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A correction to the article below in yesterday's email.
The site acquired by the Adolph Coors Foundation is
actually 18,750 SF of land so the price is actually
$191/SF of land.
The office and retail buildings at the
NWC East 2nd
Avenue / St. Paul Street sold to the
Adolph Coors Foundation recently for $3.59 million. The
Colorado Real Estate Journal reports that John Jackson,
the Foundation's executive director said that any
redevelopment would likely include a "permanent home"
for the Foundation. The buildings contribute relatively
little to the 12,500 SF site and the price is equivalent
to $287/SF of land.
Sorry for any inconvenience and thanks to a a subscriber
for the correction. |
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