Cheesman Park building sells for first time since 1968 completion, local joint venture pays $20M for Westminster retail and a hotel by DIA sells.
Cheesman Park building sells for first time since 1968 completion, local joint venture pays $20M for Westminster retail and a hotel by DIA sells.
The deal comes seven months after 1900 Lawrence broke ground, and more than a year ahead of its completion.
Mortgage lenders are facing challenges as a rise in interest rates has slowed home sales and ended a refinancing boom.
Kenneth Monfort and partners have also begun work on Riot House down the block from Dierks Bentley’s Whiskey Row.
Zeppelin Development has been trying to sell the four-story building at 3501 Wazee St.
“Why not landmark your house?” Councilwoman Amanda Sawyer asked one of the applicants working to preserve the structure.
The developer reached the deal with landowner Barry Hirschfeld.
Virginia-based CarLotz has hit a lot of speed bumps since going public through a SPAC deal in 2021 and its stock price has plummeted.
“I believe in the long-term future of Denver,” said the buyer, who paid $14.5 million for the bulk of the 24-story office tower at 518 17th St.
“We outgrew it a long time ago,” said Prestige Imports’ general manager of its current building, which also houses an Audi dealership.
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