Author name: milehighcre

HFF_Peter Merrion_Director_Denver

HFF Expands Denver Investment Sales Team with New Hire

Denver, CO –  Holliday Fenoglio Fowler, L.P. (HFF) hired Peter Merrion as a director in its Denver office.  Mr. Merrion will team up with Mark Katz, senior managing director and co-head of HFF’s Denver office, to focus on office investment sale transactions in Denver and the Rocky Mountain region. Mr. Merrion joins HFF from JLL, […]

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Denver Office Using Employment Trends

Office Tenants Enter 2017 with Increased Leverage as Availability Rates Rise & Leasing Decelerates in 2016

Denver, CO – Savills Studley released its 2016 Q4 Denver edition of the Savills Studley Office Market Report. “Leasing slowed and sublet supply rose in 2016, particularly in the Uptown section of Downtown and in suburban submarkets. Tenants head into 2017 with additional leverage and more options to consider, ” commented Ashley Elkin, Assistant Director at

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Industrial Market Denver

Colliers International Names Denver as One of Top Emerging U.S. Industrial Markets

View here Colliers International included Denver in their recently released 10 Emerging U.S. Industrial Markets to Watch in 2017. The report cites that in terms of development in Denver, “In 2016, industrial construction activity reached its highest level in 15 years with more than 3.6 million square feet under construction, of which a large percentage

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Hines_1515-Wynkoop_Denver

1515 Wynkoop Awarded LEED Platinum

Denver, CO – Hines and Invesco Real Estate recently announced that 1515 Wynkoop has earned Platinum certification under the U.S. Green Building Council’s (USGBC) LEED rating system for Existing Buildings. Completed in 2009 and currently owned by a separate account pension fund client of Invesco Real Estate, 1515 Wynkoop is a premier eight-story 306,791 square-foot-office building

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1769 Coronado Pkwy N Thornton-large-039-26-DSC47004829-1500x925-72dpi

BMC Investments & Oak Coast Properties Purchase Timber Lodge Multifamily $40.5M

View here BMC Investments and Oak Coast Properties joined together to purchase Timber Lodge Apartments, a 390-unit multifamily located in Thornton, for $40.5 million. Shane Ozment, Terrance Hunt, Jeff Hawks and Doug Andrews from ARA Newmark handled the deal, along with representatives from HFF. Pictures courtesy of ARA Newmark

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Raul Garcia_Coda Exterior_2581

RNL Completes Coda Cherry Creek

Denver, CO – RNL has completed design work on Coda, an up-scale commercial mixed-use multi-family development, located at First Avenue and Steele Street in the Cherry Creek neighborhood. Coda’s sustainable, luxury apartments are now available for lease. “With Coda, we were able to showcase our approach to integrated sustainable design and the best of the Cherry Creek lifestyle,” said

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CBRE_1844 Nelson Road Exterior

Pacific Acquisitions’ Affiliate Acquires 5th CO Asset, Raises Local Investment Total to More Than $56.5M

Denver, CO – CBRE Capital Markets arranged the sale of the General Electric building, a 152,218-square-foot, single tenant, office/flex facility located at 1844 Nelson Road in Longmont, Colorado, for $12.5 million. Jim Bolt of CBRE’s Denver office represented the buyer, an affiliate of Anchorage, Alaska-based Pacific Acquisitions, in the purchase, which closed Jan. 17, 2017. CBRE’s

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Block_162_Gensler_Denver CO

Block 162 Closes on Ground Lease, Marks Major Milestone in Downtown Denver Development

Denver, CO – Block 162, a parcel of land in downtown Denver, has been a long-time in the making. With several design iterations dating back to 2013, Block 162 finally marks a major project milestone with the closing on the ground lease, with a joint partnership consisting of Patrinely Group and USAA Real Estate Co., who

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Denver-Area Added Most Construction Jobs Over the Last Year, Out of 358 Metro-Areas

Although construction employment declined in 110 out of 358 metro areas between December 2015 and December 2016, the Denver-Aurora-Lakewood metro area added the most construction jobs in the country with 10,400 jobs  (11 percent) during the past year. Further statistics include stagnant growth in another 65 metro areas and an increase in 183, according to

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