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CBRE Arranges Two Multifamily Sales Totaling $99.5M in CO Springs

Leave a Comment / Brokerage, Multifamily /

COLORADO SPRINGS — CBRE recently arranged the sales of two apartment communities in Colorado Springs; Woodland Hills and Creekside at Palmer Park. Woodland Hills sold for $27 million and Creekside at Palmer Park sold for $72.5 million, representing Colorado Springs’ largest single-property multifamily sale this year by number of units (328). The CBRE team representing the seller

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Iconic Denver Apartment Community Completes $1.2M Renovation

Leave a Comment / Construction, Development, Multifamily, Recreation /

DENVER — Spyglass Hill Apartments — an iconic 573-unit Denver apartment community, serving approximately 1,500 residents — has completed a $1.2 million, two-phase renovation project that includes a new luxury open space and community center. Built in the 1970s, Spyglass Hill was purchased by Arel Capital in 2016 and is managed by Allied Orion Group, a full-service,

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BIM Technology Revolutionizing Multifamily Market

Leave a Comment / Development, Engineering, Feature, Multifamily /

By Katie Rapone Long gone are the days when AEC professionals had to rely on 2D drawings in-order to construct a building from start to finish. The traditional design process required excessive interpretation, created waste and exposed owners to risks. Building Information Modeling (BIM) — an intelligent 3D model-based process that provides the insight and tools

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Denver-based Architect to Design U.S. Pavilion at Expo 2020 Dubai

Leave a Comment / Architecture, Events /

DENVER — Fentress Architects has been selected to design the U.S. Pavilion at Expo 2020 Dubai as a consortium partner with Big Things Group, a world leader in building, funding, and operating major expositions and public diplomacy events. The yet-to-be-revealed project builds on Fentress’ experience in the region where the “Dancing Sisters” mixed-use towers opened

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SunShare to Build Six New Community Solar Gardens in Colorado

Leave a Comment / Development, Energy /

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

Leave a Comment / Development, Industrial, Investment, Retail /

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

Leave a Comment / Development, Healthcare /

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

Leave a Comment / Transactions /

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

Leave a Comment / Movers and Shakers /

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

Leave a Comment / Awards, Engineering /

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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