A nearly 300-unit apartment complex near the DTC was sold last month for $45 million, and the new owner plans to pump another $5.5 million into renovations.
News
E. Colfax slated for mile-long revamp
The design firm that spruced up Cherry Creek North and the Riverfront District will try its hand at a mile-long stretch of East Colfax.
Boulder’s American Recreation Products sold
The Boulder-based manufacturer of several iconic camping brands was sold to a California firm with plans to bring sleeping bag manufacturing stateside.
Development firms cement merger
Two developers with large-scale projects under their belts have come together to combine their varying skill sets that include retail, senior living and industrial space.
Government office sells to REIT for $20M
A Lakewood property in use by the U.S. Department of Energy was scooped up by a D.C.-based REIT that leases out nearly 2 million square feet to federal government agencies.
Pot-friendly B&B deepens its roots
From “wake-and-bake” breakfasts to 4:20 p.m. happy hours, a Colfax inn caters to the marijuana tourism industry. And after a successful year in business, the operators are moving to buy the property and expand the concept.
Developer kicks off $60M RiNo project
Following in the footsteps of the Taxi development in RiNo, a Phoenix-based firm has broken ground on a $60 million 270-unit apartment project in the neighborhood.
IT whizzes boot up online search service
Three IT consultants have teamed up to launch an online service that they compare to a Yelp for finding tech contractors.
Christy Sports to close two locations, open Littleton megastore
The winter gear retailer has signed a lease on a massive Littleton space that it’s used in the past for seasonal events. The space – about twice the size of the biggest Christy Sports – will allow the company to push its patio furniture business year-round.
Housing nonprofit revamping vacant office
A Lakewood housing authority is overhauling an empty office building and starting new construction that will bring nearly 160 apartments to Alameda Avenue, with most reserved for low-income tenants.