Author name: milehighcre

Highlands Ranch Medical Plaza

Delaware Firm Buys Three Denver-Area Medical Office Buildings for $18M

View here Anchor Health Properties of Wilmington, Delaware, new to the Denver market, have purchased three Denver-area medical office buildings for $18 million, two in Highlands Ranch and one in Cherry Hills. The purchase was made on behalf of Chestnut Healthcare Partners, a healthcare real estate equity fund. Image courtesy of Google Maps.

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Catalyst

Koelbel & Company Celebrates the Topping Out of Catalyst in RiNo

DENVER – Local Colorado real estate developer Koelbel and Company —a full-service real estate company with developed properties spanning from Vail and Winter Park to Louisville and Denver — announced today the topping out of Catalyst, its next generation of office space under construction in Denver’s River North District (RiNo). On pace to open its doors on May 1, 2018,

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AGC Colorado Seminar: Managing Risk in a Thriving Construction Market

DENVER — The Associated General Contractors of Colorado (AGC/C) will host an event on July 19 at the Denver Marriott Tech Center, at which Steve Jones, Senior Director of Industry Insights Research for Dodge Data & Analytics will present findings from Dodge’s SmartMarket Report, Managing Risk in the Construction Industry, to an audience of more than 400 construction

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Denver’s Industrial and Office Markets Strong in Q2

View here According to  CBRE’s latest market update, strong population and job growth is supporting Denver’s industrial and office markets in the second quarter of 2017. Industrial remains the strongest — tenants have absorbed more space than they have let go for an unprecedented 29th consecutive quarter — more distribution centers and warehouses are needed due

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Denver Named Nation’s Seventh-Greenest City in CBRE Study

DENVER – For the fourth year in a row, Denver has ranked among the top 10 U.S. cities for the percent of its office space qualified as green certified, according to the annual Green Building Adoption Index study by CBRE and Maastricht University. Interestingly the study showed more “Green” in cities with benchmarking laws. With a modest improvement

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Denver Cheapest Place to Build in U.S.

View here According to Rider Levett Bucknall’s latest ” Quarterly Construction Cost Report,” Denver is currently the cheapest place to build in the U.S. It costs an average of $145 per square foot to build a retail center in Denver, compared with $495 per square foot in Honolulu and $480 in Las Vegas. Image courtesy of PEXELS.

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transactions

Transactions Report for Week of 07.03.17

Colorado Springs Apartment Complex Sells for Fourth Time Since 2014 Colliers International Multifamily Advisory Group is pleased to announce the sale of Midtown Flats Apartments (FKA Gallery Apartments) a 58-Unit Community, built in 1970. The property sold for $4,030,000 or $69,483/unit. At $138/sf, this sale represents the second highest $/sf for a multifamily property built prior 1980

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Haselden Construction Breaks Ground on New Larimer County Building

Centennial, CO — Last Thursday was an exciting day for the crowd gathered at Haselden Construction’s 8.9 acre project site at First Street and Denver Avenue in Loveland. The celebration and ceremony marked the official groundbreaking for the new Larimer County Building which is scheduled for completion in late summer or early fall of 2018. “This [building] was the

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