17-Story Denver Office Tower Trades for $3.6M

A number of Denver office towers continue to suffer profitability issues. The 17-story tower, once known as Columbine Place, has been bought for $3.63 million. The Denver Business Journal reports building values in downtown Denver have dropped significantly since then. Adio Palace is the buyer. The building will also be called Adio Palace. The 149,222-square-foot skyscraper...