Church of Scientology buys building near Coors Field
Pays $8.5 million for McClain Finlon Advertising's ex-home.
By Margaret Jackson, The Denver Post 4th Jan 2011
The building at 2300-2346 Blake Street had listed for $14 million when it went on the market in 2008.
(John Leyba, The Denver Post)
9.200 members in the Denver area? hahahahaha yar riiight.The Church of Scientology has paid $8.5 million in cash for a building in the Ballpark neighborhood formerly occupied by McClain Finlon Advertising.
Over the past five years, the Los Angeles-based church had considered numerous Denver locations, including the Colorado National Bank Building at 17th and Champa streets that is now slated for a hotel.
It bought the 44,679-square-foot Ballpark building at 2300-2346 Blake Street on Thursday.
The building was listed for $14 million in 2008, following a banner year in commercial real estate, said Kittie Hook, a broker with Cassidy Turley/Fuller Real Estate who represented seller Cathey Finlon.
The property also includes a 90-vehicle parking lot that could be developed.
The church, which has had a presence in Denver since 1971, has 9,200 members here and has outgrown its current space, said Karin Pouw, spokeswoman for the church, which has locations in Englewood, Boulder and Aurora.
Finlon said she's pleased with the price, even though it's far less than the initial asking price. She paid $2.9 million for the property in 2000 and spent several million dollars renovating it.
....more in article link.....
Some previous history:
Scientology misses out on Denver historic bank building - Why We Protest | Activism Forum
Noteable Denver scientologist and W.I.S.E. computer business owner, OT7 "reverend" William Rex Fowler, was charged with shooting and killed non-scientologist ex-employee/partner Tom Ciancio, December 2009. He was also reported to have tried to commit suicide by shooting himself under the chin but he survived. Financial irregularities were reported in the media surrounding this case. Fowler has been deemed fit to go to trial February 2011 for 1st degree murder.
Media thread: viewtopic.php?f=11&t=31918