Leon Capital purchases closed McDonald’s building for $10.46 per square foot
Jefferson County Property Location: 801 Wadsworth Blvd., Lakewood Property Description: 4,109-sf closed McDonalds restaurant, YOC 1982 Land Size: 54,972 sf Sales Price: $575,000, or $10.46 per sf (before demolition cost)* Reception No.: 2018019087 Closing Date: 3/1 Grantor: McDonald’s Corp., Michael Van Poucke, senior counsel Grantee: LCP Wadsworth LLC c/o Leon Capital Group, 214-865-8082, attn: Will Tolliver, mgr.…
John Winslow
March 9, 2018
Pinnacle Real Estate Advisors facilitates 1031 exchange of single-tenant building
Arapahoe County Property Location: 7436 S. Eagle St., Centennial Property Description: 10,828-sf warehouse/auto shop, YOC 1984, masonry Land Size: 41,828 sf Sales Price: $1.83M, or $169 per sf Reception No.: D8015438 Closing Date: 2/15 Grantor: 528 N. Washington St. LLC, Jay P. Burton, mgr., Durango Grantee: Eagle Street 1031 LLC by: National Safe Harbor Exchanges Financing: 1031…
John Winslow
March 8, 2018
Richmond American snaps up residential land for $1.85 million
Adams County Property Location: SWC E. Smoky Hill Pkwy. & Powhaton Road Property Description: Vacant, “unentitled” land; plan for 99 single-family detached homes Land Size: 33.14 acres Sales Price: $1.85M, or $1.28 psf, or $18,687 per buildable lot Closing Date: 3/1 Reception No.: D8020958 Grantor: Lutheran Church Extension Fund-Missouri Synod Grantee: Richmond American Homes of Colorado Inc.…
John Winslow
March 7, 2018
Investor lands Applewood Apartments for $7M
Jefferson County Property Location: 1975 Oak St., Lakewood, “The Applewood Apartments” Property Description: 42-unit apartment complex, 4 buildings, 34,150 sf, YOC 1973, brick construction, 74 carports & 38 interior storage units Land Size: 2.44 acres Sales Price: $7.01M, or $166,786 per door, or $205.12 per sf Reception No.: 2018007922 Closing Date: 1/25 Grantor: Lewis Joliet Applewood LLC, John…
John Winslow
March 6, 2018
Lafayette apartments sold to Buchanan Street Partners for $60.25 million
Boulder County Property Location: 695 South Lafayette Dr., Lafayette Property Description: 240-unit apartment complex, 214,560 sf, YOC 2014 Land Size: 10.483 acres Sales Price: $60.25M, or $251,042 per unit Density: 22.89 units per acre Reception No.: 03639624 Closing Date: 2/1 Grantor: Imago Lafayette LLC, Lester M. Kaplan, mgr., & Milestone Group – Habitat LLC, Kenneth…
John Winslow
March 2, 2018
CCIG Insurance acquires Inverness Business Park building for $8.5 million
Arapahoe County Property Location: 155 Inverness Drive West, Englewood Property Description: 44,694-sf, three-story office building, YOC 1995, glass curtains with aggregate siding panels & 178 parking places. Land Size: 3.854 acres, located near the Dry Creek & Interstate 25 interchange Parking ratio: 3.98:1,000 Sales Price: $8.5M, or $190.18 per sf Reception No.: D8015491 Closing Date:…
John Winslow
March 1, 2018
Embrey Partners acquires 21.23 acres for $7.25 million
Jefferson County Property Location: S/S C-470, approx. 1,000’ west of S. Kipling Blvd., also fronts northwest side of W. Toller Drive Property Description: Vacant land, proposed 345 units Land Size: 21.23 acres Sales Price: $7.25M, or $21,014 per buildable unit, or $7.84 psf Reception No.: 2018010338 Closing Date: 1/15/2018 Grantor: Land Securities Investors Ltd. by:…
John Winslow
February 28, 2018
Lakewood 150-room hotel sells to Rockies Lodging Capital for $8.7 million
Jefferson County Property Location: 3605 S. Wadsworth Blvd, Lakewood Property Description: four-story 150-room hotel, 76,504 sf, YOC 1986 Land Size: 3.14 acres Sales Price: $8.7M, or $58,000 per room, or $113.72 per sf Reception No.: 2018010208 Closing Date: 1/31 Grantor: CNI THL PROPCO Fe II LLC, Mark Hedstrom, VP, NYC, NY 10022 Grantee: RLC-VI Lakewood…
John Winslow
February 27, 2018
Evergreen Development acquires retail site for $8 per square foot
Jefferson County Property Location: NEC W. Belleview Ave. & S. Simms St., Lakewood Property Description: Land Land Size: 3.721 acres, or 162,062 sf Sales Price: $1.3M, or $8.02 psf Reception No.: 2018011155 Closing Date: 2/5 Grantor: Doris Bowen Frost LLLP, Edmund B. Frost, general partner, 8509 Western Hills Blvd., Suite 400A, Fort Worth, TX 76108…
John Winslow
February 26, 2018
Former ‘WOW’ retail building sells for $7.2 million
Arapahoe County Property Location: 9697 E. County Line Road, Englewood Property Description: 78,110-sf, single story retail building, YOC 1996, masonry Land Size: 5.384 acres Sales Price: $7.2M, or $92.18 per sf Reception No.: D8015790 Closing Date: 2/7 Grantor: DT Partnership LLC, David A. Dolan, mgr. Grantee: CCF Holdings LLC, Jeffrey W. Morrill, mgr. Financing: $3.6M…
John Winslow
February 23, 2018
