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Canadian firm snags key Aurora site near E-470 for $10.5 million

Arapahoe County Property Location: SEC Powhaton Road & East Sixth Avenue-extended east, Aurora Property Description: Vacant land Land Size: 318.18 acres Sales Price: $10.5M, or $33,000 per acre Reception No.: 2017144359 Closing Date: 10/27 Grantor: Bellweather Associates, Steve Cohen, partner Grantee: Melcor/TC Aurora LLC, Ryan Mott, 480-699-4687 Financing: Cash Comments: See APN: 1977-00-0-00-367. There are…

John Winslow

December 7, 2017

Thornton site sells for $4 per square foot

Adams County Address: SWC E. 143rd Place & Grant St., Thornton Improvements: Vacant land Land Size: 12.17 acres Date of Recording: 11/7 Reception No.: 98802 2017 Price: $2.12M, or $4 psf Grantor: Thornton Long Term Investments LLC, c/o Evergreen Devco Inc. Grantee: TSG Grant LLC, Michael H. Staenberg, mgr. Financing: $1.59M payable to First National…

John Winslow

December 6, 2017

Thornton retail building changes hands

Adams County Address: 9645 Washington St., Thornton Improvements: 11,340-sf retail store, YOC 2008 Land Size: 1.72 acres Date of Recording: 11/13 Reception No.: 101880 2017 Price: $4.25M, or $374.78 psf Grantor: Armstrong Highpointe LLC, c/o Gustine (Douglas J. Kyle, mgr.) Grantee: Oak Group LP, c/o The Heritage Group, Mark E. Hoekstra, 619-239-1788 Financing: cash Comments:…

John Winslow

December 5, 2017

User pays $10.65 million for industrial building

Adams County Address: 21200 E. 36th Drive, Aurora Improvements: 122,511-sf industrial facility, YOC 2016, 32’ clear, ESFR sprinklers, 12 dock doors, 2 drive-in doors, 89 parking spaces Land Size: 6.4 acres Date of Recording: 11/13 Reception No.: 101561 2017 Price: $10.65M, or $86.53 psf Grantor: Opus Development Company LLC, Dave Everson, VP Grantee: STIHL Inc.,…

John Winslow

December 4, 2017

Land trades for townhome development

Denver County Address: North side W. 24th Ave., 200’ east of Decatur St. (2739 W. 24th Ave.), Denver Improvements: Vacant land, 16 townhomes planned with floorplans including 1,332 sf, 1,488 sf & 1,680 sf Land Size: 17,850 sf Date of Recording: 11/17 Reception No.: 2017152348 Price: $2.38M Grantor: 24th Ave LLC, Richard Scott Easton, mgr.…

John Winslow

December 1, 2017

Downtown Denver office/retail building yields $5.3 million

Denver County Address or Location: 1641 California St., Denver Improvements: 19,121-sf, three-story office building plus lower-level retail area, YOC 1978, renovated in 2013, brick construction Land Size: 6,262 sf Date of Recording: 11/7 Reception No.: 2017151623 Price: $5.3M, or $277.18 psf Grantor: 1641 California LLC, c/o NAS Properties LLC, Nathan Schnabel, mgr. Grantee: J&G 1641…

John Winslow

November 30, 2017

Local dentist acquires Stapleton site for proposed building

Denver County Location: North side of Montview Blvd., 150’ east of Willow St., Denver Improvements: Vacant land Land Size: 24,035 sf Date of Recording: 11/16 Reception No.: 2017151449 Price: $336,500, or $14 psf Grantor: FC Stapleton II LLC Grantee: 5th Street LLC, Dr. Kate Steele, mgr., 303-278-3353 Financing: cash Comments: Steele plans to use the…

John Winslow

November 29, 2017

100-unit Sierra Vista apartments in Thornton sells for $17.4M

Adams County Address or Location: 9440 Hoffman Way, Thornton, “Sierra Vista Apts.” Improvements: 100-unit apartment with 94,995 sf, YOC 1972, frame & masonry construction Land Size: 6.21 acres Date of Recording: 11/01 Reception No.: 101865 2017 Price: $17.4M, or $174,000 per door, or $183.17 psf Grantor: Alta Sierra Community, Todd Kaufman, mgr., 818-235-1444 Grantee: Sierra…

John Winslow

November 28, 2017

New York-based Castle Lanterra snags Westminster apartments for $65 million

Adams County Address or Location: 8300 Sheridan Blvd., Westminster, “Sunset Ridge Townhomes” Improvements: 280-unit apartment with 297,500 rentable sf, YOC 1972, 140 two-bedroom units @ 959 sf & 140 three-bedroom units @ 1,166 sf plus 450 sf basement area, 80% interior renovations over last two years, Land Size: 15.22 acres Density: 18.4 units per acre Date of…

John Winslow

November 27, 2017

Local broker acquires Englewood industrial property for $2.46 million

Arapahoe County Address or Location: 3755 S. Lipan St., Englewood Improvements: 34,652-sf warehouse, YOC 1954, brick/block construction Land Size: 1.756 acres Date of Recording: 11/02 Reception No: D7126940 Price: $2.46M, or $70.99 psf Grantor: Consolidated Steel Services Inc., Robert S. Schmidt, pres. Grantee: Ringsby Terminals Inc., Alex Ringsby, mgr. Financing: $1.9M payable to the seller,…

John Winslow

November 24, 2017