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June 23, 2016 Comments Off on Denver’s Poet’s Row Sells for $33M Views: 344 California News, Colorado, National News, New York, Northeast, West

Denver’s Poet’s Row Sells for $33M

A 1930s apartment portfolio, known as Poet’s Row in Denver, CO, has been sold to a New York fund for $33.5 million. The seller was Triton Properties Inc., based in Greenwood Village, CO. Justin Hunt with ARA, a Newmark Co., brokered the transaction.

The portfolio takes up close to a full city block between 10th and 11th Avenues on Sherman Street. The 217-unit portfolio, with buildings named after famous poets, has been given an historic designation.

The new owner will upgrade the interiors. Occupation among the portfolio is close to 100%.

Read More at Denver Business Journal

Connect with Triton Properties

Connect with ARA Newmark’s Denver Office

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