
“I was elected to represent my residents, and my residents don’t want this,” said Councilwoman Amanda Sawyer.
“I was elected to represent my residents, and my residents don’t want this,” said Councilwoman Amanda Sawyer.
This is the second downtown building that Chicago-based Expansive has lost to a lender.
The company has been at I-25 and Colorado for 30 years and bought the building at 70% less than the owner paid in 2019.
The largely identical Cherry Creek Plaza buildings are both 13 stories, and about 335,000 square feet combined..
A receiver has been appointed for Centre Point Properties’ Highland Place II.
“We just looked at it as a pure land play,” said Central Street President Isiah Salazar.
“This is the first time this has ever happened in the state of Colorado,” Councilwoman Amanda Sawyer said.
The company formerly known as Anthem will retain some space at 700 Broadway.
A receiver has been appointed for Aurora Corporate Plaza.
Civic Center Plaza sold for $125 million in 2019.
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