Author name: milehighcre

Environs Residential Rental Community in Westminster Sells for $82M

DENVER – Environs residential rental community located at 3323 West 96th Circle in Westminster, has sold for $82 million. Dan Woodward, David Potarf and Matthew Barnett with CBRE represented the seller, Seagate Associates, LLC, of San Rafael, California. The buyer, San Francisco’s Hamilton Zanze, purchased the property in a sale that closed Aug. 31, 2018, attracted to […]

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VF Corporation to Occupy Entire 10-Story LoDo Office Building

DENVER — VF Corporation, a global leader in branded lifestyle apparel, footwear and accessories, has selected 1551 Wewatta Street in Denver’s LoDo for its new global headquarters. VF signed a 12-year lease in the building and will occupy the entire 10-story, 285,000-square-foot building owned by Bentall Kennedy, a leader in sustainable investment and management practices. With a

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Lean Construction Offers Solution to Effects of Labor Shortage

DENVER — According to the Associated General Contractors (AGC) of America’s 2018 Workforce Survey, 63 percent of Colorado firms report that projects are taking longer than anticipated and 59 percent of firms indicate costs are higher than originally anticipated as a result of staffing challenges. To alleviate these issues, lean construction practices focus on “the holistic

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New Boutique Hotel to Break Ground in RiNo 2019

DENVER – TWC Management, a Colorado-based hotel operator and developer specializing in limited service properties, has announced plans to develop a locally-inspired Vīb®, a boutique hotel concept by Best Western® Hotels & Resorts, at 3560 Brighton Boulevard in RiNo. Designed for the connected traveler, this will be the first Vib hotel in Colorado. “The creativity, ingenuity and grit

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Proposed “Micro Micro” Development to Bring Efficient, Modern Living to RiNo

DENVER — OZ Architecture’s latest project rolls mixed use, residential and adaptive reuse into one project known as “Micro Micro,” a new micro-design project proposed for RiNo, by developer Detroit Land Company. Located at 3034 Larimer, the project will consist of adaptive reuse and restoration of two existing but long-vacant structures — a late 19th

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RTA Architects Celebrates the Opening of the Expanded Level III Neonatal Intensive Care Unit at the St. Francis Medical Center

COLORADO SPRINGS – RTA Architects, an award-winning Colorado Springs-based architectural and interior design firm, recently celebrated the opening of the expanded Level III Neonatal Intensive Care Unit (NICU) at St. Francis Medical Center in Colorado Springs, with a ribbon cutting ceremony. The NICU is the first phase of a multi-phase 168,000-square-foot $102M expansion that also

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Ares Real Estate Group Sells Investment Stake in Gaylord Rockies Resort & Convention Center for $270M

DENVER — Ares Management, L.P. (NYSE: ARES) — a publicly traded, leading global alternative asset manager— has sold its investment stake in the Gaylord Rockies Resort & Convention Center in Aurora for $270 million. Located less than 10 minutes from the DIA and 25 minutes from downtown Denver, the 1,500-room hotel and convention center is ideally situated

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Fiddlers Green

Schnitzer West Forms Joint Venture with John Madden Company

DENVER – Schnitzer West, one of the West Coast’s fastest-growing real estate investment, development and property management companies, has formed a joint venture with Colorado commercial developer John Madden Company, to own and manage a three-building, 726,742 square-foot, 100 percent leased, Class A office portfolio in Greenwood Village. The joint venture includes the award-winning Palazzo Verdi, and Fiddler’s

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Denver-headquartered Solar Pioneer Building 8.2 MW of Solar Projects in Minnesota

DENVER – Denver-headquartered community solar pioneer SunShare, is building two new projects totaling 8.2 MW of solar power. The new solar gardens in Saint Michael and Zumbro Falls, MN, will serve approximately 1,200 households. Community solar is the fastest growing segment of the solar industry according to a recent report by the Rocky Mountain Institute (RMI). “We’ve been building

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transactions

Transactions Report Week Ending 09.14.18

HFF Announces $37.525M financing for 418-unit multi-housing community in Northglenn Holliday Fenoglio Fowler, L.P. (HFF) announced the $37.525 million in financing for Thistle Sage, a 418-unit, garden-style multi-housing community in Northglenn. Working exclusively on behalf of Jeffrey Sanders of Boulder-based Mountain View Capital, LLC, the HFF team secured the seven-year, fixed-rate loan through Freddie Mac’s CME

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