Gulch retail buildings sell for $7.1M

The Gulch building home to jewelry and fashion accessories business King Baby Studio and an adjacent property have sold for $7.1 million — more than 6.7 times the figure for which they last changed hands about seven and a half years and 10 years ago, respectively.

The sale of the 0.27-acre King Baby Studio property, located at 615 Ninth Ave. S., comes as the owners of the King Baby business plan a move to 12South (read here). The deal also involved the sale of 611 Ninth Ave., which offers 0.19 acres and a building home to The Chef & I on Ninth.