Civic Center Plaza sold for $125 million in 2019.
Commercial Real Estate
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Owner gives downtown Denver office tower to lender
Golden railroad museum, eyeing changes, makes second real estate buy of year
While a $2.4 million deal in January was “defensive,” per a museum official, a $740,000 buy this month was more “fortuitous.”
Food hall proposed in Lincoln Park’s warehouse district
“There is a unique opportunity with the buildings and the way they laid out for a concept like this to work really well,” said a co-founder of Thrive Development Co.
Downtown’s deepest discount yet: Two office towers sell for $7M
The reset of valuations just hit an eye-popping low. And the towers are already for sale again.
Ibotta to move downtown HQ closer to Union Station, citing access to transit
Platte Street didn’t have enough space. RiNo wasn’t considered. 1900 Lawrence meant sirens and potential Sakura Square redevelopment.
LoDo’s Market Center office complex enters foreclosure
A receiver already oversees the property in the 1600 block of Market Street.
Income-restricted apartments and retail proposed for RiNo intersection
Denver-based Steele Properties hopes to finance the project with low-income housing tax credits.
Local firm behind big-league broadcasts pays $15M for ex-Starz building
Liberty Media sold the building, which is in Douglas County next to its headquarters.
Bankruptcy blocks sale of Hilton project in Thornton after judge refuses to
“This bank was started in 1987 and this is the largest bad loan in the history of our bank,” said the lender pushing the sale.
Developer floats 20-story project on parking lot for RTD station
“It’s risky. It’s always risky,” the developer said of developing on transit agency land.