Zocalo sells Cadence at Union Station

Denver-based Zocalo Community Development and its Iowa-based partner, sold the 219-unit Cadence Union Station apartment building, officials announced today.

The buyer of Cadence, the first multifamily project to open in Denver’s emerging Union Station neighborhood, is an institutional client of Houston-based Invesco Real Estate. The sales price was not released, but records show it sold for $70 million…