Denver sushi chef acquires former Gaia Bistro for $1.3 million
Denver County Property Location: 1551 S. Pearl St., Denver Property Description: 1,257-sf restaurant, YOC 1918 Land Size: 6,250 sf Sales Price: $1.3M, or $81.07 per sf Reception No.: 2017107439 Closing Date: 8/11 Grantor: 1551 South Pearl LLC, Patrick David Finney, mgr., 303-999-0187 Grantee: Toshihiro Kizaki Comments: This was originally planned as a redevelopment transaction as…
John Winslow
August 28, 2017Denver group acquires Aurora office building for $81 per square foot
Arapahoe County Property Location: 15200 E. Girard Ave., Aurora Property Description: 39,474-sf, four-story office building, YOC 1985, brick Land Size: 1.62 acres Sales Price: $3.2M, or $81.07 per sf Reception No.: D7091845 Closing Date: 8/11 Grantor: Handcock Park at Girard LLC, Renzhong Tan, mbr. Grantee: Golden Praxis LLC, Alkmini Anastasiadou, mgr. Financing: $2.3M payable to…
John Winslow
August 25, 2017Timberline Plastics finds a new home in Commerce City for $2.88 million
Adams County Property Location: 5701 Dexter St., Commerce City Property Description: 32,800-sf warehouse, YOC 1949 Land Size: 5.78 acres Sales Price: $2.88M, or $87.65 per sf Reception No.: 65435 2017 Closing Date: 7/28 Grantor: R & R Enterprises LLC, Richard Ortega, mbr. Grantee: CR Folsom Real Estate LLC, Charles R. Folsom, mgr., 303-289-2557 Financing: $2.3M…
John Winslow
August 24, 2017Former apartment owner trades into triple-net investment in Brighton
Adams County Property Location: 189 S. 50th Ave., Brighton, “The Learning Experience” Property Description: 10,000-sf day care, YOC 2017, Land Size: 1.38 acres Sales Price: $3.64M, or $364.28 per sf Reception No.: 65967 2017 Closing Date: 7/28 Grantor: Big Black Dog LLC, Ben R. Doud, mgr. Grantee: Prentice Ave Apartments LLC, Dino Katsoulas, mgr. Financing:…
John Winslow
August 23, 2017Matrix Group sells Pine Creek Office in Montbello for $51.66 per square foot
Denver County Property Location: 4705-4755 Paris St., & 4700-4760 Oakland St., Denver Property Description: 63,493-sf, six-building Pine Creek Office Complex, YOC 1985 Land Size: 5.33 acres Sales Price: $3.28M, or $51.50 per sf Reception No.: 2017098782 Closing Date: 7/28 Grantor: Calhoun Street Office LLC, Leon Vahn, mgr., 303-333-7500 Grantee: The Sanders Family LLC, Scott D.…
John Winslow
August 22, 2017Century Communities acquires 2.8 acres in Lone Tree for self-storage
Douglas County Address or Location: 9368 Teddy Lane, Lone Tree Improvements: Vacant land Land Size: 2.827 acres Date of Recording: 7/25 Reception No. 2017050455 Price: $1.5M, or $12.18 psf Grantor: Lone Tree Storage LLC by: Hier & Company, Nicholas Hier, mgr. Grantee: Storage at Lone Tree LLC by: Century Communities Financing: Cash Comments: Legal is…
John Winslow
August 21, 2017Sunnyside neighbor acquires small warehouse for $640,000
Denver County Address or Location: 4250 Fox St., Denver Improvements: 3,840-sf warehouse, YOC 1972, metal construction Land Size: 6,250 sf Date of Recording: 7/27 Reception No. 2017098020 Price: $640,000, or $166.67 psf Grantor: Container Graphics Corp., Jeff Manning, VP & CFO Grantee: 4250 Fox St LLC, Karl Seader, mbr., 401 W. 43rd Ave., Denver Financing:…
John Winslow
August 18, 2017PedCor Properties of Indiana pays $5.4M for 16.32 acres in Thornton
Adams County Address or Location: Northeast corner East 160th Ave. & Grant St., Thornton Improvements: Vacant land, proposed 338-unit apartment complex Land Size: 16.318 acres Date of Recording: 7/21 Reception No. 63427 2017 Price: $5.4M, or $7.60 psf, or $15,976 per unit Grantor: Thornton 164 LLC, Jay Perlmutter, mgr. Grantee: Village Capital Corp., c/o Signature…
John Winslow
August 17, 2017Austin apartment developer lands high-density site for $163.45 per square foot
Denver County Property Location: 2432 W. Byron Place & 2430 & 2450 Alcott St., Denver Property Description: Misc. improvements (land value) Land Size: 35,178 sf, zoned C-MX-12 Sales Price: $5.75M, or $163.45 per sf Reception No.: 2017098802 & 2017098801 Closing Date: 7/28 Grantor: Wright Family 1995 LLLP, Ruth M Wright & Kenneth R. Wright, GP…
John Winslow
August 16, 2017Douglas County flex building is snagged by Wisconsin Investor for $17.6 million
Douglas County Property Location: 8560 Upland, Englewood Property Description: 147,550-sf industrial building, YOC 2001, tilt-up concrete Land Size: 11.564 acres Sales Price: $17.6M, or $119.28 per sf Reception No.: 2017051215 Closing Date: 7/28 Grantor: Wells Fund XIII – REIT Joint Venture, Leo F. Wells III, pres. Grantee: Rockton Riverview LLC, Rob Gerbitz, pres., 608-362-8981 525…
John Winslow
August 15, 2017