The property had been listed for $2.95 million and is due for renovations.
Commercial Real Estate
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ViewHouse owner pays $2M for vacant LoDo restaurant building
Council passes East Colfax hotel financing, but bulk of new members vote no
It was the first significantly divided vote on a development-related issue since the current council was seated in July.
Architect sues developer over unpaid work on planned Arapahoe Square tower
Akara Partners has owned the site on Lawrence Street since early 2019.
Disbarred attorney Steve Bachar set to plead guilty to theft Monday
The plea, which is likely to result in prison time, would cancel a Sept. 26 trial.
Real estate investor Gary Dragul sentenced to 120 days in jail for fraud
Friday’s hearing ends Dragul’s criminal cases. A civil trial is scheduled for next month.
Veteran broker: Some older downtown office buildings likely need to be demoed
Evan Makovsky, co-founder of NAI Shames Makovsky, made the comment at BusinessDen’s “The Future of Downtown” event, presented by Brownstein.
The Pipeline: Commercial real estate deals for 9.15.23
An 8k sq. ft. lease is signed downtown, a developer buys an Aurora equestrian property and Cap Hill apartments sell for $5M.
Food hall planned as Westminster agrees to sell Shoenberg Farms buildings
John Crays and Matthew Lawrence are paying just $10 for the dairy barn and other structures, which can’t be torn down.
Johnston to keep staff downtown, not send them home, amidst Webb building refresh
The city plans to temporarily lease three floors in Republic Plaza. The decision will cost taxpayers $5 million.
Startup aiming to expedite development permitting process launches in Denver
Pulley has partnered with Steve Ferris, a local real estate consultant. “All permitting is fundamentally local.”
