An East Colfax motel fetches $3M, foundation planning school pays $4M for Five Points buildings and Regis University expands a Thornton office lease.
Commercial Real Estate
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The Pipeline: Commercial real estate deals for 6.23.23
Oklahoma restaurateur takes first floor of new Cherry Creek office building
What should first-time Broadway 10 diners get? “You’re going to get a volcano roll and you’re going to get a strip kissed off the grill with pecan, oak and hickory.”
Law firm split puts City Park mansion on the market for $1.7M
King & Greisen bought the building at 1670 York St. in 2000.
Original Snooze restaurant in Ballpark to expand
The company has expanded to about 50 locations since opening at 2262 Larimer St. in 2006.
Tea shop replacing former convenience store on Platte Street
Something’s brewing on Platte Street. New Mexico-based Old Barrel Tea Co., which sells loose leaf tea blends, is moving into Platte Street Mercantile’s former home at 1620 Platte St. This will be co-owner Heather Maccalous’ third location in the region, joining ones in Golden and Boulder. Old Barrel also has stores in New Mexico and… Read more »
Property manager accused of embezzling must pay $2M
A judge ordered Shaun “Kealy” Roberts, of Centennial, to pay the Aurora property owner Hamid Simantob.
Project Snapshot: One River North
“You can walk by and see it now, sure, but standing in the unit and looking across that balcony and being in that canyon is really an incredibly dramatic sensation,” said Kevin Ratner, co-founder of The Max Collaborative.
Golub, Formativ look to sell ex-World Trade Center development site in RiNo
A sale would bring an anticlimactic end to a planned development that has been publicly discussed since at least early 2016.
The Pipeline: Commercial real estate deals for 6.16.23
Deals of note: ERI Group, a medical device manufacturer, leased 34,200 industrial square feet at Mountain Gateway at 5025 and 5045 Robb St. in Arvada. The 142,200-square-foot project built in 2020 is now fully leased. Tyler Carner, Jeremy Ballenger and Jeremy Kroner of CBRE represented the project’s developer, Cale Enterprises. Pelsue leased 93,229 square feet… Read more »
Mortenson breaks ground on four-story RiNo office building
The Minneapolis-based developer and general contractor will move its Denver office to the structure, taking the majority of space.