Banking & Finance  May 21, 2010

Banks work to resurrect St. Michael’s

GREELEY – St. Michael’s Town Square will return to fight another day – at least if a Denver real estate company has anything to do with it.

With all of the commercial buildings either bank-owned or headed that way and vacancies mounting, the situation looks dire for the west Greeley development. However, two banks that own a majority of the property have hired SV Commercial Partners to not only sell the property, but also manage and lease it – essentially to resurrect it.

The 240-acre development, named after the patron saint of chivalry, was the brainchild of oil magnate…

Sign up for BizWest Daily Alerts
Closing in 8 seconds...