AIA Colorado Event Banner July 2019

Headline News

U.S.-Mexico partnership pays $56.5 million for former Post site

A partnership that views Denver as an international destination paid $56.5 million for a high-profile, 41-acre transit-oriented development site in Denver. The Fox North property at 4400 Fox St. houses the 320,000-square-foot former Denver Post printing facility. Vita Fox North LP, a partnership of Pure Development of Indianapolis and Mexico City-based Interland, bought the property from longtime owners Woodspear Properties and Ascendant Development Corp. “For us, Denver is at the forefront of international development,” said Pure Development Principal Tyler Morris. “We’re really excited to be part of what Denver has already done, be additive to that and do something exciting there on the site at Fox North.” “Located one block from the Fox Street RTD station and one stop away from Union Station, the site is one of the largest and most exciting urban TOD sites in the metro area,” said Eric Roth, CBRE senior vice president. “We are confident that the new ownership will be strategic in their vision to create placemaking and ultimately a special project,” said Roth, who represented the sellers with CBRE’s Martin Roth.

Jill Jamieson-Nichols

August 22, 2019

Copperleaf Place lures private investors, sells for $21.83M

A California investor beat out the competition to acquire a newly completed Fort Collins apartment community for $21.83 million, or $232,181 per unit. Warm Springs Holdings LLC bought Copperleaf Place from a Brinkman affiliate that developed the apartments in 2018. The 94-unit property is located at 3425 S. Shield St. in southwestern Fort Collins. David…

Jill Jamieson-Nichols

August 22, 2019

Etkin Johnson snags tenant for 136,610-sf spec building

Etkin Johnson Real Estate Partners signed a tenant for a new 136,610-square-foot speculative industrial/flex building at Louisville Corporate Campus, prompting construction of a second building in the campus. Charlotte’s Web Holdings Inc., a cannabidiol products company, signed a 10-year lease for 700 Tech Court. Dawn McCombs and Justin Rayburn of Avison Young represented the tenant.…

Jill Jamieson-Nichols

August 22, 2019

Who’s News

    R&R names Todd Smith as executive vice president

    Todd Smith, PE, LEED AP, was appointed as executive vice president of R&R Engineers-Surveyors Inc.

    Jennifer Hayes

    August 19, 2019

    Pauley joins Galloway & Company Inc.

    Chris Pauley, PE, CFM, joined Galloway & Company Inc. to lead the expansion of its water resource management capabilities.

    CREJ

    August 11, 2019

    Cushman & Wakefield welcomes new finance team

    Cushman & Wakefield welcomed Baxter Fain, Christina Grimme, Ryan Zikas and Colby Hoagland to the firm’s downtown Denver office as the Capital Markets Equity, Debt & Structured Finance team. Fain, an industry veteran with over 25 years of experience in commercial real estate, joins the firm as executive managing director in Capital Markets with a…

    CREJ

    August 5, 2019

    Wicks joins Maxwell Builders as project engineer

    Maxwell Builders hired Keith Wicks as a project engineer for its Denver office.

    CREJ

    July 28, 2019

    Ault joins Perkins+Will as design director

    Robin Ault, AIA, LEED AP, joined Perkins + Will as design director. As the most senior design position at the firm, the design director is responsible for leading and overseeing all design work; collaborating with in-house teams and clients; and ensuring clients have access to the firm’s broader resources.  Under Ault’s design leadership, the Denver…

    Jennifer Hayes

    July 20, 2019

Subscriber Content


Building Dialogue

Trends in Student Housing Programming, Design

In recent years, student housing development has been on the rise as a top priority at universities throughout the country – especially with the growing momentum of public-private partnerships (P3) for the building type. The university’s vision, mission and values are essential to consider when thinking about the program, design and long-term goals for these…

Building Dialogue

August 19, 2019

CREJ Quarterlies

Denver apts.: Climate change or just weather?

Jeff DeHartyVice President, producerNorthMarq Planning is paramount in developing strategic initiatives, increasing flexibility and reducing risk across all businesses and industries, including multifamily. As we pass the midyear milestone, reflecting on the multifamily market is a worthwhile endeavor for all developers, investors and lenders as they plan their next moves. With this in mind, our…

CREJ

August 22, 2019

The impact of mill levies on property value

Developers from out of state, namely Texas, where real estate taxes are much higher, typically are pleased to see how low taxes are in Colorado.

CREJ

August 21, 2019

Springs’ booming economy impacts apartment market

Colorado Springs rewrites the rulebook on millennial appeal, creating a reputation as a hot spot for young professionals seeking a higher quality of life.

CREJ

August 18, 2019

Are we there yet? Denver’s multifamily market

Denver (and most of the country) is coming up on 10 years of continued economic expansion.

CREJ

August 18, 2019

Housing crisis motivates innovative, new approaches

A recent report by ATTOM Data Solutions announced Denver as the worst county for home affordability in the United States, as a percentage of income necessary to afford a median-priced home relative to historic averages.

CREJ

August 18, 2019

So, you want to be a mixed-use developer?

As the population grows and land gets more expensive to develop, mixed-use projects are going to be the means of new development in the future.

CREJ

August 9, 2019