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Thomas Gounley
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Wells Fargo sues California-based developer over $18M defaulted loan on Highlands Ranch office building
Wells Fargo is suing Presidio Property Trust over a defaulted $18M loan for Highlands Ranch office building Shea Center II at 1805 Shea Center Drive.

Denver, Centennial spaces available after Amazon Fresh stores are killed
Amazon is looking to move on from two Denver-area properties where it had planned to open Amazon Fresh grocery stores.

South Broadway theater in Denver exits bankruptcy, foreclosure
The Jewel Theater on South Broadway in Denver has avoided foreclosure and exited bankruptcy after Sonquist LLC reached terms with its lender.

QuikTrip buys Denver property despite gas station restrictions
QuikTrip, based in Tulsa, Oklahoma, paid $3 million for the 1.37-acre lot at 1595 W. 48th Ave., according to public records.

Aurora apartment complexes with same owner go bankrupt
A pair of apartment complexes in the North Aurora neighborhood, one of which was briefly overseen by a receiver last year, have filed for bankruptcy.

Storage redevelopment eyed for portion of former VA hospital campus
Building 24 sits on 0.73 acre north of the shuttered main hospital building and east of a parking garage.

Deal coming for still-empty hotel bought by Denver in 2023, city says
The 4-story motel, which Denver boarded up after buying, has yet to house anyone.

Ground lease termination gives distressed downtown tower new owner
Aloha, Columbine Place. The beleaguered 17-story office tower at 216 16th St. in downtown Denver is now owned by the University of Hawaii Foundation.

Four Seasons condo project coming to Cherry Creek
The Four Seasons is looking to go for two in Denver.

Planned downtown office conversion canceled as lender forecloses
One of the three downtown Denver office conversions that had been picked to receive public dollars is now canceled.