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New Beauty Bar to Open Inside Cherry Creek’s Steele Creek Building

Leave a Comment / Construction, Design, Retail /

DENVER — PūrLuxe Beauty Bar will make its debut later this month in a 1,400-square-foot space inside Cherry Creek’s Steele Creek Building, next to sushi restaurant Matsuhisa. A 10-year lease has been signed with building owners, UDR Inc. and construction is in progress. Le Enterprise Construction is the general contractor for the project. PūrLuxe Beauty Bar is a departure from the standard salon

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Internet Distribution Company Signs Long-Term Lease in DTC

Leave a Comment / Brokerage, Development, Office /

DENVER — Northstar Commercial Partners has signed a long-term lease agreement with Pax8, a leading internet distribution company, for 74,068 square feet of space at Northstar’s 5500 South Quebec building in the Tech Center. Pax8 will fill the majority of the property’s entire remaining vacancy. Northstar acquired the asset in 2015 when it was expected that the building’s prior major tenant

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New Condo Development Coming to Denver’s LoHi

Leave a Comment / Architecture, Brokerage, Condominium, Development /

DENVER – The Edge LoHi, a 44-unit, upscale condominium development is set to deliver in 2019 in one of Denver’s favorite neighborhoods, the Lower Highlands. Condos will be available for purchase from the low $400,000’s to $1.75 million. HFF directors Leon McBroom and Brock Yaffe worked exclusively on behalf of the developer, Alpine Investments — a Denver-based real

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Transwestern Celebrate New Agency Leasing Team with Exclusive Party

Leave a Comment / Brokerage, Events /

DENVER – Last week, approximately 125 of Denver’s top commercial real estate professionals and industry innovators attended a celebration of the rapid success of Transwestern’s Whitney Hake, Billy Woodward, and Jamie Gomez, the firm’s newest agency leasing team. The exclusive party at the upscale CTRL Collective co-working space in the newly redeveloped Dairy Block building,

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Climate Change

Rents in the Mile High City Among the Fastest Rising in the U.S.

Leave a Comment / Multifamily /

DENVER —RentCafé just released their monthly rent report with data compiled from actual rents charged in the 250 largest US cities. Renters are looking at an optimistic start of the rental season. The national average rent in May 2018 was $1,381 per month, up only 2 percent Y-o-Y, marking the weakest annual growth for this time of

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McWHINNEY Multifamily Projects Begin Leasing

Leave a Comment / Development, Multifamily /

DENVER — McWHINNEY – a Colorado-based premier real estate investor and developer with expertise in multifamily, hospitality, mixed-use and commercial assets – has multiple Colorado multifamily projects in the works, including three communities that will welcome residents this year. Cycle, a 405 apartment home community in Fort Collins, and Pinyon Pointe, a 166 apartment home community in Loveland, are

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Boston Consulting Group Relocate to 1144 Fifteenth Street

Leave a Comment / Architecture, Development, Office /

DENVER– The Boston Consulting Group (BCG), a global management consulting firm, has signed a new 23,000-square-foot lease on the 38th floor of 1144 Fifteenth Street, the new 40-story, Class AA office tower in downtown Denver. The firm is moving from its current office at 1900 16th Street. Hines, a privately owned global real estate investment firm, developed the building.

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Hensel Phelps Donates Time, Resources for Teachers

Leave a Comment / Construction, Events /

DENVER — In May the Hensel Phelps Colorado offices collaborated with Denver non-profit Amp the Cause for a community day benefiting local organizations. The results supported 634,338 kids and families at 50 non-profit beneficiaries. Overall, there were 750 volunteers at the community day and together they used thousands of items like paint rollers, trash bags,

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Observatory Park Apartments Sell for $92.5M

Leave a Comment / Brokerage, Investment, Multifamily /

DENVER — Modera at Observatory Park Apartments, a 275-unit Class A newly constructed infill apartment community located at 1910 S Josephine St. near Denver University, has sold for $92.5 million. The Bascom Group, LLC (“Bascom”), a private equity firm specializing in value-added multifamily, commercial, and non-performing loans and real estate related investments and operating companies, purchased

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RJ Schinner Expands into Denver’s Central 62 Distribution Center

Leave a Comment / Brokerage, Development, Industrial, Office /

DENVER – Redistribution company RJ Schinner has signed a 50,000-square-foot lease at the Central 62 distribution center located at 435-495 East 62nd Avenue in Denver. Developed by Denver-based Corum Real Estate Group and completed in 2017, Central 62 totals 124,024 square feet of Class A industrial space now fully leased to three tenants demonstrating strong demand for

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