Centennial officer buildings go for $55 a square foot, West Highland apartments fetch $13M and Englewood industrial space sells.
Commercial Real Estate
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The Pipeline: Commercial real estate deals for 8.25.23
Apparel company cutting 154 employees, closing Englewood facility
Ouray Sportswear got a new owner earlier this year. Its real estate was purchased by a Boulder firm in 2022.
As WeWork warns of ‘substantial doubt’ about future, a look at its Denver presence
The company’s local footprint is less than half of what it once was, but it still controls hundreds of thousands of square feet.
Housing Authority closes on $26M hotel purchase for city homeless shelter
The deal for a former Best Western, which last sold for $11 million in 2018, was announced late last month.
Could that office be apartments? Study scores 29 downtown Denver buildings
A study commissioned by the city has scored a host of downtown Denver buildings in terms of how easily they might be converted to residential use.
The Pipeline: Commercial real estate deals for 8.18.23
A homebuilder pays $7M for 27 Golden acres, a Centennial apartment complex fetches $79M and industrial space changes hands for $30M.
Property owner assumes development push as Greystar nixes planned downtown tower
The apartment giant had proposed 40+ stories on the corner of 17th and California.
Lender owed $35M to foreclose on coworking firm’s downtown building
Expansive differs from most other coworking companies in that it owns its real estate.
Coworking pioneer Galvanize closing remaining Denver location
A new company has secured the space. Galvanize also once operated in the Golden Triangle.
East Colfax hotel redevelopment dialed back after lender backs out
An additional structure is no longer going to be built next to the former All Inn Motel.
