• Belmar apartments sell for $143.5 million

    Jefferson County Property Location: 7301 W. Ohio Ave., Lakewood, “Ashford Belmar Apartments” Property Description: 512-unit, 24-building apartments with 615,080 sf rentable area, YOC 1988/1993, brick & frame construction, 27,000-sf clubhouse, Land Size: 26.31 acres Sales Price: $143.5M, or $294,531 per unit, or $304.50 psf Reception No.: 2018104265 Density: 19.46 units/acre Closing Date: 11/14 Grantor: Ashford Belmar LLC, c/o RADCO (Bryan S. Gershkowitz,...

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  • Bell Partners of North Carolina acquires apartments for $90.5M

    Adams County Property Location: 11900 Newton St., Westminster, “Bell Bradburn Apts.” Property Description: 310-unit, three-story apartments, 389,578 sf rentable area, YOC 2002, frame construction. The unit mix is 84 one-bedroom units, 210 two-bedroom units and 16 three-bedroom units Land Size: 11.176 acres Density: 27.74 units per acre Sales Price: $90.48M, or $291,854 per unit or Reception No.: 2018000092685 Closing Date: 11/15 Grantor:...

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  • Build-to-suit site for 7-Eleven purchased in Aurora

    Arapahoe County Property Location: Northwest Corner E. Alameda Pkwy. & Airport Blvd., Aurora Property Description: Vacant land, proposed 3,010-sf, 24-hour convenience store with 6 bays and 12 gasoline pumps Land Size: 3.296 acres Sales Price: $1.63M, or $11.32 psf Reception No.: D8116673 Closing Date: 11/26 Grantor: Tollgate Properties LLC (Lisa J. Levy, mgr.) Grantee: BV Airport LLC, c/o Cadence Development, Robert Beery,...

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  • Commerce City warehouse is snagged by owner-user for $1.21 million

    Adams County Property Location: 6430 E. 50thAve., Commerce City Property Description: 11,692-sf warehouse, twin-tee construction, YOC 1962 Land Size: 18,295 sf Sales Price: $1.21M, or $103.49 psf Reception No: 93283 2018 Closing Date:11/16 Grantor: JS Builders LLC Grantee: Blackwater LLC (Christopher John Chaplin, mbr.), 303-920-2286 Financing: $993,600 SBA loan payable to Wells Fargo Bank, NA Comments: Listed for sale by Unique Properties,...

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  • CBRE sells Castle Rock apartments for $73.05M

    Denver County Property Location: 4300 Swanson Drive, Castle Rock, “Echelon at the Meadows” Property Description: 240-unit, three-story apartment community with 261,924 rentable sf, YOC 2018. Unit breakdown: 24 one-bedroom units @ 757 sf; 24 one-bedroom units @ 809 sf; 24 one-bedroom units @ 859 sf; 24 one-bedroom units @ 954 sf; 48 two-bedroom, two-bath units @ 1,095 sf; 24 two-bedroom...

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  • Local roofing company snags Aurora office/warehouse for $1.35 million

    Adams County Property Location: 1660 Chambers Road, Aurora Property Description: 9,393-sf office/warehouse, masonry, YOC 1962 Land Size: 20,475 sf Sales Price: $1.35M, or $143.72 psf Reception No.: 94513 2018 Closing Date: 11/26 Grantor: Cardinal Enterprises LLC (Brad Hrabik, mbr.) Grantee: Highline Roofing & Gutters Inc. (Eduardo Vazquez-Miranda, pres.) Financing: $1.01M payable to Commerce Bank, NA Comments: Listed for sale by Stream Realty Partners,...

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  • Newmark Knight Frank sells 256-unit Ironwood at Red Rocks for $75.4 million

    Jefferson County Property Location: 13195 W. Progress Circle, Littleton, “Ironwood at Red Rocks” Property Description: 256-unit, three-story apartment community with 247,616 sf, YOC 2002, brick & frame construction Land Size: 12.248 acres Sales Price: $75.4M, or $294,531 per unit, or $304.50 psf Reception No.: 2018100012 Closing Date: 11/1 Grantor: Belle View Apartments LLC, c/o Embry Development (Brent Goodwin, VP) Grantee: AvalonBay Ironwood...

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  • Dallas REIT snags Westminster’s VASA Fitness center for $10.19 million

    Jefferson County Property Location: 8543 Church Ranch Blvd., Westminster, “VASA Fitness” Property Description: 57,816-sf fitness center (former Safeway s tore), YOC 2001, masonry construction Land Size: 7.01 acres Sales Price: $10.19M, or $176.23 psf Reception No.: 12018103927 Closing Date: 11/15 Grantor: HD Church Ranch LLC, et al. (Kevin B. Hawkins, mgr.) Grantee: Spirit Realty LP, Daniel Rosenberg, SVP–acquisitions, 972-476-1958 Comments: Vasa Fitness has...

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  • DPC, partner land 20-building office park for $143.65M

    Jefferson County Address: 13949 W. Colfax Ave., 1597 Cole Blvd., 1607 Cole Blvd., 1617 Cole Blvd., 1627 Cole Blvd., 1637 Cole Blvd., 1667 Cole Blvd., 1536 Cole Blvd., 1536 & 1546 Cole Blvd., 13922 Denver West Parkway, 14142 Denver West Parkway, 14062 Denver West Parkway, 13952 Denver West Parkway, 1746 Cole Blvd., 13772 Denver West Parkway, 1658 Cole Blvd., 1626...

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  • NKF Multifamily sells northeast Denver apartments for $94.5 million

    Denver County Property Location: 4300 Swanson Drive, Castle Rock, “Echelon at the Meadows” Property Description: 240-unit, three-story apartment community with 261,924 rentable sf, YOC 2018. Unit breakdown: 24 one-bedroom units @ 757 sf; 24 one-bedroom units @ 809 sf; 24 one-bedroom units @ 859 sf; 24 one-bedroom units @ 954 sf; 48 two-bedroom, two-bath units @ 1,095 sf; 24 two-bedroom...

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