A new-to-Denver multifamily developer has acquired land for its first project in the city. Sponsored Content You’re maxing your tech “muscle.” You’ve increased speed, storage capacity, apps, cell services, etc. And along with all this new power you’ve created even greater mountains of data. And you protect it with …? EVEN MORE TECHNOLOGY, OF COURSE. Firewalls, back up storage and servers. But, is that even enough? Charlotte-based Crescent Communities and equity partner Dart Interests paid $23.7 million this week for 1300 40th St. The lot is 117,486 square feet, or 2.7 acres. That makes the deal worth $202 a square foot. BusinessDen reported in June 2019 that Crescent had submitted a development proposal for the site, which is home to a large industrial building previously leased to New Tech Machinery.