
It’s the system’s third real estate purchase in the 100 block of Madison since 2018.
It’s the system’s third real estate purchase in the 100 block of Madison since 2018.
“Our sweet spot is buildings between three and 20 stories,” said the owner of Drone Wash. “We’re not really looking to do the skyscrapers downtown.”
Two suburban apartment complexes get new owners for $74 million and $68 million, and other sales and leases.
The building, last sold for $170 million in 2017, houses the Denver offices of JLL and CBRE.
“What we’re trying to do here is create an environment where there’s affordable housing in proximity to where folks work,” said Peter Culshaw.
Down the street, meanwhile, the juice bar Wonder Press will shut down for good this week.
A Park Hill industry property sells for $13.5M, a Federal Blvd. retail strip fetches $2.5M and more sales and leases.
PERA shifted its headquarters to the adjacent structure years ago.
The buyer owns an adjacent building. The founder of Zeppelin Development now owns just one property in the neighborhood.
Justin Riley started Boulder’s Rayback Collective in 2016 before debuting his concept in RiNo two years later.
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