Colliers International Multifamily Advisory Group announced the sale of the iconic AT Lewis and Rio Grande Lofts, a mixed use, 120-Unit over 43,000 square feet of retail property in downtown Denver. The property spans three structures along Stout Street from the corner of the 16th Street Mall encompassing three buildings. The property was sold by a local private partnership and acquired by FPA Multifamily out of California.
“This property was one of the most highly sought-after assets that we’ve marketed due to its attractive infill location; across the street from light rail and on the 16th Street Mall” stated Craig Stack whom along with fellow broker Bill Morkes marketed the property for sale. “We spoke with investors locally, nationally and internationally that were seeking to enter the Denver Market” added Morkes.