milehighcre, Author at Mile High CRE

ARA Newmark Arranges Sale of Value-Add Complex in Under-Served Castle Rock Market

Leave a Comment / Brokerage, Multifamily / milehighcre

Castle Rock, CO – ARA, A Newmark Company (ARA Newmark) announces the $23.8 million sale of Rolling Hills located at 1129 South Eaton Circle, in Castle Rock, Colorado. Vice Chairmen, Shane Ozment, Terrance Hunt, Jeff Hawks and Doug Andrews represented the seller, Virtú Investments (Virtú), in the 186-unit, value-add sale. Virtú, a multihousing investment firm

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The New York Times features Denver’s Union Station

Leave a Comment / Hospitality / milehighcre

Denver finds itself in the spotlight once again; this time courtesy of The New York Times. Today’s article, “Denver’s Vintage Train Station Gets (Another) Update” highlights the opening of the RTD Train to DIA, the Great Hall, and the Crawford Hotel. Photo courtesy of Business Rewritten

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Stonebridge Companies’ Developing Residence Inn in Boulder

Leave a Comment / Architecture, Construction, Development, Hospitality / milehighcre

Denver, CO — Stonebridge Companies is pleased to announce the development of a Residence Inn in Boulder, Colorado. Construction on the project, located at 2550 Canyon Boulevard, adjacent to Village Shopping Center, began recently and the hotel is anticipated to open late 2017. Boulder has experienced significant employment growth and the area is in need

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JLL Bolsters Multifamily Financing Expertise in Denver

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Denver, CO – Amidst an increasingly competitive multifamily finance environment, JLL anticipates Government-Sponsored Enterprise (GSEs) lending volumes may eclipse $100 billion in 2016, with plenty of activity from the FHA, banks and life companies as well. In response, JLL announced yesterday, April 25th, that Alex Buecking has joined the firm’s Capital Markets platform in Denver.

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E-Commerce Driving Industrial Commercial Real Estate Industry

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View here Amazon is set to open their first major hub in Colorado, occupying 452,400 SF of industrial warehouse space of the Majestic Commercenter in Aurora. Majestic Realty Co. expanded the business park with the acquisition of 530 acres back in November of 2015. Majestic Commercenter currently offers 3.5 million SF of industrial space with the capacity

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CBRE Completes $3.95 Million Sale of Centennial Retail Center

Leave a Comment / Brokerage, Retail / milehighcre

Denver, CO – CBRE Group, Inc., recently announced the $3.95 million sale of the retail center located at 8006 East Arapahoe Road in Centennial, Colorado. BS Property Investments of Denver purchased the 14,121-square-foot, seven-tenant property in a sale that closed April 1, 2016. Matthew Henrichs and Brad Lyons, both of CBRE’s Denver Retail Investment Properties,

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Three Denver-Area Hotels Sold by Marcus & Millichap

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Denver, CO – Marcus & Millichap has arranged the sale of three Marriott Fairfield Inn & Suites hotels in the Denver area. The portfolio contains a total of 225 rooms. “The hotels are all located in stable submarkets within the Denver metropolitan statistical area (MSA), which is one of the top-performing hospitality markets in the country,”

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Turner Construction Begins Renovations to the Helen G. Bonfils Theatre Complex

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Denver, CO – Turner Construction’s Special Projects Division has begun renovation to the Helen G. Bonfils Theatre Complex for the Denver Center for the Performing Arts (DCPA). Designed by Semple Brown Design, phase one includes the renovation of the existing (1985) 532 seat two-level in-the-round Space Theatre, associated backstage support areas, and public restrooms servicing

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Monroe & Newell Engineers Growing with 4 New Staff Members

Leave a Comment / Engineering, Profiles / milehighcre

Denver, CO – Monroe & Newell Engineers Inc. announced the following staff additions: Will Gillis, PE, project engineer; Kyle Jackson, engineer; Sheri Nichols, PE, project engineer; and Cheryl Huffman, AudoCAD operator. The firm is in its 25th year of serving clients throughout Colorado. The new staff additions support the rapid growth of the firm’s portfolio of structural

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$13 Million Sale of Creekside Shopping Center Latest Positive Sign for West Colfax Retail Market

Leave a Comment / Brokerage, Retail / milehighcre

Denver, CO – CBRE Group, Inc., recently announced the $13 million sale of the Creekside on Colfax retail center located at 1692 Wadsworth Boulevard and 7475, 7355 and 7205 West Colfax Avenue in Lakewood, Colorado. Brown and Associates of Westminster, Colorado, purchased the 43,863-square-foot multi-tenant center, which is shadow anchored by a national grocery and discount

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Author name: milehighcre