An apartment building goes for $800 per square foot, Temaki Den takes more space in RiNo’s The Source, and a LoHi corner building sells.
The Pipeline: Commercial real estate deals for 3.25.22
Denver
Cherry Creek corner slated for office building, then condos, up for sale
The 0.29-acre site is back on the market for $11 million. The CEO of Bow River Capital paid $6.8 million for it in 2019.
Startup fund that buys residential rentals raises $26M
“When the best venture capital firm in the world calls, you answer the phone,” said Flock Homes founder Ari Rubin of the funding round led by Andreessen Horowitz.
The Docket: Real estate lawsuit roundup for 3.24.22
A doctor sues another doctor over an office sharing agreement at a Cherry Creek surgical center. Several landlords seek unpaid rent.
Voicebox Karaoke owner claims landlord pushed him out of RiNo
Outdoor brand Arc’teryx will replace the lounge at 2601 Walnut St. But Scott Simon said Voicebox didn’t want to leave.
Arc’teryx replacing Voicebox Karaoke in RiNo
The Vancouver-based brand closed a Cherry Creek location in January. It will join a stretch in RiNo with Patagonia and Burton.
Cap Hill Mexican restaurant that closed in 2020 to reopen
Benny’s Restaurant & Cantina at 301 E. 7th Ave. will have a new look and a slightly different name, said owner Benjamin Armas.
Building permits 3.23.22
A new building for $38 million at 3595 Wynkoop St. and an alteration for $20 million at 8400 Pena Blvd. in Denver were the week’s top building permits.
Site across from Coors Field rezoned as developer allays Rockies’ concerns
A parking lot can become a building up to eight stories, but a deal limits the height to 102 feet and requires that the stadium’s field not be visible from the upper floors.
Investor accuses Denver gum maker, CEO of fraud in suit over CBD product
The head of Kiss Industries, Cole Evans, settled with Colorado’s AG over hand sanitizer misrepresentations in 2020.
