The two formed General Management Real Estate Services of Denver, which paid $10.9 million for the 100-unit project at 1301 Speer Blvd., next to the Parkway Plaza King Soopers grocery store. Earlier, Biehl purchased nearby townhome rental units in the Parkway development and quickly sold all of those units.

Before switching to development, Leino was a long-time commercial real estate broker with Fuller and Co. and later Moore Commercial Real Estate.

Of the buyers at Parkway, 19 of them are former tenants.

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