Development

A new report from Navigant Research states that global revenue for commercial building automation solution (BAS) products is anticipated to reach more than $44.2 billion by 2029, growing at a compound annual growth rate (CAGR) of 3.2 percent between 2020 and 2029. The commercial BAS market is undergoing large structural change. …

A joint venture between The John Buck Company, Kinship Capital and Element Properties, has secured $29.4 million in construction financing for S’PARK Railyards (Railyards), a 69,263-square-foot Class A office building in Boulder. JLL worked on behalf of a joint venture to secure the five-year, floating-rate construction loan through Wintrust Financial …

Colorado company Gordon Development LLC has sold its 63,550-square-foot industrial property located at 8644 South Peoria in Englewood, for $10 million. 8644 South Peoria is a Class A, multi-tenant industrial building built in 2017 and 100 percent leased to two companies: a manufacturing tenant and Ninja Nation, a leading provider of obstacle course arenas and …

Collegiate Peaks Bank, division of Glacier Bank, has opened a new branch location in the Denver Tech Center at 5450 Greenwood Plaza Blvd., Ste. 100. The bank has moved into the building’s approximately 6,500-square-foot main floor space. The new building was developed by Urban Esprit, a Colorado homebuilder since 1989. That company will occupy …

In response to the Coronavirus pandemic, Denver-based Small Giants — a full-service marketing and business development agency for architecture, engineering, construction, and commercial real estate companies — today launches AECREConnect.com, an interactive new website that will serve as a central hub of information to help the Commercial Real Estate industry navigate these uncertain …

Encore Electric has won a 2020 Associated General Contractors (AGC) Construction Risk Partners Build America Award in the category of Specialty Contractor, for their work on the Gaylord of the Rockies Resort in Aurora. This is the first national project award Encore Electric has received from the National Associated General …

Plans for the massive redevelopment of Elitch Gardens Theme and Water Park took a major step forward today as JLL Capital Markets announced it has arranged $124.6 million in refinancing for the park on behalf of the borrower, a partnership of Kroenke Sports and Entertainment (KSE) and Revesco Properties. Loan proceeds will be …

This year Howell Construction celebrates its 85th anniversary. James Robert Howell founded the firm in Denver during the Great Depression in 1935. He was deeply committed to thriving and growing in any economic situation. The firm has continued his legacy through his philosophy of creating client-for-life relationships, never outstretching company resources, and principal involvement from …

CBRE has been awarded the exclusive leasing assignment for HighPoint Logistics Park, a 2.2 million-square-foot Class A industrial park currently in development at E-470 and 64th Avenue in Aurora. Daniel Close, Todd Witty, Tyler Carner, and Jeremy Ballenger with CBRE’s Industrial & Logistics practice in Denver are marketing the property.  …

Madison Commercial Properties, a full-service commercial real estate company based in Denver, has announced the sale of 6762 Fig Street, Arvada. The vacant light industrial parcel, consisting of 2.10 acres, sold on March 9, for $640,000 or $7.00 per square foot. The parcel part of the well-established Parkway Center Business Park and will …