Downtown Denver Office Tower Sells For $6M, An 85% Loss

A 17-story Denver office in Uptown sold for a fraction of its last purchase price following a foreclosure that led to the building being repossessed by the lender.

Englewood-based real estate company Homeland and local businessman Craig Clark, who owns Pillows.com, bought the Trinity Place office at 1801 Broadway for $6M, according to the Denver Business Journal. ..

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RSK: Good setup and price for an office conversion to mixed use. Denver has several of these buildings sold for a song and being converted.