The Aurora, Colo.-based community will open in 2025. Legacy Partners and Griffin Capital Co. have broken ground on Legacy Metro 525, a 380-unit, transit-oriented apartment community in Aurora, Colo.
Apartment developer pays $20M for furniture store block at Broadway, Evans
BizDen file)
It’s time to pack up the furniture.
Dallas-based Trammell Crow Residential earlier this month paid $20 million for the entire block at the southwest corner of the intersection of Broadway and Evans Avenue, according to public records.
The lot was sold by the Helmstaedter family, which operated EMW Carpets & Furniture on about half the block before its closure in recent weeks. Brokers Wade Fletcher, Mike Kboudi, Jim Capecelatro and Joey Dybevik of Cushman & Wakefield represented the seller.
Englebert H. Wagenblast and his wife Elizabeth Mary Wagenblast, whose initials formed the name of the business, started EMW from their home at the site in 1923, according to the company’s website. The store had been owned by the same family since inception.