Two restaurateurs raise their stakes in Old Town

FORT COLLINS – Two restaurant owners who have long leased space in buildings that are among Fort Collins’ historic gems have purchased the properties, furthering a trend of operator ownership that has led to stability in the city’s Old Town district.

Ed and SeonAh Kendall, owners of the popular Suehiro Japanese Restaurant and Sushi Bar, bought the Reed-Dauth building at 223 Linden St. for $1.74 million. Almost simultaneously, La Luz Mexican Grill owner Peter Schultz, who launched his business 10 years ago, purchased the main floor and lower level of the Forrester Block Building for $1.4 million. Both properties had been…