- March 27, 2023
- By: rons01
- in: Uncategorized
A firm that bought a retail property along Tennyson Street in September has doubled down on the street.
Denver-based Epoch Developments purchased the 4526 Tennyson St. property on Thursday for $4.97 million, according to public records.
A single-story brick retail building runs down the left side of the 0.31-acre lot. That structure connects to a modern-looking office building on the right rear portion of the lot.
The property is leased to three tenants: Call to Arms Brewery, the recently opened Kalaka Mexican Kitchen and FinOp Group, which offers accounting services to law firms. The property was sold by HLS 4526 Tennyson LLC, managed by Craig Lessard.
It’s the second Denver acquisition for Epoch, which is most active in the Kansas City market and also interested in Santa Fe, New Mexico and Scottsdale, Arizona.
The first acquisition was 4275 Tennyson St., just three blocks to the south. Epoch paid $5.3 million in the fall for that property, whose tenants include Denver Biscuit Co. and Fat Sully’s.
“We’re being opportunistic when we see potential,” Epoch founder Craig Slawson said of the firm’s Denver plans, noting he likes walkable neighborhoods.
Just to the north of Epoch’s new holding, Denver-based Alpine Investments and Revesco Properties are building a three-story apartment building on a site that includes where the bar Local 46 used to operate.
Epoch isn’t the only firm making multiple deals along Tennyson in recent years. Dallas-based Rue purchased the Cozy Cottage property in November in its second deal on the street. And Charlotte, North Carolina-based Asana Partners paid $11 million for multiple buildings between 2019 and 2021.
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