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Movers and Shakers

Movers and Shakers Week Ending 06.22.18

NexGen Properties Announces Matt Bernstein as Director of Acquisitions and Asset Management NexGen Properties announced the appointment of Matt Bernstein as director of acquisitions and asset management. “Matt brings all of the qualities, talents, and skills that we were seeking, as we look to grow the company. We are thrilled to have Matt to be […]

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Sale of Multifamily Property Near Aspen Spotlights Opportunity to Invest Beyond the Front Range

DENVER — An income-restricted apartment community located in Basalt, about 20 miles northwest of Aspen, has sold for $12.4 million. The recently completed 50-unit development, called The Willits Seven Apartments, offers income-restricted housing for residents living and working in the Roaring Fork Valley. Dan Woodward, David Potarf, Matthew Barnett and Jake Young with CBRE represented the seller, Platform Investments

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Holiday Inn Express & Suites DTC Sells for $9.2M

ENGLEWOOD — The Holiday Inn Express & Suites, a 92-room hotel in Englewood, Colorado has sold for $9.2 million, according to Bob Kaplan, regional manager of Marcus & Millichap’s Denver office. Neville Rustomjee, an investment specialist in Marcus & Millichap’s Denver office, had the exclusive listing to market the property on behalf of the seller, a

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PCL Construction Transforms Two Civic-Minded Parks in Boulder and Denver

DENVER – PCL Construction, Inc. (PCL) recently completed construction work to transform two popular parks in Colorado; Re-Imagine Play, Phase I at Paco Sanchez Park in Denver, as well as the Civic Area in Boulder. The work completed at the Re-Imagine Play at Paco Sanchez Park includes a new and innovative playground named “Re-Imagine Play”. 

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Denver’s Retail Market Outperforming Other U.S. Markets

DENVER – A new research report from CBRE shows that despite continued shake-ups in the retail industry, Denver’s retail market has sustained growth in the post-recession period. Compared to peer markets, Denver’s retail rent growth is moderate, while absorption of space and construction activity is strong. Local retailers are also adapting to the evolving environment, embracing new trends and

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Belmar wins international award for Civitas’ “healthy 10-minute neighborhood” design

DENVER — Urban design and landscape architecture firm Civitas has won an Honor Award for Excellence for its Belmar Town Center design in Lakewood from the recent 55th International Making Cities Livable (IMCL) Conference in Ottawa. The award acknowledges Civitas’ role in transforming the derelict Villa Italia suburban mall into the lively Belmar as a preeminent example

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Weitz Tops Out Luxury Apartment High-Rise in Downtown Denver

Scheduled to be completed in June 2019, Radiant, a multi-family residential construction project in downtown Denver, recently topped. Project general contractor The Weitz Company celebrated the milestone with developer LMC, A Lennar Company, by hosting a lunch for over 400 trade partners and project stakeholders at the jobsite. “Our employees and trade partners have worked extremely

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Lee & Associates Denver Negotiates 128,100 SF Industrial Sale

The Denver and Minneapolis offices of Lee & Associates recently announced the sale of a 128,100-square-foot manufacturing facility in Pueblo. Ron Webert with Lee Denver and Chris Garcia with Lee Minneapolis represented the buyer, Russ Davis Wholesale, a Minneapolis based fresh fruit and produce distributor. The building, once home to the Mars Company, Petcare Division, was owned by the

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Northern Colorado Office Market is Ripe for Change

By Ashley Stiles, Northern Colorado vice president of development at McWhinney Similar to most markets across the state, Northern Colorado is experiencing an undeniable boom. One area we are not seeing evidence of this is in the office development market. Northern Colorado is reported as the fastest-growing region in the state, yet office lease rates

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Colorado Health Foundation’s Office First U.S. Project to be Awarded WELL, LEED v4 Certifications at the Gold Level

The Colorado Health Foundation, Davis Partnership Architects (Davis), Saunders Construction (Saunders) and WSP announced that the Foundation’s new office building in Denver’s Uptown neighborhood has been awarded WELL Certification at the Gold level by the International WELL Building InstituteTM (IWBITM). The project has also achieved Leadership in Energy and Environmental Design (LEED) v4 Gold Certification by the U.S. Green Building Council (USGBC). The building is the first

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