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Jackson Square Properties acquires Centennial Apartments for $74.5 million

Arapahoe County Property Location: 7338 S. Havana St., Centennial, “Elevate Apartments” Property Description: 285-unit apartment complex with 10 buildings, 235,008 sf net rentable area, YOC 2018, masonry/frameconstruction Land Size: 8.04 acres Sales Price: $74.5M, or $261,404 per door Density: 35.45 d/u per acre Reception No.: D9002772 Closing Date: 1/9 Grantor: 7338 Havana Development Company (JH. Curtis Keller),…

John Winslow

February 13, 2019

Texas investor acquires Cherry Creek Place III for $6.6 million

Arapahoe County Property Location: 3151 S. Vaughn Way, Aurora, “Cherry Creek Place III” Property Description: 107,364-sf, six-story office building, YOC 1981, masonry & glass construction Land Size: 3.246 acres Sales Price: $6.6M, or $61.47 psf Reception No: D9009649 Closing Date: 2/1/19 Grantor: AHC Metro Cherry Creek III LLC, Tom Zabor, Signatory Grantee: PBIV-3151 South Vaughn Way LP…

John Winslow

February 12, 2019

Colewood Apartments sells for record high $525.76 per rentable square foot

Denver County Property Location: 3860 Tennyson St., Denver, “Colewood Apartments” Property Description: 49-unit, five-story apartment, 36,804 sf rentable area, YOC 2017, & 21,294 sf structured parking with 50 parking spaces Land Size: 15,863 sf Sales Price: $19.35M, or $394,898 per unit, or $525.76 psf Reception No: 2019010751 Closing Date: 1/29/2019 Grantor: RPDG Tennyson Street LLC (J. David…

Kris Oppermann Stern

February 11, 2019

Goldman Sachs/Unico Properties execute $437.5 million loan to Morgan Stanley on 11 Boulder buildings

Boulder County Property Location: 4780-4999 Peal East Circle, One Pearl Plaza Property Description: 11 separate office buildings totaling 491,672 sf, YOC 1988-1999, masonry construction Land Size: 18.81 acres Sales Price: $150M, or $305.08 psf Reception No.: 3694792 Closing Date: 1/18/2019 Grantor: UPI/P7 Pearl East LLC, c/o Unico Properties Grantee: Western Office Portfolio Property Owner LLC (Alexander Cheek,…

John Winslow

February 8, 2019

Colorado Tech Center sites sell to Louisville developer for $1.5M

Boulder County Property Location: 1411 & 1443 S. Arthur Ave., Louisville Land Size: 1. 3.57 acres & 2. 2.19 acres (total 5.76 acres) Sales Price: $1,45M, or $5.78 psf Reception No.: 3694890 Closing Date: 1/22/19 Grantor: Sky Trail Investments LLC, Alexander Topakas, mgr., 303-589-0123 Grantee: CTC Gateway LLC (Mike Eisenstein, mgr., & Justin Collier, 906 Main…

John Winslow

February 7, 2019

Tebo exchanges into former First National Bank Longmont building

Boulder County Property Location: 1726 Hover St., Longmont Property Description: 16,587-sf rentable area in three-story office building, YOC 2005, brick construction Land Size: 1.53 acres Sales Price: $2.3M, or $138.66 psf Reception No.: 3695706 Closing Date: 1/18 Grantor: EAT-1813, Richard Levy, 1031 trustee for Sunflower Bank Grantee: Stephen D. Tebo Financing: Cash Comments: 5,529 sf available on lower…

John Winslow

February 6, 2019

Boulder investors land 4,150-sf medical building in Lafayette

Boulder County Property Location: 110 Old Laramie Trail, Lafayette Property Description: 4,150-sf medical office building, YOC 2016, masonry Land Size: 7,413 sf Sales Price: $1.57M, or $378.31 psf Reception No.: 3695329 Closing Date: 1/18/2019 Grantor: Creekside 110 LLC (Hans Brutsche, mgr.) Grantee: 110 Old Laramie LLC (80%), Charles P. Rahe, mgr.; & GR Group LLC (20%), Emily…

John Winslow

February 5, 2019

Lafayette family partnership snatches Longmont office/warehouse

Boulder County Property Location: 1350 Kansas Ave., Longmont Property Description: 16,093-sf, two-story office-warehouse, fluted and fractured block, YOC 1984, Land Size: 1.07 acres Sales Price: $2.28M, or $141.37 Reception No.: 3695577 Closing Date: 1/25/19 Grantor: 1350 Kansas Avenue LLC (Theresa R. Caucillo, mgr.) Grantee: The Sanders Family LLC (Scott & Diane Sanders, mgr.), Lafayette Financing: $1.45M payable…

John Winslow

February 4, 2019

Castle Rock apartments sell to Seattle firm for $16.5 million

Douglas County Property Location: 1465 Red Hawk Drive (NWC Wolfensberger Road & Red Hawk Drive), Castle Rock Property Description: 56-unit apartment, 61,435 sf, YOC 2017, masonry/frame construction Land Size: 4.54 acres Sales Price: $16.49M, or $294,554 per unit, or $268.50 psf Reception No.: 101619 2018 Closing Date: 12/27/18 Grantor: Wolfenberger LLLP (Brian R. Bahr, mgr.), 719-598-5190 Grantee:…

John Winslow

February 1, 2019

New single-tenant retail buildings in Thornton sell at 5.8 percent cap rate

Adams County 1. Property Location: 581 W. 84th Ave., Thornton Property Description: 3,044-sf retail building, YOC 2018 Land Size: 19,602 sf Sales Price: $2.48M, or $813.07 psf Reception No.: 4828 2019 Closing Date: 1/18/2019 Grantor: Evergreen-88th& Fox LLC by: Evergreen Devco Grantee: VEB Properties (Virginia E. Bright, mgr.), Le Grand, CA 95333 Financing: $510,000 payable to First Savings Bank,…

John Winslow

January 31, 2019