
Workplace Elements paid $7.8 million last week for 2495 Blake St.
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Workplace Elements paid $7.8 million last week for 2495 Blake St.
The company, which charges members $10 to $40 a month, moves into the spaces left behind when big-box retailers contract.
Vukota Capital Management originally was scheduled to develop the five-story, 171-unit complex.
Austin, Texas-based Endeavor Real Estate Group said Wednesday that it and Denver-based Legend Partners have purchased 7.5 acres of the 41-acre redevelopment site.
Edens purchased the building from developer Ken Wolf and associates last April for $11.5 million.
It’s the third Denver holding for Equity Residential, which re-entered the Denver market last year.
Mass Equities and AECOM Capital also have released a new rendering for their project in the 2900 and 3000 block of Brighton Boulevard.
A couple more tenants also were announced Friday, bringing the total to 10.
Elevation Development Group purchased three parcels in two deals, paying a combined $193 a square foot.
‘That’s the downside of this growth is, while it’s happening, it’s like giving birth without the epidural,’ said one broker leasing space along the street.
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