Griffis Residential Acquires Multifamily Property In Denver For $125.5M

Griffis Residential has acquired the 287-unit luxury community located at 1650 Wewatta Street in Denver, Colorado known as Platform at Union Station. The property was purchased for $125.5 million and has been renamed Griffis Platform Union Station. This multifamily asset offers a variety of amenities and is situated in a prime location in the Denver market.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $125,500,000
• Address: 1650 Wewatta Street
• Market: Denver, CO
• Units: 287
• Price per Unit: $437,282

In this acquisition, Ian Griffis, representing Griffis Residential, acted as the buyer. The brokerage team from CBRE, including Andy Hellman, Brad Schlafer, Chris Cowan, Christopher Hart, Justin Hunt, Terrance Hunt, and Shane Ozment, facilitated the transaction. Their expertise and guidance contributed to the successful closing of this deal.