A Vietnamese restaurant is planned as a Broadway building sells, plus apartments change hands in Wheat Ridge and Westminster.
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The Pipeline: Commercial real estate deals for 10.14.22
Architects countersue developers of $16M LoHi office building
Elevate Architecture was accused of shoddy design at 32V. But it stands by its work and says the building’s developers owe it money.
Mortenson pays $4M for lot south of Mile High
The contractor wants to build an eight-story, 200-unit building. Atlanta-based Wood Partners also has a multifamily project in the works nearby.
Office Depot closing decade-old store along Colfax in Cap Hill
The location’s last day will be Dec. 10. An Office Depot in Aurora and an OfficeMax in Superior will be shuttered on Nov. 12.
Broe’s OmniTrax to buy Colorado railroad out of bankruptcy
The company has agreed to pay $5.75 million for the San Luis & Rio Grande Railroad, which would be its 26th railroad and add 150 miles to its footprint.
Trimble relocates headquarters to Westminster
Trimble in 2019 purchased a building at 2300 55th Street in Boulder’s Flatiron Park for $12.16 million and put an estimated $12 million in upgrades to the facility. But, as the COVID-19 pandemic hit in 2020, the company opted to sell the building for $21 million and consolidate Boulder operations in Westminster.
Choice Market leases RiNo space for sixth location, first with bar
The local convenience store chain also expects to open two new locations, by DU and the Anschutz Medical Campus, next month.
Building permits 10.12.22
An alteration for $9.3 million at 8900 Pena Blvd. and a new building for $8.5 million at 16298 Green Valley Ranch Blvd. in Denver are the week’s top building permits.
Focus Property Group sells DTC office building for $16M
Securities fraudster Tyler Tysdal was once a tenant in the two-story, 69,855-square-foot building, which last sold four years ago for $10 million.
Photos: Eight real estate pros brawl at NAIOP ‘Fight Night’
Two of four bouts ended with a first-round knockout at the annual event, which raised funds for the Denver Children’s Foundation.