
The company cut its footprint in the Wells Fargo Center at the end of last year.
The company cut its footprint in the Wells Fargo Center at the end of last year.
A judge ultimately sided with lender Wells Fargo rather than Zeppelin Development, which said it is appealing.
The RiNo office building, just six years old, houses the headquarters of Alterra, as well as a food hall. “This is not a situation of a loan that’s termed out or substantially un-leased,” the developer said.
Someone new is manning the Cash Register Building.
The office tower’s loan has been in special servicing for months. Wells Fargo joins WeWork in trimming its presence there.
The office tower’s loan is in special servicing. WeWork also recently closed a location on Platte Street.
“This is not an easy decision or one that we take lightly,” a spokesman for the area’s largest banking chain said.
Fewer customers are banking in person, the company said, so its branch at Blake Street and the 16th Street Mall is no longer needed.
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