CU Boulder closes on El Rincón restaurant site for $3.9 million

The University of Colorado Boulder has closed on the property that’s home to the El Rincón Cocina y Tequila restaurant in Boulder for about $3.9 million.

Market Real Estate announced the sale of the property at 2350 Arapahoe Ave. on Tuesday evening. CU Boulder will continue to lease the building to the restaurant until it establishes a plan to develop the property. The restaurant is entirely surrounded by property that CU Boulder already owns, except for one side, which is Arapahoe Avenue…

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