Author name: milehighcre

Groundbreaking: AdventHealth Parker Expansion

AdventHealth Parker broke ground on a $300 million expansion project on January 7, 2025. Currently a 179-bed hospital, AdventHealth Parker has served the southeast Denver metro area and beyond for nearly 21 years.  The new 186,000-square-foot tower will include: Construction is expected to begin in February 2025, with plans to care for the first patient […]

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2025 Positive Predictions & Pitfalls to Avoid in Denver CRE

By Ben Reinberg, CEO of the Alliance Consolidated Group of Companies. Going into 2025, the commercial real estate (CRE) market in Denver is a mixed bag of promise and risk. The city keeps growing, adding new businesses and residents, but there are also challenges in navigating this changing landscape. Growth will bring many challenges and being

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State Legislators Discuss Future of Colorado Business Climate

Colorado’s business community heard from leaders of the Colorado General Assembly about their plans, priorities and predictions for the 2025 legislative session at the Denver Metro Chamber of Commerce and Colorado Competitive Council’s (C3) Annual Business Legislative Preview — a neutral platform for both political parties to discuss what lies ahead for the business community.

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CentrePoint Properties Acquires Edgewater Public Market

Denver-based CentrePoint Properties has acquired Edgewater Public Market, a premier 76,000-square-foot Class A neighborhood retail center located at 5505 W. 20th Ave., just west of Sloan’s Lake. According to a special warranty deed filed in Jefferson County, CentrePoint Properties paid $25.5 million. “We believe Edgewater Public Market stands as one of the best market halls

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Colorado Advances Wetlands Rules that will Impact Development

By Adam Troutwine and Jacob Levin, Polsinelli. Colorado authorities recently published proposed regulations that will have major implications for construction and development projects that impact state waters. The regulations establish a permitting system for projects that discharge (or have the potential to discharge) dredge and fill material into waters over which the state has jurisdiction.

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Vertix Builders Completes 2 Projects for Advent Health

Vertix Builders, a culture-focused construction company specializing in healthcare projects, recently completed two projects for Advent Health in Castle Rock: the Musculoskeletal (MSK)/Ortho Center and the Outpatient Surgery Center (OSC) Operating Room. The Castle Rock Adventist MSK/Ortho Center was a tenant improvement project for 16,400 square feet of shell space on the second floor of the Schrader

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Local Real Estate Investment Firm Adds 13 Properties to Portfolio

Spartan Investment Group (Spartan), a Golden-based privately held real estate investment firm specializing in the self-storage industry, is closing 2024 having raised $100 million in capital. The capital raise fueled the firm’s robust acquisition activity across the country — adding 13 new properties and six new markets to its self-storage portfolio. Spartan CIO, president and

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Pinnacle Mergers & Acquisitions Facilitate Sale of Groove Toyota 

Pinnacle Mergers & Acquisitions, the industry-leading auto dealership brokerage firm, has announced the successful sale of Groove Toyota (5460 S Broadway, Englewood) owned by Summit Automotive Partners, to Larry Van Tuyl of VT Companies. Under its new ownership, the dealership will retain the Groove name. This transaction marks Larry Van Tuyl’s first dealership acquisition in Colorado, adding to his expansive

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