Residential development, realty firm leaves coworking for South Broadway

A ribbon-cutting for the new office was held earlier this month. (Submitted)

A Denver-based residential development and realty firm has left coworking for a permanent space on South Broadway.

Invalesco Real Estate, which had been working out of Thrive Workplace in Cherry Creek, opened its office at 1608 S. Broadway in Denver this month.

A representative for the firm said founder and owner Gilda Zaragoza invested nearly $900,000 in the 1,500-square-foot space, counting the purchase of the unit this spring for $520,000.

Gilda Zaragoza

The unit is on the ground floor of a three-story condo project completed earlier this year by Denver-based LCP Development.

“It will also be a wonderful location for our THINKtank events and a place our partners can drop in unannounced to get some work done as they move about town,” Zaragoza said in a statement. “It really reflects the positive momentum we’re experiencing and where we want to take the business in the future.”

Invalesco — which takes its name from a Latin word that means “to gain strength” — was formed in 2013 and lists five staffers on its website.

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