Last year saw only $894 million in Denver-area office building sales, down from $2+ billion in years prior.
Commercial Real Estate
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‘The market is moving, just slower than we want’: Quantifying 2023’s drop in deals
14 Denver projects win 2024 Mayor’s Design Award
A school-turned-hotel and a school-turned-apartment-building were among the winners.
Judge tells developer to pay architect $183K for its Colfax work
A $150,000 settlement fell through when Leon Cisneros didn’t pay Oz Architecture.
Developer says it was pushed out of Lincoln Park project by hedge fund
Madelon Group is accusing Blue Room of fraud at their 8th Avenue apartment project.
The Pipeline: Commercial real estate deals for 3.22.24
Denver industrial property fetches $73M, Lowry apartment complex sells for $51M and other sales and leases.
Esquire Theatre to close in July as property owners plan redevelopment
Tim Finholm and Sam Leger plan to expand the building and turn it into office and retail/restaurant space.
UCHealth pays $3M for building near Cherry Creek Medical Center
It’s the system’s third real estate purchase in the 100 block of Madison since 2018.
Dish Network to sell Littleton property to billionaire founder’s SPAC
Dish Network plans to sell its Littleton office campus to an entity linked to the company’s founder, then lease it back. Conx Corp., a special purpose acquisition company, said in a March 11 filing with the U.S. Securities and Exchange Commission that it is set to pay $26.75 million to buy the 5701 S. Santa… Read more »
LoDo’s Market Station adding two men’s clothing stores
One already has a presence in Cherry Creek.
Council vote paves way for city’s $89M Post building buy
Four council members voted against the financing arrangement for the deal.