One River North developers pay $9M for adjacent site on Walnut St.
Two firms developing a RiNo apartment building with a greenery-filled “canyon” now own an adjacent property.
The 3911 and 3963 Walnut St. parcels, which combined are 0.93 acres, sold last week to Washington D.C.-based Uplands Real Estate Partners and Denver-based Wynne Yasmer Real Estate, operating as 40th & Walnut Project LLC.
The properties have a handful of industrial buildings on them. The sale price was $9 million, or $221 a square foot.
Uplands and Wynne Yasmer submitted development plans for the site in early…