Ares Real Estate Group Sells Investment Stake in Gaylord Rockies Resort & Convention Center for $270M
DENVER — Ares Management, L.P. (NYSE: ARES) — a publicly traded, leading global alternative asset manager— has sold its investment stake in the Gaylord Rockies Resort & Convention Center in Aurora for $270 million. Located less than 10 minutes from the DIA and 25 minutes from downtown Denver, the 1,500-room hotel and …
Schnitzer West Forms Joint Venture with John Madden Company
DENVER – Schnitzer West, one of the West Coast’s fastest-growing real estate investment, development and property management companies, has formed a joint venture with Colorado commercial developer John Madden Company, to own and manage a three-building, 726,742 square-foot, 100 percent leased, Class A office portfolio in Greenwood Village. The joint venture includes …
River Mile Project Could Break Ground in 2020
Development of the proposed “River Mile” project on the 17 acres of parking around Elitch Gardens, may start in the next few years, according to Rhys Duggan, president and CEO of Revesco Properties. Revesco owns and plans to redevelop the site where Elitch Gardens currently sits in the Central Platte …
21 New Buildings Join Doors Open Denver
DENVER — The Denver Architecture Foundation (DAF) is gearing up for the 14th annual Doors Open Denver (DOD), the premier event showcasing the richness and history of Denver’s built environment and promoting quality design, that will take place on Saturday, Sept. 22 and Sunday, Sept. 23. The event highlights more than …
Construction Underway for Paul M. Rady School of Computer Science and Engineering
GUNNISON, CO – Construction of the Paul M. Rady School of Computer Science and Engineering at Western State Colorado University began this week on Western’s campus in Gunnison, Colorado. The ultra-modern, state-of-the-art facility will have approximately 75,000 square feet of versatile teaching and lab spaces including cutting-edge instrumentation rooms, faculty offices, and areas designed …
Consumer Products Innovator Secures One of Last Available Warehouses in Boulder
BOULDER — Nite Ize ®, a local manufacturing company known for creating solution-based products, has quietly purchased one of the last available warehouses in Boulder County of its size. Located in the Boulder Tech Center at 6303 West Dry Creek Parkway in Longmont, Nite Ize purchased the 160,000-square-foot property to serve as the …
12-Story Residential Tower Coming to Denver’s Ballpark Neighborhood
DENVER — A new, 12-story residential, mixed-use building in downtown Denver’s Ballpark neighborhood is scheduled for completion in 2020. Property Markets Group, a a premier real estate investment, development and general construction firm headquartered in New York, are new to the Denver market and this development will be the company’s first. …
HFF Announces Refinancing of 16th Street Mall Building
DENVER – Holliday Fenoglio Fowler, L.P. (HFF) recently orchestrated the refinancing for the California Mall building, a 42,890-square-foot, fully leased, multi-tenant urban retail center directly on the 16th Street Mall that houses the only Target in downtown Denver. The HFF team worked on behalf of the borrower, Gart Properties — …
Unico Delivers The Circa Building on Platte Street
By Katie Rapone Developers and dignitaries gathered at 1615 Platte St. on Thursday for a Ribbon Cutting event to celebrate the opening of The Circa Building, a LEED Platinum-certified, 96,000-square-foot Class A office building in Denver. Developer Unico Properties, that currently owns and operates nearly 4 million square feet of commercial properties in …
Land Near Gaylord Rockies Hotel Sold for $45M
Two parcels near the Gaylord Rockies hotel have sold for $45 million, according to Adams County Public Records. 64th Holdings LLC sold to Painted Prairie Owner LLC for $30 million and RRC Development Inc. sold to Painted Prarie Owner Phase I LLC, Painted Prairie for $15 million. Both parcels are …