé.com, a nationwide apartment search website and a part of Yardi, recently released its monthly rent report with data compiled from actual rents charged in the 260 largest U.S. cities. Here are the highlights for the state of Colorado: Slightly above the national average of $1,442, rents in Denver reached $1,633 this past month. Renting an apartment here

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Denver-based Griffis Residential Acquires Denver Apartments for $45.65M

Leave a Comment / Brokerage, Multifamily / milehighcre

Talavera Apartments, a 240-unit, mid-rise multi-housing community located in Denver has sold for $45.65 million. Holliday Fenoglio Fowler, L.P. (HFF) worked on behalf of the borrower, Denver-based Griffis Residential, to secure the 10-year, Fannie Mae Green Rewards loan through HFF’s risk-transfer joint venture with M&T Realty Capital Corporation. The loan, which was used to fund the acquisition

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Colorado No.9 in the U.S. for Commercial Real Estate Development

Leave a Comment / Construction, Development, Industrial, Office, Reports, Retail / milehighcre

According to the new report “Economic Impacts of Commercial Real Estate,” published annually by the NAIOP Research Foundation, Colorado is currently the No.9 state in the U.S. for commercial real estate development, creating and supporting 102,845 related jobs and contributing $14.3 billion to the state’s economy in 2018 (the most recent data available). Colorado also ranks

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Collegiate Peaks Bank Celebrates Groundbreaking for New Denver Tech Center Location

Leave a Comment / Development, Retail / milehighcre

Collegiate Peaks Bank, Division of Glacier Bank, celebrated the groundbreaking of their new building located in the Denver Tech Center at 5450 Greenwood Plaza Blvd. The bank will move into the building’s approximately 6,500-square-foot main floor space in the first quarter of 2020. The new building is being developed by Urban Esprit that will occupy the

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Author name: milehighcre