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Retail building near trades for $230 per square foot

Arapahoe County Property Location: 6250 E. Yale Ave., Denver Property Description: 4,950-sf retail building, YOC 1966, brick/block const. Land Size: 21,000 sf Sales Price: $925,000, or $186.87 psf Reception No.: D8049462 Closing Date: 5/21 Grantor: Eddie & Monica Pacheco Grantee: 6250 E. Yale LLC Comments: This property was listed by William P. Trinen of Trinen Realty Partners,…

John Winslow

June 20, 2018

Popular country music nightclub sells to concert promoter

Arapahoe County Property Location: 2430 S. Havana St., Aurora Property Description: 27,421-sf nightclub, YOC 1984, wood & masonry const. Land Size: 2.278 acres Sales Price: $3.05M, or $111.23 psf Reception No.: D8049462 Closing Date: 5/18 Grantor: McDermott Investments LLC, Marno McDermott, mgr. Grantee: 2430 South Havana LLC, Chris Swank, mgr., 303-322-5219 Comments: Marlo McDermott purchased the property…

John Winslow

June 19, 2018

Retail building near Englewood City Center sells for $230 per square foot

Arapahoe County Property Location: 332-340 W. Hampden Ave., Englewood Property Description: 8,684-sf retail building, YOC 1981, brick const. Land Size: 20,000 sf Sales Price: $2M, or $230.31 psf Reception No.: D8049467 Closing Date: 5/18 Grantor: Ronald Parness, 303-781-6961 Grantee: 340 West Hampden LLC, Justin Ganoe, mgr. Comments: This property was listed by Brian McKernan & Austin Berg…

John Winslow

June 18, 2018

Downtown Littleton office building purchased

Arapahoe County Property Location: 5524 S. Prince St. Property Description: 4,239-sf office building, YOC 1905, wood frame const. Land Size: 12,502 sf Sales Price: $765,000, or $180.47 psf Reception No.: D8049495 Closing Date: 5/21 Grantor: Arapahoe Mental Health, Keith Larson, CFO Grantee: 5524 Prince LLC, c/o Frederic Exporting Comments: This property was sold by Eric Shaw of Pinnacle…

John Winslow

June 15, 2018

Value-add apartment building is snagged for $120,238 per door

Arapahoe County Property Location: 5635 S. Bannock St., Littleton, “Silverleaf Apts.” Property Description: 21-unit, three-story apartment, 17,640 sf, YOC 1960, brick Sales Price: $2.53M, or $143.14 psf, or $120,238 per unit Reception No.: D8049495 Closing Date: 5/21 Grantor: John Measner Grantee: DLT Holdings LLC Financing: $707,000 due 11-23-2018, payable to RCL Investments Inc. Comments: This property was listed…

John Winslow

June 14, 2018

Townhomes eyed for development site

Denver County Property Location: 1288 Winona Court, Denver Property Description: Land value, proposed 12 townhome units Land Size: 15,625 sf Sales Price: $1.38M, or $88 psf, or $114,583 per unit Reception No.: 2018061461 Closing Date: 5/23 Grantor: South Sloans Townhomes LLC, Leon Cisneros, mgr. Grantee: 1288 Winona Court Trust, Matthew Sanchez, 303-444-7368 Financing: $707,000 due 11-23-2018, payable…

John Winslow

June 13, 2018

Hines Interests acquires Canyons South in Douglas County for $35 million

Douglas County Property Location: Southeast side of Crowfoot Road, fronts east side Founders Parkway, northeast side of Macanta Drive Property Description: Vacant land Land Size: 2,043 acres Sales Price: $35M, or $17,132 per acre Reception No.: 2018029164 Closing Date: 5/10 Grantor: Canyons South LLC, Erik Clore, VP, Lowe Enterprises, 303-850-2406 Grantee: Canyons South Development LP, c/o Hines Development, Mark A.…

John Winslow

June 12, 2018

Denver Realtor acquires northeast Denver industrial property

Denver County Property Location: 3824 Dahlia St., Denver Property Description: 15,046-sf industrial building, YOC 1967 Land Size: 26,875 sf Sales Price: $1.35M, or $89.72 psf Reception No.: 2018060113 Closing Date: 5/18 Grantor: EJD Enterprises LLC, Edward Dwight, mbr. Grantee: LJRALR LLC, Adam Riddle, mgr., & River LLC, Zvi Rudawsky, mgr. Financing: $810,000 payable to Alpine Bank Cherry…

John Winslow

June 11, 2018

Denver investor facilitates 1031 exchange for central Denver warehouse

Denver County Property Location: 505 & 525 Bryant St., Denver Property Description: 6,000-sf brick warehouse, YOC 1962, & 5,200-sf brick warehouse, YOC 1961, total of 11,200 sf Land Size: 23,225 sf Sales Price: $1.32M, or $117.41 psf Reception No.: 2018060412 Closing Date: 5/21 Grantor: CG Holdings of Colorado LLC, Kelly Letts, signatory Grantee: 1316 Quitman Street LLC,…

John Winslow

June 8, 2018

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