The company purchased 2425 S. Downing St. in December, paying $2.5 million, according to public records.
Thomas Gounley
The Pipeline: Commercial real estate deals for 1.17.20
Newmark Knight Frank reports the following deals: Eight Denver-area apartment complexes representing 2,500 units were among 36 complexes that made up Aragon Holdings LLC’s national portfolio, which sold this week for $1.85 billion to Harbor Group International. It was the fifth-largest multifamily sale in U.S. history, and the largest since 2016. The Denver-area complexes are… Read more »
Vacant LoDo building fetches $6.5M; construction consulting firm to move in
It’s the first transaction for the new LoDo-focused firm launched by Ross Ethridge, formerly of Sognare Partners.
Plans propose conversion of 12-story building along 16th Street Mall into hotel
In addition to traditional office tenants, the University Building’s upper floors are also home to a number of retail jewelry shops.
New tenants named for former Tavern Downtown, Cowboy Lounge spaces in LoDo
One is El Tejano, a Tex-Mex restaurant that has three locations in the Los Angeles area.
Declaration Brewing files for Chapter 11 bankruptcy
The brewery has a taproom at 2030 S. Cherokee St. in Denver’s Overland neighborhood and also distributes its brews.
Developer behind Chicago skyscrapers proposes 30-story office project in Denver
The site is currently a parking lot owned by Buzz Geller’s Paradise Land Co.
New potential buyer would preserve shuttered Berkeley funeral home
The deal in the works replaces a plan that would have seen the funeral home operator sell it to Koelbel & Co, which wanted to demolish the structure.
Uptown building leased to hotel operator Sonder sells for $6.3M
The seller renovated the structure, which was named a city landmark in 2018.
The Pipeline: Commercial real estate for 1.10.20
Newmark Knight Frank reports the following deals: Laramar Nine Mile Station Associates LLC purchased the 336-unit Axis at Nine Mile Station apartment complex at 3257 S. Parker Road in Denver for $78.25 million from 3257 South Parker Road Apartments LLC. Terrance Hunt and Shane Ozment represented the seller. CR Cambridge Communities LLC purchased the 114-unit… Read more »