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transactions

Transactions Report Week Ending 08.10.18

Nexgen Properties Buys Highlands Ranch Medical Office Building Transwestern announced it provided disposition services for LNR in the sale of the EastRidge Medical Office Building at 6660 Timberline Road in Highlands Ranch. The 23,119-square-foot medical office property was purchased for $4.73 million by Greenwood Village-based NexGen Properties. Brad Cohen, Larry Thiel and Lauren Quiram of […]

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Movers and Shakers

Movers and Shakers Week Ending 08.10.18

Small Giants Expands with Assistant Project Manager Small Giants, LLC., a rapidly growing creative marketing agency in Phoenix and Denver, has hired Amanda Aiello as assistant project manager to support the agency’s organization and communication, as well as support Small Giants’ client accounts. In her role, Amanda will help communicate to team members the proper

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Class A Office Building in Colorado Springs Sells to Miami Investor

COLORADO SPRINGS – One Gateway Plaza, a 113,604-square-foot office building located at 1330 Inverness Drive in Colorado Springs, has sold for $11.75 million to KAS Partners, LLC, of Miamia Miami-based CBRE announced today that it has completed the $11.75 million. James Brady and Campbell Davis with CBRE represented the seller, Westside Investment Partners of Glendale, Colorado. The buyer, KAS

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Smart Technology Revolutionizing the Construction Industry

By Brian Zinkel Technology is an ever-present entity in countless industries, but for the construction industry, it’s becoming truly revolutionary, especially when it comes to digital and smart technologies. From 3D printing to drone use and countless mobile capabilities, it seems as though there are no limits to what smart technology can help the construction industry

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ENR Mountain States Announces Colorado’s Best Projects

DENVER — ENR Mountain States has announced the winners of its 2018 Best Projects competition across a seven-state region, which includes Utah, Idaho, Montana, Colorado, Wyoming, North Dakota and South Dakota. This year’s competition featured 124 entries, the largest number of entries in the contest’s 18-year history. Projects will be covered in more detail in the

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St. Moritz Apartments in Lakewood Sell for $78M

Oak Coast Properties and BMC Investments have acquired the St. Moritz Apartments a 360-unit community in Lakewood, for $78 million. The acquisition brings Oak Coast Properties’ Denver portfolio to nearly 4,000 units. “We remain bullish on Denver and this community signals our continued appetite for investment in this market,” said Phillip Nahas, managing partner of Oak Coast Properties. “The region’s employment is

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Q&A with Director of Design Services at Hensel Phelps, Greg Gidez

By Malorie Williamson Greg Gidez, director of design services at Hensel Phelps, recently spoke at the 2018 Design & Construction Procurement Conference in Denver with a presentation titled, “The Technology Revolution in Design and Construction.” With some key takeaways from the presentation, Gidez further explains the use of technology at Hensel Phelps. Facts about Greg: Greg attained his bachelor’s

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Broe Real Estate Group Acquires Three-Building Portfolio in Colorado Springs

DENVER — Broe Real Estate Group, a wholly owned subsidiary of The Broe Group, has purchased a three building flex/office portfolio comprising more than 210,000 square feet located in Colorado Springs’ Briargate Office Park. The portfolio sold for $21M or $99.69 per square foot. Broe intends to improve common areas, landscaping and building systems on the property.

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New Boutique Hotel in Parker Secures Financing

PARKER, CO — JLL has secured financing for the development of The Laszlo, a high-end 51-room boutique hotel in Parker by developer Mars Hospitality, LLC. The hotel recently broke ground and is the first phase of development for West End on Mainstreet that aims to provide a welcoming community space for the town. Part of the Preferred Hotels brand,

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Laurel Cherry Creek Condos Experience Summer Sales Surge

DENVER— Sales have been strong at Laurel Cherry Creekthis summer, with nearly two-thirds of the condominiums under contract.  The sales surge has been attributed to the release of the few remaining two bedroom, two bedroom + study, and three bedroom homes to the market.  The release currently holds at least one residence on each floor, though

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