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Fresh off $38M sale, Greyhound looks to unload its other big site in Denver

Fresh off $38M sale, Greyhound looks to unload its other big site in Denver
Thomas Gounley photos)
Greyhound wants to travel a familiar route.
Fresh off finding a buyer for the full city block downtown where its bus station used to be, the Dallas-based transportation company now wants to sell its other major land holding in Denver.
The site, which Greyhound has controlled since the 1980s, consists of multiple parcels across two adjacent blocks in Five Points:
– 2450 Curtis St., a 0.93-acre parcel with about 37,000 building square feet on it, according to property records. It serves as a maintenance facility for Greyhound. ....

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With landmark fight over, developer closes on purchase of Carmen Court

With landmark fight over, developer closes on purchase of Carmen Court
BusinessDen file)
Carmen Court has sold.
The condominium complex at 900 E. 1st Ave., just off Speer Boulevard, was purchased last week by Houston-based developer Hines.
According to public records, the company paid $1 million each for the complex’s six units so $6 million total in order to secure the entire building and the approximately 0.4-acre lot it sits on.
Hines also purchased three single-family homes to the south of the Carmen Court property, paying a combined $2.8 million for those lots.
In sum, that means Hines paid $8.8 million for about two-thirds of an acre, or approximately $300 a square foot. Broker Roche Fore of Roche & Company represented the sellers in the deal. ....

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