Denver Public Schools this week nabbed 6 acres from the operators of a struggling university high on a hill overlooking South Denver.
Commercial Real Estate
The $8 million acquisition is another puzzle piece in a portfolio of 400 subsidized units that GHC Housing Partners started buying last year.
The parcel on Alameda Avenue adjoins the 338-unit Alta Alameda Station development, which the Atlanta-based firm completed in 2014.
Denver’s largest accounting firm leased 44,000 square feet in 1601 Wewatta, a 300,000-square-foot development behind Union Station.
A coworking concept that launched a shared office in Louisville last year has leased 10,300 square feet off of West Colfax Avenue for its second location.
A real estate investment company nabbed a year-old, 306-unit complex just south of the Hampden Bypass in Englewood for $78.3 million on April 27.
A gym chain plans to invest $5 million to turn the defunct retailer’s former office building into a massive climbing center with 50-foot ceilings.
The year’s largest apartment complex sale in Arapahoe County to date closed last month for $97 million.
The Colorado Business Bank property on the northwest corner of Third Avenue and University Boulevard, along the neighborhood border with Country Club, traded April 19.
A California real estate company shelled out $65 million for a 14-building apartment complex on the southeast corner of East Arapahoe Road and South Holly Street in Centennial.