It will be the buyer’s first local ground-up development.
Commercial Real Estate
Borne’s most recent spot, Randall’s at the New Climax, closed in August.
The deal involves about 300,000 square feet. Dunton also is adding an investment component and is under contract for a shopping center.
Forty percent of The Forum at Cherry Creek’s tenants are in the medical office category.
The company filed for bankruptcy in 2017, emerging later that year.
The deal works out to $495 a square foot. Buyer Property Markets Group is already building apartments in Union Station North.
The high-end brand’s namesake opened his first retail store in New York’s SoHo in 1998.
The flat-fee brokerage has now raised more than $10 million, according to SEC filings.
Hawkeye Hospitality hopes to break ground in the second quarter on a 12-story dual-brand hotel.
EXDO Management, led by Andrew Feinstein, is looking to redevelop the block with partners Elevation Development Group and Kentro Group.