Author name: milehighcre

SunShare to Build Six New Community Solar Gardens in Colorado

DENVER — Following the announcement of Xcel Energy’s landmark commitment to 100 percent carbon-free electricity by 2050, SunShare, one of the largest and most experienced community solar companies in the country, has been awarded six new community solar gardens by Xcel totaling 12 MWdc. The six community solar gardens will service approximately 2,600 subscribers upon completion with construction […]

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E-Commerce has Industrial Market Poised for Continued Growth

DENVER— The industrial sector of the commercial real estate market is booming with rents growing by an average of 5.5 percent per year since 2013, outpacing the other three main CRE sectors (office, retail and multifamily). Thanks to increasing demand for e-commerce, industrial rents and occupancies are surging across a range of building shapes and sizes. Industrial warehouses

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NexCore Group Receives Prestigious National Award

DENVER — For developing an innovative new healthcare clinic that both satisfies immediate needs and serves as a prototype for future facilities nationwide, national healthcare real estate developer NexCore Group has won a prestigious national award. The Denver-based firm accepted a 2018 HREI Insights Award Dec. 6 for the CHI Health Clinic Valley View in Council Bluffs.

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transactions

Transactions Report Week Ending 12.14.18

HFF announces $21.4M financing for Boutique Senior Living Community in Broomfield Holliday Fenoglio Fowler, L.P. (HFF) announced $21.4 million in financing for The Avenues Crofton Park, a 90-unit, 55+ age-restricted independent living community in Broomfield. The HFF team worked exclusively on behalf of The Avenues Crofton Park, LLC to secure 10-year, fixed-rate financing through Freddie

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Movers and Shakers

Movers and Shakers Week Ending 12.14.18

Cheryl Casserly Joins Transwestern’s Growing Agency Leasing and Occupier Solutions Group Transwestern announced his week that Cheryl Casserly has joined the firm’s Denver office as senior vice president. In this role, Casserly will work alongside Senior Vice President Karen Clarke to provide Agency Leasing and Occupier Solutions services to office and retail clients in greater Denver. “What

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ACEC Colorado Announces 2019 Engineering Excellence Award Winners

DENVER — The American Council of Engineering Companies of Colorado (ACEC Colorado) recently recognized 25 Colorado consulting engineering firms and their projects for innovation at the 2019 Engineering Excellence Awards (EEA) Luncheon, held Nov. 5 at the Warwick Denver Hotel and attended by 175 guests. The Grand Conceptor Award, presented for the overall best engineering

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City Uncovers Misconduct In Convention Center Bidding Process

DENVER – Mayor Michael B. Hancock ordered a halt this week to the contractor selection process for the $233 million Colorado Convention Center expansion project and has asked the District Attorney’s Office to investigate. “I was fully briefed by the City Attorney and her team yesterday. We believe this is a significant breach of the public trust and a

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Confluent Development Completes Denver Retail Project

DENVER – Denver-based Confluent Development, recently completed its retail project located on the northeast corner of Arapahoe & Nome in Centennial.. Spanning 2.78 acres within The Ridge development, the project features national retail brands Natural Grocers and Starbucks. Confluent Development and Equity Ventures Commercial Development, a fully integrated commercial real estate development group, partnered to deliver the

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ULC Partners with Adams County to Purchase TOD in Opportunity Zone

COMMERCE CITY — In partnership with Adams County and Commerce City, Urban Land Conservancy (ULC) has purchased the former Adams County Human Services building, now called South Platte Crossing, located at 7190 Colorado Boulevard, to preserve critical community-serving office space. The 4.5-acre property is located directly across from the E. 72nd and Colorado Boulevard Rail Station

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Pinkard Construction Completes Frasier’s New HillTop

BOULDER — Pinkard Construction recently completed construction of Frasier retirement community’s HillTop project, the complete overhaul and renovation of the fifth floor of the original building which opened in 1960. Frasier is  Colorado’s only accredited continuing care retirement community (CCRC) located on a 20-acre campus in Boulder. The new HillTop will be used for resident social gatherings and will

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