20-Building Portfolio in Fort Collins Trades for $53.5M
Prospect Innovation Campus, a 20-building portfolio of R&D, office and industrial properties in Fort Collins, has sold for $53.5 million to Ogilvie Properties. The Campus is located on 30 acres at the southeast corner of E Prospect Rd and S Timberline Rd., two miles from Colorado State University, three miles …
MOB in Basalt Wins HREI Insights Award
Chicago-based Remedy Medical Properties recently won the 2021 HREI Insights Award for the Best New Medical Office Building of 50,000 to 99,999 square feet. Remedy’s winning project was The Steadman Clinic, a 62,768-square-foot orthopedic care clinic and ambulatory surgery center (ASC) in Basalt, in western Colorado’s Roaring Fork Valley. Peter Westmeyer, …
Hines Pledges to Increase Investment Focus on Life Science Sector
Hines recently outlined its plan to place a larger emphasis on investing in more life sciences sector opportunities. This market outlook is supported by the heightened focus the pandemic has placed on life sciences within the commercial real estate industry. According to CBRE, Denver is the tenth-largest U.S. life sciences market …
Demand for New Lab Space More Than Double Available Supply in Denver
Demand for new life sciences lab space is outpacing speculative construction, according to a new CBRE report on the booming U.S. life sciences market. In the Denver-Boulder area, over 35 tenants are seeking nearly 1.5 million square feet of lab space, compared to a construction pipeline of 635,000 square feet. Voracious …
Vertix Builders Completes X-Ray Replacement Project for Vail Summit Orthopedics and Neurosurgery in Frisco
Vertix Builders, a culture-focused construction company, announced that the company has successfully completed an X-Ray replacement project for Vail Summit Orthopedics and Neurosurgery in Frisco. This latest project continues Vertix’ focus on bringing top-quality healthcare construction services to the mountain communities of Colorado. This specialized X-Ray upgrade included updated lead …
Unico Welcomes Two New Tenants to Cherry Creek North
Unico Properties LLC, a subsidiary of Unico Investment Group LLC that has been acquiring, managing and developing commercial properties in Colorado for more than 15 years, recently secured long-term leases with Mason’s Famous Lobster Rolls and Kindbody at its 2nd and Josephine property in Denver’s Cherry Creek North. “Cherry Creek …
Norvin Healthcare Properties Buys Hospital in Golden
The Post Acute Medical Rehabilitation Hospital, located at 600 Golden Ridge Road in Golden, has sold to Norvin Healthcare Properties, for an undisclosed price. The approximately 60,000-square-foot inpatient rehabilitation facility is fully leased to Post Acute Medical (PAM). PAM is currently completing a $4.25 million renovation of the building, which will …
Grand Opening: Clear Creek County Health & Wellness Center in Idaho Springs
Nearly 100 stakeholders and community members gathered for a ribbon cutting ceremony held on Monday, Oct. 11, for the new Clear Creek County Health & Wellness Center. The project was developed by Clear Creek County, designed by TreanorHL, and constructed by Alliance Construction Solutions. The project received grant funding, as well as additional …
UCHealth Poudre Valley Hospital to Undergo $76.5M Renovation
Integrated design-build firm The Beck Group has started work on its multi-million-dollar renovation of UCHealth Poudre Valley Hospital, a 303-bed regional medical center in Fort Collins. Poudre Valley Hospital is part of Aurora-based UCHealth’s network of healthcare facilities serving parts of Colorado, Nebraska and Wyoming. The hospital’s $76.5 million renovation project …
New MOB to be Developed at New SCL Health Campus in Wheat Ridge
Denver-based national healthcare real estate developer NexCore Group announced today it will break ground on a new Medical Office Building (MOB) in late 2022, on the new SCL Health Lutheran Medical Campus in Wheat Ridge. Clear Creek Crossing will be a five-story, 130,000-square-foot facility that will be the first medical office building on …