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Historic Former Railroad Building Gets New Owner in Downtown Denver

Deal for Nearly Century-Old Property Said To Be Among Largest for Area’s Brick-and-Timber Structures
L&B Realty Advisors acquired the former Union Pacific building, now a retail property, in downtown Denver. (CoStar)
L&B Realty Advisors acquired the former Union Pacific building, now a retail property, in downtown Denver. (CoStar)
CoStar News
December 27, 2021 | 9:10 P.M.

The $25.5 million sale of the nearly century-old Union Pacific building in downtown Denver marks what the brokers say is probably the highest per-square-foot price ever paid for a brick-and-timber building in the neighborhood.

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