The office supplier plans to focus on its IT services and expects retail to be less than 20 percent of the company’s sales.
Commercial Real Estate
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Office Depot closing three Denver-area stores, including downtown
Ken Wolf sues RiNo landlord to extend leases for Sushi-Rama, Il Posto
“We should be acting like partners, not adversaries,” he said of the firm that paid $55 million for his real estate holdings, making him its biggest local tenant.
Brunch chain for bacon lovers opening third local location
Bacon Social House signed a lease for the 2,500-square-foot space at 2160 S. Broadway in 2019 but the pandemic delayed its debut until Friday.
Assessor: Commercial property valuations to drop for first time in decade
“Hotels will go down the most on a median standpoint, followed by retail, then offices,” Denver Assessor Keith Erffmeyer told BusinessDen.
Law firm’s first move in 45 years gives newest skyscraper its first tenant
Sherman & Howard’s 60,000-square-foot lease at Block 162 is the largest signed downtown since late 2019.
Denver Mart’s wholesale tenants forced to vacate after decades at location
The 56-year-old complex of showrooms in Adams County will be shuttered at the end of March. The property is being sold to a developer.
Shake Shack-anchored RiNo project sells for $16M
The 0.6-acre site houses the burger chain’s inaugural Colorado location, as well as Odell Brewing Co. and a three-story office building.
Venture X takes over coworking space in Five Points apartment complex
Another change at The Lydian will be the Welton Room cocktail bar quadrupling its 800-square-foot space on the ground floor.
Mall owner counterclaim: Hard Rock Cafe used pandemic as excuse to close
The chain asked a judge in January to rule it can terminate its lease for the 16th Street Mall restaurant, which has been shuttered since last March.
Proto’s Pizzeria owner opening old-school bar in adjacent space along Platte
“It’s the tiniest place you’ve ever seen,” said Pam Proto of the 665-square-foot Nearby Bar. “We’re hoping to open first week of May.”