milehighcre, Author at Mile High CRE

Vertix Builders Celebrates the Opening of Durango MOB

Construction, Development, Healthcare / milehighcre

Vertix Builders, a culture-focused construction company specializing in healthcare projects, has announced the successful completion of the new Mercy Medical Office Building and USPI Durango Surgery Center next to Mercy Hospital in Durango. The company celebrated the opening of the facility on July 15, along with doctors and staff. The team included Welltower, MedCraft, Boulder Associates, e4h, and

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Largest High Density Modular Housing Project Sets Record In Denver

Construction, Development, Multifamily / milehighcre

Farrington Construction Management has completed West Holden Place, the largest high-density modular construction housing project in the City of Denver. Located in the Sun Valley neighborhood, West Holden Place is a six-story, 77-unit multifamily development that offers attainable rental housing for households earning 80–120% AMI. The development features 1- and 2-bedroom units ranging from 500–1,000

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Phase II at Hub Arapahoe Breaks Ground

Architecture, Construction, Development, Industrial / milehighcre

Jordon Perlmutter & Co. has announced the groundbreaking of Phase II at Hub Arapahoe, marking the next chapter in the development of the premier 22-acre, 304,172-square-foot, Class A industrial campus located 1.5 miles east of I-25 at Arapahoe Road in Centennial. Anchoring this milestone is a new lease agreement with Pacific Office Automation, a leading provider of

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Recovery Visible in Downtown Denver’s Office Market

Brokerage, Development, Feature, Office, Reports / milehighcre

According to CBRE’s Q2 Denver Downtown Office Figures, encouraging market signals suggest that the downtown office market is slowly progressing toward recovery, as more occupiers commit to long-term leases and a slowdown in new development sets the stage for stabilizing vacancy rates. Though the total vacancy rate still rose by 90 bps quarter-over-quarter and 150

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Boutique Condos Starting at $450K Launch in Cherry Creek

Condominium, Construction, Development / milehighcre

The Residences At 135 Adams, a limited collection of for-sale condominium residences in the heart of Cherry Creek, today announced the availability of its first two upper-level homes. Located at 135 Adams St., The Residences At 135 Adams represents a rare and compelling opportunity for ownership in one of Denver’s most sought-after and walkable neighborhoods.

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Koelbel Acquires First Project in Arizona

Brokerage, Development, Office / milehighcre

Colorado-based Koelbel and Company is continuing its national expansion with the recent purchase of the high-profile Camelback Collective office building—the company’s first property in the Phoenix metro area. Koelbel purchased the property at a steep discount for $48,250,000. In 2022, the property sold for $66.3 million and it cost about $80 million to develop. “We’ve seen firsthand how

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CHFA Announces Partnership to Help Tenants Build Credit

Affordable Housing, Multifamily, Rent / milehighcre

Colorado Housing and Finance Authority (CHFA) has partnered with Esusu, Inc.—a leading financial technology company leveraging positive rent reporting for credit building—to sponsor rent reporting services for tenants living in CHFA-supported properties. This new partnership builds on the success of the Rent Reporting for Credit Pilot Program administered by CHFA between 2021-2024. The initial pilot

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Reed Smith Signs 30,644 SF Lease at 1900 Lawrence

2 Comments / Development, Law, Office / milehighcre

Riverside Investment & Development (Riverside) has signed global law firm Reed Smith to a long-term, 30,644-square-foot lease for the 28th floor at 1900 Lawrence in Denver. Reed Smith will make the move from 1400 Wewatta St., where it has 19,000 square feet, when the lease commences in July 2026. The deal comes fresh on the

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A Year of Impact: 2024 Climate Action Report

Energy, Reports, Sustainability / milehighcre

Denver’s Office of Climate Action, Sustainability and Resiliency (CASR) has published its 2024 Annual Report. It highlights progress in reducing pollution and building resilience as our city grows hotter and drier. Thanks to the Climate Protection Fund, a dedicated sales tax providing over $40 million annually, more than 60% of 2024 investments supported communities most affected

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CIG Adds 565 Units to Growing Portfolio

Development, Investment, Multifamily / milehighcre

Consolidated Investment Group (CIG), a Denver-based leading-edge real estate investment company managing a large commercial portfolio, recently added apartment communities in the Denver and Dallas metro areas. The company now has more than 7,850 apartment units in its growing portfolio. The Denver community is Aura Colliers Hill (which will be rebranded by CIG), located in Erie, CO,

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Author name: milehighcre