Real Estate

Brownstein helps developers, owners and real estate investment companies meet market needs in the multifamily space. From zoning and entitlements to financing and construction, our team has worked with our clients to deliver thousands of apartment homes. Representative clients and projects include:

• Mill Creek Residential, developer, buyer, and operator of high-quality multifamily properties across the U.S., including the Modera Cap Hill, Modera LoHi, Modera River North and Modera Observatory Park.
• Cottonwood Residential, an owner and operator of apartment buildings across the U.S. We have assisted the client in the acquisition, disposition, development and financing of apartment complexes in Tennessee, Utah, Oregon and Texas.
• Building Management Company, an owner and manager of multifamily properties in the Denver metro area, including Ivy Crossing, St. Paul Collection, Aurora Hills, Landon Park and Vista Park.

Our multidisciplinary team guides record breaking transactions in the office and industrial real estate space. From the sale of industrial property portfolios to development, financing and leasing of high rise office buildings, our team takes on complex transaction on tight timelines—helping clients navigate the fluctuating real estate market. Representative clients and projects include:

• We are ongoing leasing counsel for Hines Interests LP with respect to 1144 15th Street, a 671,120 sq. ft., Class AA office tower in downtown Denver with many of the city’s most high profile tenants and commanding the highest market rates in Denver.
• On behalf of the owner, we handle all office leasing at Block 162, a new 30-story, Class A office building in downtown Denver with panoramic Front Range views. With 595,000 sq. ft., it offers one of the most efficient, state-of-the-art office spaces in the city.
• We advised a joint venture between Hines, Perlmutter and JPMorgan, in the sale of 1601 Wewatta, Class AA, 300,000 sq. ft. office building in the Union Station neighborhood of Denver. The property sold for over $740 per sq. ft. (approximately $225 million), the highest per-square-foot price for office in Colorado history.

When you’re spearheading a stadium or arena project, the last thing you want is to be thrown a legal curve ball. Brownstein’s Stadiums & Arenas Group has been doing this high level, large scale work for decades. We understand the process, how the revenue models work and how to interact with municipalities and government agencies.

Stadiums and arenas we’ve worked on include: Allegiant Stadium, Pepsi Center (now Ball Arena), Coors Field, Mile High Stadium (now Empower Field at Mile High), Hughes Stadium at Colorado State University, Oracle Arena and Staples Center.

Successful master planned community projects require a unique understanding of all facets of real estate, land use and development. We draw on years of experience in both the public and private sectors working with developers, homebuilders, investors, municipalities and economic development organizations to get the results you need. Representative clients and projects include:

• Sterling Ranch, a 12,000 home master-planned community in Douglas County, Colorado situated across 3,400 acres and nine unique neighborhoods.
• The Lakes at Centerra, a 3,000 acre master-planned community in Loveland, Colorado. The community includes townhomes, single-family homes, apartments and patio homes, as well as 275-acres of lakes, wetlands and open space.
• Painted Prairie, a 3,200 home master-planned community in Aurora, Colorado features a 22-acre park, a town center and homes by KB Home, Meritage Homes, McStain, Epic Homes and David Weekley.

Retail properties continue to evolve. From indoor shopping malls, to outlet centers, to outdoor shopping and entertainment districts, we help owners to improve on existing properties and represent developers and real estate investment companies in the development, acquisition, disposition, financing and leasing of their portfolios in Colorado and beyond. Representative clients and projects include: 

• The Denver Premium Outlets mall, a $134 million, 94-acre premium outlet mall in Thornton, Colorado.
• The Streets at SouthGlenn, a mixed-use center with nearly one million square feet of retail space, 140,000 square feet of office space and 200 for-rent luxury residences.
• The Promenade at Castle Rock, a 166 -acre mixed use development with retail, restaurants, services, multi-family residential and outdoor space, one of the largest retail developments in the United States.

As the demand for data centers continues to rise nationwide, developers must consider several unique real estate aspects. These include land use issues, high energy consumption, significant water requirements for evaporative cooling and the need for substantial infrastructure improvements. Additionally, savvy drafting of lease agreements is becoming increasingly important for data center developers. Our nationally recognized land use and development professionals help clients successfully navigate the nuances and regulations of developing data centers across the country. Recent projects include:

• Advising on land use matters for the prospective acquisition and development of property in Adams County, Colorado for a data center campus.
• Counsel to a major data center development company with projects across the U.S., advising on land acquisition, land use entitlements, water supply and environmental compliance.
• Counsel for high profile greenfield development projects across the United States, gating for energy and water, and securing essential resources in support of land use entitlements and environmental compliance.
• Providing federal, state and local advocacy in support of regulatory approvals enabling land transition.