The nonprofit, which paid $1.18 million a decade ago, expects the eventual buyer to redevelop the property.
Thomas Gounley
X Company CEO talks ‘co-living,’ non-resident memberships as complex opens
The Chicago-based apartment developer, whose first Denver property has 455 units and 800 more units on the way, “does a few things completely different.”
Former art gallery building in RiNo sells for $3.2M to California investors
Helikon Gallery & Studios closed in 2019, but the broker said the new owners have already leased the whole building to a new tenant he wouldn’t name.
Zeppelin buys 130-year-old Ouray hotel, an ‘old building that needs a lot of love’
The developer most associated with RiNo has ventured into the Western Slope, paying $2.5 million for the Historic Western Hotel.
Judge rejects bid by Northstar to have suit filed by Amazon dismissed
Amazon has accused the Denver-based firm led by Brian Watson of paying kickbacks to Amazon staffers for data center development deals in Virginia.
$1.7M deal for small parcel puts full RiNo block under single ownership
The block’s buildings are largely industrial in nature, but they appear poised for redevelopment.
Asana Partners snaps up more retail space along Tennyson Street
The firm, which increased its local profile when it purchased Larimer Square, has paid $11.3 million for Tennyson buildings over the last 20 months.
Apartment developer pays $24M for site of planned 483-unit RiNo complex
The 2.7 acres at 1300 40th St. is the first Denver property that Charlotte-based Crescent Communities has acquired, but it is already eyeing others.
WeWork closing four Denver locations to ‘rightsize’ its footprint
The company will still have five coworking spots in the city, but it’s vacating about 230,000 square feet of office space.
Not the green that gardeners wanted: El Oasis sold to homebuilder
News that a nonprofit planned to sell two-thirds of the LoHi garden prompted a backlash but it sold the property for $1.2 million anyway.