REAL ESTATE DECISION SUPPORT

Two anchor tenants were announced for a $120 million mixed-use complex planned for part of the Sears Roebuck property on East 1st Avenue near University Boulevard in Denver's Cherry Creek North neighborhood. Janus Funds will occupy a 120,000 square foot office building and the owners of Hotel Teatro in downtown Denver, Michael Brenneman and Jeff Selby, will operate a 140-unit boutique hotel. The project, recently approved by Denver City Council, is being developed by a joint venture of Nichols Partnership of Denver and Madison Marquette of Cincinnati. In the addition to the hotel and office building the complex will contain retail space and residential units.