Apartment Sale in Denver sets another record price per square foot. Pension fund advisor Heitman Financial Ltd which is based in Chicago bought the 337 unit apartment complex Commons Park West at 1550 Platte St. Denver for $98.1 million or $346 per square foot, or $291,000 per unit. JPMorgan (seller) bought the Class A property in 2007 for $75 million or $220,588 per unit, or $262 per square foot which equates to a 32% profit for the 5 years JPMorgan owned it. 9,500 square feet of retail space is also included. The previous record was the sale of the 120 unit Solera at 1956 Lawrence St. for 308,333 per square foot.