Stoltz Real Estate Partners tracked down another historic building in Lower Downtown to add to its growing portfolio of Denver office assets.
The 18th Street Atrium, which Stoltz bought in a $44 million, off-market deal, is the largest of four historic brick-and-timber buildings the company has acquired in LoDo. The 117,469-square-foot building is located at 1621 18th St., a block away from Denver Union Station.
The 18th Street Atrium was built as a fruit and vegetable warehouse in 1919 and converted to office space in the early 1980s. The office spaces surround an atrium that bathes the building’s four-story interior in natural light.
Seller Toma West collected $374.57 per sf for the building. The deal also included a parking garage at 1890 Wynkoop St.
Read the entire article in CREJ’s Jan. 6-19 issue.
