Griffis Lands Denver Residential Tower for $125.5M

Griffis Residential paid $125.5 million in cash for the 287-unit Platform at Union Station in Denver. Holland Partner Group was the seller. A CBRE team led by Terrance Hunt represented the seller. CBRE states the sale is among the largest multifamily property transactions in metro Denver in the last year.

Built in 2015, the property is located at 1650 Wewatta Street, directly adjacent Union Station, Denver’s primary transportation hub.

The building stands 21 stories with views of the Denver skyline and Rocky Mountains. The apartment homes are a mix of studio, one- and two-bedroom floorplans with an average unit size of 814 square feet. Community amenities include a resort-style rooftop terrace and pool, a 24-hour fitness center and yoga studio, an indoor dog run and pet wash station, and business and coworking centers. Tupelo Honey Southern Kitchen & Bar occupies the building’s ground-floor retail space.