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.

Project Snapshot: Art Studios

Former Denver home to The Art Institute of Colorado becoming residential building

Denver-based Nichols Partnership is fashioning microunits out of the former Art Institute of Colorado building just south of downtown.

Pepsi sells 30-acre RiNo property for $158M

Pepsi sells Denver bottling facility for $158 million

The deal works out to about $5.3 million an acre, or $120 a square foot. The buyer intends to redevelop the site but has not submitted plans to the city.