A Denver-based entity of real estate development firm St. Charles Town Company has completed the purchase of a 15,164-square-foot retail building at 7th Avenue and Lincoln Street in Denver. The property has been home to Turin Bicycles for nearly 30 years and will continue to be their home.
“We love this location with the activity along 7th Avenue and the area’s iconic Denver tenants like Turin, Racines, Mizuna and Benny’s,” said Charlie Woolley, president and founding principal at St Charles. “Turin has been Denver’s bicycle shop for 49 years, and we are thrilled to have inherited a legacy Denver business as our tenant.” “Who doesn’t love a bike shop?” added St. Charles CFO and Principal Darrin Grommeck. “With its proximity to the Cherry Creek Bike Path and easy access to downtown, this property was exciting for us and we’re proud to add it to our growing retail portfolio.”