
The grocer has been leasing office space in Union Station North.
The grocer has been leasing office space in Union Station North.
Shea Properties wants to convert the vacant office building into an income-restricted apartment building.
The tech company’s landlord at 1900 16th St. wants to sell the 17-story tower.
South Broadway retail property fetches $1M, and more sales and leases.
“This is the kind of asset that we have been buying for more than 20 years.”
Further east in the University Hills neighborhood, a similar project is a bit further along.
“I wouldn’t want to be going before council with this many neighbors upset with me,” a Planning Board member said in May.
“Office is changing. The buildings that respond to that change are the ones that are going to succeed,” says Sean Perlmutter.
It’s the first sale since 2005 for the property that counts Chipotle and Starbucks as tenants.
Cherry Creek apartments sell for $23 million, and more sales and leases.
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