The deal works out to about $544,000 per unit if the retail space is valued at $3 million. The building is 98 percent leased.
Thomas Gounley
Florida firm adds to DTC office building holdings with $31M buy
“We’ll have five buildings and roughly 750,000 square feet of properties that are ideally located within this dynamic submarket,” said a TerraCap exec.
Tech firm takes three floors of Molson Coors’ former headquarters
The beverage giant announced in 2019 that it was moving to Chicago, vacating 89,000 square feet at 1801 California St.
Apartment complex partially leased to Sonder near DU sells for $90M
The six-story Atelier at University Park has 252 units, making the deal worth about $357,000 a unit.
31-story downtown office building changing hands for $204M
Granite Tower, at 1099 18th St., last sold in 2010 for $149 million. The new deal is worth about $343 a square foot.
Backyard on Blake developer to rehab Uptown office building
Mainspring, led by Fiona Arnold, also plans to open a cafe within the 62-year-old Sherman Street structure.
Mining firm leases 20K square feet at new DTC office building
6900 Layton, which was completed last year, already houses two other tenants in the natural resources sector.
Greenwood Village developer Madden puts his hidden penthouse on market
The office building at 5700 S. Quebec St. was already under construction in the 1970s when he suddenly decided to live atop it.
Apartment project’s ‘living structure’ merges architecture with greenery
The 16-story One River North at 3930 Blake St. in RiNo will feature a carved core resembling a slot canyon filled with water features and landscaping.
Judge rules against Chinese investors in suit over Vail condo development
The plaintiffs, who each invested $500,000 in order to get a green card, have appealed the ruling.