Stonebridge Cos., which is putting up an adjacent 18-story building, bought the “very odd-shaped piece of property” for $55,200.
Commercial Real Estate
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City selling sliver of Belleview Station land for 550,000 percent gain
Baker brewery building hits market for $6M but brewer will keep making beer
The property owner, which is not affiliated with the brewer, purchased the 40,000-square-foot facility at 471 Kalamath St. for $3.35 million in 2015.
Left Hand Brewing opening a restaurant next to RiNo’s Mission Ballroom
An earlier plan to land in Curtis Park fell apart, so the Longmont brewery found another spot for its expansion into Denver.
Building permits 3.4.21
An addition for $8.3 million at 9100 Pena Blvd. and $6.4 million for a new boiler, AC and a building at 4290 N. Brighton Blvd. in Denver were the week’s top building permits.
Shuttered WeWork space along Platte Street on the market for lease
The New York-based coworking firm closed four of its nine Denver locations at the end of February.
Promenade Shops at Centerra listed for foreclosure at $84M
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.
Swedish electric car brand Polestar challenging Tesla in Cherry Creek
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.
Denargo Market landlord sued by WeWork files its own suit over bond
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.
Colorado Coalition for the Homeless breaks ground on nine-story project
A key component of the Arapahoe Square development will be a 75-bed “recuperative care” facility that fills a gap in the healthcare continuum.
New owners giving 63-year-old Wheat Ridge shopping center ‘some love’
Quannah Partners and Outpost Investments are rebranding Paramount Heights Shopping Center as Gold’s Marketplace and spending millions on major renovations.
