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Arvada retail center sold to investor for $226 per square foot

Jefferson County

Property Location: 15530 W. 64th Ave., Arvada, “Westwood Shopping Center”

Property Description: 83,120-sf shopping center, YOC 2007, masonry construction

Land Size: 6.59 acres

Sales Price: $18.85M, or $226.77 psf

Reception No.: 2016115522

Closing Date: 10/29

Grantor: Rocky Mountain Capital Group LLC, Halston Mikail, mgr., 9937 Jefferson Blvd, Culver City, CA 90232

Grantee: GKT Westwoods II LLC, John L. Rubenstein, CCIM, 913-362-1999

6310 Lamar Ave, Overland Park, KS 66202

Comments: See APN: 30-121-06-026 Property sold in November 2014 for $14.05M. There are four buildings anchored with Ace Hardware and the 36,000-sf Prestige Fitness Center

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.