Author name: milehighcre

Children’s Hospital Medical Pavilion in Aurora Sells

AURORA — Children’s Hospital Medical Pavilion, previously called Aurora Medical Pavilion, located at 860 North Potomac Circle in Aurora has sold. Chris Bodnar, Lee Asher, Shane Seitz, Ryan Lindsley and Sabrina Solomiany of CBRE U.S. Healthcare Capital Markets partnered with James Brady and Campbell Davis from CBRE Denver Investment Properties to act as the seller’s exclusive advisors. The seller was […]

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DAM North Building Renovation Celebrates Major Construction Milestone

DENVER — On Thursday, Dec. 6, the Denver Art Museum (DAM) marked a major milestone in its North Building renovation project with a topping-out celebration. Denver Mayor Michael B. Hancock joined museum Director Christoph Heinrich on site to provide some brief remarks and sign the welcome center’s final structural steel beam before crew members from Saunders

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Vail Resorts Inc. to Further Invest in Colorado Ski Resorts

BROOMFIELD — Vail Resorts, Inc. recently announced its plans to invest approximately $175 million to $180 million in the guest experience, in time for the 2019-20 winter ski and snowboard season across its network of 18 resorts. This latest investment is in addition to approximately $150 million invested for this season, bringing the company’s industry-leading resort investment

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Crescent Acquires Large Office Portfolio in Colorado Springs

COLORADO SPRINGS — Crescent Real Estate LLC (Crescent), a real estate operating company and investment advisor, has acquired the Patriot Portfolio, a 1.02 million-square-foot office portfolio in Colorado Springs that consists of 13 Class A office buildings in two submarkets. Five buildings are in the North I-25 submarket and eight buildings are in the Airport submarket. The Patriot

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Westfield Company Purchases 45-Acre Denver Infill Site

DENVER – A 45-acre site marketed as “Denver’s Last Mile,” located on the northwest corner of Pecos Street and West 56th Avenue in central Denver has sold. Westfield Company, Inc. a Denver-based real estate investment, development and management company, purchased the land from Rocky Mountain Prestress for $40.71 million, according to Denver County public records. “This location is one of

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Movers and Shakers

Movers and Shakers Week Ending 12.07.18

Cresent Hires New Vice President Crescent Real Estate LLC (Crescent) has hired Michael P. “Mike” Bannon as vice president for the Fort Worth and Denver-based real estate operating company and investment advisor. Bannon, whose experience ranges from operating assets to development, will initially be responsible for Crescent’s Colorado Springs operations including a recently purchased office

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transactions

Transactions Report Week Ending 12.07.18

Expansive, 512-Unit Value-Add Property in Lakewood Sells for $143.5M Newmark Knight Frank Multifamily announced the sale of Ashford Belmar, a 512-unit, value-add asset in the retail destination of Belmar in Lakewood. The property sold for $143.5 million, marking the largest multifamily transaction in the Denver area so far this year. Vice Chairmen Shane Ozment and Terrance Hunt represented

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Q&A with Jim Ciesla, President & CEO at Brinkman Construction

By Liz Gibbons Jim has been in the construction industry for 21 years. Prior to moving to Colorado, he spent seven years working for a national design-build development and construction company in Phoenix, Ariz., where he managed development and construction projects from initial design concepts through construction completion. He has been with Brinkman Construction for the company’s 13-year-history

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PCL Construction_Monarch Hotel_Black Hawk CO

Topping Off: Monarch Hotel and Casino in Black Hawk

DENVER – PCL Construction recently topped-off the 23-story Monarch Hotel and Casino in Black Hawk. With completion scheduled for August 2019, the team is working diligently to finish construction of the exterior and interior spaces. The hotel tower will include five lower levels of casino gaming, restaurants, hotel administration and lounges. Levels six and higher will

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Etkin Johnson Expands CTC Portfolio with Delivery of Two Buildings

LOUISVILLE — Etkin Johnson Real Estate Partners, a full-service, privately owned commercial real estate investment and development company based in Colorado, has completed the new 109,386-square-foot FedEx distribution center at 2035 Taylor Avenue as well as a 136,610-square-foot speculative industrial/flex building at 700 Tech Court in the Colorado Technology Center (CTC) in Louisville. “The addition of

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