At the same time, Cypress Real Estate Advisors appears to have cooled on redeveloping a property in Baker.
Apartment developer pays $10M for RiNo industrial site
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.
Redevelopment plans submitted for Cherry Creek retail property that fetched $9M
Tenants include Element79 Contemporary Jewelry, Grind Kitchen + Watering Hole and Tazu Sushi.
New South Broadway apartment complex sells for $108M
The deal works out to about $455,000 a unit, not factoring in the building’s retail space.
Unico pays $85M for two LoDo office properties
The building at 1755 Blake St. sold for $61.2 million and the office component at 1515 Wazee St. for $24.3 million, making the deal worth $494 a square foot.
Griffis pays $229M for apartment complexes in LoDo, Cheesman Park
It’s the second sale since completion for the 10-story, 285-unit Verve, and the first for the seven-story, 156-unit Amaranth.
6-acre site at edge of RiNo hits market
The Wynkoop Street property is zoned for up to 12 stories if a development meets income-restricted housing requirements.
Cherry Creek office building changes hands for $108M
The seven-story building is 117,235 square feet, making the sale worth $921 a square foot — a new record high for office space in Denver.
30-story residential buildings planned after Golden Triangle zoning change
The one on Bannock Street would have 275 apartments and the one on Acoma Street would have both condominiums and hotel rooms.
Warehouse building being reduced to rubble along Brighton in RiNo
A seven story, 390-unit apartment complex is planned for 3.3 acres of the 8-acre site, leaving room for another development on the northern portion.
Gated community planned for vacant church site at edge of Hilltop
“As soon as I have the permits, I’ll demolish it,” said Lenny Taub of First Stone Development, which purchased the property earlier this month.
