Asana Partners, which bought Larimer Square in 2020, paid $25.8 million this week for the nearby 54,125-square-foot building built in 1895.
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LoDo’s Hardware Block office building sells for second time in five months
Plant-based burger chain owner expanding to hometown of Denver
Oregon-based Next Level Burger was founded by Denver native Matt de Gruyter and wife Cierra in 2014 and has seven locations in Oregon, Texas, Washington and California.
Building permits 2.9.22
A new building for $4 million at 2881 N. Speer Blvd. and an alteration for $2.6 million at 555 17th St. in Denver were the week’s top building permits.
Denver’s largest hotels, retail centers dropped in valuation after COVID
The 1,100-room Hyatt Regency, valued before the pandemic at $296 million by the county, is now valued at $207 million — 30 percent less.
Seafood restaurant surfacing in Market Station this week
The Water Grill chain will open its first Colorado location and join five other retail tenants at the mixed-use development at 1691 Market St.
Edens to redevelop RiNo block after striking deal with nonprofit VOA
The real estate firm has proposed multiple five-to-seven story buildings with retail space topped by hundreds of residences. The VOA will keep its headquarters.
Patxi’s Pizza in Cherry Creek closes after real estate sold to developer
“Our lease has abruptly ended,” a note on the door reads. The pizza chain, which operated there since 2013, said its whole team has been relocated.
Gay bar and restaurant Sir opens in former Vesta space in LoDo
It will host DJ nights and drag brunches with an upscale menu that includes caviar and Coulotte steak. One of the owners has a “Real Housewives” connection.
Ad agency bails on McGregor Square HQ after moving from Boulder
Crispin Porter Bogusky subleased its 18,000 square feet to cybersecurity firm CyberGRX, a decision a spokesman attributed to new management.
Travel club Inspirato opens books prior to IPO vote
On the cusp of going public through a SPAC deal, the Denver company discloses its business operations and predicts almost $1 billion in revenue in 2025.
