The Westerner Motel changed hands weeks after its next-door neighbor, the Sand & Sage Motel.
Thomas Gounley
The Pipeline: Commercial real estate deals for 12.21.18
An Arvada self-storage facility sells for $8.8M, and Newmark Knight Frank reports the week’s largest lease.
LoHi apartment complex sells for $131M, sets 2018 per-unit pricing high
The sale of Centric LoHi comes days after the sale of Infinity LoHi, which also netted nine figures.
RedPeak drops $17.5M on apartment buildings in Congress Park, Cap Hill
The purchases give the company 2,419 residential units across 30 properties in the Denver area.
Nonprofit buys auto shop along 6th Avenue; income-restricted condos planned
Sixty-four of the 92 condos will be studios, some as small as 263 square feet, according to plans submitted to the city.
Weekly newspaper covering Columbine area to shut down
The Columbine Courier’s Dec. 27 issue will be its last, according to the publisher of Evergreen Newspapers.
Developer: La Loma project could break ground in June; windows key in design change
The head of New York-based Tessler Developments said about two-thirds of the project’s 600-plus residential units will be condos.
Union Station office building fetches $222M; sets new record
Developers Hines and Jordon Perlmutter & Co. found a buyer for 1601 Wewatta, which was completed in 2015.
LoHi apartment complex sells for $112M, sets 2018 per-unit pricing high
Infinity LoHi’s sale price works out to $409,340 per unit. That’s tops locally for the year, although still well short of the record.
The Pipeline: Commercial real estate deals for 12.14.18
A 240-unit Denver apartment complex sells for $47M, and Newmark Knight Frank reports the week’s largest lease.