Community InvolvementInvestmentRetail

Polis Approves Community Revitalization Grant Program

This week, Governor Polis signed into law a stimulus bill from Colorado’s recovery package, which will invest in struggling local economies and accelerate the Colorado Comeback. SB21-252, sponsored by Senate Majority Leader Steve Fenberg and Minority Leader Chris Holbert, creates the Community Revitalization Grant Program to issue grants intended to support …


Global Investment in Warehouse Management Systems Infrastructure for E-Commerce to Exceed $10B in 2030

The COVID-19 pandemic has accelerated explosive growth in e-commerce retail market share. A large ecosystem of warehouse refurbishment management software providers, new as a service companies, and logistics providers are expanding rapidly to meet demand. New and more efficient technologies are available to reduce energy intensity in this area, leading …


Choice Market Debuts at Greystar’s Parq on Speer

Denver-based grocer, Choice Market has officially opened within Greystar’s Parq on Speer, Denver’s luxurious new 16-story mixed use community. The new 5,000-square-foot market, located at 939 Bannock St., features the brand’s proprietary Choice: NOW shopping experience. This omni-channel experience allows guests to step into the future via a fully autonomous grocery shopping …


Revesco Properties Launches Mutual Fund Trust

Revesco (USA) Properties, LP, a focused, nimble and responsive boutique real estate investment and management firm with offices in Denver and Vancouver, has successfully launched Revesco Properties Trust, a U.S. dollar denominated open ended mutual fund trust. The long-term goal of the REIT is to acquire $1 billion of core-plus, value-add, …


Cherry Creek North’s $150M Phased Development to Break Ground

200 Clayton, Cherry Creek’s newest Class A commercial office space by Broe Real Estate Group, will officially break ground in August 2021. The eight story, 76,000-square-foot mixed use project in the heart of Cherry Creek North marks the first phase of Broe’s expansive Clayton Street redevelopment. “200 Clayton is a high-quality, generational asset designed to meet high market demand …

DevelopmentProperty ManagementRenovationRetail

McWhinney Acquires Foothills Mall in Fort Collins

McWhinney, together with its joint venture partner, LA-based Prism Places, has purchased the Foothills mall property in Fort Collins. The partnership’s goal will be to determine what opportunities exist to enhance the center into a thriving destination for the region and fulfill the city’s vision for Foothills. Foothills is a 63-acre …


Retail Portfolio in Northern Colorado Sells for $10.3M

Neighborhood Equities, LLC, has purchased three multi-tenant shopping center properties located in Northern Colorado, for $10.12 million. Combined, the properties total just over 60,000 square feet and include Oakridge Shopping Center in Fort Collins and The Shops at Westwood and Windsor Town Center II, which are both located in Windsor. Avison …


Construction Update: Market Station

Denver-based Continuum Partners is nearing the completion of its $200 million Market Station project in downtown Denver. The Flats and Fourteen45 Residences are now open, as well as the for-lease office. The retail space, which is anticipated to be occupied this summer, will include established national brands, emerging concepts and a small …


ABC Economic Forecast: Back Half of 2021 Should be Spectacular for Economic Growth

By Katie Rapone, editor On Friday May 7, ABC Rocky Mountain Chapter held its in-person/virtual 2021 Economic Forecast with Dr. Basu, MPP, MA, JD, Ph.D., ABC’s chief economist. Dr Basu shared his insight on how the economy has and will impact Colorado’s construction industry, including his forecast for the remainder of the …


Scythian Real Estate Acquires Three Colorado Cannabis Facilities

Scythian Real Estate, a full-service real estate company that specializes in working with sophisticated, well-capitalized cannabis operators, has acquired three Colorado facilities operated by LivWell Enlightened Health, totaling nearly 12,000 square feet. The facilities are located at 19201 E Colfax Ave. in Aurora, 1015 N 2nd St. in Berthoud, and …