The hotel sold for less than it did in 2013.
Commercial Real Estate
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Kimpton Hotel sells at a loss to Brown Palace owner
The Pipeline: Commercial real estate deals for 12.9.22
Apartments by DU fetch $41M, Centennial bowling alley sells and a Vietnamese restaurant takes space by East High.
Downtown condo developer buys adjacent ground-leased 7-Eleven site
On Wednesday, the Welton lot sold for $8 million, then was resold for $4.7 million. That’s not a typo.
Building permits 12.8.22
New construction in RiNo and Cherry Creek. Plus see all the permits filed in the last week across three counties.
Embattled businessman Gary Dragul sells Florida property to Phillies for $22.5M
The sale sets up a legal fight over where exactly the money will go.
Buyer of former VA hospital campus eyes two redevelopment options
GM Development is preparing to keep an existing parking garage, and possibly the main hospital building.
Kum & Go shutters pump-free stores in Riverfront Park, City Park West
They were part of a pilot program by the Iowa-based company, which will go back to focusing on fuel stations.
Block 162 office tower half leased with addition of software firm
The newest skyscraper in downtown Denver has hit the half-leased mark after a software firm signed on the dotted line. Matillion is taking 29,181 square feet on the 21st floor of the Block 162 tower at 675 15th St., the project’s developer announced this week. The company joins accounting and wealth management firm Moss Adams,… Read more »
The Pipeline: Commercial real estate deals for 12.2.22
Granite Tower owner discloses leases since 2021 buy, industrial properties sell for $33M and an apparel store opens downtown. Plus a few law firms take new space.
Work begins on third Cherry Cricket location, first in suburbs
Work is underway on a third location of Cherry Cricket, the burger-and-beer joint whose roots in Denver date to 1945.
