The developer paid $6 million for the 0.71-acre property in 2019, and planned to build an eight-story, 200,000-square-foot building before the pandemic hit.
Site of proposed RiNo office building for $13.5M
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].
Fourth law firm leases space in Denver’s newest skyscraper
Lathrop GPM will join Sherman & Howard, Michael Best & Friedrich, and Haynes and Boone as the only tenants so far in the 30-story Block 162 office tower.
Gart family, Vail Resorts unload Avon commercial space for $11.3M
The retail and office deal was for about 70,000 square feet. More than 100 condos on the building’s upper floors were not included.
RiNo buildings at corner of Walnut and 29th streets sell for $5.7M
The one at 1441 29th St. is leased but the former home of a coworking space for cannabis companies at 2901 Walnut St. was vacant when it sold.
Ballpark office furniture firm under contract to sell property to developer
Elements would relocate and buildings at 2495 and 2501 Blake St. would be replaced with a seven-story, 385-unit apartment complex.
134 undeveloped acres by DIA sell for $18M at bankruptcy auction
The seller, who bought the site for $2.1 million in 2018 and spoke of building a 1,000-home, amphitheater-anchored community, ended up filing for Chapter 11.
Beacon pays $291M for downtown office tower
The 22-story building was completed in 2010 by Denver-based Westfield, which sold it for $213 million in 2011 to last week’s seller Invesco.
Frank Azar strong arms CPAs with lawsuits over tax fiasco
The personal injury lawyer said he owed $786 for 2017, according to court documents. The IRS said he owed closer to $700,000.
‘Storage Castle’ on Colfax Avenue sells for second time in a century
The last deal for the building built in 1926 was in the 1970s. The new owners plan an interior renovation, but the exterior will remain the same.
Sports bar owner by Mile High sells adjacent land for $6M
A seven-story, 216-unit apartment complex is planned. The deal didn’t include The Original Brooklyn’s building and the tavern will continue to operate.
