Author name: milehighcre

Line 28 at LoHi 1

Highlands Apartment Complex Sells for $46M

DENVER — Line 28 at LoHi, a 130-unit apartment complex in Denver’s popular Highlands neighborhood, has sold for $46.6 million – $359,000/unit, $514.08/SF. The property was purchased by TH Real Estate — one of the largest real estate investment managers in the world — from Washington-based developer Holland Partner Group. ARA, A Newmark Company, worked on the transaction. “Line […]

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Dillon Flats

Controversial Five-Story Condo Development Approved for Dillon, CO

View here The Dillon Town Council unanimously approved the development of a proposed five-story condo building to be built in Downtown Dillon, despite objections made by town residents who argued the building would be too big and even threatened a class-action law-suit. The proposed building, known as Dillon Flats, will be the first installment of

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The HUB RiNo

Groundbreaking: The HUB Brings Rail-Centric, Class A Office Space to RiNo

DENVER — On Wednesday, Beacon Capital Partners, a leading office investor, and Elevation Development Group, will break ground on The HUB, the first Class A office space to be built in the RiNo neighborhood of Denver. At 275,000-square feet, the mixed-use development designed by Gensler is currently the third-largest planned development in RiNo, and will feature 250,000-square-feet

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valley-park-village-apartments

Boulder-Based Investor Pays $30M for Two Denver Multifamily Properties

DENVER – Transwestern’s Denver Multifamily Investment Services Group today announced the sale of two apartment communities totaling 429 units. Jeff Sanders, a Boulder-based investor with Mountain View Capital LLC, acquired both properties for a total of $30.9 million. Transwestern’s Tom Wanberg and John Blackshire represented the undisclosed seller in the dispositions. “These properties presented a compelling opportunity to realize

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Reunion Rec Center Commerce City

Oakwood Homes Takes Over Development of 2,500-acre Community in Commerce City

View here According to DBJ, Oakwood Homes is now the master developer of Reunion, the 2,500-acre community development in Commerce City. The development is owned by Denver’s L.C. Fulenwider Inc. and includes 900 acres of mixed-use and commercial development, as well as 152 acres of parks and a golf course. Image Courtesy of KB Homes

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Office Evolution Market Street

Denver-Based Office Evolution Makes INC.5000 List of Fastest Growing Companies

DENVER– Office Evolution, the nation’s leading franchisor offering co-working space, conference rooms, private office space, phone answering and business address solutions, has been recognized as one of the fastest growing private companies in the U.S., as ranked by the Inc. 5000 list for 2017. A three-year sales growth rate of 75 percent ranks the company at #353

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transactions

Transactions Report Week of 08.14.17

Griffis Residential Sells Griffis North Metro Apartments Griffis Residential, a Denver-based multifamily investment and management firm, announced today that it has sold Griffis North Metro, a 562-unit, Class-A apartment community located in Northglenn, CO. Under Griffis Residential ownership and management from June 2013 to August 11, 2017, the value of Griffis North Metro appreciated 54.5

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Criterium Corporate building, Maine

Criterium Engineers Opens New Affiliate Office

Monument, CO — Criterium Engineers, a Portland, Maine-based firm, continues to grow with the addition of a new affiliate office; Criterium-Cona Engineers, focused on the South Denver Metro area. Criterium Engineers is an international engineering consulting company founded in 1957 with offices in more than 30 states. Criterium-Cona Engineers is a new full service consulting engineering firm that offers residential and commercial building

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Movers and Shakers

Movers and Shakers Week of 08.14.17

GH Phipps Construction Companies Names Erik Petersen Director of Project and Client Development GH Phipps Construction Companies is pleased to announce that Erik Petersen has joined the company as director of project and client development, bringing with him 30 years of design and construction leadership focused on client-based business development and project delivery models. With national experience as well as deep

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1730 Blake St.

Denver-Based CRE Software Company Named One of 2017’s Fastest Growing Companies

DENVER – Apto, the leading web-based software for commercial real estate brokers — with Global Headquarters on Blake Street in Downtown Denver — has been ranked #401 by Inc. magazine on its list of the fastest-growing privately held companies in the United States. In the 36th annual Inc. 500 list released this week, Apto also ranked as the

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