Author name: milehighcre

United Properties to Expand INOVA Business Park

DENVER — United Properties recently acquired an additional 43 acres to expand its successful INOVA Business Park in Centennial. Located at the intersection of Lima Street and Easter Avenue, the 43-acre, multi-building site will be named INOVA Aero and be slated for both office and industrial use, following on the heels of the development of INOVA […]

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The Best of Both Worlds: The Challenge of Being an Architect and a Mother

By Marisa Pooley, APR, Marketing & Communications manager; AIA Colorado Being both a mother and an architect is a challenge without a one-size-fits-all solution. For some, it’s about finding a firm which allows part-time or flexible schedules. For others, it’s about advocating for family leave policies within their workplace and finding good mentors. But one thing that most

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Multifamily Asset in Colorado Springs Sets New Per-Unit Record

COLORADO SPRINGS — Overlook at Interquest, a 2018-constructed, 264-unit asset in Colorado Springs, has sold for $66.5 million. As the first pre-stabilized multifamily asset sold in recent Colorado Springs history – with 80 percent occupancy at the time of sale – the transaction represents the market’s demand for new product and demonstrates a boost in buyer confidence. It also

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Modern Traveler-Focused Hotel Breaks Ground in Westminster

WESTMINSTER — Developer Brinkman and Colmena Group just broke ground on the Marriot-brand hotel aLoft Westminster located at The Orchard Town Center. The limited-service hotel with 120 guest rooms includes an outdoor pool, spa, full-service bar, meeting space, business center and fitness facility. Amenities of the five-story, 67,00-square-foot hotel include flexible in-room layouts, a bar with live music from

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Dunton Commercial Acquires Thornton Value Add Retail

THORNTON — Dunton Commercial, a commercial real estate company offering Property Management, Accounting, and Advisory Services, has acquired a 112,808-square-foot, value-add retail center in Thornton, known as Huron Plaza. The acquisition of Huron Plaza is the first for Dunton under its new ownership group. “The principals of Dunton each have significant investment experience, but this is especially exciting since it

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The Ivy Residences in LoHi Top Out

DENVER — The Ivy Residences in LoHi celebrated their topping out last month, putting them one step closer to completion. Ivy Residences will provide 26 homes in a five-story building located at West 33rd Avenue near Shoshone Street. The crew at Hyder Construction and Elevation Capital Partners, gathered to watch as the residences’ final beam was hoisted into place at the top

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Transactions Report Week Ending 03.08.19

CBRE Completes $8.6M Sale of The Shops at Green Valley Ranch in Northeast Denver CBRE recently completed the $8.6 million sale of The Shops at Green Valley Ranch, a new construction, multi-tenant retail center located at 4906-4998 North Tower Road in Denver. CBRE’s Matthew Henrichs and Brad Lyons represented the seller, Lone Star Partners of Houston, Texas. Seshu Velpuri

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Movers and Shakers

Movers and Shakers Week Ending 03.08.19

Matrix Group Hires Two New Employees Matrix Group, Inc. (MGI) announced the addition of two new employees to their team. Lauren Quiram joins MGI as leasing agent, managing all leasing transactions within Matrix Group’s diverse portfolio of industrial, retail, and office properties.  Melissa Parks serves MGI as executive marketing assistant, managing all marketing endeavors for the

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BNSF Breaks Ground on Logistics Center Hudson

Construction is officially underway on a 430-acre logistics facility logistics center in Hudson, called Logistics Center Hudson, designed to give customers better access to Denver and surrounding markets via new rail-served sites. BNSF Railway (BNSF), one of the largest freight transportation companies in North America, was drawn to the location of the site due to the low industrial vacancy

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Seattle Company Acquires Two Properties in Denver’s Largest Office Market

DENVER — Seattle-based Schnitzer West, one of the West Coast’s fastest-growing real estate investment, development and property management companies, has announced the purchase of two properties in the Denver area; Peakview Place in Centennial and 115 Inverness in Englewood. Both properties are ideally positioned near light rail stations in Denver’s southeast suburban (SES) submarket. The sales price

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