Denver
Kaiser Permanente Opens New IT Center in Greenwood Village
Officials from the Metro Denver business community and Kaiser Permanente executives gathered for the grand opening of the health care provider’s new information technology center in Greenwood Village.
Artis REIT Acquires Class A Office Building in Denver
Artis Real Estate Investment Trust has recently announced it has entered into an unconditional agreement to acquire a Class A trophy office building in Denver, Colorado. Known as 161 Inverness, the six-story office building was built in 1997 and features numerous tenant amenities, including 1,454 parking stalls for a ratio of 6 stalls per 1,000 square feet of leasable area.
Low-Income Families to Receive Solar Power Through New Program
Carbondale, Colorado-based Clean Energy Collective has recently announced the launch of a new program that will give low-income residents in Denver, Colorado access to locally-produced clean energy. Following a new partnership agreement between solar garden developer Clean Energy Collective (CEC) and the Housing Authority of the City and County of Denver (DHA), the new Community Solar Low-Income Residential Program will see CEC devoting a part of the power produced by three community solar facilities serving Xcel Energy’s Denver County customers offset the electrical bills for around 35 families living in the DHA facilities.
Harbert United States Real Estate Fund V and ColRich Investments Close on Conifer Creek Apartments
Harbert United States Real Estate Fund V L.P. together with ColRich Investments recently announced they have closed on the acquisition of a 480-unity multi-family community in Denver, Colorado.
Construction on New Multi-Specialty Center in Lone Tree Completed
Kaiser Permanente Colorado, one of the largest nonprofit health plans, recently announced that it has completed construction on its new multi-specialty center in Lone Tree.
Milestone Apartments REIT to Acquire 358-Unit Canyon Chase Apartment Community
Milestone Apartments REIT recently announced it has entered into an agreement to acquire the 358-unit Canyon Chase apartment community. Located in the Westminster submarket of Denver, Colorado, the garden style multifamily apartment community was built in 1986. The Toronto-based REIT acquired the property for a purchase price of $40.5 million, represented an estimated initial capitalization rate of 6.55 percent and the transaction is expected to be immediately accretive to the REIT’s AFFO per unit.
Hines Commences 300 KSF Spec Office Project in Denver
Who’s afraid of speculative development? Not Hines. The real estate firm has just broken ground on 1601 Wewatta, a 300,000-square-foot office tower that will sprout up in Denver’s burgeoning lower downtown district.
Value Place Announces Plans to Develop Nine New Extended-Stay Corporate Hotels in Denver
Value Place, an economy extended-stay lodging brand, has recently announced plans to continue its expansion across the U.S. with plans to develop nine new extended-stay corporate properties in the Denver area.
Castle Rock Council Approves Town’s Largest Commercial Development Project
The Town Council of Castle Rock, Colorado has green-lighted a conceptual private-public financing package that would result in the largest single master planned commercial development ever constructed in Castle Rock.
Trimble Opens New Campus in Westminster
Trimble has recently officially opened its new campus in Westminster, Colorado. Jefferson County Commissioners Faye Griffin, Donald Rosier and Casey Tighe, Westminster Mayor Nancy McNally and Colorado Governor John Hickenlooper attended the ceremony.