Globeville property sells for $13M

caption. Burl Rolett)

The property, north of I-25 in Globeville, sold for $12.67 million. (Burl Rolett)

A pair of Denver developers closed a seven-figure land deal in northern Denver this week.

Littleton Capital Partners and Brue Capital Partners bought nearly four acres in Globeville, just north of I-25 this week. The developers paid about $12.67 million for the property, which sits right next to the Crafty Fox Taphouse near the corner of Fox Street and 39th Avenue.

The deal came together in two separate transactions with two different sellers. The smaller parcel, an unimproved 1-acre patch of concrete, sold for $2.8 million. The larger of the two, an L-shaped parcel with a 60-year-old, 13,000-square-foot industrial building, drew a $9.86 million sales price.

Littleton Capital Partners head Jonathan Bush declined to comment on the partnership’s plans for the parcel, but they will have plenty of room to build up. The property was rezoned about seven months ago under a previous owner to allow for up to 20 stories of development.

caption. Burl Rolett)

The property, north of I-25 in Globeville, sold for…

You must be a member to access BusinessDen's exclusive reporting.

Your subscription has expired. Renew now by choosing a subscription below!

For more informaiton, head over to your profile.

Profile


SUBSCRIBE NOW

TERMS OF SERVICE:

ALL MEMBERSHIPS RENEW AUTOMATICALLY. YOU WILL BE CHARGED FOR A 1 YEAR MEMBERSHIP RENEWAL AT THE RATE IN EFFECT AT THAT TIME UNLESS YOU CANCEL YOUR MEMBERSHIP BY LOGGING IN OR BY CONTACTING AARON@BUSINESSDEN.COM.

ALL CHARGES FOR MONTHLY OR ANNUAL MEMBERSHIPS ARE NONREFUNDABLE.




Return to Homepage

Subscribe
Notify of
guest
1 Comment
oldest
newest most voted
Inline Feedbacks
View all comments
dave barnes
dave barnes
5 years ago

TOD.
Amazing.