“The Receiver believes that if the food hall tenant defaults and is forced to close, it could have a significant negative impact on the potential price of the building.”
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“The Receiver believes that if the food hall tenant defaults and is forced to close, it could have a significant negative impact on the potential price of the building.”
The former occupant cut its local office footprint by 85% in a move to Greenwood Village.
SweatHouz, which already has a location on South Broadway, is warming up a new spot on one of Denver’s hottest streets.
“Everywhere we turned it was people saying that Denver is going to be the immersive center of the universe,” said Blair Russell.
“It’s hard to pencil without some financial support,” one of the building owners said.
“In today’s market, I would say that’s an average price,” one downtown parking lot owner said.
There were 270,000 more square feet available in the heart of Denver at the end of June compared with the end of March.
It’s a tough time for the office sector. But the situation at Rev360 still stands out.
An existing building formerly home to a local bike shop would be torn down.
The company says a roof dispute could force it out of 3600 E. 48th Ave. and disrupt city recycling services.
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