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Thomas Gounley
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Small, vacant LoDo office sells for $1.5M to engineering firm
Marco Campos told BusinessDen the company intends to remodel the 1509 Blake St. site and move one of its offices closer to Union Station into the building.

Hotel near Centennial enters foreclosure after maturity default
Ready Capital filed to foreclose on the Even Hotel on South Clinton Street, saying ownership still owed $8.1 million in principal.

Farbers sell LoHi apartment development site for $9.5M
The Farber brothers have sold a site in LoHi with approved development plans, and a groundbreaking is imminent.

Hotel, credit union next to Central Park homeless shelter find a buyer
A credit union and hotel that flank a homeless shelter at the edge of Denverâs Central Park neighborhood have sold to the same buyer.

Fentress sells Broadway buildings to Magnetic Capital for $13M
Architect Curtis Fentress has sold two buildings along Broadway in Denver, including one where his firm has long operated.

Development authority hopes to create some ‘buzz’ about Denver Pavilions’ future
The Denver Downtown Development Authority hopes a visit this spring from members of a real estate industry association will help determine the future of the Denver Pavilions mall.

Distressed Aurora office buildings to sell at 80% discount
The buildings, which combined total 409,000 square feet, are currently owned by an affiliate of Austin, Texas-based Pennybacker Capital, which paid $39.7 million for them in June 2018.

DTC landlord defaults on loan amid âbeyond badâ local office market
âThe Colorado office market is a joke. It is beyond bad,â said Pat Melton, director of leasing for the Canadian firm Melcor.

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.