WPB Hospitality LLC purchased 16161 E. 40th Ave. in Denver in 2009; the unfinished structure at the site is four stories tall and surrounded by construction fencing.
Developer with hotel under construction files Chapter 11 bankruptcy
Thomas Gounley
Thomas covers commercial real estate and development. 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].
Uptown office complex sells for $29M
An LLC affiliated with California-based Harbor Associates purchased the Capitol Center, a two-building complex at Grant Street and 16th Avenue.
Downtown office building sells for $95M
Denver Financial Center’s two towers front Lincoln and Sherman streets. The complex last sold in 2008. The two buildings combined are about 435,000 square feet, according to property records. That makes the deal worth about $219 a square foot.
Food truck to open first brick-and-mortar location in Sunnyside
Crock Spot’s space was previously leased to 14er Brewing. That business never opened because a nearby halfway house didn’t approve of a beer business so close.
The Pipeline: Commercial real estate deals for 10.19.18
Northglenn apartments sell for $39.5M, Cap Hill office building fetches $4.7M and Savills Studley reports the week’s largest lease. Plus a law firm adds more space.
Wells Fargo holds on to No. 1 slot for local deposits; Citywide Banks moves up 4 spots
The FDIC conducts an annual survey of branch-office deposits for all institutions it insures.
Defense notches win in dispute between Denver-area attorneys over online review
A federal judge ruled that plaintiff Mark Wilson failed to show a pseudonymous review on RipOffReport.com constituted false advertising; Wilson alleges his former boss, Dochtor Kennedy, authored the review.
Buildings next to Rossonian Hotel in Five Points sell for $1.9M
An LLC affiliated with Denver-based The Flyfisher Group purchased 2624 and 2630 Welton St. last week.
Centennial-based entities affiliated with homebuilder file for Chapter 11 bankruptcy
The entities associated with Cardel Homes were hit with construction defect lawsuits in 2017.
Vacant auto shop along West Colfax sells for $750k
No redevelopment plans for the site have been submitted to the city.
