Trinity Investors announced the acquisition of a 16,000-square-foot building in Denver’s popular RiNo Arts District. The vacant office building, located at 2734 Walnut St., will be transformed into an “experiential retail” space operated by a fast-growing national group.
The company partnered with Magnetic Capital, a privately held real estate investment and development company, on this project.
“We are excited about this inaugural partnership with Magnetic Capital and to expand our portfolio in the Colorado market,” said Kevin Carringer, vice president at Trinity Investors in Denver. “Despite a challenging economic environment, we are still finding compelling opportunities to invest alongside experienced real estate operators like the team at Magnetic.”