DENVER, CO - CBRE announced the $10.8 million sale of Satori Residences, a 24-unit multifamily property in Denver’s Golden Triangle Creative District. Robert Bratley with CBRE’s Denver office represented the buyer, a confidential out-of-state entity. Satori Holdings LLC sold the property in a transaction that closed Dec. 3. Andrew Behrens and Scott Williams in CBRE’s San Francisco office arranged financing for the buyer.
Satori Residences is a newly built, five-story property in Denver’s Golden Triangle neighborhood. Located at 950 Lincoln Street, the property totals 27,954 square feet including 2,346 square feet of retail space with 26-foot ceilings. Due to COVID-19, construction was delayed on the project, and the sale closed prior to the building’s occupancy.