Cherry Cricket property in Cherry Creek changes hands for $25M

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Cherry Cricket property in Cherry Creek changes hands for $25M
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Cherry Cricket’s real estate has sold to a Denver developer with family ties to the restaurant’s leadership.

Alpine Investments said in a statement Friday that it and a group of “primarily local investors” had purchased the restaurant’s property at the corner of 2nd Avenue and Clayton Street.

The properties were sold by an affiliate of Seattle-based Unico Properties, which purchased them in 2015 for a combined $13.8 million from Breckenridge-Wynkoop LLC, Cherry Cricket’s parent company, records show. Alpine Investments is led by Churchill Bunn and David Pietsch III. Bunn is the son-in-law of Ed Cerkovnik, a top executive at Breckenridge-Wynkoop, and his wife works for the company as vice president of brand strategy and growth, according to her LinkedIn profile.Cherry Cricket is a Cherry Creek institution. The restaurant opened in 1945 and moved to its current location about five years later, according to the restaurant’s Facebook page.

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