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Real Estate

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April 19, 2024

Newmark puts Coliseum building up for auction

Real Estate Editor

Photo via Newmark [enlarge]
The building, pictured after Banana Republic left, then still in search of a tenant.

The century-old landmarked former Coliseum movie palace, at 500 Pike St., last traded in 2007 to an LLC associated with Principal Real Estate Investors of Iowa. It paid $13 million for a building then leased to Banana Republic. Times have changed, for both moviegoing and downtown shopping.

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