Author name: milehighcre

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New Energy Players Invigorate Real Estate Markets following Oil & Gas Downturn

Denver, CO – With oil prices fluctuating, the North American energy industry is undergoing a major shift, forcing oil and gas companies to face tighter budgets and rethink office space for a modern workforce. According to JLL’s annual 2016 North American Energy Outlook, upstream and midstream oil and gas companies and the companies that serve them […]

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AGC Colorado Industry Gala Recgonizes ACE Award Winners

Denver, CO — On October 28, 2016, over 700 contractors and industry leaders attended the AGC Colorado Industry Gala and ACE Awards banquet at the Hyatt Regency at Colorado Convention Center. Sixty-nine entries, submitted by AGC Colorado member companies, demonstrated the outstanding creativity, skill and excellence of Colorado’s builders, architects, engineers and specialty contractors.  Winners

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NGKF Recruits Denver Powerbroker John Jugl

Denver, CO — Newmark Grubb Knight Frank (NGKF) recruited regionally renowned investment sales producer Vice Chairman John Jugl of Denver to its western region capital markets group. Jugl, who has completed more than 24 million square feet of investment sales transactions valued at more than $4.5 billion in his burgeoning 17-year commercial real estate and

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Rob Link Joins CBRE as Executive Vice President

Denver, CO –  CBRE recently announced that Rob Link has joined the firm’s Denver office as Executive Vice President. Mr. Link is one of the top corporate real estate advisory professionals in the metro area. Now part of CBRE’s market-leading Transaction & Advisory Services | Occupier group, he will continue to focus on delivering compelling real estate strategy

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Granite Capital Group Purchases Kipling Commons, New Multifamily in Arvada

Arvada, CO — Granite Capital Group (GCG), a Santa Barbara, Calif. real estate investment firm with a number of Colorado holdings, has purchased the recently completed Kipling Commons, a 48-unit residential development in Arvada, Colorado, 11 miles northwest of downtown Denver. The sales price was $10.6 million. It is anticipated the project will immediately return

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CO Office of Economic Development says ‘Good-Bye’ to Fiona Arnold

View here The Colorado Office of Economic Development and International Trade recently announced that Fiona Arnold will be stepping down as Executive Director and returning to her four-person development company, River North Investment Company LLC. Her replacement has yet to be announced. Headshot courtesy of Colorado.gov

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Griffis/Blessing Purchases Glenbrook Apartments in Denver

DENVER, CO – Griffis/Blessing, Inc., finalized the acquisition of Glenbrook Apartments located in southeast Denver, CO on November 1st. Glenbrook is a 252-unit, garden-style multifamily community built in 1985 that is comprised of studios, one- and two-bedroom apartment homes, averaging 752 square feet. The community offers residents an outdoor swimming pool, indoor spa and sauna, clubhouse

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ARA Newmark Closes on Highest Price Per Unit Multifamily Trade in Boulder History

Boulder, CO — With the sale of Solana 3100 Pearl, ARA, A Newmark Company (ARA Newmark) closes on the highest price per unit, conventional multihousing trade in Boulder, CO, and the second highest price per unit trade in all of Colorado. The 319-unit, mixed-use, transit-oriented development is located just off the intersection of 30th Street

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Pacific Acquisitions’ Affiliate Acquires 4th New CO Asset

Denver, CO – CBRE Group, Inc. recently announced the closing of the fourth in a series of recent acquisitions by affiliates of Pacific Acquisitions of Anchorage, Alaska. This $6.35 million purchase of the Matheson Building in Longmont, Colorado, follows the commercial property investment and management firm’s Aug. 3, 2016, purchase of the Micron Technology Building, also

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Industrial Market Dominates Latest DBJ Update to Crane Watch

View here The industrial market takes center stage in the Denver Business Journal’s latest update to their new Crane Watch feature. According to the DBJ, more than two million square feet of industrial space are currently under construction. Image: JLL’s 12415 Dumont Drive in Denver’s Southwest market; courtesy of JLL  

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