Building off Platte Street sells for $1.5M, Broadway property fetches $6M and a South Federal shopping center changes hands. Plus a ton more deals.
Commercial Real Estate
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The Pipeline: Commercial real estate deals for 1.27.23
Boston Market owes $423K after defaulting on Golden HQ lease, landlord says
The fast-casual chain founded in a Boston suburb has been headquartered in Golden for 27 years.
Firm planning condos adds to Cherry Creek development site with $2M buy
Property Markets Group has now paid $29 million for land in the 100 block of Saint Paul and Steele streets.
Marquee downtown office towers land in lending ‘purgatory’
Higher interest rates and the lingering effects of the pandemic have caught up to two Brookfield buildings.
Starbucks, restaurant in works for new stretch of United gates at DIA
Yearly rent is either $1.42 million (about $192 a square foot) or a percentage of gross sales.
Development firm launched by ex-Zeppelin partners makes first buy
“It’s a commercial building with some character that borders an established residential area,” said Justin Croft of Natural Object.
Rockies plan for plaza across from Coors Field heads to council
The team first detailed its vision for the corner of 21st and Blake streets in late 2020.
Larimer Square owner pays $40M for Platte Street buildings
It’s the second-biggest local buy for Asana Partners, trailing only the $92 million paid for the city’s most famous block.
Elitch Gardens owners pay $7M for site south of Meow Wolf
Billionaire Stan Kroenke and Rhys Duggan’s Revesco Properties have added to their expansive holdings in the area.
COVID shutdowns no excuse not to pay commercial rent, appeals court rules
The Colorado Court of Appeals sided with a landlord in Highlands Ranch over its former fitness center tenant.