Author name: milehighcre

Holiday Inn Express & Suites DTC Sells for $9.2M

ENGLEWOOD — The Holiday Inn Express & Suites, a 92-room hotel in Englewood, Colorado has sold for $9.2 million, according to Bob Kaplan, regional manager of Marcus & Millichap’s Denver office. Neville Rustomjee, an investment specialist in Marcus & Millichap’s Denver office, had the exclusive listing to market the property on behalf of the seller, a […]

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PCL Construction Transforms Two Civic-Minded Parks in Boulder and Denver

DENVER – PCL Construction, Inc. (PCL) recently completed construction work to transform two popular parks in Colorado; Re-Imagine Play, Phase I at Paco Sanchez Park in Denver, as well as the Civic Area in Boulder. The work completed at the Re-Imagine Play at Paco Sanchez Park includes a new and innovative playground named “Re-Imagine Play”. 

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Denver’s Retail Market Outperforming Other U.S. Markets

DENVER – A new research report from CBRE shows that despite continued shake-ups in the retail industry, Denver’s retail market has sustained growth in the post-recession period. Compared to peer markets, Denver’s retail rent growth is moderate, while absorption of space and construction activity is strong. Local retailers are also adapting to the evolving environment, embracing new trends and

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Belmar wins international award for Civitas’ “healthy 10-minute neighborhood” design

DENVER — Urban design and landscape architecture firm Civitas has won an Honor Award for Excellence for its Belmar Town Center design in Lakewood from the recent 55th International Making Cities Livable (IMCL) Conference in Ottawa. The award acknowledges Civitas’ role in transforming the derelict Villa Italia suburban mall into the lively Belmar as a preeminent example

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Weitz Tops Out Luxury Apartment High-Rise in Downtown Denver

Scheduled to be completed in June 2019, Radiant, a multi-family residential construction project in downtown Denver, recently topped. Project general contractor The Weitz Company celebrated the milestone with developer LMC, A Lennar Company, by hosting a lunch for over 400 trade partners and project stakeholders at the jobsite. “Our employees and trade partners have worked extremely

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Lee & Associates Denver Negotiates 128,100 SF Industrial Sale

The Denver and Minneapolis offices of Lee & Associates recently announced the sale of a 128,100-square-foot manufacturing facility in Pueblo. Ron Webert with Lee Denver and Chris Garcia with Lee Minneapolis represented the buyer, Russ Davis Wholesale, a Minneapolis based fresh fruit and produce distributor. The building, once home to the Mars Company, Petcare Division, was owned by the

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Northern Colorado Office Market is Ripe for Change

By Ashley Stiles, Northern Colorado vice president of development at McWhinney Similar to most markets across the state, Northern Colorado is experiencing an undeniable boom. One area we are not seeing evidence of this is in the office development market. Northern Colorado is reported as the fastest-growing region in the state, yet office lease rates

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Colorado Health Foundation’s Office First U.S. Project to be Awarded WELL, LEED v4 Certifications at the Gold Level

The Colorado Health Foundation, Davis Partnership Architects (Davis), Saunders Construction (Saunders) and WSP announced that the Foundation’s new office building in Denver’s Uptown neighborhood has been awarded WELL Certification at the Gold level by the International WELL Building InstituteTM (IWBITM). The project has also achieved Leadership in Energy and Environmental Design (LEED) v4 Gold Certification by the U.S. Green Building Council (USGBC). The building is the first

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HFF announces $18.85M in financing for 370 Interlocken Boulevard in Broomfield

Holliday Fenoglio Fowler, L.P. (HFF) announced $18.85 million in financing for 370 Interlocken Boulevard, a 150,656-square-foot, Class A office building in Broomfield. The HFF debt placement team representing the borrower consisted of director Leon McBroom and senior managing director Eric Tupler. The HFF team worked on behalf of the borrower, Equus Investment Partnership XI, L.P., the latest

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transactions

Transactions Report Week Ending 06.15.18

Confluent Development, CBRE Complete $15.7M Sale in Aurora Confluent Development and CBRE announced the completed $15.725 million sale of Confluent Center 70, the 105,670-square-foot industrial development located at 15100 East 40th Avenue in Aurora. Denver-based real estate investment and development firm Confluent Development served as the property’s developer and owner, and CBRE’s Jeremy Ballenger and

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