The Royal Palace Motel closed over a decade ago. The property’s seller paid $850,000 in 2004.
Developer pays $7M for shuttered motel site at Colfax and Colorado
Matt Geiger
Matt Geiger covers commercial real estate and development for BusinessDen. He joined the newsroom in October 2023 after interning in the summer of 2022. He is a graduate of Ohio University.
The Pipeline: Commercial real estate deals for 1.19.24
A massive apartment deal in LoHi, a Lone Tree office building fetches $23M and more sales and leases.
Media entrepreneur bringing ‘scrappy’ retail redevelopment approach to Arvada
Ben Jones, who previously did a project along Tennyson, is moving his video production firm from LoHi as part of the effort.
Pinnacle Real Estate Advisors hires two for leadership roles
The new president and managing director previously worked at CBRE, Newmark, Cushman & Wakefield and other firms.
New X Denver 2 complex in Arapahoe Square faces $20M in liens
A new Arapahoe Square apartment tower has nearly as many liens as it does floors. Fourteen firms have active liens filed against a Chicago-based developer’s X Denver 2 project at 2100 Arapahoe St., public records show. The firms collectively say they’re owed north of $20 million and range from the general contractor on down to… Read more »
The Pipeline: Commercial real estate deals for 1.12.24
RiNo apartments fetch $22M, a new 7-Eleven sells and a 60k sf industrial lease is signed in Aurora.
High dollar: Dispensary buys its LoDo real estate
Rocky Mountain High has been leasing the ground floor of 1538 Wazee St. since 2010.
MSU Denver pays $4M for building it leased in Lincoln Park
The seller, who paid $1.6 million in 2013, listed it for sale last summer.
LA ghost kitchen firm’s ‘follow the cranes’ strategy brings it to Federal, Park Hill
“We’re a real estate company … We won’t buy anything that’s not in the path of development,” said Bennett Goldberg.
Union Station apartment complex sells for $125M
The developer of Platform Union Station held it for nearly nine years before selling to a local buyer.
