Author name: milehighcre

United States Olympic Museum and Hall of Fame Tops Out

COLORADO SPRINGS — The U.S. Olympic Museum and Hall of Fame topped out on Friday. The Board of Directors, staff, construction team, project partners, stakeholders, donors, community members, and the Olympic family celebrated the construction milestone with the ceremonial placement of the last structural steel beam in the exhibit portion of the museum, as an acknowledgement of the […]

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transactions

Transactions Report Week of 04.23.18

HFF Announces $33.8M Denver Apartment Community Financing Holliday Fenoglio Fowler, L.P. (HFF) announced the $38.5 million sale of Ranch at Bear Creek, a 201-unit apartment community in Lakewood. The HFF team marketed the asset exclusively on behalf of the seller, Aukum Group, and procured the buyer, Castle Lanterra Properties. The HFF investment advisory team representing the seller

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Movers and Shakers

Movers and Shakers Week of 04.23.18

JVA, INC. Announces 2018 Promotions JVA, a structural, civil, and environmental consulting engineering firm headquartered in Boulder, announced the following promotions of leaders in our corporate management team. Cooper Best has been promoted to associate. Cooper has been with the JVA Environmental team since 2014, and started the firm’s Glenwood Springs office. He actively serves numerous municipal clients

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Majority of Denver’s Warehouse Inventory is Inadequate for E-Commerce, CBRE Says

DENVER — According to a new report from CBRE, momentum for additional construction of U.S. warehouses is not likely to wane because the vast majority of the country’s warehouse stock is decades old and ill-suited for the demands of e-commerce. Denver’s warehouse age is even older than the U.S. average, coming in at 36 years old. While

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Cigna Moving Headquarters to Colorado Blvd.

DENVER – Cigna, the global insurer and health service company, is moving their headquarters from Greenwood Village to Denver’s Colorado Center. The Connecticut-based company has signed a lease for 135,800 square feet in the recently completed Tower 3 of the complex at 2000 S. Colorado Blvd, developed by ASB Real Estate Investments (ASB) and Dallas-based Lincoln Property Company.

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Construction Underway on MOB at Dry Creek Medical Campus

DENVER  – Vertix Builders, a culture-focused construction company, has started construction of the new 145 Inverness Drive East medical office building (MOB) located at the Dry Creek Medical Campus in the Inverness Business Park. As a healthcare construction specialist, Vertix Builders will be working with long-term client Development Solutions Group, a company that prides itself

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Rent for High-end Buildings in Denver Increases

DENVER — A recent RentCafé study shows that the number of high-end rentals increased significantly in cities across the country. The nationwide apartment search website looked at average rent prices for high-end apartments, across 30 largest US cities. The national average rent in a high-end building is around $1,640 per month. Key findings in Denver: Change in

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Value-Add Multifamily Property in Broomfield Sells for $50M

DENVER – Willow Run Village multifamily community located at 12621 Zuni Street in Broomfield has sold for $50 million. According to CBRE specialist, continued investor interest in value-add multifamily opportunities is driving competition for available properties and strong pricing. CBRE’s Dan Woodward, David Potarf and Matt Barnett represented the seller, Griffis/Blessing of Colorado Springs. The buyer, Hamilton Zanze of

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Commercial Millwork Provider Signs 65,000-Square-foot Lease at Colorado Trade Center

DENVER — Freelance Enterprises, a manufacturer of premium custom commercial millwork, has signed a 65,126-square-foot lease at the Colorado Trade Center, a 700,000-square-foot industrial complex located near the intersection of I-25 and I-70 in central Denver. The move to the new location at 5151 Bannock Street is approximately one mile east of Freelance Enterprises’ current site at 1851 West 52nd

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Six Additional Retailers Announced for Dairy Block

DENVER – Six additional restaurants, retailers and bars have signed on to join Dairy Block, Denver’s vibrant new micro-district in the heart of LoDo. Developed by McWHINNEY, Sage Hospitality and Grand American, Inc., Dairy Block is the Mile High City’s newest destination where you can dine, drink and explore, an entire downtown block connected by Denver’s

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