• Investor pays $2.74 million for Starbucks building

    Arapahoe County Property Location: 11703 E. Arapahoe Road, Englewood Property Description: 2,022-sf free-standing Starbucks coffee shop, YOC 2017 Land Size: 1.46 acres Sales Price: $2.74M, or $1,355 psf Reception No.: D8011419 Closing Date: 1/29 Grantor: Confluent Development LLC Grantee: Arapabucks LLC Comments: This is 10-year lease with four five-year options with an in-place cap rate of 4.9%. This investment was...

    149
  • Apartments within 2 miles of one another yield $106.76M

    Adams County 1. Property Location: 101 E. 88th, Thornton Property Description: 322-unit apartment complex, 248,883 sf NRA, YOC 1973, brick and frame construction Land Size: 12.13 acres Seller: Ashford East 88 LLC 400 Galleria Pkwy. E., Ste 400, Atlanta, GA, The Radco Cos., Leslie Thaxton, regional manager – Colorado, 770-272-9330 Buyer: Thornton Multifamily LLC c/o Inland Real Estate Group Price:...

    213
  • Brinkerhoff Hospitality snaps up site for La Loma restaurant

    Douglas County Property Location: West of Promenade Pkwy., south of Castle Rock Pkwy. Property Description: Vacant pad site, proposed “La Loma” restaurant Land Size: 1.977 acres Sales Price: $1.2M, or $13.93 psf Reception No.: 2018007093 Closing Date: 2/2 Grantor: Black Mondo Grass c/o Alberta Development Partners, Donald G. Provost, mgr. Grantee: Jefferson Park Development c/o Brinkerhoff Hospitality Inc., William & Mark...

    399
  • Aurora investor pays $5.16M for retail center in Promenade at Castle Rock

    Douglas County Property Location: 1345 New Beale St., Castle Rock Property Description: 8,188-sf retail center, YOC 2016, masonry Land Size: 1.46 acres Sales Price: $5.17M, or $630.80 psf Reception No.: 2018006786 Closing Date: 2/1 Grantor: Ponderosa Pine LLC c/o Alberta Development Partners, Donald G. Provost, mgr. Grantee: Promenade Shops LLC, Paul Zueger, mgr., 70 S. Potomac St., Aurora Comments: Mark...

    523
  • CBD office building closes for $17.15 million to Denver investor

    Denver County Property Location: 1221 Broadway, Denver   Property Description: 50,752-sf, three-story office building, YOC 2014 Land Size: 6,500 sf Seller: CPX Broadway Office LLC, Thomas E. Banta, mgr., 303-339-9800 Buyer: Ever Beauty LLC (Jisheng Song, mgr.) 2855 Country Wood Lane, West Covina, CA 91791 (95%) & NCP 1221 Broadway (5%) (Brian Watson, mgr.), 1999 Broadway, Suite 770, Denver 80202 Price:...

    305
  • Investors acquire midrise office building in Glendale

    Arapahoe County Property Location: 4500 Cherry Creek Drive South, Glendale Property Description: 238,420-sf, 12-story office building, YOC 1973, renovated 2012, concrete panel construction Land Size: 5.367 acres Sales Price: $40.5M, or $169.87 psf Reception No.: D8011419 Closing Date: 1/29 Grantor: AA Cherry Creek LLC c/o EverWest Real Estate Partners LLC, Paul Andrews, mgr. Grantee: G&I IX MJW Cherry Creek LLC...

    338
  • Value grows by 34.4% on $50 million Castle Rock apartments

    Douglas County Property Location: 483 Scott Blvd., Castle Rock, “Bluffs at Castle Rock” Property Description: 220-unit, three-story apartment complex, 200,516 sf, with 11 buildings and a 2,837-sf clubhouse, YOC 1998, frame construction Land Size: 11.024 acres Sales Price: $50M, or $227,273 per unit, or $249.36 per sf Closing Date: 1/31/2018 Reception No.: 2018006612 Density: 19.96 units per acre Grantor: JSP...

    373
  • Lone Tree apartments snagged by Braddock and Logan for $110.85 million

    Douglas County Property Location: 10047 Park Meadows Drive, Lone Tree Property Description: 400-unit apartment complex, 400,196 sf, plus 9,416-sf retail space, YOC 2003; 550 surface parking spaces, 121 detached garages Land Size: 14.46 acres Density: 27.66 units per acre Sales Price: $110.85M, or $277,125 per unit, or $270.62 per sf Reception No.: 2018004992 Closing Date: 1/24 Grantor: IMT Capital III...

    826
  • Long-term Denver investor acquires restaurant with a 10-year lease

    Denver County Property Location: 3500 Larimer St., Denver, “Hop Alley” restaurant Property Description: 5,158-sf restaurant, YOC 2000 Land Size: 6,244 sf Sales Price: $2.08M, or $403.26 per sf Reception No.: 2018009282 Closing Date: 1/24 Grantor: KOCV Fund I LLC, Chris Viscardi, mgr. Grantee: Arapahoe and Folsom Associates LLP, Rob Naiman, mgr., 303-534-5929, Denver 80202 Comments: Nikki Naiman was the broker...

    349
  • Sandstone Ranch in Larkspur sells for $18.75 million

    Douglas County Property Location: Vicinity southwest corner Perry Park Blvd. & Highway 105, Larkspur, “Sandstone Ranch” Property Description: Ranch Land Size: 2,038 acres Sales Price: $18.75M, or $9,200 per acre Reception No.: 2018003933 Closing Date: 1/24 Grantor: AR Sandstone LLC by: Hearthstone Inc., David Brittain, SVP, 818-385-3698, or Mark Porath, CEO, 818-385-0005 Grantee: Douglas County Commissioners Financing: Cash Comments: Sold...

    424