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Denver's Cherry Creek "submarket" has an office vacancy rate closer to 8.5% with several office developments underway, not to mention retail and multi-family residential.
The 587-unit The Seasons of Cherry Creek apartment complex at 3498 E. Ellsworth Ave. was purchased Monday by Denver-based Broe Real Estate Group, according to the firm.
The three-building complex east of the mall has 587 units and last sold nearly two decades ago.
The company and its affiliates have opted not to move into 200 Clayton after all.
Gov. Polis accepted $1.5 million from oil and gas companies, dark-money political groups and others for his 2023 inauguration.