The new owner is a family company making its first entry into the Denver market, with hopes to buy more properties.
West Highland mixed-use building finds buyer for $25M
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 thomas@BusinessDen.com.
The Pipeline: Commercial real estate deals for 1.12.18
An industrial portfolio sells for $51 million, and Newmark Knight Frank reports the biggest lease in this week’s roundup.
Townhomes coming to lot across from Jeff Park Safeway
Ten units would replace an 850-square-foot home on the quarter-acre lot, which was purchased for $1 million.
Denver council approves CDOT-Kentro development deal
The approval allows the private developer to purchase two transportation department properties in the Mile High City for a combined $19 million.
Arapahoe Square parking lot sells for $1.5M
Denver’s planning department had indicated multiple development options have been considered for the site for a year.
Changing neighborhood prompts church to sell S. Federal property
Pawn Stars LLC paid $655,000 for the property at the edge of the Westwood and Athmar Park neighborhoods.
50 First Data employees to avoid job loss by moving
About a quarter of the employees slated to be laid off by the payment-processing firm are saying goodbye to Greenwood Village and hello to Atlanta.
Crate & Barrel sister brand to open in Cherry Creek
The hipster offspring of Crate & Barrel is coming to the under-construction St. Paul Connection building, less than a half-mile from its parent chain.
Santa Fe’s famous Meow Wolf coming to Denver
A unique art exhibit/museum that drew four times the number of expected visitors in its first year has chosen a site for its planned expansion.
The Pipeline: Commercial real estate deals for 1.5.18
NKF reports the biggest sale of the week, while Avison Young reports the largest lease deal.
