This marks the second time the shopping district has faced foreclosure. It was placed up for auction in 2009 and was acquired by a subsidiary of former lender KeyBank for $85 million.
Commercial Real Estate
The company founded by Volvo filed permits to open a new vehicle showroom at 257 Fillmore St., one of 15 it plans to open in the U.S. in 2021.
When WeWork signed lease after lease in Denver, landlords said the collateral would protect them if things went south. Now that thesis is being tested.
A key component of the Arapahoe Square development will be a 75-bed “recuperative care” facility that fills a gap in the healthcare continuum.
Quannah Partners and Outpost Investments are rebranding Paramount Heights Shopping Center as Gold’s Marketplace and spending millions on major renovations.
The landlord said the lease will let Stoney’s Cantina pay part of its rent as a portion of sales until COVID restrictions are removed.
“People like to be in social settings, but the place has to be conducive to that. And over time, Foothills mall has lost the shopping experience and isn’t really what people are looking for anymore.”
“We’re going to double pastry production and quadruple bread production,” said Bakery Four’s Shawn Bergin, who is taking the retail space in a new hotel.
The county star’s eponymous restaurant chain is taking over what used to be LoDo’s Bar & Grill.
In filings made last week in Larimer County District Court, the Loveland-based McWhinney was approved to purchase the property in Midtown Fort Collins. The sale price was not disclosed.