
The buyer is a Denver developer with family ties to the restaurant’s leadership. The seller paid $13.8 million for it in 2015.
The buyer is a Denver developer with family ties to the restaurant’s leadership. The seller paid $13.8 million for it in 2015.
“It’s really designed for where we’re going, not necessarily where we are today,” Matt Joblon said of buying the site for a planned apartment building.
“The late opening date is a result of the permit process and also the fact that we have to repurpose the building,” said the CEO of Hai Hospitality.
A southeast Denver office building sells for $8.5M and Schwab leases retail space in an under-construction Cherry Creek building. Plus see every broker-reported deal.
He sold 250 Steele St. for $14 million in March, and claims a float studio owes $235,000, an eyelash studio owes $57,000 and a nail salon owes $56,000.
The buyer plans to develop an 85-unit, eight-story building on 0.72 acres, making the deal worth $928 a square foot based on the land.
The as-yet-unnamed spot will replace Coda Studio in the building next to Aviano Coffee.
Le Colonial, which will combine Vietnamese and French cuisine, is affiliated with Le Bilboquet, the French eatery that opened nearby in 2019.
They sold for $9 million each. The three next priciest home sales ranged from $7.1 million to $8.5 million.
The 0.29-acre site is back on the market for $11 million. The CEO of Bow River Capital paid $6.8 million for it in 2019.
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