Cannabis cultivation facilities usually consist of tiny, partitioned rooms. That has made it tough to attract new tenants or buyers.
Colorado’s cooling marijuana industry leaves many smaller industrial buildings vacant
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 3.22.24
Denver industrial property fetches $73M, Lowry apartment complex sells for $51M and other sales and leases.
Esquire Theatre to close in July as property owners plan redevelopment
Tim Finholm and Sam Leger plan to expand the building and turn it into office and retail/restaurant space.
UCHealth pays $3M for building near Cherry Creek Medical Center
It’s the system’s third real estate purchase in the 100 block of Madison since 2018.
Window cleaning 2.0? New firm showcases drone at old air traffic control tower
“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.”
The Pipeline: Commercial real estate deals for 3.15.24
Two suburban apartment complexes get new owners for $74 million and $68 million, and other sales and leases.
Activist investor wants late billionaire’s fund to sell downtown tower
The building, last sold for $170 million in 2017, houses the Denver offices of JLL and CBRE.
Developer seeks financing to convert DTC office into income-restricted housing
“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.
Sloan’s Lake bagel shop leases on Platte for long-desired second location
Down the street, meanwhile, the juice bar Wonder Press will shut down for good this week.
The Pipeline: Commercial real estate deals for 3.8.24
A Park Hill industry property sells for $13.5M, a Federal Blvd. retail strip fetches $2.5M and more sales and leases.
