
The property sold for $2.9 million.
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The property sold for $2.9 million.
The buyer wasn’t able to wait to see if a proposed rezoning is approved.
“It’s one of those corners that everyone in Denver seems to know,” said Jake Malman, who paid $1 million.
The building is 35 percent leased.
A nine-figure apartment deal in the suburbs, a $28 million loan for a large retail buy and other sales and leases.
The buyer is a housing cooperative. “When I saw that building I knew that we wanted it.”
“Office vacancies are 50-60 percent around there, homelessness was up, mall construction took forever — all those factors negatively impacted the property,” said Doug Antonoff.
The current owner assembled the nearly 2-acre site over the course of decades.
The firm, which does a lot of metro district work, is closing two suburban offices and combining them into one.
“The near-to-intermediate future you won’t see a major change in how much parking is built into projects,” one developer said.
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