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Denver Crane Count Holds Steady, While Construction Costs Increase

Construction, Development, Reports /

International property and construction consultancy firm Rider Levett Bucknall (RLB) has released its latest Crane Index and Quarterly Cost Report, providing an eye-opening perspective on the North American construction industry in 14 key markets. The latest RLB quarterly cost report, with data current to mid-Q3 2024, shows that the national average increase in construction costs was 1.07 percent, the lowest it’s […]

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Mercy Housing Mountain Plains Receives $75K Affordable Housing Grant

1 Comment / Affordable Housing, Development, Renovation /

Mercy Housing Mountain Plains has been presented with $75,000 from the Wells Fargo Foundation for indoor and outdoor improvements at three communities in Colorado; Springfield Court in Fort Collins along with Francis Heights and Grace Apartments, both in Denver. Staff and residents also teamed up with Wells Fargo volunteers for a day dedicated to beautifying

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Movers and Shakers Week Ending 10.04.24

Movers and Shakers /

Saunders Construction Announces Executive Leadership Promotions Saunders Construction announced this week the promotion of three outstanding team members to the executive leadership team. Derek Breier is promoted to vice president and general manager of Saunders North, Brad Marsh to chief administration officer, and Teena Bergstrand to vice president of market strategies and communications. Saunders is

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University Hills Shopping Center Sells for $56.5M

Brokerage, Investment, Retail /

KPR Centers, a New York City-based retail real estate development and investment group, has entered the Denver retail market with the $56.5 million acquisition of University Hills, a 210,000-square-foot grocery-anchored center located at 2750 S. Colorado Boulevard. The grocery-anchored asset featuring King Soopers, Michaels, Marshalls, Office Depot, PetSmart, Five Below, Ulta Beauty, Starbucks Coffee, and numerous other restaurants and retailers, was 100 percent leased and

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StorageMart Opens State-of-the-Art Facility in Silverthorne

Architecture, Construction, Development, Self Storage /

REA Development and StorageMart have officially opened a new self-storage facility in Silverthorne, which they proudly describe as one of the most advanced in the country. Located at the intersection of I-70 and Highway 9, this facility is set to become a key resource for the local community, providing secure, high-tech storage solutions in a

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NexGen Properties Acquires Racine Industrial Park

Brokerage, Development, Industrial, Investment /

Greenwood Village-based NexGen Properties, LLC has acquired an industrial building located at 6281 South Racine Circle in Centennial (“Racine”) in an all-cash transaction. The building is a 4-unit, 40,000-square-foot flex industrial building on 6.16 acres. Nick Jurgens, managing partner with Madison Commercial Properties LLC, represented NexGen in the off-market transaction. “Racine is well located in

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CBRE Facilitates Sale of Alvista Harmony in Fort Collins

Brokerage, Multifamily /

CBRE has facilitated the sale of Alvista Harmony, a 280-unit garden community in Fort Collins, to Green Leaf Partners Management, Inc. A sales price was not disclosed. Shane Ozment, Terrance Hunt, Andy Hellman, Justin Hunt, Chris Hart and Brad Schlafer of CBRE represented the seller, an affiliate of Phoenix Realty Group and its joint venture partner. Located at 2002 Battlecreek Dr., this two-

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Lee & Associates Denver Celebrates 10 Years of Success and Innovation

Anniversaries, Brokerage /

Lee & Associates Denver, a leading commercial real estate firm, is proud to be celebrating its 10th anniversary this month. Since its inception in 2014, Lee & Associates Denver has been committed to excellence, innovation, and client satisfaction, and this milestone marks a momentous journey of growth andsuccess. Over the years, Lee & Associates Denver

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Skiptown, a Dog Bar, Park and Pet Care Club Opens October 4

Design, Development, Hospitality /

Skiptown, the one-of-a-kind dog bar, park and pet care club, will open its first Denver location to the public on Friday, Oct. 4. Skiptown’s 50,000-square-foot facility is located in York Street Yards in the River North district at 3833 Steele Street. It combines an expansive, off-leash, turfed dog park with a coffee and alcohol bar

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Top 15 Hotels in Colorado: Readers’ Choice Awards 2024

Awards, Development, Hospitality /

Condé Nast Traveler announced today the results of its 2024 Readers’ Choice awards, which included 15 hotels in Colorado. Gravity Haus Breckenridge took the #1 spot and Limelight Hotel Denver came in second. Other winners include the St Julien Hotel & Spa, Boulder, the #7 hotel; Halcyon, a hotel in Cherry Creek, the #12 hotel; and Hotel Clio, the #13 hotel. More than

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