The deal works out to about $455,000 a unit, not factoring in the building’s retail space.
Commercial Real Estate
Welcome to Business Den, your one-stop destination for all the latest and most important commercial real estate news from Denver. We are proud to offer a comprehensive and up-to-date collection of stories, articles, and insights that cover the Denver commercial real estate market in its entirety.
Subscribe to Business Den today and stay ahead of the curve.
New South Broadway apartment complex sells for $108M
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.
Chinese medicine center owners plan to redevelop Cherry Creek site
TrueMind and a neighboring spa at 5 Cook St. would be demolished to make way for a residential building up to seven stories high.
West Highland restaurateur buys the building next door for $1.4M
American Elm owner Bob Reiter said he’s still deciding what to do with the property, but additional parking is one immediate benefit.
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.
Building permits 9.29.21
Phased construction for $102.6 million at 2601 N. Alcott St. in Denver and a tennis center for $4.4 million at 7760 S. Wheeling Court in Englewood were the week’s top building permits.
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.
Former Marco’s Pizza franchisee builds food hall in Arvada
“We want to be the food hall in the suburbs for all the 45-year-olds with two kids that still want to go to Avanti but can’t drag the whole family down there,” Nick Costanzo said.
