Leading U.S. Real Estate Companies Form Joint Venture to Develop Paradigm River North
One of the most anticipated new office developments in Denver’s RiNo, Paradigm River North, is expected to break ground later this month. The 200,000-square-foot office building, also known as 3400 Walnut Street, is anticipated to be complete in early 2024. Jordon Perlmutter & Co.and Rockefeller Group have formed a joint venture …
Two Denver Investment Firms Purchase Mixed-Use Property in Denver’s Berkley Neighborhood
In an off-market sale, Denver-based real estate investment firms Strat Ventures and Zeme Capital have acquired Lyric No. 39, a newly-built, six-story mixed-use development in Denver’s Berkeley neighborhood, from developer Alpine Investments. The $20.4 million purchase marks the first partnership between the firms and Strat Ventures’ fourth and largest investment in …
Construction Begins on MOB and Two Retail Buildings at Nine Mile Corner in Erie
Evergreen Devco, Inc., a leading retail and multifamily development company, recently broke ground on a UCHealth medical office building and a pair of multi-tenant retail buildings at the Nine Mile Corner mixed-use project in Erie, Colorado. Waner Construction Co., Inc., is the general contractor for all three buildings and G3 …
Denver-Based Choice Market to Launch Mini-Market on Anschutz Medical Campus
Denver-based Choice Market and Health Hospitality Partners (HHP), based in St. Louis, will bring the first retail market in a healthcare setting to the University of Colorado Anschutz Medical Campus. The mini-market and specialty kitchen will be geared toward on-the-go healthcare workers, students, faculty, and staff. “We couldn’t be more excited to …
Six-Building Multifamily Project Planned for Basalt, Colorado
Development firms Lang Partners and Realty Capital Residential have secured $54.5 million in financing for the construction of Tree Farm Lofts, a 196-unit, six-building multi-housing community in Basalt, Colorado. With a completion date of July 2024, the property will be wood-framed construction on a concrete post-tension slab foundation consisting of …
National Law Firm Signs Lease at Block 162
Michael Best & Friedrich LLP, a national law firm with more than 400 attorneys and legal professionals across 19 offices, has signed an office lease at Block 162. The law firm, with a Denver team of approximately 40 employees, will occupy 15,095 square feet on level 20 of the building, …
New Mixed-Use Residential Development Coming to Fitzsimons Village Master Plan
The development team of Uplands Real Estate Partners, The Max Collaborative, and Wynne Yasmer Real Estate are planning to deliver a new mixed-use residential development located within Fitzsimons Village, across from the Anschutz Medical Campus in Aurora. The Broadleaf will include 370 residential apartments and more than 9,000 square feet of …
Holiday Gift Returns Expected to Stress Supply Chain
More stress for retailers and the already strained supply chain may be ahead as e-commerce returns are expected to sustain high volumes following the holiday season, according to a new report from CBRE in partnership with Optoro, a provider of returns technology and services for processing retail returns. According to …
A Year in Review: Project Retrospectives and a New Frontier Ahead
By Celeste Tanner, co-founder and chief development officer at Confluent Development 2021 was a year like no other. On the heels of a global pandemic, communities and businesses encountered unprecedented challenges, but also unique opportunities. Against the odds, Denver’s real estate community was one that not only survived, but thrived in …
Historic Union Pacific Building at Coors Field Sells for $25.5M
Dallas-based L&B Realty Acquisitions, LLC has purchased the historic Union Pacific Building at Coors Field in downtown Denver for $25.5 million. Located outside the third base gate of Coors Field, the 36,441-square-foot retail building was 100 percent leased with key tenants including the Denver Chophouse and Old Chicago. The seller was Thermo …
