AAA sells building to Denver investor, trades for Atrium I

Denver & Arapahoe counties

Address or Location: 4100 E. Arkansas Ave., Denver

Improvements: 63,335-sf, two-story, garden-level office building, YOC 1965, brick

Land Size: 2.28 acres

Date of Recording: 7/27

Reception No. 2017098189

Price: $7.34M, or $115.89 psf

Grantor: AAA Colorado Inc., Robert Stewart, CFO

Grantee: 4100 Investors LLC, Ryan Arnold & Bill Parkhill, mgrs..) 1550 Larimer St., Suite 634, Denver 80202

Financing: $6.87M payable to MCREIF SubReit LLC

Comments: See APN: 6192-17-005 & 6192-17-006, zoned S-MX-3. This building was listed by Brad Pech, SIOR, of Re/Max Commercial, 303-504-3444. AAA Colorado purchased a building in the Greenwood Village area in the February. Ryan Arnold is the broker and co-owner of Tributary Real Estate and represented the buyer’s entity. It will hold for the long term and will offer the space for lease.

 

Arapahoe County

Address or Location: 6061 S. Willow St., Greenwood Village, “Atrium I”

Improvements: 136,592-sf, three-story office building, YOC 1980, brick

Land Size:  6.406 acres

Date of Recording: 7/27

Reception No. D7085379

Price: $11.8M, or $86.39 psf

Grantor: EPC Holdings 896 LLC, Mary B. Foster, pres. (intermediary)

Grantee: AAA Colorado Inc., Robert Stewart, CFO

Financing: 1031 exchange for 4100 E. Arkansas

Comments: The buyer will relocate to this property. Colliers International represented the buyer in this transaction.

Comp of the Day is provided by John V. Winslow, president of Winslow Property Consultants. Winslow has more than 40 years’ experience in commercial real estate. He can be reached at 720-612-7878 or Colprop2012@gmail.com.