The office tower’s loan has been in special servicing for months. Wells Fargo joins WeWork in trimming its presence there.
Wells Fargo to drop three floors at namesake downtown tower
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.
In blow to Wells Fargo Center, WeWork gives back 3 floors
The office tower’s loan is in special servicing. WeWork also recently closed a location on Platte Street.
Major RiNo landlord Edens names new top local executive
The company has spent $100 million on real estate in the neighborhood and plans to redevelop nearly a full city block.
Cherry Creek gateway corner, one of four for sale, finds a buyer
The collection of properties along Colorado Boulevard were rezoned in 2020.
WeWork closes location along Platte Street for second time
The coworking firm, whose market cap is under $600 million, now has five spaces operating in Denver.
The Pipeline: Commercial real estate deals for 7.14.23
Medical device company leases 41k sf in Englewood, suburban apartments sell for $111M and a Westminster hotel changes hands.
Receiver appointed for DTC office building after owner defaults on $18M loan
The lender says the Greenwood Village property is worth less than the loan amount.
Arkansas-based bank takes space in Belleview Station for first local branch
Encore is also working to open in Boulder.
RiNo building leased to Denver7 sells for $26M
Before the TV station leased 2323 Delgany St., WeWork did. But the coworking firm never opened there.
Developer planning apartments pays $5M for RiNo site
Bradley Eide’s Elevate Cos. paid a similar sum for a Lincoln Park property in April.
