Post Uptown Square is mid-rise apartment community located at 1950 Pennsylvania St. in Downtown Denver. The complex was completed in phases from 1999 to 2001 as part of a redevelopment of the old St. Luke's Hospital.
Post Uptown Square includes 34,000 sf of retail space. The apartment units average 800 sf. An executive with Post could not be reached Wednesday for comment.
Post Properties is a multifamily REIT that develops and manages for-rent and for-sale suburban low-rise properties and urban high-rise developments. The company also converts existing apartment properties to condominiums.
Post's portfolio includes 21,722 units in 61 communities. The Company also is developing 230 for-sale condominium units and is converting 597 apartment units in four communities.
The Bascom Group also recently acquired an apartment property here, 12 miles north of Downtown at 11450 Melody Dr. in the community of Northglenn. The Irvine, CA-based investor paid $12.9 million for the Village at North Hills, a 168-unit luxury community.
The seller was a related entity, Bascom Melody Drive LLLP. Chuck Sweeney and Frank Farrell of Hendricks & Partners represented the seller and James Reed of Lincoln Consulting Group represented the buyer. OMNI Property Management will be providing property management services.
Located near the intersection of I-25 aand West 120th Avenue, the Village at North Hills has a fitness center, pool, spa, garages and clubhouse. The units average 894 sf and include "gourmet" kitchens, dishwasher, washer/dryer, individual air conditioning/heating, private patio or balcony.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
