DENVER, CO – Lincoln Property Company, along with its partner Cadillac Fairview, has completed the acquisition of The Pullman. The 13-story boutique residential and retail community is located on 1959 Wewatta St. in Denver's Union Station neighborhood.
The Pullman purchase marks the second existing asset acquisition from the growing US $ 800 million multi-family fund jointly sponsored by Lincoln Property Company Residential and Cadillac Fairview.
The Pullman, whose name was inspired by the Pullman car, is located next to Union Station in Denver and emphasizes its traffic-oriented location. The luxury building is just a three-minute walk from Whole Foods and King Soopers and has direct access to cafes, restaurants, nightlife, parks, hiking trails, Coors Field and major employers.
"The Pullman's location is perfect, with everything residents needing just a few blocks away," said Jeff Courtwright, Lincoln Property Company's EPP for the Southwest area. “The Denver market has seen significant rental growth as people continue to move to Colorado from other states. We look forward to adding The Pullman to the Lincoln portfolio. "
The Pullman was built in 2020 and comprises 168 units and a mix of one-, two- and three-bedroom apartments and two-story penthouses. The units range from 819 to 3,784 square feet. The property also includes 2,895 square feet of retail space on the ground floor, as well as above and below ground structured parking.
The rooftop has a heated pool and spa with towel service, with direct views of Coors Field to watch a Rockies game, plus a huge outdoor kitchen and dining lounge. Other communal facilities include a fitness center with pelotons and yoga studio, a pool lounge with wet bar, a spa for pets, a private club room, a coffee and herbal tea bar, refrigerated and non-refrigerated package lockers, a tech lounge, and concierge service as well as a reservable guest suite, boardroom and personal office space.
The interior of the residence includes high-end designs such as KitchenAid gas hobs with grill plates, custom-made wooden cabinets, quartz worktops, herringbone tile back walls, beverage bars with wine refrigerators, built-in wall ovens, guest toilets, laundry rooms with cupboard storage, frameless shower stalls and technical features such as Lutron lighting control and USB sockets.