Another developer has planted its flag on Five Points’ construction row with a $1.15 million purchase.
Denver
Q&A: Indoor ski center's Saddler Merrill
An indoor snow sport idea imported from the Netherlands has carved into its Centennial home. BusinessDen asked Merrill why he thinks ski bums will jump at the chance to hit her indoor slopes.
Pipeline: Commercial real estate deals for 7.22.16
An eight-figure industrial space buy and superfruit specialists among this week’s real estate moves.
Globeville property sells for $13M
A pair of Denver developers closed a seven-figure land deal in northern Denver this week.
Pipe manufacturer to lay off dozens by February
The Vancouver, Washington-based company also announced it will close a manufacturing facility near the I-76 and I-25 junction, in order “to sharpen our focus on margin over tons and reduce costs.”
Golden Triangle parking lots trade for $4.5M – double their 2012 price
A surface lot in the booming Golden Triangle has changed hands, and the seller raked in twice what it paid four years ago.
Ad firm sued for overdue invoices
Former advertising darling Factory Design Labs has been sued for stiffing media outlets on a $50,000 bill. Last week, New York-based National Cable Communications (NCC), which purchases ad space on pay TV and other media on behalf of advertisers, joined several magazines that claim the Cherry Creek-based firm failed to pay its bills. NCC sued… Read more »
United to add 200 jobs at Stapleton training center
Construction crews need to toggle more than $10 million into the aging Stapleton building before United’s 12,000 pilots can practice their takeoffs and landings on new flight simulators.
BMC Investments unloads 600-unit apartment complex for $80M; paid $40M in 2012
BMC said it raised rent 12 percent a year after buying the 30-acre project in 2012. Last month the Denver-based firm sold the complex to Denver-based Arel Capital.
Volunteers of America digs in on $19M Montbello project
Colorado nonprofit Volunteers of America started work on doubling the size of its northeast Denver senior living complex.