OZ Architecture Designs WellAge Greeley Senior Living Community
Award-winning national architecture and design firm OZ Architecture has designed a new 71,000-square-foot senior living community in Greeley. OZ was selected for the architecture and interior design of the 92-unit community by Rocky Mountain Senior Housing, a leading developer of senior living communities. The Lodge at Greeley will be operated …
Black Creek Group Sells its $4B Portfolio to Prologis
Industrial Property Trust Inc. (IPT) — Denver-based Black Creek Group’s sponsored investment fund — has closed on the sale of its wholly-owned real estate portfolio to affiliates of Prologis, Inc., in a deal valued at $4 billion. The transaction consisted of 236 properties located across 24 geographic areas and 37.5 million square feet …
Six Parcels of Land Sell in Castle Rock for $3.6M
Greenwood Development Group, a local investor/developer has purchased Dawson Ridge and Westfield Trade Center — six parcels of land consisting of 382 total acres located in Castle Rock at the future junction of Crystal Valley Parkway and I-25. Established in 1986, the 280.7 acres sold as part of Dawson Ridge include multiple infrastructure …
Denver-based Development Firm Acquires Building Occupied by Turin Bicycles
A Denver-based entity of real estate development firm St. Charles Town Company has completed the purchase of a 15,164-square-foot retail building at 7th Avenue and Lincoln Street in Denver. The property has been home to Turin Bicycles for nearly 30 years and will continue to be their home. “We love …
New Apartments to Break Ground at 1,100-acre Mixed-use Community in Broomfield
Colorado-based real estate investor and developer, McWhinney, will break ground in early 2020 on Park 40, a new multifamily development consisting of 313 apartment homes at Baseline, the new 1,100-acre mixed-use community in Broomfield. Part of West Village at Baseline, situated at Highway 7/Baseline Road and I-25, Park 40 plans to feature 51 studio apartments, …
Denver Adopts Tall Mass Timber Codes
On December 23, the City of Denver voted to adopt the 2019 Denver Building Code, which includes the tall mass timber code provisions approved for the 2021 International Building Code (IBC). As part of the adoption of the new code, there will be a four-month period where new projects can …
Medical Space in Colorado Springs Sells for $1.5M
Woodlands Exchange, a 13,350-square-foot medical building in Teller County, within the Colorado Springs MSA, in the affluent and rapidly expanding city of Woodland Park, Colorado Springs, has sold for $1,525,000. Located at 509 S Scott Avenue, Woodland Exchange was recently constructed in 2006 and has been meticulously maintained. The property experiences excellent visibility to more …
Q&A with Dontae Latson, CEO of Rocky Mountain Communities
Dontae Latson joined Rocky Mountain Communities (RMC) as the chief executive officer in July 2019. Dontae is a servant leader with more than 20 years of experience and 15 years as an executive leader in the human services arena. Founded in 1992, RMC owns and operates 1,032 affordable apartments throughout Colorado, …
Orthopedic Center Tops Out in Wyoming
Colorado-based Vertix Builders recently celebrated the topping out of a new 21,000-square-foot surgery center and physical therapy building in Laramie, Wyoming. The new building is being built on behalf of Premier Bone and Joint, an orthopedic group serving patients throughout the state of Wyoming as well as athletes from the …
10 Acres Sells in Prime Highlands Ranch Neighborhood
10.37 acres of vacant land in Highlands Ranch has sold to Diocese of Colorado Springs, a Roman Catholic Church group. Avison Young Principal Rick Egitto, CCIM, and Sam Crowe, an associate, based in Avison Young’s Denver office, represented the seller, the Diocese of Colorado Springs, in the sale of this parcel located immediately east of …