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Movers and Shakers

Movers and Shakers Week of 02.12.18

Transwestern Expands Denver Leasing Team with Addition of Billy Woodward Transwestern’s Denver office today announces Billy Woodward has joined the firm as vice president – Agency Leasing. Woodward specializes in office and flex agency leasing, providing customized advisory services for investment and entrepreneurial owners of commercial real estate. He relies on extensive customer service, marketing […]

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12-Story Laurel Cherry Creek Tops Out

DENVER – JOHNSON NATHAN STROHE, a Denver-based architecture and interior design firm specializing in hospitality, urban housing and mixed-use projects, recently celebrated the topping out of Laurel Cherry Creek, developed by PAULSCORP, in Denver’s Cherry Creek North neighborhood. JOHNSON NATHAN STROHE served as the architect on the 242,050-square-foot development, located at 155 Steele St. When the project is completed

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New Climbing and Food Concept Coming to RiNo

DENVER — A first-of-its-kind shared fitness and food concept will open in RiNo this summer.  The 50,000-square-foot space — designed by local firms J Logan Architects and Oz Architecture — will feature both Movement Climbing + Fitness (the gym’s third location) and Improper City, a new hybrid food truck park-beer garden, much like Boulder’s highly successful Rayback Collective.

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Spec Office Building in Louisville Signs First Tenant

DENVER – Plexus, a global engineering/manufacturing firm headquartered in Neenah, Wisconsin, has signed a 26,500-square-foot lease at 168 Centennial Parkway in Louisville, a recently completed speculative office building by Denver-based developer Koelbel and Company. Completed in October 2017, 168 Centennial Parkway is a two-story, 58,300-square-foot Class A office building that features flexible floorplans, access to multiple fiber optic providers, landscaped grounds

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Affordable Lowry Apartments Top Out

DENVER – Pinkard Construction Company held a topping out ceremony last week for the 68,217-square-foot Lowry Apartments, a four-story mixed-income development,  at Lowry’s Boulevard One community. The Lowry project is currently transitioning from the structural phase to the finishes phase, with utilities, foundations, masonry cores, structural steel and structural framing complete. Mechanical, electrical, and plumbing rough-ins have begun,

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Cress Capital Purchases Office Building in DTC

DENVER — Commercial Real Estate Investment Firm Cress Capital, in partnership with Revesco Properties, has purchased Orchard Pointe, a 120,873-square-foot, multi-tenant office building in the Denver Tech Center (DTC), from TA Realty. Cress sourced and led the transaction and will oversee asset management. Revesco will provide property management services through its subsidiary, Revesco Property Services. Orchard Pointe

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Lafayette Apartment Complex Sells for $60.25M

BOULDER — Luna Bella Apartments, a 240-unit multifamily project in Lafayette, Colorado, has been purchased by Buchanan Street Partners — a California-based real estate investment management firm — from Milestone Development Group, for $60.25 million. The purchase of Luna Bella represents Buchanan Street’s continued investment focus on acquiring high quality multifamily assets in suburban locations proximate to major metropolitan

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EPA Green Roof

Denver Property Managers Voice Green Roof Concerns

View here The new Denver ordinance that requires buildings more than 25,000 square feet to dedicate a percentage of their roof to green, vegetative space, has many property managers concerned about the impact the ordinance may have on the cost of running their buildings. In particular, the increased water costs associated with keeping a green roof

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transactions

Transactions Report Week of 02.05.18

Marcus and Millichap Arranges the Sale of a 126-Unit Apartment Property in Aurora Marcus & Millichap announced the sale of Fitzsimons Junction, a 126-unit apartment property located in Aurora, according to Bob Kaplan, regional manager of the firm’s Denver office. The asset sold for $13.25 million. Greg Price and Jason Hornik, multifamily investment specialists in Marcus

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Movers and Shakers

Movers and Shakers Week of 02.05.18

Private Capital Office Investment Experts Move to CBRE CBRE announced this week that James Brady, Campbell Davis and Rachel Shanahan have joined CBRE’s Capital Markets, Investment Properties, practice in Denver. Formerly with Cushman & Wakefield in Denver, the team specializes in helping private capital investors with the disposition of office properties located throughout the Rocky Mountain Region. “With

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