But the gaudy per-square-foot rent figures don’t come without some extra investment and a bit of risk.
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Micro living’s big news
Goldman Sachs doubles $17M investment on Lakewood apartments
The broker who sold the complex described Sloan’s Lake as, “Becoming the next Wash Park. That sort of revitalization has started taking place already, and still has lots of room to grow.”
Cemetery opens event space to liven up business
Fairmount Cemetery opened a new event center this month aimed at bringing less-gloomy business – including birthdays, corporate gatherings and weddings — to the East Denver funeral home.
Developer plans 155-unit condo building in Cherry Creek
A Cherry Creek developer scooped up another lot with plans to add condos next to a recent office development.
Englewood medical company closes office, cuts 100 jobs
An Illinois-based medical product maker is closing its office in Colorado.
Church unloads building along Platte River
With a little lipstick and divine timing, a Denver megachurch doubled its money on a building it never wanted anyway.
California REIT continues buying spree
After spending more than $200 million on deals in Colorado in 2015, a California-based REIT is gobbling up more real estate.
Cypress Real Estate Advisors expands its Denargo Market holdings
A Texas real estate firm this week closed on a $6.3 million deal to plug a hole in its RiNo land holdings.
Maserati dealership motors into Highlands Ranch
Three sleek Italian car brands — Maserati, Alfa Romeo and Fiat — soon will beckon to motorists from a new $15 million dealership just off C-470 in Highlands Ranch.
125-year-old Lumber Baron Inn sells for $1.7M
The next act is starting at a century-old mansion turned inn and theater in the Highlands.
