Prime South Broadway & W. Yale corner sells for $97.02 per square foot

Denver County Property Location: 2655-89 S. Broadway Property Description: Auto sales lot with 5,688-sf commercial building, YOC 1895, & 4,117-sf retail building, YOC 1931, masonry construction Land Size: 31,250 SF Sales Price: $3.03M, or $97.02 psf (land value) Reception No.: 2019020140 Closing Date: 2/19 Grantor: JT Broadway (John G. Tumbarello Jr.) Grantee:  Flywheel Yale LLC (Benjamin Hrouda,…

John Winslow

February 28, 2019

Plaza 25 at Village Center sells to California group

Arapahoe County Property Location: 8100-8300 E. Maplewood Ave., Plaza 25 at Village Center Station, Greenwood Village Property Description: 196,803-sf, four-story office complex, YOC 1981 Land Size: 8.673 acres Sales Price: $17.93M, or $91.08 psf Reception No.: D9011288 Closing Date: 2/7/19 Grantor: CIO Plaza 25 LP James Farrar, CEO of City Office REIT Inc., Vancouver, British Columbia, Canada…

John Winslow

February 27, 2019

Denver apartments change hands

Denver County Property Location: 605 26thSt., Denver, “Wise Harris Arms Apartments” Property Description: 23-unit, two-story apartment, 12,390 sf, YOC 1889, renovated in 2017, brick construction (all one-bedroom units) Land Size: 9,394 sf Sales Price: $3.03M, or $131,522 per door, or $244.15 psf Reception No.: 2019016927 Closing Date: 2/13 Grantor: 2445 Lawrence LLC (Jason Koch & Rawleigh Pyne,…

John Winslow

February 26, 2019

Ohio investor buys Denver site

Denver County Property Location: NW/S Welton, 100’ northeast of 28thSt., Denver Land Size: 22,052 sf Sales Price: $2.35M, or $106.57 psf Reception No.: 2019011381 Closing Date: 1/31/2019 Grantor: Welton Property Investments LLC (Michael Markel, mgr.) Grantee: GFE Welton LLC (Oliver G. Guinness, mgr.), Boulder Financing: $2.5M payable to Community Investors LLC, Shaker Heights, Ohio Comments:Listed by…

John Winslow

February 25, 2019

Property sells for 292 apartment units

Denver County Property Location: SEC West 16th Ave. & Grove St., 1570 Grove, Denver Property Description: Land value, proposed seven-story, 292-unit apartment Land Size: 91,897 sf Sales Price: $13.2M, or $143.64 psf, or $45,205 per buildable unit Density: 138.39 d/u per acre Reception No.: 2019013464 Closing Date: 2/6 Grantor: JP Grove LLC, c/o Jordon Perlmutter Co., Jay Perlmutter, mgr.…

John Winslow

February 22, 2019

Greenwood Village developer lands 10-acre site in tech center

Arapahoe County Property Location: 6351 S. Peoria St., Centennial Property Description: Recreation and misc. buildings, YOC 1973-1980 Land Size: 10 acres Sales Price: $1.5M, or $3.44 psf Reception No.: D9010050 Closing Date: 2/1/19 Grantor: Greensprings Baptist Christian Fellowship Trust, Carleton Briggs, mgr. Grantee: 6351 S. Peoria LLC Emily Klimas, 303-771-4004, & Maria Lawson, mgrs. Financing: $1.45M payable…

John Winslow

February 21, 2019

Red Peak pays $39 million for 206 units in Denver

Denver County Property Location: 960 S. Logan St., 10 S. Pennsylvania St., 899 N. Washington St., 1360 Williams St., 1402 N. Race St., 1280 Lafayette St. (6 buildings) Property Description: 960 S. Logan St. – 23-unit, three-story walk-up style apartment, 12,675 sf, YOC 1967, brick construction; 10 S. Pennsylvania St. – 37-unit, five-story apartment, 19,139…

John Winslow

February 20, 2019

Broadstone Montane Apartments snagged by Canada-based investor

Douglas County Property Location: 18301 Cottonwood Drive, Parker, “Broadstone Montane Apts.,” NEC Parker Road Hwy. 83 & East Cottonwood Drive Property Description: 400-unit apartment complex with 23 buildings, 484,534 sf of gross building area, plus 9,955-sf clubhouse, YOC 2018, masonry/frameconstruction Land Size: 22.16 acres Sales Price: $120M, or $300,000 per door Density: 18.05 d/u per acre Reception…

John Winslow

February 19, 2019

Kiddie Academy site sells for $12.75 per square foot

Douglas County Property Location: 10344 Park Meadows Drive, Lone Tree, “Kiddie Academy” Property Description: Vacant land, proposed 11,000-sf child care facility Land Size: 2.25 acres Sales Price: $1.25M, or $12.75 psf Reception No.: 2019002251 Closing Date: 1/11 Grantor: Denver United Land LLC (Robert Hess, mgr.) Grantee: Woodmont Lone Tree Academy LLC (Stephen Coslik, mgr.), 2100 W. 7thSt.,…

John Winslow

February 15, 2019

Lone Tree office building sells for $10 million

Douglas County Property Location: 10004 Park Meadows Drive, Lone Tree, “Park Meadows Corporate Center I” Property Description: 60,144-sf, three-story office building, YOC 1999 Land Size: 5.003 acres Sales Price: $10M, or $166.27 Reception No.: 2019003654 Closing Date: 1/22 Grantor: LRS Bay Road Investment Group LLC Grantee: Bailey Co LLLP, 601 Corporate Circle, Golden 80401, Attn: Robert T.…

John Winslow

February 14, 2019