Author name: milehighcre

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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Brinkmann Constructors Shares New and Completed Projects

Brinkmann Constructors recently completed the construction of a four-story affordable housing community in Denver’s Central Park neighborhood and broke ground on two speculative warehouses on a 169-acre site in Aurora. Northfield Flats, Denver In partnership with Brinshore Development and Mile High Development, Brinkmann completed the construction of Northfield Flats. Consisting of 129 residential units, this

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Landmark Properties Announces Plans for The Mark Fort Collins

Landmark Properties, a fully integrated real estate firm, has closed on the acquisition of a development site in Fort Collins where it plans to build The Mark Fort Collins, a 397-bed student housing community near Colorado State University. Landmark will develop the project in partnership with Silverpeak Real Estate Partners and Peninsula Investments. The acquired parcel

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Data Center and Tech Lead CRE Outlays in 2024

Looking back at CRE in 2024, it was the year of the data center and tech construction. According to the Wells Fargo economics team, “Several pockets of strength are counteracting broader interest rate-driven weakness in nonresidential construction. Data centers are a notable example. Private data center construction rose 2.7% in November, capping off a 43% year-over-year

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Real Capital Solutions Adds Premier Class B+ Office Property in DTC

Real Capital Solutions (RCS), a leading real estate investment firm based out of Louisville, has acquired Belleview Tower, a 12-story, 201,670-square-foot class B+ office building located at 7887 East Belleview Avenue in Denver’s thriving Tech Center (DTC). This $20 million acquisition underscores RCS’s strategy of investing in well-located properties with significant upside potential and was

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