A five-story mixed-use building in LoHi landed $520 for every square foot of space.
Agoura Hills-based Miller Brothers Cos., acting as Miller Brothers Umatilla LLC, purchased the 23,485-square-foot building at 2930 Umatilla St. in Denver last week for $12.21 million, according to county records.
The quarter-acre lot features office and restaurant space. Tenants include restaurants El Five and Sushi Ronin, financial planning firm Colorado Wealth Group and tech company Connekt.
The building was constructed in 2014.
Miller Brothers did not respond to a request for comment. The office and residential properties listed in a portfolio on the company’s website are all in California.
Matthew Ball and Heath Charamuga of Colliers International represented the Miller Brothers in the deal.
The LoHi building was sold by Denver-based developer Gravitas Development Group. The company, which did not respond to a request for comment, purchased the lot in July 2011 for $975,000, according to records.