Author name: milehighcre

CBRE Survey Finds Industrial and Logistics Sector Remains ‘Blisteringly Hot’

DENVER — CBRE’s H1 2018 North America Cap Rate Survey — which provides insights on movements for the major property asset classes — shows that cap rates remained broadly unchanged across the sectors in H1 2018, except for some retail segments. Industrial cap rates tightened the most and multifamily rates edged down modestly. Office cap rates were generally […]

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Restored Ironworks Building to Open as Denver’s Newest Event Space

DENVER— Following years of dormancy, the Ironworks building in Denver has been carefully restored into a new event venue set to open this fall. Dating back to the turn of the century (1903), the Midwest Steel and Ironworks was a Denver landmark, serving as the headquarters for the drafting and operations of Midwest Steel. The complex was

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transactions

Transactions Report Week Ending 08.31.18

Radius Uptown Apartments sell for $134.97 Million  Radius Uptown Apartments, formerly Alexan Uptown, located at 1935 Logan St., has sold for $134.97 million according to Denver County Public Records. The 372-unit, 12-story complex was sold to Equity Residential by developer Trammell Crow Residential. The HFF investment advisory team representing the seller included managing director Jordan

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Movers and Shakers

Movers and Shakers Week Ending 08.31.18

Tributary Real Estate Expands Brokerage Team Tributary Real Estate, a fully integrated Denver-based brokerage, development and investment firm, recently welcomed Associate Broker Jake Gustafson to its growing team. “We’re always on the lookout for brokers who share our passion for delivering a high level of service in everything we do,” said Andy Cullen, managing broker

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Amazon Expanding Boulder Presence

BOULDER — This Fall, Amazon will expand into a three-story, 37,000-square-foot office building in downtown Boulder at 1900 15th St., to accommodate the company’s advertising business and rapid growth. “With Boulder’s technical talent and culture of innovation, Amazon is pleased to be bringing additional jobs to the city as its presence in Colorado grows,” according to an

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North America’s Largest Climbing Gym Opens in Englewood

ENGLEWOOD – Earth Treks Climbing and Fitness will open North America’s largest indoor climbing gym tomorrow, August 31. The 53,000-square-foot facility in Englewood takes over the previous Sports Authority headquarters at 1050 W Hampden Ave. The new facility will feature world-class climbing and bouldering, along with amenities such as a yoga studio, fitness and cardio zones, climbing

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CBRE Report Shows Impressive Growth in Colorado’s Tech Economy

DENVER – A new report by CBRE confirms that Colorado’s tech scene is expanding at a rapid rate. According to the report 22 technology companies opened new Colorado offices or moved their headquarters to the state in the past year and technology absorbed 849,000 square feet in incremental space across the state from Q3 2017 to Q2 2018—more than

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Construction Careers Now Provides Solution to Colorado’s Construction Labor Shortage

DENVER —  Despite having already broken ground on the highly-publicized $1.2 billion Central-70 project on August 3, 2018, the construction workforce shortage in Colorado continues to remain at the forefront of local contractors’ top concerns. According to the Associated General Contractors of America 2018 Construction Outlook Survey for Colorado, 73 percent of Colorado construction firms noted

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Saunders Receives SMPS Award of Excellence

DENVER – Saunders Construction, Inc. has received a Marketing Communications Award (MCA) from the Society of Marketing Professionals (SMPS) for excellence in developing their internal Project Spotlights newsletter. ​Of the 92 companies from across the country to receive a MCA honor, Saunders is the only company from Colorado to receive an Award of Excellence. All finalists were recognized at Build Business,

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Construction Update: Laurel Cherry Creek Condos

DENVER– Construction of Laurel Cherry Creek, developed by PAULSCORP, continues to progress at a steady pace with the recent announcement that Haselden Construction is now assembling the rooftop entertainment deck on top of the building, and the base of the building is currently being wrapped with limestone panels.  The activity is helping to maintain the target date of moving in

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