Local developer pays $84.32 per sf for University of Denver area multifamily site
Denver County Property Location: Southeast corner of East Asbury Avenue & South Downing Street, 2005-13-21 S. Marion St. & 2000-2010-2014 S. Downing St, Denver Property Description: Vacant land zoned PUD Land Size: 31,872 sf Sales Price: $2.69M, or $84.32 per sf, or $134,375 per buildable unit Reception No.: 2016106916 Closing Date: 8/11 Grantor: Asbury Communities LLC,…
John Winslow
August 25, 2016
Becknell Industrial from Indianapolis enters the Denver market with plans for spec warehouse
Adams County Property Location: SEC E. 19th Ave. & Picadilly Road, also fronts northeast corner of Picadilly and Interstate 70, Aurora Property Description: Vacant land Land Size: 19.21 acres Sales Price: $3.45M, or $4.12 per sf Reception No.: 2016000063460 Closing Date: 8/4 Grantor: Prologis Park 70 Land Venture LLC, Megan Robert, SVP Grantee: 19th Avenue Aurora…
John Winslow
August 24, 2016
Hilltop apartment building increases in value 227.73% over five years
Denver County Property Location: 833 Dexter St., Denver “Gloria J Apartments” Property Description: 20-unit, three-story walk-up-style apartments, 15,000 sf, YOC 1963, brick construction, with nine parking spaces Land Size: 12,700 sf Sales Price: $3.9M Reception No.: 2016108964 Closing Date: 8/17 Grantor: Bear’s Fortress LLC, Ryan D. Geiser, mbr. Grantee: Dexter Residential LLC by: Red Peak Inc.,…
John Winslow
August 23, 2016
Les Schwab acquires Castle Rock Promenade site for $17.42 per sf
Douglas County Property Location: East/southeast corner of New Abbey Lane & Highway 85, Castle Rock Property Description: Vacant Land, proposed 13,000-sf Les Schwab Tire Center Land Size: 57,418 sf Sales Price: $1.M, or $17.42 per sf Reception No.: 2016050706 Closing Date: 8/1 Grantor: Lodense Privet LLC by: Promenade Castle Rock LLC, Alberta Development LLC, Donald G.…
John Winslow
August 22, 2016
Alaskan investor acquires two-story retail building in downtown Castle Rock for nearly $190 per sf
Douglas County Property Location: 340-390 Perry St., Castle Rock Property Description: 19,418-sf, two-story retail building, YOC 1999 Land Size: 11,021 sf Sales Price: $3.68M, or $189.35 per sf Reception No.: 2016052968 Closing Date: 8/8 Grantor: Castle Centerstone LLC, Timothy White, 303-688-6924, Tom Walls, & Bradley K. Brown, mgrs. Grantee: Besherit LLC, John S. Levy, 907-561-2220, &…
John Winslow
August 19, 2016
Commerce City Family Dollar building continues retail investment momentum
Adams County Property Location: 6071 E. 72nd Ave., Commerce City, “Family Dollar” Property Description: 7,880-sf retail building, YOC 2004, masonry with 31 spaces Land Size: 33,541 sf Sales Price: $1.23M, or $155.46 per sf Reception No.: 2016000061569 Closing Date: 7/28 Grantor: 72nd Colorado LLC, Eleanor Anne Harrison, mgr. Grantee: Peterman Investments LLC, Helen Peterman, mgr. Financing:…
John Winslow
August 18, 2016
MGL Partners pay $52 per sf for Denver Tech Center multifamily site
Denver County Property Location: W/S S. Niagara St., 500 feet north of E. Belleview Ave., 4855 S. Niagara St., “DTC Senior Apartments” Property Description: Vacant land, zoned S-MX-12 Land Size: 92,667 sf as per survey; see 2016099978 Sales Price: $4.82M, or $52 per sf, or $29,382 per buildable unit Reception No.: 2016107684 Closing Date: 8/12 Grantor:…
John Winslow
August 17, 2016
University of Denver neighborhood apartment reaches $192,500 per door
Denver County Property Location: 2455 S. Gaylord St., Denver Property Description: 10-unit, two-story walkup-style apartment, 8,639 sf, YOC 1958, brick construction (all two-bedroom units) with six parking spaces Land Size: 7,810 sf Sales Price: $1.93M, or 2,500 per door, or 2. (loscoches.com) 83 per sf Reception No.: 2016106916 Closing Date: 8/11 Grantor: NJL Properties LLC, Judith…
John Winslow
August 16, 2016
Winslow Report 8-17-16
The Winslow Report, authored by John V. Winslow, is a compilation of transactions recently completed in Adams, Arapahoe, Boulder, Broomfield, Denver, Douglas and Jefferson counties. The information was gathered from county records and deemed to be reliable. Other sources of research include brochures and information verified by owners or listing/selling brokers. Winslow is president of WinComps…
John Winslow
August 15, 2016
Rock Creek Wine & Spirits acquires REO property for new location in Superior
Boulder County Property Location: 1697 Coalton Road, Superior Property Description: 6,396-sf retail building, YOC 2001 Land Size: 1.33 acres Sales Price: $1.06M, or $165.10 per sf Reception No.: 03534000 Closing Date: 7/25 Grantor: Liberty Capital Inc., Joseph Hoskins, SVP Grantee: Superior Liberty LLC, Tuyen Vu & Tran Le, mgrs. Financing: $1.07M (construction & SBA loan) payable…
John Winslow
August 12, 2016
