Majestic Commercenter Lease Agreements Total 420,000 SF, Push Vacancy to 4%

Five lease agreements secured over the past 60 days, including one renewal and four new tenants totaling 420,000 square feet, continue to push occupancy at the Majestic Commercenter (MCC) to near capacity. With low inventory levels, Majestic Realty Co. has initiated the next phase of new construction at the business …

Affordable HousingArchitectureConstructionDevelopmentEventsMultifamily

Ribbon-Cutting: Eight-Story Affordable Housing Project in West Denver

On March 26, Mile High Development, Brinshore Development, JOHNSON NATHAN STROHE (JNS), Alliance Construction Solutions (ACS) and Urban Land Conservancy held a ribbon-cutting event for the completion of Sheridan Station Apartments, an eight-story affordable housing project in West Denver. Adjacent to the RTD W Line at 13th and Sheridan, the $41 million development …


405-Unit Apartment Community Planned for Colfax Avenue Corridor

Marking the company’s first investment in the Denver market, North Carolina-based Grubb Properties will add essential housing to the City of Aurora by developing a 405-unit apartment project, called Link Apartments® Fitz, at the southwest corner of East Colfax Avenue and Peoria Street. Construction on the project is expected to begin in June. …


Peak Innovation Park in Colorado Springs Secures $45M Financing

D.A. Davidson & Co. an employee-owned financial services firm with an office in Denver, has sold approximately $45 million of limited tax general obligation senior and subordinate bonds for the continued development of Peak Innovation Park, a 900-acre commercial development located at the entrance to the Colorado Springs Airport. The financings will …


Sprouts Farmers Market Opens Distribution Center in Aurora

In an effort to increase the availability of its freshest, highest-quality produce, Sprouts Farmers Market has opened a new 135,000-square-foot distribution center in Aurora, marking its first center in Colorado and its sixth nationwide. The new facility, located near the Tower Road-Interstate 70 interchange, will provide more opportunities for Colorado growers and producers to …

CRE PeopleDevelopmentMultifamily

Mission Rock Residential Announces Major Executive Promotions

Denver-based national multifamily property management firm Mission Rock Residential has announced a significant set of leadership promotions, as the high-growth company approaches its 9th year in operation. The leadership role changes, planned since the company’s launch, are a direct result of the company’s rapid success and execution of succession plans. This …


Implementing Building Safety at Every Step

By Matt Ogle, Senior Safety Manager, JE Dunn Construction Construction is a leading industry for worker injuries, a reality that top construction firms work tirelessly to change. In a rather dangerous industry, how do we effectively address worker safety and act proactively in a way that aims to minimize risk? …


Denver-based Builder Leads New South Federal Multifamily Project

Sustainable Design Build, a Denver-based full-service design-build company, is currently designing a new three-story multi-family apartment development at 2720 South Federal Blvd in Denver, for a local ownership group. Currently, the local company is traversing the City of Denver Planning and Development process. Building plans are scheduled to be submitted …


KTGY Wins Design Award for The Met at Boulevard One in Denver 

KTGY, a leading full-service architecture, branding, interior and planning firm focused on residential, hospitality and mixed-use developments and neighborhood revitalization, has earned 13 prestigious awards including one Platinum and seven Gold awards at three recent National Association of Home Builders’ (NAHB) virtual awards events: Best in American Living Awards, Multifamily Pillars …


Construction Financing Secured for Cold Storage Development in Brighton

CBRE has secured a $35.4 million loan to fund the ground-up construction of a 247,000-square-foot Class A cold storage development in Brighton. The industrial refrigerated development is part built-to-suit and part speculative build. Illinois-based Karis Cold developed the facility and has pre-leased 167,300 square feet. The facility is located at 189 …