Border States Electric signs 82,000-square-foot lease

Colorado Logistics Park is nearly a quarter preleased before its delivery in the coming weeks. Border States Electric, an electrical supplier to construction, industrial and utility customers, leased 82,000 square feet of space at the park in Denver’s northeast industrial submarket – bringing the initial phase to the development along the Interstate 76 corridor at […]

Jennifer Hayes

October 26, 2020

Lofts at Lincoln Station in Lone Tree sells for $30.5M

The Lofts at Lincoln Station sold in a $30.5 million transaction. Boston-based Eaton Vance paid $299,019 per unit for the 102-unit community located at 9375 Station St. in Lone Tree. Griffis/Blessing Inc. sold the four-story building, constructed in 2015. “Lofts at Lincoln Station is a high-quality property located adjacent to an RTD lightrail stop in […]

Jennifer Hayes

October 26, 2020

Integrated project delivery: Hurdles to mainstream popularity

Integrated project delivery has a history of being touted as the logical future of design-build construction. We have seen certain health care providers and higher education institutions working out the kinks of IPD projects for over a decade

CREJ

October 26, 2020

Elsy Studios brings arts-focused design to Bonfils-Stanton Foundation headquarters

Elsy Studios, a Denver-based full-service commercial interior design firm, recently completed Bonfils-Stanton Foundation’s new 2,764-square-foot headquarters at 1033 Santa Fe Drive in Denver.

Kris Oppermann Stern

October 25, 2020

JLL arranges $67M loan for luxury apartment project

JLL Capital Markets arranged a $67 million construction loan for a luxury apartment complex in Denver. Campbell Roche and Eric Tupler of JLL worked on behalf of the borrower, Cypress Real Estate Advisors, to secure the five-year, floating-rate loan. Pacific Western Bank provided the financing. The borrower plans to use the loan to develop The […]

Jenna Walters

October 23, 2020

Hangar facility in Broomfield sells to longtime tenant

A longtime tenant of a hangar facility at the Rocky Mountain Metropolitan Airport purchased the property for $4.8 million. Mountain Aviation Inc. purchased the Rocky Mountain Aviation Facility, a 63,000-square-foot property with office space and a hangar bay, located at 9656 Metro Airport Ave. in Broomfield, from seller B&G Holdings LLC. Iver Retrum of Business […]

Jenna Walters

October 23, 2020

Central Denver apts. trade for $140 million

A joint venture between Urban American and Madison International Realty purchased a “one-of-a-kind” asset – the largest value-add apartment community in central Denver. The partnership paid a reported $140 million, or $304,348 per unit, for the Marquis at the Parkway, a 460-unit multifamily property at 1170 Galapago St. in Denver. “Despite COVID-19-related challenges, the sellers […]

Jennifer Hayes

October 19, 2020

Woodward Inc. trades North Co. assets

A Colorado aerospace manufacturing company swapped industrial properties and will relocate its operations from Loveland to Windsor. Woodward Inc. sold its 209,000-square-foot industrial campus at 3800 Wilson Ave. in Loveland and concurrently acquired the 42,161-sf, Class B industrial property that sits on 10 acres at 753 Champion Drive in Windsor. Southgate One was the seller […]

Jenna Walters

October 19, 2020

Re/Max of Cherry Creek buys office, will relocate next year

After 40 years in business, Re/Max of Cherry Creek has purchased its first office asset with plans to relocate its operations to the property next year. Under the entity name Cherry Tree Ventures LLC, Re/ Max of Cherry Creek and its investment partner, Orange Coast Title, purchased the 6,935-square-foot, Class B office building at 100 […]

Jenna Walters

October 19, 2020

Lift One Lodge submits final approval package to city

HayMax Capital has submitted an application for Detailed Final Approval to the city of Aspen for the ski-in/ ski-out resort and residences known as Lift One Lodge and the redevelopment of the surrounding area. “Throughout the public process we consistently heard from community members that the livelier the new base area is, the better it […]

Jennifer Hayes

October 19, 2020