The former industrial property sold for $225 per square foot, $14 psf more than a large site across the street that an apartment developer snatched up in late October.
Hines and partners pay $11M for site of planned office project in RiNo
Thomas Gounley
Thomas covers commercial real estate and development. He is a graduate of the University of New Hampshire and previously worked as a business reporter at the Springfield News-Leader. Email him at [email protected].
Brick manufacturer to close Castle Rock facility; 42 employees affected
Acme spokesman Bill Latham attributed the pending closure to soft local demand for brick, and the high cost of shipping brick from Castle Rock to markets with more demand.
The Pipeline: Commercial real estate deals for 11.9.18
A small energy law firm is moving within downtown, a City Park West office building sells for $2.5M and Newmark Knight Frank reports the week’s largest lease
See the winners of the 2018 Mayor’s Design Awards (slideshow)
Seventeen Denver projects, from a colorful crosswalk to a bus shelter to office buildings, have been highlighted by Mayor Hancock for excellence in architecture, design and placemaking.
RiNo apartment complex sells for $91M
The 300-unit The Marq at RiNo has sold and is being rebranded as Waterford RiNo.
Canadian developer proposes 38-story condo project downtown
Amacon purchased a parking lot and Shelby’s Bar & Grill building at Broadway and Glenarm Place in March for $8.8 million.
Office sale near Union Station sets record for price per square foot
Invesco Real Estate paid $69 million for the office and parking portions of Union Tower West, at 1801 Wewatta St. The building’s hotel space was not part of the deal.
Boulder brewery files for Chapter 11 bankruptcy
Two attempts at expansion came back to bite Fate Brewing Co.
Platte Street office building anchored by WeWork sells for $46M
The Lab on Platte was constructed in 2015, and the sale price works out to $579 a square foot.
Locally funded startup ‘run as a Ponzi scheme,’ manager repaid relatives first, lawsuit says
The court-appointed receiver overseeing a fund and startup controlled by Harvard MBA Tyler Tysdal claims in four recent lawsuits that friends and family were improperly paid back first.
