June 24, 2019

Cherry Creek apartment complex fetches $72M

DENVER — Greenwood Village-based Griffis Residential has purchased a Cherry Creek apartment complex for $72 million.

BusinessDen reports that Griffis, doing business as 350 Jackson LLC, acquired the 240-unit complex at 350 Jackson St. from San Diego-based Fairfield Residential. The complex formerly was known as Talavera Apartments but has been renamed Griffis Cherry Creek.

The property sold for $300,000 per unit.and is one block west of Colorado Boulevard.

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DENVER — Greenwood Village-based Griffis Residential has purchased a Cherry Creek apartment complex for $72 million.

BusinessDen reports that Griffis, doing business as 350 Jackson LLC, acquired the 240-unit complex at 350 Jackson St. from San Diego-based Fairfield Residential. The complex formerly was known as Talavera Apartments but has been renamed Griffis Cherry Creek.

The property sold for $300,000 per unit.and is one block west of Colorado Boulevard.

Christopher Wood
Christopher Wood is editor and publisher of BizWest, a regional business journal covering Boulder, Broomfield, Larimer and Weld counties. Wood co-founded the Northern Colorado Business Report in 1995 and served as publisher of the Boulder County Business Report until the two publications were merged to form BizWest in 2014. From 1990 to 1995, Wood served as reporter and managing editor of the Denver Business Journal. He is a Marine Corps veteran and a graduate of the University of Colorado Boulder. He has won numerous awards from the Colorado Press Association, Society of Professional Journalists and the Alliance of Area Business Publishers.
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