Boulder-based Split Mountain recently paid $5.4 million for a retail spot in Denver's University Hills neighborhood.
The property management company and investment firm closed on 2665 S. Colorado Blvd. on June 30, according to city documents. The 21,908-square-foot building currently houses the specialty bicycle shop BikeSource.
Split Mountain is only taking over ownership of the building from the limited liability company 2665 South Colorado Blvd, BikeSource manager Todd Wilson said Tuesday.
Wilson doesn't expect any changes for his operation. A call to Split Mountain wasn't immediately returned.
The company owns two other sites in Denver and recently paid $3.7 million for a commercial building in Louisville, according to BizWest.
Business & data reporter Adrian D. Garcia can be reached via email at [email protected] or twitter.com/adriandgarcia.
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