
Aurora apartment complex goes for $29M, central Denver industrial building fetches $8M and Castle Rock retail changes hands.
Aurora apartment complex goes for $29M, central Denver industrial building fetches $8M and Castle Rock retail changes hands.
“Given the current economic conditions, we made the decision to accelerate our path towards profitability,” CEO Mark Frank said.
The expected price tag is now $9 million, up from when Mayor Michael Hancock and Congresswoman Diana DeGette announced the planned buy in May 2021.
Ignore emails, skip meetings and don’t answer the phone, staff in one Denver department have been told.
Robin Kniech called the decision a “heartbreaker.” Paul Kashmann said he “will hate to see it go.” But both voted against preservation.
It’s the third most ever paid for a residential property in the Denver area.
The existing retail buildings at the southwest corner of 3rd and Josephine are occupied by a Chinese restaurant and a dry cleaners.
The hotel sold for less than it did in 2013.
Apartments by DU fetch $41M, Centennial bowling alley sells and a Vietnamese restaurant takes space by East High.
On Wednesday, the Welton lot sold for $8 million, then was resold for $4.7 million. That’s not a typo.
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