milehighcre, Author at Mile High CRE

Mortenson Construction Breaks Ground on Civic Center Station Renovation

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Denver, CO – Mortenson Construction broke ground on Civic Center Station on Thursday, July 7, marking the start of a $26M renovation project that was approved by Denver’s Regional Transportation District (RTD) in March. The architect for the project is SEH. The renovations will include a new structure that is easier to maintain and repair, a […]

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Aaron’s and Family Dollar on Sheridan Blvd. Sell for Over $2M

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Denver, CO – On July 1, Pinnacle Real Estate Advisors, LLC. announced the sale of two net leased properties on Sheridan Blvd. in Denver for $2,046,154. The Aaron’s and Family Dollar that were purchased were built in 1999. Cody Stambaugh, Matt Ritter, Jeff Johnson and Peter Sengelmann with the Johnson Ritter Team assisted both the seller

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Stephanie Adams-Ball Named President-Elect of NCAC

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Denver, CO – Stephanie Adams-Ball, Associate Principal and Vice President of D.L. Adams Associates (DLAA), was recently elected to the prestigious National Council of Acoustical Consultants (NCAC) 2016-2018 Board of Directors as their President-Elect. She is the first female President-Elect in NCAC’s 54-year history. DLAA, a consulting and design services firm for acoustics, performing arts and

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Capital One Café to Become Newest Tenant of Denver’s Triangle Building

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Denver, CO – Capital One Café is a new banking concept offering café-style service along with ambassadors to assist with banking needs and will open at The Triangle Building in Fall 2016. The announcement was made on July 5 by East West Partners and the co-master developers of the Union Station neighborhood. The Triangle Building is nearly at full

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CBRE Completes Sale of Westminster Center

Leave a Comment / Brokerage, Office / milehighcre

Westminster, CO – CBRE Group, Inc., announced today the sale of the Westminster Center, a 120,132 square foot office campus in Westminster Colorado, was sold on June 3 by Geoff Baukol, Executive Vice President of CBRE Capital Markets. The two-building, fully leased space was purchased by Capri EGM, a Chicago-based real estate investment firm. “The property offers

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HFF secures $9.6M in financing for The Bindery on Blake in Denver’s RiNo District

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Denver, CO – Holliday Fenoglio Fowler, L.P. (HFF) recently announced that it has secured $9.6 million in financing for The Bindery on Blake, a two-building mixed-use project that co-mingles office, artistry, brewery, cidery and dining in the River North (RiNo) District of downtown Denver. HFF worked on behalf of the borrower, Danielsen Investments, LLC, to

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WSJ includes Denver as More Expensive City for Renters in Latest Report

Leave a Comment / Multifamily, Profiles / milehighcre

View here The Wall Street Journal reported on how rising rents are outpacing income. According to an analysis of U.S. Census data released by Apartment List, a rental listing website, inflation-adjusted rents have risen by 64% since 1960, but real household incomes have only increased by 18% during that same time period. Denver was mentioned as one

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Haselden Construction Breaks Ground On New Eastbank PK-8 School

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Glenwood Springs, CO – Earlier this month, Haselden Construction held the ground breaking ceremony for the new, $23 million Eastbank PK-8 School in Glenwood Springs. The event was well attended by the students, staff, and community members who are eager to see the new facility come to fruition. “We’re thrilled to be working with the

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Marcus Millichap Retail Property Denver Tech Center

Retail Property Trades Hands in Denver Tech Center for $5.7M

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Englewood, CO – Marcus & Millichap recently announced the sale of Eddie Merlot’s, a 11,097-square foot retail property located in Englewood, Colorado, according to Richard A. Bird, regional manager of the firm’s Denver office. The asset sold for $5,700,000. The buyer, an exchange buyer, was secured and represented by Bob Kaplan and Brandon Kramer, investments specialists

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Several Multi-family Properties Sold in Aurora, Golden & Lakewood

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Aurora, CO – Pinnacle Real Estate Advisors, LLC is pleased to announce the sale of 1677 Geneva Street located in Aurora, Colorado. This multifamily property has 12 units and was built in 1964. The building is located on Geneva Street, north of Colfax Avenue and west of the Fitzsimons Medical Campus. The property sold on

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