Modera Observatory Park Apartments sells for $92.5M
Denver County Property Location: 1910 & 1911 S. Josephine St., Denver, “Modera Observatory Park” Property Description: 275-unit (two) five-story apartment buildings, 207,618 sf net rentable area, YOC 2017, brick/stucco construction Land Size: 2.08 acres Density: 132.2 d/u per acre Sales Price: $92.5M, or $336,364 per unit, or $445.53 psf Reception No.: 2018061704 Closing Date: 5/24 Grantor: Josephine Apartments…
John Winslow
June 7, 2018
Goldman Sachs finds a gem with the $121.75M purchase of the Pearl Apts. @ DTC
Denver County Property Location: 7571 E. Technology Way, “The Pearl Apartments at DTC” Property Description: 408-unit, three-story apartment complex with 17 buildings plus 6,411-sf clubhouse, 281,112 sf net rentable area, YOC 2014, brick/stucco construction Land Size: 16.526 acres Density: 24.7 d/u per acre Sales Price: $121.75M, or $297,677 per unit, or $433.10 psf Reception No.: 2018060565…
John Winslow
June 6, 2018
Brighton apartments sell to Chicago investor for $9.5 million
Adams County Sale No. 1 Property Location: 101-131-151 W. Egbert St., Brighton “Terrace Apts.” Property Description: 36-unit, three-story walkup apartment, 25,920 sf, YOC 1966 Sales Price: $4.4M Reception No.: 2018000041317 Closing Date: 5/25 Grantor: Brighton Terrace Apartments LLC, Jeff L. Young, mgr. Grantee: 29SC Phoenix LLC, c/o 29thStreet Capital, Jay Neal, 720-980-1166 Comments: This all-two-bedroom-unit, three-building complex rents from…
John Winslow
June 5, 2018
Zachary & Elizabeth Fisher House sells to UCHealth for $1.2 million
Adams County Property Location: 1954 Quentin St., Aurora, “Denver Fisher House” Property Description: Denver Fisher House, a nine-suite home for families of patients, with fully equipped kitchen, laundry room, dining/living room, sunroom Land Size: 26,711 sf Sales Price: $1.2M Reception No.: 2018000039773 Closing Date: 5/16 Grantor: Fitzsimons Redevelopment Authority, Steve P. VanNurden, pres. Grantee: The Regents of the University…
John Winslow
June 4, 2018
Pair of retail properties on Tennyson Street yield $3.33 million
Denver County Sale No. 1 Denver Property Location: 4342 Tennyson St., Denver Property Description: 4,750-sf retail building, YOC 1961, brick Land Size: 6,345 sf Sales Price: $1.73M, or $363.16 psf Reception No.: 2018056546 Closing Date: 5/10 Grantor: 44thPartners LLC Grantee: 540 Realty LLC, 165 Coleridge St., Brooklyn, NY 11235 Comments: Property was listed by Daniel Jimenez of Re/Max…
John Winslow
June 1, 2018
CIM Group acquires LoDo office towers for $189 million
Denver County Property Location: 1401 17thSt. & 1331 17thSt., Denver Property Description: 191,151-sf, 16-story office building, YOC 1983, & 218,906-sf, 13-story office building, YOC 1983 (renovated in 2007), total of 410,057 sf Land Size: 50,060 sf & 50,060 sf (total of 2.298 acres) Sales Price: $86M, or $449.91 psf, & $103M, or $470.52 psf (total of $189M,…
John Winslow
May 31, 2018
Property Market Group closes on 2nd parcel at Huron/W. 29th Avenue
Denver County Property Location: 3000 Inca St., Denver Property Description: vacant Land Size: 22,760 sf Sales Price: $3.19M, or $140.25 psf Reception No.: 2018056371 Closing Date: 5/10 Grantor: Westfield-ProspectLLLP, Randy M. Schwartz, mgr. Grantee: ENR Denver Investment 2.0 LLC, c/o Noah Gotileb, mgr., 630-273-1260, 308 W. Erie, Suite 400, Chicago 60654 Comments: This sale contains a vacant lot…
John Winslow
May 30, 2018
City Park apartments snagged by Chicago investor for $9.52 million
Denver County Property Location: 1222 E. 16thAve. (1575 Lafayette St.), Denver Property Description: 41-unit, three-story apartment, 24,563 sf, YOC 1909 Land Size: 12,500 sf Sales Price: $9.53M, or $232,317 per door, or $387.78 psf Reception No.: 2018057501 Closing Date: 5/15 Grantor: 1575 Lafayette Denver LLC, c/o Heartwood Properties, Eric Mallon, mgr. Grantee: Lafayette Denver LLC, Corvue Holdings, Tom…
John Winslow
May 29, 2018
Denver investor snags 4,100-sf retail building for $720,000
Denver County Property Location: 1545 S. Broadway Property Description: 4,100-sf retail building, YOC 1924, masonry Land Size: 6,248 sf Sales Price: $720,000, or $175.61 psf Reception No.: 2018056574 Closing Date: 5/10 Grantor: Speedy Dog LLC, Marc Lavoie & Dea Lavoie Grantee: Cole Properties LLC, Bryan Bozeman, mgr., 720-722-4040 Financing: $677,620 payable to Collegiate Peaks Bank Division of Glacier Bank…
John Winslow
May 28, 2018
Inverness retail condo sells to California investor for $12.19 million
Arapahoe County Property Location: 10111 Inverness Drive West, Englewood Property Description: 42,750-sf retail condominium space, YOC 2007 Land Size: 3.91 acres Sales Price: $12.19M, or $285.14 psf Reception No.: D8042555 Closing Date: 4/26 Grantor: VS Vallagio Holdings LLC, Larry E. Jennings Jr. mgr., 248-646-9200 Grantee: Prominence Enterprises LLC, Dr. May Tong, mgr., 714-556-8664 Financing: $7.97M payable to Public Service…
John Winslow
May 25, 2018
