The company paid $675,000 for the property in 2004 and its CEO said it needed the profits from the sale to offset the pandemic.
Restaurants
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Ken Wolf sues RiNo landlord to extend leases for Sushi-Rama, Il Posto
“We should be acting like partners, not adversaries,” he said of the firm that paid $55 million for his real estate holdings, making him its biggest local tenant.
Brunch chain for bacon lovers opening third local location
Bacon Social House signed a lease for the 2,500-square-foot space at 2160 S. Broadway in 2019 but the pandemic delayed its debut until Friday.
Mall owner counterclaim: Hard Rock Cafe used pandemic as excuse to close
The chain asked a judge in January to rule it can terminate its lease for the 16th Street Mall restaurant, which has been shuttered since last March.
Q&A: Maria Empanada founder on Tuesday visit by Vice President Harris
Lorena Cantarovici said she learned Monday that Harris wanted to host a discussion about the COVID relief bill at her South Broadway restaurant.
Restaurants adding service charges to address employee wage gap
The extra fees, ranging from 3.5 percent to 20 percent, debuted during the pandemic but will likely remain after it ends.
Entrepreneur flips Cherry Creek eatery into fitness machine showroom
Fitness startup CLMBR, which has some famous fitness investors, is taking over the Corner Beet as a new showroom.
Left Hand Brewing opening a restaurant next to RiNo’s Mission Ballroom
An earlier plan to land in Curtis Park fell apart, so the Longmont brewery found another spot for its expansion into Denver.
Stoney’s to open third pub in Denver along South Broadway
The landlord said the lease will let Stoney’s Cantina pay part of its rent as a portion of sales until COVID restrictions are removed.
With demand rising, Highlands bakery moving to bigger space in Berkeley
“We’re going to double pastry production and quadruple bread production,” said Bakery Four’s Shawn Bergin, who is taking the retail space in a new hotel.