The Omni was 43-percent occupied between mid-2021 and mid-2022, according to its appeal paperwork, or well below a market average of 58 percent.
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Omni Interlocken in Broomfield sues over $43M valuation, says it’s worth half that
The Pipeline: Commercial real estate deals for 9.8.23
A local developer sells 22 townhomes for $10M, an oil and gas firm subleases downtown space from a law firm and a restaurant leases in Greenwood Village for a third location.
Watson trial canceled as Amazon appeals dismissal of kickback case claims
“This once again confirms that Amazon’s strategy is a war of attrition,” the head of Northstar Commercial Partners said in a court filing.
Developer drops rezoning bid for Waldorf Astoria condos in Cherry Creek
The project is moving forward. But it’ll be limited to five stories.
The Pipeline: Commercial real estate deals for 9.1.23
Our weekly roundup of new sales and leases.
Can there be too many drive-thrus? One Colorado city is considering whether to impose a limit
Paul Haseman, a Golden council member, wondered at last week’s meeting if the city was putting its focus in the right place.
Owner to give DTC office building to lender following default
The building at 7100 E. Belleview Ave. was 48 percent leased as of July 31, with 8 percent of that on the sublease market.
Englewood auto shop at center of development fight files for bankruptcy
Sam’s Automotive no longer operates, but still owns 8.5 acres that a lender wants to foreclose on.
Receiver named to oversee Wells Fargo Center following loan default
Someone new is manning the Cash Register Building.
In Evergreen, lags and lawsuits hit a townhouse project
After three years, Pinecrest Ridge is largely unbuilt. A receiver may take it over.