Seller executes 1031 exchange from townhomes to retail center
Adams County Downleg of 1031 exchange - Sale of 30 townhomes at E. 121stAve. & Colorado Blvd., Thornton Property Location: 3783-3799, 3811-21-23-25-33-35-37-39-41-45-69-3875 E. 121stAve., Thornton Property Description: 30 two-story townhomes ranging from 1,068 to 1,319 sf, YOC 1985-2001, wood frame construction, 12 with single-car garages, all with basements ranging from 399 to 640 sf, total…
John Winslow
October 2, 2018
Four separate Denver industrial buildings fetch $7.96M
Denver County Property Location: 4230 Elati St., Denver Property Description: 16,932-sf manufacturing building, YOC 1973 Land Size: 35,801 sf Sales Price: $3.05M, or $180.13 psf Reception No.: 2018101374 Closing Date:8/9 Grantor: KBD Investments LLC (Nicole Kazenske & Anne Marie Dienstbach) Grantee: Herrick Durango Land Co. (Edward D. Herrick Jr., mgr.) Financing: $1.83M to Community Banks of Colorado…
John Winslow
October 1, 2018
Hines lands Thornton’s Parterre site at E-470 & Quebec
Adams County Property Location: Southeast corner E. 152NDAve. & Holly St., Thornton, “Parterre Subdivision” Property Description: Vacant land Land Size: 765.36 acres Sales Price: $20.78M, or $27,150 per acre Reception No.: 74041 2018 Closing Date: 9/10 Grantor: Plateau 470 LLC (Claude J. Zinngrabe Jr.), c/o Fremont Realty Capital, 199 Fremont St., Suite 1900, San Francisco, CA 94105, 415-284-8500…
John Winslow
September 28, 2018
AIMCO acquires high-density site in Fitzsimons for 253 units
Adams County Property Location: Southeast corner E. 22ndAve. & Ursula St., Aurora Property Description: Vacant land, 253 units planned Land Size: 1.88 acres Sales Price: $1.64M, or $20 psf, or $6,475 per buildable unit Reception No.: 73915 2018 Closing Date: 9/10 Grantor: Fitzsimons Redevelopment Authority (Donald M. Elliman Jr., chairman) Grantee: AIMCO Fitzsimons 3A Lessor LLC Financing:…
John Winslow
September 27, 2018
Interstate 25 & East Evans assemblage closes at $13.3M
Denver County Property Location: 2100-2135-2175 S. Cherry St., 2150 S. Cherry St., 2160 S. Clermont St., 2135-2175 S. Clermont St., Denver Property Description: Several improvements totaling 72,152 sf Land Size: 128,396 sf (6 separate parcels) Sales Price: $13.3M, or $103.59 psf Reception No.: 2018114462, 2018114460, 2018114461, 2018114459, 201811481, 2018114478 Closing Date: 9/7 Grantor: 2100 S. Cherry Street…
John Winslow
September 26, 2018
Melody Homes finds gold in Bennett with 175 platted lots
Adams County Property Location: Southeast corner Penrith Road & U.S. Highway 36, Bennett Property Description: Vacant land Land Size: 24.3317 acres in 175 paper-platted lots Sales Price: $3.24M, or $3.05 psf/$18,500 per lot Reception No.: 2018000064296 Closing Date: 8/16 Grantor: Penrith Park Joint Venture LLC (Jim Marshall, mgr.) Grantee: Melody Homes Inc. Financing: Cash Comments: Lots 1-4 Block…
John Winslow
September 25, 2018
Del Taco restaurant sells to Arizona Investor for $3 million
Arapahoe County Property Location: 24023 E. Prospect Ave., Aurora Property Description: 2,361-sf fast-food restaurant, YOC 2005, masonry Land Size: 58,806 sf Sales Price: $3M, or $1,271 psf Reception No.: D8085178 Closing Date: 8/22 Grantor: Lawrence Lee, 141078 Ventura Blvd., Sherman Oaks, CA 91423 Grantee: Colorado Del Holdings LLC (Brent A. Veach, mbr.), Scottsdale, AZ 85255 Financing: $3.58M…
John Winslow
September 24, 2018
Downtown Denver office tower fetches $238 million
Denver County Property Location: 1670 Broadway, Denver, “TIAA Building” formerly “Amoco” Property Description: 36-story, 704,566-sf office tower, YOC 1978 Land Size: 1.26 acres Sales Price: $238M, or $337.80 psf Reception No.: 2018104753 Closing Date: 8/16 Grantor: 1670 Broadway Investors LLC by: TPF Equity REIT Operating Partnership LP, William P. Robertson, executive director, 860-616-9121 Grantee: HPI 1670 BRDW LLC,…
John Winslow
September 21, 2018
Equitable Residential buys Radius Uptown for $134.97 million
Denver County Property Location: 1985 Logan St., Denver, “The Radius Uptown Apartments" Property Description: 372-unit, 12-story apartment, 287,625 sf, YOC 2016 Land Size: 54,419 sf Sales Price: $134.97M, or $362,823 per unit, or $469.26 psf Reception No.: 2018106349 Closing Date: 8/21 Grantor: Uptown Denver Apartments LLC, c/o Trammell Crow (Jarvie Worcester & Matthew Schildt, 303-284-7108) Grantee: EQR-Radius…
John Winslow
September 20, 2018
Parker assisted-living facility snagged for $28.7M
Douglas County Property Location: 19160 Cottonwood Drive, Parker Property Description: 143-unit assisted-living and memory care, three-story facility (117 units assisted living & 26 units memory care), YOC 2017, 105,186 sf Land Size: 4.406 acres Sales Price: $28.69M, or $200,612 per unit, or $272.73 psf Reception No.: 2018049794 Closing Date: 8/8 Grantor: Crown Point Assisted Living LLC (Steven…
John Winslow
September 19, 2018
