Author name: milehighcre

Elsy Studios Puts Personality First in Remodel for ACM

DENVER — Elsy Studios, a Denver‐based full-service commercial interior design firm, recently completed the remodel of Anton Collins Mitchell LLP’s (ACM) 26,479-square-foot office space located at 303 E 17th Ave. in Denver. Elsy’s design aims to reflect the dynamic personality of the company in an open-concept layout not typically found in accounting firms. “ACM wanted to recognize the […]

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Under Construction: Jefferson View Apartments

DENVER – Jefferson View, a 12-story apartment building at 2450 Alcott Street that will overlook I25 and be among the tallest buildings in the Jefferson Park neighborhood, is currently under construction. A tower crane is up on the project site and the first level has been poured. Texas-based developer Argyle Residential and architect Meeks + Partners anticipate an August

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Denver’s Escalating Property Values Hurting Small Businesses

View here An article published by the Denver Channel highlights Denver’s increasing property values and the negative impact on small businesses in the state. According to the Denver Assessor’s Office the average commercial property shot up 20 to 25 percent. Some local shops have seen their property taxes double in addition to their rents increasing.

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Class A MOB in Grand Junction Sells for $31.5M

GRAND JUNCTION, CO — Griffin-American Healthcare REIT IV, Inc. has acquired a Class A medical office building in Grand Junction for $31.5 million. Built in 2013, the approximately 83,000-square-foot Grand Junction Medical Office Building was 100 percent leased at the time of acquisition to multiple tenants, including Colorado West Healthcare System and its subsidiaries, which lease approximately

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Construction of Lakehouse at Sloans Lake Reaches Halfway Point

DENVER — Construction of the 12-story Lakehouse residences, overlooking Sloans Lake, has reached the halfway point and is on schedule for completion in late summer 2019. The new 196-unit condominium and rowhome development by NAVA Real Estate Development (NAVA) — a Colorado-based development company focused on improving communities through quality design and healthy programming — is located at 4200 West 17thAvenue

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Mixed-Use Building Breaks Ground in Cherry Creek North

DENVER — Elevation Development Group, a Denver-based real estate firm that focuses on acquiring and developing commercial and residential properties in high barrier to entry submarkets, has broken ground on 260 N Josephine, a 70,000-square-foot mixed use building to be situated at the prominent corner of 3rd and Josephine street in Denver’s Cherry Creek North Shopping

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Progress Report for Peña Station Hyatt Place

DENVER –The project team at the site of the Peña Station Hyatt Place, is continuing the underground over excavation and recompaction for the foundation concrete. Alliance Construction Solutions have just begun pouring the foundation walls as they complete the remainder of the spread footings. Alliance is pouring both stair cores simultaneous to the foundations going in and are up to

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OZ Architecture Designs New Senior Living Community

GRAND JUNCTION, CO — Construction has begun on The Lodge at Grand Junction, a Rocky Mountain Senior Housing and WellAge senior living community that is slated to open in the summer of 2019. OZ Architecture, an award-winning, national architecture and design firm, designed the community. Shaw Construction is the general contractor on the project; Bow River Capital

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Revitalization of Former Mile High Greyhound Park on Track to Begin Q2 2019

COMMERCE CITY, CO— The former site of the Mile High Greyhound Park is set to become a vibrant, mixed-use area in the coming years, combining residential, retail/commercial, civic and educational spaces that will hopefully help revitalize Commerce City. The urban renewal plan was recently approved by the planning commission, Commerce City Urban Renewal Authority (CCURA) board and city

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transactions

Transactions Report Week Ending 07.06.18

Transwestern Brokers Sale of 70,887 SF Property in Colorado Springs Transwestern announced it brokered the sale of a 79,887-square-foot flex/research and development property at 4725 – 4755 Centennial Boulevard in Colorado Springs. The property was purchased for $3.95 million by Amerco Real Estate Co., an affiliate of U-Haul, which intends to occupy the building’s 32,226-square-foot

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