Author name: milehighcre

Vertiv to Open Software Center at Centerra in Loveland

LOVELAND, CO – Vertiv, an IT infrastructure solution provider that designs, builds, and services critical infrastructure that enables vital applications, has announced plans to open a Colorado office to serve as the company’s new center of excellence for software and data analytics. The new center, located in the Centerra master-planned community in Loveland, is slated to open in August and […]

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Coworking for the Real Estate Industry Coming to RiNo in 2019

DENVER — REth!nk, a new coworking brand focused on the real estate industry, recently announced their first two locations as they launch a national network of spaces, including one in Denver’s RiNo Arts District, the other in Houston, Texas. The Denver location at 3950 Wynkoop Street, will open in April 2019 at the corner of 40th & Wynkoop, contiguous

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Market Real Estate Launches as Boulder’s Newest Commercial Brokerage Firm

BOULDER — Market Real Estate, a new commercial brokerage, has launched in Boulder under the helm of managing broker Todd Walsh, CCIM. The Market team includes Broker Associates Heidi Schamber, Laura Munch, Rachel Rohrig, and Turner Miller. The firm specializes in the leasing and sales of commercial properties in and around Boulder County, with a focus on simplifying

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Rocky Mountain Regional VA Medical Center Opens Doors

AURORA — The Rocky Mountain Regional Veterans Affairs Medical Center in Aurora will open its doors to inpatient veterans on August 4, 2018. Designed to transform the patient and family experience, the new 1.2 million-square-foot campus includes a four-story concourse, research facilities, diagnostic and treatment buildings, inpatient treatment buildings, and clinic buildings. The new facility replaces

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WELL Condos Coming to Uptown Denver

DENVER – Colorado-based NAVA Real Estate Development (NAVA), the developer of Lakehouse in Sloans Lake, has announced plans for its second condominium development, this time in downtown Denver’s Uptown neighborhood. The 12-story building will have approximately 249 units and is located at 575 East 20th Avenue. NAVA purchased the 1.06-acre site for $7.1 million from the Denver Housing Authority.

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150-Unit Apartment Community to be Built Near DIA

DENVER – Boulder-based developer, SEEC Enterprises will begin construction of the Brick Stone Apartments On 56th Ave, a 150-unit apartment community located south of East 56th Avenue between Pena Boulevard and Tower Road in the Denver International Airport corridor. The multifamily development project is expected to break ground August 2018. Led by CBRE’s Zac Brumbaugh of the Debt &

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1600 Glenarm Place Sells for $131M

DENVER — 1600 Glenarm, a 31-story apartment building in the heart of downtown Denver has sold for $131 million. Northland Investment Corporation, a company registered to Northland Investment Corp. of Newton, Massachusetts, purchased the Iconic mixed-use high rise on Sixteenth Street Mall from RedPeak, Denver-based owner and developer of apartments. The purchase is Northland’s first

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transactions

Transactions Report Week Ending 07.20.18

Pinnacle Announces Sale of 1690 Yarrow Street Pinnacle Real Estate Advisors, LLC announced the sale of 1690 Yarrow Street located in Lakewood. This unique sale included a 3,600-square-foot multifamily building plus a 900 square single-family home and traded hands for $1,095,000 ($243.33 per square foot). Principal JB Hochman and Associate Advisor Erik Toll represented the seller.

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Movers and Shakers

Movers and Shakers Week Ending 07.20.18

JVA, INCORPORATED ANNOUNCES NEW GLENWOOD SPRINGS CIVIL PROJECT MANAGER JVA, Inc. announces that J.R. Spung, P.E. has joined the firm as a Civil Project Manager in the Glenwood Springs office. Spung received his Bachelor of Science in Civil Engineering from Florida State University and brings more than 15 years of experience with more than 10 years in the

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Denver Hotel Market to Reach Near Record Occupancy in 2018

DENVER – Hotel supply and demand growth in Denver is expected to double the national average in 2018. Supply is forecasted to increase 4.6 percent this year, compared to 2.0 nationally, that’s according to CBRE Hotels’ Americas Research (CBRE) that provides capital markets, consulting, investment sales, research and valuation services to companies in the hotel sector. Demand for hotels

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