Five acres in Arvada are bought for nearly $1 million, a $5 million Denver apartment building changes hands, and more in this week’s CRE roundup.
The Pipeline: Commercial real estate deals for 3.31.17
Amy
Amy DiPierro is a BusinessDen reporter who covers residential real estate, nonprofits, startups and more. She is a graduate of Swarthmore College. Email her at [email protected].
Four RiNo acres trade for $19M; apartment towers planned
Four-hundred more apartments are in the works for a riverfront parcel in the Denargo neighborhood that just sold for $4.6 million per acre.
Online clothier plants first Colorado brick and mortar
A web-based men’s clothing brand has leased space in Cherry Creek, and plans to open a store there by the end of the year.
Red & Jerry’s OTB closes; building fetches $7.5M
After 20 years, the off-track betting sports bar and event venue has cashed in a winning real estate ticket.
New operators take over RiNo restaurant; plan beer garden
The owners of Historians Ale House on South Broadway plan to convert Jake’s Sports & Spirits on 38th Street into a German-style restaurant and beer concept.
Nonprofit trades in prime real estate as part of consolidation effort
A Denver nonprofit is unloading a pair of properties – one on Colfax Avenue and one in Congress Park – and consolidating its services at one site in Virginia Village.
Ad tech startup pushes into expanded Broomfield office
After a decade at its office in Westminster, the firm’s 250-plus Denver employees will file into a larger workspace.
Dentist to plant roots in RiNo development
In a neighborhood known for hip infill projects, there’s no place to fill in a cavity.
SoCal firm nabs $10M apartments; plans renovations
A Southern California firm has snapped up its second Denver property, an apartment complex west of Federal Boulevard, for $10.7 million.
3-year-old marijuana real estate fund raises $12M
The fund, which lends money for marijuana-related real estate transactions, returns about 10 percent to investors and has raised more than $11 million.
