Colliers reports the following deals: Westside Investment Partners, acting as ACM Kalamath VII LLC, purchased 50 S. Kalamath St. in Denver for $16.5 million from RLF I – Kalamath SPE LLC. Tim Shay and Tyler Ryon represented the seller. Laser Exhibitor Service of Colorado Inc. leased 12,672 industrial square feet at 2500 W. 4th Ave…. Read more »
“We’re starting to see tenants move from the Tech Center and move from downtown,” said one panelist.
The seller bought the land in December 2016 for $33.45 million.
The new owner asked a court to appoint a receiver to remove Dragul from the property.
But Michael Eisenstein says he could also just opt to keep 1901 Arapahoe St. as a parking lot.
“I think that area is going to be the next RiNo,” said Westside Investment Partners founder Andy Klein, who is also working to buy the Park Hill Golf Club.
An entity associated with the Salazar family says the Town & Country Motel has created ‘an environment that encourages criminal conduct.’
A different apartment developer has taken a liking to the Evans School and the massive parking lots that surround it.
The seller developed the property more than a decade ago.
Amacon purchased the bar’s building and an adjacent parking lot last year for $8.8 million.
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