Massage school owner buys Santa Fe Drive building from Taoist Tai Chi Society

12.31D Lincoln Park building

Hillary Hilliard stands in the building she purchased at 1124 Santa Fe Drive in Denver. (Photos courtesy of Hillary Hilliard)

In Lincoln Park, tai chi is out and estheticians are in.

Earlier this month, the Taoist Tai Chi Society sold its building at 1124 Santa Fe Drive, where it had ceased classes during the pandemic. The buyer was the nearby Denver Integrative Massage School, which plans to use it for its affiliated school offering instruction in facials, waxing and the like.

Sean Dennison, executive director of the tai chi society’s U.S. operations, said the organization sold its only local property because it wants to offer programs throughout the Denver metro area, “closer to where people live.” It’s too early to say how that would work, he said, but it could involve leasing space, or striking agreements with community centers.

The society purchased the approximately 3,800-square-foot building and the parking lot next to it for $525,000 in 2008, according to public records.

The Denver Integrative Massage School, acting as 1124 Santa Fe LLC, paid $1.7 million last week, records show.

Founder Hillary Hilliard started the business in 2010, originally leasing space in LoHi. Two years later, she bought the building at 1221 Galapago St., paying $285,000, records show.

Hillard has since founded sister schools, the most in-demand of which is her School of Botanical and Medical Aesthetics (Hillard uses the British spelling, which adds an “a” to the word). Of her approximately 350 students last year, she estimated 200 to 250 were there to learn esthetics, from brow extensions to makeup.

“That’s our most popular program, the most students,” she said.

12.31D Lincoln Park building Secondary

A student receives an esthetics treatment.

When the course ends, students take an exam in order to become state-certified.

A year ago, running out of space on Galapago Street, Hilliard signed a short-term lease along South Broadway, holding classes at both locations. When it came time to find a spot to buy, the Santa Fe building “checked all the boxes,” although it felt very expensive compared to her 2012 buy.

The building’s wide open space works well for instruction, Hilliard said. And the building’s past was a plus for a self-identified “hippie granola” type.

“I love the vibe of the place, too, that it used to be tai chi,” she said.

Hilliard said she expects students and instructors to begin using the building in January. Her other schools will continue operating from the Galapago location.

John Livaditis of Axio Commercial Real Estate represented the Taoist Tai Chi Society in the sale. Hilliard was represented by her husband, Adam, of Step Real Estate.

Other recent sales along the corridor include the $4.1 million sale in May of 1275 Santa Fe Drive, and the $8.7 million sale last month of lots in the 1000 block of Santa Fe Drive and Inca Street. Apartment buildings are planned for both sites.

12.31D Lincoln Park building

Hillary Hilliard stands in the building she purchased at 1124 Santa Fe Drive in Denver. (Photos courtesy of Hillary Hilliard)

In Lincoln Park, tai chi is out and estheticians are in.

Earlier this month, the Taoist Tai Chi Society sold its building at 1124 Santa Fe Drive, where it had ceased classes during the pandemic. The buyer was the nearby Denver Integrative Massage School, which plans to use it for its affiliated school offering instruction in facials, waxing and the like.

Sean Dennison, executive director of the tai chi society’s U.S. operations, said the organization sold its only local property because it wants to offer programs throughout the Denver metro area, “closer to where people live.” It’s too early to say how that would work, he said, but it could involve leasing space, or striking agreements with community centers.

The society purchased the approximately 3,800-square-foot building and the parking lot next to it for $525,000 in 2008, according to public records.

The Denver Integrative Massage School, acting as 1124 Santa Fe LLC, paid $1.7 million last week, records show.

Founder Hillary Hilliard started the business in 2010, originally leasing space in LoHi. Two years later, she bought the building at 1221 Galapago St., paying $285,000, records show.

Hillard has since founded sister schools, the most in-demand of which is her School of Botanical and Medical Aesthetics (Hillard uses the British spelling, which adds an “a” to the word). Of her approximately 350 students last year, she estimated 200 to 250 were there to learn esthetics, from brow extensions to makeup.

“That’s our most popular program, the most students,” she said.

12.31D Lincoln Park building Secondary

A student receives an esthetics treatment.

When the course ends, students take an exam in order to become state-certified.

A year ago, running out of space on Galapago Street, Hilliard signed a short-term lease along South Broadway, holding classes at both locations. When it came time to find a spot to buy, the Santa Fe building “checked all the boxes,” although it felt very expensive compared to her 2012 buy.

The building’s wide open space works well for instruction, Hilliard said. And the building’s past was a plus for a self-identified “hippie granola” type.

“I love the vibe of the place, too, that it used to be tai chi,” she said.

Hilliard said she expects students and instructors to begin using the building in January. Her other schools will continue operating from the Galapago location.

John Livaditis of Axio Commercial Real Estate represented the Taoist Tai Chi Society in the sale. Hilliard was represented by her husband, Adam, of Step Real Estate.

Other recent sales along the corridor include the $4.1 million sale in May of 1275 Santa Fe Drive, and the $8.7 million sale last month of lots in the 1000 block of Santa Fe Drive and Inca Street. Apartment buildings are planned for both sites.

This story is for our paid subscribers only. Please become one of the thousands of BusinessDen members today!

Your subscription has expired. Renew now by choosing a subscription below!

For more informaiton, head over to your profile.

Profile


SUBSCRIBE NOW

 — 

 — 

 — 

TERMS OF SERVICE:

ALL MEMBERSHIPS RENEW AUTOMATICALLY. YOU WILL BE CHARGED FOR A 1 YEAR MEMBERSHIP RENEWAL AT THE RATE IN EFFECT AT THAT TIME UNLESS YOU CANCEL YOUR MEMBERSHIP BY LOGGING IN OR BY CONTACTING [email protected].

ALL CHARGES FOR MONTHLY OR ANNUAL MEMBERSHIPS ARE NONREFUNDABLE.

EACH MEMBERSHIP WILL ONLY FUNCTION ON UP TO 3 MACHINES. ACCOUNTS ABUSING THAT LIMIT WILL BE DISCONTINUED.

FOR ASSISTANCE WITH YOUR MEMBERSHIP PLEASE EMAIL [email protected]




Return to Homepage

POSTED IN Commercial Real Estate

Editor's Picks

Leave a Reply

Your email address will not be published. Required fields are marked *