• Apartments at the East Colfax & Ironton Street sell for $5.49 million

    Adams County Property Location: 10675 E. Colfax Ave., Aurora Property Description: 54-unit single story apartment complex with six buildings totaling 25,261 sf, plus 616-sf office; YOC 1945 & YOC 1981, brick construction Land Size: 3.73 acres Sales Price: $5.49M, or $101,667 per door, or $212.25 psf Reception No.: 78041 Closing Date: 9/25 Grantor: Aurora Homes LLC (Lee H. Weinstein, mgr.) Grantee: Steele...

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  • Castle Rock Good Times restaurant sells as up-leg to 1031 exchange

    Douglas County Property Location: 248 Metzer Drive, Castle Rock, “Good Times Burgers restaurant” Property Description: 2,539-sf restaurant, YOC 2004 Land Size: 43,560 sf Sales Price: $1.35M, or $531.71 psf Reception No.: 2018059150 Closing Date: 9/26 Grantor: MFG Holdings LLC (Donald E. Morrow, mbr.) Grantee: BPAZ Properties LLC (Larry Pisciotta, CEO of Brakes Plus), 303-221-8600 Financing: Up-leg 1031 exchange Comments: 10-year lease with...

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  • Next-door neighbor in Commerce City acquires 12,672-sf warehouse

    Adams County Property Location: 4960 Locust St., Commerce City Property Description: 12,672-sf warehouse, YOC 1962, twin-tee concrete Land Size: 1.43 acres Sales Price: $2.4M, or $189.39 psf Reception No.: 77063 Closing Date: 9/21 Grantor: 4960 Locust CO LLC (Mariann Gullo-Krewenka, et al.) Grantee: 4936 Locust LLC (Eric Stern, mgr.) Financing: $1.92M payable to First Citizens Bank & Trust, due 9-21-33 Comments: Buyer...

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  • Denver business owner expands to adjoining property

    Denver County Property Location: 920-930-932 Inca St., Denver Property Description: 1,882-sf industrial building, YOC 1925, masonry (in back) & 3,120-sf office building (in front), YOC 1960, masonry (total 5,002 sf) Land Size: 10,981 sf Sales Price: $1.34M, or $266.89 psf Reception No.: 2018114152 Closing Date: 9/7 Grantor: Inca Street LLC (James R. Martin, mgr.) Grantee: Edgewater Holdings Limited (Josh Berman, mbr.), 916...

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  • Small office building commands large price in ‘hot’ Castle Rock market

    Douglas County Property Location: 509 N. Wilcox St., Castle Rock Property Description: 7,480-sf, two-story office building, YOC 1968, masonry Land Size: 12,600 sf Sales Price: $1.69M, or $226.47 psf Reception No.: 2018053971 Closing Date: 8/31 Grantor: Guaranty Bank & Trust Company, Amy Lovell, EVP Grantee: 509 Wilcox LLC (Daniel Price, mgr.), 281-891-3682 Financing: $1.36M payable to MidFirst Bank, due 10 years Comments:...

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  • Kansas City firm launches Top Golf Entertainment Center in Thornton

    Adams County Property Location: Near southeast corner of Interstate 25 & East 168th Avenue Property Description: Vacant retail site, plans for Top Golf Entertainment Center Land Size: 12.6686 acres Sales Price: $5.16M, or $9.36 psf Reception No.: 74031 2018 Closing Date: 9/11 Grantor: Thornton 164 LLC (Jordon Perlmutter Co., Jay Perlmutter, pres.) Grantee: EPR Thornton Holdings LLC (Michael L. Hirons, VP), 816-472-1700 Financing:...

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  • Promenade retail building snagged for $6.45 million

    Douglas County Property Location: 6360 Promenade Road, Castle Rock Property Description: 11,195-sf, five-tenant retail center, YOC 2017, masonry construction Land Size: 1.22 acres Sales Price: $6.45M, or $576.15 psf Reception No.: 2018053727 Closing Date: 8/30 Grantor: Adam’s Needle (Promenade Castle Rock, Alberta Development, Don Provost) Grantee: 6360 Promenade LLC (Michael W. Evans, mgr.), Castle Rock Financing: Cash Comments: This property was listed...

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  • Adams County retail center is purchased by local investor for $2.8 million

    Adams County Property Location: 7236 Federal Blvd., Denver, “La Conte Center” Property Description: 14,905-sf retail center, YOC 2005; 2,400-sf retail building, YOC 2004, & 1,856-sf fast-food restaurant, YOC 1976; (total of 19,161 sf) Land Size: 2.4 acres Sales Price: $2.8M, or $125.25 psf Reception No.: 74031 2018 Closing Date: 9/11 Grantor: LaConte, J&R Real Estate Administrative Trust (Brian A. LaConte, co-trustee, & Pasquale...

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  • Castle Rock Sam’s Club ground lease closes for $6.3 million

    Douglas County Property Location: 5940 Promenade Road, Castle Rock Property Description: 136,482-sf, single-story big box Sam’s Club, YOC 2017, masonry construction plus 192-sf service station with pumps Land Size: 16.435 acres Sales Price: $6.3M Reception No.: 2018054793 Closing Date: 9/7 Grantor: Imperial Locust (Promenade Castle Rock, Alberta Development, Don Provost) Grantee: Brock Associates III LLC (Andrew Brock, mgr.), 719-579-6433, Colorado Springs 80906...

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  • Park Burger snags location in Washington Park

    Denver County Property Location: 1066 S. Gaylord St., Denver “Park Burger” – Washington Park Property Description: 5,250-sf restaurant/tavern, YOC 2009, masonry Land Size: 5,670 sf Sales Price: $2.38M, or $452.38 psf Reception No.: 2018114926 Closing Date: 9/7 Grantor: 1066 South Gaylord LLC (Jennifer Carpanini, mgr.), c/o Tavern Hospitality Group, 303-733-0350 Grantee: Ten 66 South Gaylord LLC (Jean P. Fanyau & Peter Newlin,...

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