Author name: milehighcre

Denver Zoo Breaks Ground on New Animal Hospital

DENVER — Colorado’s most visited cultural attraction, Denver Zoo, held its official groundbreaking on February 7 for its new animal hospital. The existing hospital was originally built 51 years ago, and the redesign will modernize its aging infrastructure and improve operating efficiencies. Led by Stantec, a global architecture, engineering, and consulting firm, the 22,000-square-foot facility will incorporate state-of-the-industry animal care […]

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Berkeley Partners Acquires 41-Building Industrial Portfolio for $124.3M

DENVER – Berkeley Partners has acquired a 19-property, 41-building industrial portfolio totaling 1.95 million square feet in Denver, Boulder and Colorado Springs, for $124.3 million. The HFF team worked on behalf of Berkeley Partners, to place the 10-year, fixed-rate acquisition loan with Nuveen Real Estate. Situated on a total of 126.31 acres, the portfolio comprises 14 industrial facilities in Denver, three in

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In-N-Out Burger Closes on Land at Westside’s Victory Ridge Project in CO Springs

COLORADO SPRINGS — Westside Investment Partners, Inc. recently announced that In-N-Out Burger has closed on two parcels of land located at the Victory Ridge mixed-use development in Colorado Springs. The purchase marks the iconic California-based hamburger chain’s first land acquisition in Colorado. CBRE’s Patrick Kerscher, Whitney Johnson and Jon Weisiger represented Westside in the sale. “This is a

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Construction Complete on Yale Station Apartments

DENVER — Construction is complete on the new Yale Station apartments located at 5121 East Yale Avenue in Denver. Ware Malcomb, an award-winning international design firm, provided civil engineering services for the project. Yale Station is a five-story, transit-oriented senior living apartment complex ideally located in the heart of Denver close to restaurants, shopping and transportation.

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930 15th Street Building Sells for $22.5M, Renovations Planned

DENVER — 930 15th Street, a 12-story, 223,000-square-foot tech building in the heart of Denver’s theater district has sold for $22.5 million, according to public records. SteelWave, a full-service real estate management, operating company and investment management firm, and Rialto Capital Management, an investment and asset management company, reportedly acquired the mostly vacant building from

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CBRE Named a Key Influencer in Healthcare Real Estate

DENVER – CBRE has been named a Key Influencer in Healthcare Real Estate by GlobeSt.com and its print publication, Real Estate Forum. The award recognizes the individuals and groups who stand at the top of their field in advancing the growing sector of healthcare commercial real estate. Both CBRE Healthcare Capital Markets and CBRE Healthcare were honored. CBRE Healthcare Capital Markets

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Movers and Shakers

Movers and Shakers Week Ending 02.08.19

Chip Clarke Named President, Transwestern Commercial Services’ West Region Transwestern announced that Chip Clarke has been named president of Transwestern Commercial Services’ West Region. Clarke assumes oversight of operational excellence, client service delivery and business development initiatives for the commercial real estate services business throughout California, Arizona, Colorado, Nevada, Utah and Washington. This new position is part of the company’s transformation to a broader, three-region approach to commercial services, which is designed to inspire high

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AGC of Colorado Announces 2019 New Board of Directors

DENVER — The Associated General Contractors of Colorado (AGC of Colorado) appointed a new board of directors for 2019 with a focus on diversity and long-term workforce development at the high school level. The seven-member management committee that leads the over 600 members of AGC of Colorado includes: Kurt Klanderud from GH Phipps Construction Companies as

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Retail Closures Yield Industrial Opportunities

DENVER –  As many markets across the U.S. are experiencing low industrial vacancy, large retail properties are going out of commission. A new report from CBRE looks at the trend of converting former retail properties for industrial use. The report identifies 24 projects across the U.S., including one in Denver. CBRE found various types of retail-to-warehouse conversions, including

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