Mile High Dine and Recline: Hampton Inn and Suites by Hilton in Greeley
Greenwood Village-based NexGen Properties, a private real estate acquisition, development, and investment firm focused on underperforming assets or debt instruments, recently completed a $3 million renovation of the 74-key Hampton Inn and Suites by Hilton in Greeley, located at 2350 West 29th Street. Originally built in 2006, the 3-story, 48,980-square-foot …
Multifamily Firm Delivers Resort-Style Living with Views of Pikes Peak
Cortland, a vertically integrated, multifamily real estate investment, development, and management firm, has announced the opening of the first building in a new phase of Cortland Powers North, which will grow the Colorado Springs apartment community from 272 to 450 units. “We are thrilled to begin welcoming new residents as …
Lightwave Logic Expands its Colorado Operations
Lightwave Logic, Inc. a technology platform company, announced the completion of new laboratory production facilities, expanding the corporate facility at 369 Inverness Pkwy, in Englewood by nearly 10,000 square feet for a total of approximately 23,500 square feet to support new commercial activity. According to the Computing Technology Industry Association, Colorado’s tech …
Governor Polis Takes Action to Help Address Colorado’s Housing Challenges
Colorado’s housing supply has not kept pace with population growth. The state has current unmet housing needs of tens of thousands of units and will continue to grow — it is estimated the state will add 1.72 million people by 2050. Nearly one-third of Colorado households spend more than 30 …
Workforce Housing Community Breaks Ground in the Vail Valley
Following several failed attempts by other developers to produce a feasible plan for attainable workforce housing in the Vail Valley, Peritus Ventures has broken ground on Siena Lake, a nearly 600-unit project comprising detached single-family homes as well as multi-level townhomes. With 25 years of experience designing both single- and …
DryBox USA Ground Leases ±4.13 Acres of Industrial Storage Land in Central Denver
Cushman & Wakefield announced that 409 West 66th Avenue, a ±26.7-acre industrial storage yard/trailer site in Central Denver, has completed a long-term ground lease for ±4.13 acres to DryBox USA, a Denver-based shipping and storage container supplier. The property is owned by the joint venture of New York-based IG Logistics …
Brand New Airpark North Industrial Project in Loveland Sells for $8.5M
Airpark North, a brand new Class-A industrial project that was just delivered in August in Loveland, has sold for approximately $8.53 million. The vacant 36,000-square-foot freestanding building located at 6987 Rickenbacker Road was acquired by The Colorado Floor Company, an owner/occupier, that will utilize the entire facility for its operations. …
Gaylord Rockies Announces Phase Two of Multi-Year Investment Plan
Just five years after opening, the Gaylord Rockies Resort & Convention Center has announced a major renovation project that will include reimagining three of its restaurants and the Grand Lodge. The resort will also launch a new dining experience and increase the amount of function space with a new event …
Repurposing Tech Real Estate In Colorado
By Barry DiRaimondo, SteelWave LLC cofounder, CEO & chairman, and Peter Llorente, Steelwave senior managing director of acquisitions and development According to the Computing Technology Industry Association, tech employment in Colorado increased by over 10,000 net new jobs in 2022 and is expected to grow by nearly 9,000 net new tech jobs …
Study Identifies 21 Downtown Denver Office Buildings as Good Candidates for Conversion
On August 16, The City and County of Denver released a study evaluating the compatibility of underutilized office buildings for potential conversion to residential uses. This kind of conversion, also known as adaptive reuse, allows for an existing building to be modified for a new use or purpose. The study, …