DevelopmentProperty Management

Denver Property Management Company Surpasses 1M SF in Assets

ColeTaylor, a Denver-based commercial property management company known for providing exceptional service and cultivating strong owner and tenant relationships, has added six buildings totaling nearly 420,000 square feet to its property management portfolio. Following a string of recently formed property management partnerships that include the 111,744-square-foot LEED Gold-certified One Union Station …

READ MORE →
CondominiumDevelopment

450 Condos and Townhomes to be Built at Centerra

Building upon its existing footprint in Centerra, Landmark Homes has purchased 450 homesites at McWhinney’s Centerra master-planned community in Loveland. Landmark plans to deliver townhomes and condominiums in The Lakes at Centerra neighborhood. Landmark plans to break ground in spring 2020 to provide northern Colorado residents with a more diversified and affordable selection of …

READ MORE →
BrokerageDevelopmentIndustrialLand Sales

30 Acres in Commerce City Sells to Chicago-based Industrial Outdoor Ventures

Chicago-based Industrial Outdoor Ventures (IOV) has closed on two land sale transactions in the Denver metro area, totaling approximately 30 acres. Located at 10600 Havana Street and 8780 E. 93rd Place in Commerce City, both sites will be developed into industrial buildings with outdoor storage. Newmark Knight Frank’s (NKF) Mike …

READ MORE →
DevelopmentFeatureIndustrialRenovation

Conscience Bay Co. Unveils Adaptive Reuse Plans for The Denver Shops

By Katie Rapone, editor of Mile High CRE. As the subject of last years Rocky Mountain Real Estate Challenge, The Denver Shops, a 40-acre industrial site located at the crossroads of I-25 and I-70 in the Globeville neighborhood, has much of the CRE community eager to find out what will become …

READ MORE →
ArchitectureConstructionDevelopment

City Council Approves $195M Great Hall Contract with Hensel Phelps

Last night, the Denver City Council approved a new contract for the DIA Great Hall Renovation Project. The council approved a contract with Hensel Phelps Construction Company for $195 million through 12-31-21 to provide construction management and general contracting. Phase I of the Great Hall Project is scheduled to begin again …

READ MORE →
ConstructionDevelopment

Construction of Observatory Row Townhomes Nears Completion

As Observatory Row, the new row homes in Denver’s Observatory Park neighborhood, continues to welcome new residents, construction of the development’s fifth and final building will be complete in May. Some of the construction work that is currently wrapping-up includes framing and window installation and the rough-in of mechanical, electrical …

READ MORE →
DevelopmentReportsRetail

In-Migration and Retail Sales Boosting Self-Storage

Marcus and Millichap’s Self-Storage Investment Forecast report details how demand for self-storage will be bolstered by elevated net in-migration and above-average retail sales growth in 2020. In-migration to Denver has remained high since a cycle-high 40,500 residents moved in during 2015. An additional 22,260 people will move in during 2020. The prominent …

READ MORE →
DevelopmentIndustrial

Amazon to Build Huge Distribution Center at Colorado Springs Airport

According to the Gazette, Amazon will build a 4-million-square-foot distribution center at the Colorado Springs Airport business park. Amazon reportedly paid $6.33 million to Colorado Springs for 69.2 acres at the airports Peak Innovation Park. Plans filed with the city by developer Trammell Crow call for five stories of office, warehouse …

READ MORE →
BrokerageDevelopmentIndustrial

Brand-New Industrial Center in Broomfield Sells for $47.8M

Interpark Industrial Center, a two-building, 239,816-square-foot property located at 11325 Main Street and 11380 Reed Way in Broomfield sold for $47.8 million on Feb 6. to Stockbridge Real Estate of San Francisco. Tyler Carner, Jeremy Ballenger, Jim Bolt, Jessica Ostermick and Frank Kelley with CBRE’s Denver offices along with Jeremy Kroner of CBRE’s …

READ MORE →
BrokerageDevelopmentHospitality

Slim Chickens Purchases Lot at Victory Ridge in Colorado Springs

Fast-casual restaurant chain Slim Chickens is opening its first location in the Colorado Springs market at Victory Ridge, the 153-acre mixed-use development located off Interstate 25 and Interquest Parkway. Whitney Johnson, Patrick Kerscher and Jon Weisiger with CBRE are marketing Victory Ridge for retail opportunities and represented the developer, Westside Investment Partners, in the property …

READ MORE →