Deals of note: Jackson Square Properties purchased Broadstone Kendrick, a 254-unit apartment complex at 1780 Marion St. and 1160 E. 18th Ave. in Denver for $111 million. Terrance Hunt, Shane Ozment, Chris Cowan, Chris Hart, Brad Schlafer and Jessica Graham of CBRE represented the seller, Alliance Residential. GoodVets leased new space for a veterinary hospital… Read more »
Commercial Real Estate
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The Pipeline: Commercial real estate deals for 10.20.23
Denver looks to lease, and maybe buy, another hotel for homeless
The city’s option calls for it to pay 60 percent more than the property fetched in early 2022. But a nonprofit will buy the hotel first.
Downtown Littleton retail building sells for $2M
The building along Main was a saloon, then a drug store, and once home to the city’s mayor.
Local development sites for sale in wake of Texas firm’s receivership
Storybuilt owns its West Colfax property outright, and has a minority stake in sites in Five Points and Wheat Ridge.
Ground lease deal for proposed 36-story LoDo tower terminated, owner says
Kairoi Residential had pursued the project at Speer and Market since 2018. Buzz Geller has been trying to get someone to develop the lot for much longer.
Cherry Creek developer sues broker over $300K commission
Tributary Real Estate found a tenant for 240 St. Paul St. but the tenant never moved in. Does it deserve a full commission?
Project Snapshot: Construction along Brighton Boulevard
Here’s the status of major projects along the RiNo corridor.
Project Snapshot: Construction east of 38th and Blake station
The area continues to be a hotspot for development.
Developer barred from taking investor cash in Colorado for five years
Joseph Libkey is accused of bilking 13 investors out of $2.3 million.
Renderings show planned redevelopment of Clayton Lane in Cherry Creek
A premier fitness brand will likely take space in the project, according to developer Matt Joblon, who has a relationship with gym chain Equinox.