Author name: milehighcre

CBRE Verizon_Colorado Springs CO

CBRE Completes Sale-Partial Leaseback of Verizon Regional Operations Center in Colorado Springs

Colorado Springs, CO – CBRE Group, Inc. recently announced the sale and partial leaseback of the Verizon Regional Operations Center located at 2424 Garden of the Gods Road in northwest Colorado Springs. Mike Winn, Tim Richey and Chad Flynn of CBRE Capital Markets, Institutional Properties, in Denver; along with Matt Hargrove and Mike Shellow of CBRE […]

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Northstar Commercial Partners_Aurora Parcel

Northstar Commercial Partners Purchases 26-Acre Aurora Parcel with Plans Innovative Veterans-Focused Initiative

Aurora, CO –  Northstar Commercial Partners recently announced the purchase of 25.6 acres of land for $7.75 million near the intersection of Colfax and Sable in Aurora, CO. Northstar intends to use this location to create a new supportive community focused on the local U.S. Military Veteran population in the Denver metro area while adding value

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New FAA Rules Commercial Drone Usage

Updated FAA Drone Regulations Now in Effect

View here The Federal Aviation Administration released an updated set of regulations concerning commercial drone usage on Monday, August 29, 2016. The article cites a report from the Association for Unmanned Vehicle Systems International from April of 2016 that found that construction and infrastructure were the two industries that used drones the most, representing nearly 40% of

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Pinnacle Real Estate Advisors_Northglenn

288-Unit Apartment Community in Northglenn Sold

Northglenn, CO – Joe Hornstein and Scott Fetter, brokers at Pinnacle Real Estate Advisors, announce the sale of Village by the Park located at 10701 Pecos Street in Northglenn, Colorado. This 288-unit apartment community, which consists of twenty-four 12-unit apartment buildings, sold for $26,000,000 on August 17, 2016. The property includes 144-1Br units and 144-2Br

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Denver Recognized as Prime Market for Restaurant Growth per CBRE Research

Denver, CO – With food-and-beverage outlets now among the fastest-growing categories in retail centers, a new CBRE Group, Inc., report identifies four emerging eatery formats poised for significant expansion: food trucks, food halls, celebrity-chef restaurants and “grocerants.” Denver is recognized in the study as a prime market for restaurant growth thanks to high job, income and population

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JLL_CommercialTribe_Denver CO

JLL Secures Space for CommercialTribe in the Heart of LoDo

Denver, CO – JLL announced the company has secured a prime location for CommercialTribe in Denver’s LoDo neighborhood in a space formerly occupied by an oil and gas firm. CommercialTribe, which offers video-based sales training solutions, has leased 10,473 square feet of space on the 4th floor of the Guaranty Bank Building at 1331 17th Street

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Denver Startup Week_Downtown Denver

Denver Startup Week Launches 2016 Registration, Announces Inaugural Pitch Challenge and Return of Basecamp

Denver, CO – Denver Startup Week, the largest free entrepreneurial event of its kind in North America, announced that registration is open for the fifth annual event aimed at celebrating and growing Downtown Denver’s culture of innovation and entrepreneurship. Denver Startup Week will take place from Sept. 12 through Sept. 16, 2016 and will include

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DBJ Unveils Crane Watch for CRE Industry

View here The Denver Business Journal launched a new interactive map that tracks all of the commercial development taking place in the Denver Metro Area. Crane Watch will be updated monthly and include the following industry sectors: office, hotel, multifamily, mixed-use, retail, healthcare and industrial. DBJ readers are encouraged to submit their projects. (View requirements

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Marriott in Boulder Sold & Stonebridge Co’s Assumes Management

Boulder, CO – Stonebridge Companies recently assumed management of the Marriott Boulder in Boulder, Colorado. Collaborating with Summit Properties Inc., a publicly traded REIT, which purchased the property and focuses primarily on owning premium-branded, select-service hotels in the upscale segment of the lodging industry, Stonebridge Companies will now undertake daily leadership of the hotel. Nestled

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Palace Construction_Northeast Denver Housing Center

Affordable Housing Update: Fund Advanced to a Vote by the Full Denver City Council

View here The Affordable Housing Fund in Denver has been a topic of contention all summer, but the motion advanced to a vote by the full Denver City Council after a committee vote Wednesday, August 24th. The proposed fund would raise $156M over the next ten years with property taxes and a new fee for developers up

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