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Strong Fundamentals Support Denver Retail in Overcoming Increased Headwinds

Leave a Comment / Brokerage, Feature, Retail /

By Drew Isaac, First Vice President Investments and Ryan Bowlby, Senior Associate, Marcus & Millichap. Denver’s retail market is benefitting from healthy employment growth, rising incomes and fundamentally sound new developments. Employers in energy, telecom and IT are creating well-paying positions, leading to an increase in disposable income and a boost to local retailers. In 2017, retail sales soared by 6.5 percent,

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7 Buildings in RiNo Sell for $50.86M

Leave a Comment / Brokerage, Retail /

DENVER — EDENS, one of the nation’s leading retail real estate owners, operators and developers, recently announced its acquisition of nearly 120,000 square feet of retail in RiNo for $50.86 million. According to the Denver Business Journal, the buildings sold as follows: 2601 Walnut St. sold for $12,162,800. 1336 27th St. sold for $11,540,620. 2601 Larimer St.

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PCL Construction

PCL Construction Achieves OSHA Blue Level Status for 13th Consecutive Year

Leave a Comment / Awards, Construction /

DENVER — PCL Construction has achieved Blue Level status from the Occupational Safety and Health Administration (OSHA) for the 13th consecutive year.  The status rating is an outcome of a program created via a partnership between OSHA and the Associated General Contractors of America (AGC) to improve workplace safety among contractors and reduce illnesses, injuries and fatalities

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The Winner of the 16th Annual Rocky Mountain Real Estate Challenge is…

Leave a Comment / Design, Development, Engineering, Events /

DENVER — The NAIOP 16th Annual Rocky Mountain Real Estate Challenge presented by Land Title, was held on Thursday, May 3., at the Hilton Denver City Center. Students of Colorado University and Denver University, commercial real estate industry professionals from almost 300 companies and special guests, gathered to find out which school would take home the prestigious NAIOP Cup. The

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transactions

Transactions Report Week of 04.30.18

Leave a Comment / Transactions /

Marcus & Millichap Represents Purchasers of Northern Colorado Apartments for $15M Marcus & Millichap announced the Le Deauville apartments, a 100-unit apartment community in Longmont, sold for $15 million ($150,000 per unit). Nick Steele and Jacob Steele, in the firm’s Denver office, represented the buyer in the transaction, a LLC comprised of local investors, who plan

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Skilled Nursing Facility Coming to Greeley

Leave a Comment / Construction, Development, Healthcare /

DENVER — Vertix Builders, a culture-focused construction company, has begun construction of the Greeley Skilled Nursing Facility, located at 4356 24th Street Road.  As a healthcare construction specialist, Vertix Builders will once again be working with Veritas, an operator of skilled nursing facilities.  The developer of the project is Somerset CPA.   “This will be

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Serendipity Labs Coworking Adds Second location in Denver

Leave a Comment / Development, Office /

DENVER — Serendipity Labs Coworking has signed a lease for a 25,000-square-foot location in LoDo on the 11th floor of Union Tower West, filling the final vacancy in the class AA building developed by Portman Holdings. A grand opening is slated for September 2018. Serendipity already has one location in Greenwood Village set to open in June. “We are

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Fort Collins Hotel and Restaurant Development Plan Approved by City Council

Leave a Comment / Development, Hospitality /

FORT COLLINS — Last night Fort Collins City Council voted to approve the Spirit at the River Development Plan by Spirit Hospitality to bring an extended-stay Staybridge Suites and Johnny’s Italian Steakhouse to 301 E. Lincoln Ave. within the Community Commercial Poudre River District. With this move, Spirit will immediately begin work on the project

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50 Fifty DTC Nears Completion

Leave a Comment / Architecture, Construction, Design, Development, Office, Sustainability /

DENVER — Completion of 50 FIFTY DTC, a Class A 12-story, 187,000-square-foot spec office building in the heart of the North Denver Tech Center, is slated for September 2018. The eyecatching building by developer Corum Real Estate Group located at 5050 South Syracuse Street, is immediately east of I-25 between Belleview and Union Avenue. 50 FIFTY is designed by

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