It’s only about 25 percent leased but that was attractive. “We’re deep-value guys, so we like vacancy,” said the buyer.
Renovations planned as four-story LoDo office building sells for $8M
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].
Matt Joblon sells hotel in Cherry Creek for $51M
RLJ Lodging Trust paid about $301,000 per room for the 170-room hotel, which opened in 2017 as the neighborhood’s cheaper lodging.
Third law firm leases space at Denver’s newest skyscraper
It will join Sherman & Howard and Haynes and Boone at Block 162, the 30-story building at 675 15th St.
Judge in Amazon-Watson case ‘reluctantly’ recuses himself
“Perception of the fair administration of justice … is of the highest importance to the court,” wrote Liam O’Grady, whose wife had owned about $22,000 worth of Amazon stock.
Sakura Square owners prepare to redevelop downtown block
But “demolition and construction are still years away,” CEO Gary Yamashita said of “the only remnants of the once-thriving, multi-block Japanese community.”
Developers behind eye-catching RiNo project also building in Aurora
The team putting up One River North, which will feature a gash of greenery, went with a more conventional design for a new 370-unit apartment complex.
Boom Supersonic leases massive Centennial office
Boom Supersonic plans to break ground on a manufacturing facility in 2022, begin production in 2023 and roll out a completed aircraft in 2025.
Westminster’s Orchard Town Center sells for $103M
The open-air shopping mall, which has about 1.2 million square feet, last sold in 2013 for $124 million.
Moye White will be first large law firm to relocate from downtown to RiNo
“We’re innovative, pioneering,” said a managing partner after leasing 42,000 square feet in speculative office building going up in RiNo.
Larimer Square owner pays $13.5M for LoHi building
The 40,000-square-foot Wheeler Block Building at 2150 W. 29th Ave. and a parking lot last sold in 2016 for $7.8 million.
