Firm acquires 74,209-sf industrial building in Inverness Business Park for $105 psf
Arapahoe County Address: 24 Inverness Place East, Englewood Land Size: 7.242 acres Improvements: 74,209-sf industrial/flex building, YOC 1980, masonry construction, two exterior loading docks & two drive-in doors Date of Recording: 12/18/17 Reception No: D7142133 Price: $7.79M, or $105 psf Grantor: 24 Inverness/1777 LLC, et. al, Stuart C. Ogilvie, mgr. Grantee: Bonakemi USA Inc., Richard…
John Winslow
December 26, 2017Railhouse Denver acquires 31,250 square feet
Denver County Address: Southwest corner of Inca St. & W. 40th Ave., Denver Land Size: 31,250 sf Improvements: Land value, misc. improvements, 29 units proposed Date of Recording: 12/13 Reception No.: 2017162496 & 2017162478 Price: $3.45M, or $110.40 psf Grantor: 3931 Inca LLC & 3995 Inca St. LLC, Dennis McLin, mgr., 720-480-9347 Grantee: Railhouse Denver…
John Winslow
December 22, 2017Forest City lands two homebuilders with $1.23M in sales
Denver County Address: 1) Northwest corner Beeler Street & E. 58th Ave., Denver; 2) North of E. 57th Place, and Boston Street Land Size: 8 lots totaling 19,530 sf; 2) 8 lots totaling 22,863 sf Improvements: Vacant lots Date of Recording: 12/13 Reception No.: 2017162496 & 2017162478 Price: $776,900/$39.78 psf/$97,113/lot; $456,000/ $19.95 psf/$57,000/lot Grantor: FC…
John Winslow
December 21, 20171970s apartment complex fetches $63.7 million
Broomfield County Address: 1030-1049 E. 10th Ave., Broomfield Improvements: 209-unit, three-story apartment complex, YOC 1973 (five buildings); and 213-unit, three-story walk-up apartment complex, 1974, 21 buildings, total 422 units Date of Recording: 12/4 Reception No.: 2017014873 & 2017014878 (2 deeds combined) Price: $63.7M, or $147,000 per door Grantor: FPA5 Birch LLC c/o Trinity Property Consultants…
John Winslow
December 20, 2017Denver retail center acquired by Aurora investors for $7.6 million
Denver County Address: 5135-45 Chambers Road, Denver Land Size: 2.2 acres Improvements: 12,047-sf & 8,707-sf retail buildings (20,754 sf total), YOC 2002 Date of Recording: 12/12 Reception No.: 2017161763 Price: $7.6M, or $366.19 psf Grantor: Gaffey Chambers LLC, c/o Westwood Financial Corp., California Grantee: Kims Investments Inc., Young M. Kim, pres., & Peakview Plus LLC,…
John Winslow
December 19, 2017600-unit Aurora apartment complex fetches $96 million
Arapahoe County Address: 11850 E. Maple Ave., Aurora, “Aurora Hills Apartments” Land Size: 47 acres Improvements: 600-unit, two- to three-story apartment complex, 550,264 sf, YOC 1970, 1974 Date of Recording: 12/12 Reception No.: 2017161763 Price: $96M, or $160,000 per door, or $174.46 psf Grantor: 11850 East Maple GP LLC, James Kane, mgr. Grantee: Maple Owner…
John Winslow
December 18, 2017Englewood apartments sell to Jackson Square for $52 million
Arapahoe County Address or Location: 10001 E. Dry Creek Road, Englewood, “The Rail @ Inverness” Land Size: 7.629 acres Improvements: 219-unit, five-story apartment, YOC 2007, 179,537 sf “rentable area,”,brick & frame construction Density: 28.7 units per acre Date of Recording: 12/5 Reception No.: D7138224 Price: $52M, or $237,443 per door, or $289.63 psf Grantor: Holland…
John Winslow
December 14, 2017Longtime Denver firm snags Cherry Creek building for $586.39 per square foot
Denver County Address: 231 Detroit St., Denver Improvements: 8,868-sf retail building, YOC 1985 Land Size: 6,250 sf Date of Recording: 11/20 Reception No.: 2017152985 Price: $5.2M, or $586.39 psf Grantor: Diamond Property Group LLC, Michel A. Miro, mgr., Miro Jewelers Grantee: Detroit Street Holdings c/o Buell & Company, John Maragon, mgr., 303-320-6929 Comments: Property was…
John Winslow
December 13, 2017Denver flex industrial building sells for $143.69 per square foot
Denver County Address: 1332 S. Cherokee St., Denver Improvements: 3,960-sf flex building, YOC 1962, twin-tee construction Land Size: 9,835 sf Date of Recording: 11/17 Reception No.: 2017152985 Price: $569,000, or $143.69 psf Grantor: Westbrook III LLC, James Feldstein, mgr. Grantee: Cherokee Commercial LLC, James M. Ticconi, mgr., 303-269-1575 Comments: Listed by Marc S. Lippitt, Justin…
John Winslow
December 12, 2017Atlanta investor closes $101 million apartment deal in northeast Denver
Denver County Address: 4699 N. Kittredge St., Denver, “Lakecrest @ Gateway Park Apts.” Improvements: 440-unit apartment, 426,510 sf, YOC 2001 Land Size: 15.22 acres Density: 28.91 units per acre Date of Recording: 11/21 Reception No.: 2017152985 Price: $101M, or $229,545 per door, or $218.49 psf Grantor: Kittredge Street Apartments LLC c/o The Bascom Group LLC,…
John Winslow
December 11, 2017