It will be the buyer’s first local ground-up development.
Thomas covers commercial real estate, development and law. He is a graduate of the University of New Hampshire and previously worked as a business reporter at the Springfield News-Leader. Email him at [email protected].
Denver law firm Don, Galleher & Associates represented John Dorsey for years and said his lawsuit against the firm “has absolutely no merits.”
The deal involves about 300,000 square feet. Dunton also is adding an investment component and is under contract for a shopping center.
Forty percent of The Forum at Cherry Creek’s tenants are in the medical office category.
The deal works out to $495 a square foot. Buyer Property Markets Group is already building apartments in Union Station North.
A retail strip off I-25 sells for $15M, Planet Fitness signs a lease and Avison Young reports the week’s largest lease.
Hawkeye Hospitality hopes to break ground in the second quarter on a 12-story dual-brand hotel.
RiNo has plenty of taprooms and hip small retailers, but banks are rare.
EXDO Management, led by Andrew Feinstein, is looking to redevelop the block with partners Elevation Development Group and Kentro Group.
The five-story structure once held offices and research labs serving the surrounding hospital.