Macy’s sales price revealed: $32M

BOULDER — The former Macy’s building in the Twenty Ninth Street shopping center sold last week for $32 million, Boulder County property records show. 

Boulder 29 LLC, a joint venture between Denver-based developer Corum Real Estate Group and New York City-based Fair Street Partners, acquired the vacant building from Macy’s Real Estate Holdings LLC.

The Boulder City Council approved plans to redevelop the department store into a three-story, 154,000-square-foot office building with 9,000 square feet of retail space on the ground floor. Construction is set to start in May, with delivery expected by the fourth quarter of 2023.

“The adaptive reuse…