The city wants the struggling mall to become “the Union Station of Upper Downtown.”
DDA plans $37M buy of Denver Pavilions rather than see it go to lender
Distressed Office
Local developer surrenders partially complete LoHi office to lender
The 2926 Umatilla St. building broke ground in 2022 and was originally expected to be completed within a year.
Downtown, DTC office buildings file for bankruptcy
Both 700 17th St. and Orchard Falls are owned by affiliates of Denver-based Toma West.
Two-tower Denver Energy Center under contract to sell for $5M
The property fetched $176 million in 2013 but was foreclosed on in 2022. The buyer already owns downtown towers.
Five years after completion, this RiNo office building is still empty
It’s a tough time for the office sector. But the situation at Rev360 still stands out.
Distressed Centennial office under contract to sell to adjacent owner
Jonathan Hoehn’s firm paid $22.5 million for Highland Place I. The firm is poised to pay much less for Highland Place II.
Tech firm’s ‘second headquarters’ in Denver dwindling to nearly nothing
The company was made eligible for up to $28 million in hiring-related tax incentives but hasn’t received any money six years later.
Distressed Centennial office hitting the auction block
Highland Place II last sold to a local firm for $14 million in 2021.
Lender forecloses on Unico office complex in DTC
The Seattle-based firm is a major Denver landlord.
Denver office, apartment valuations decline while warehouses increase
Homeowners likely won’t get sticker shock from notices arriving in mailboxes soon.
