AAA sells building to Denver investor, trades for Atrium I
Denver & Arapahoe counties Address or Location: 4100 E. Arkansas Ave., Denver Improvements: 63,335-sf, two-story, garden-level office building, YOC 1965, brick Land Size: 2.28 acres Date of Recording: 7/27 Reception No. 2017098189 Price: $7.34M, or $115.89 psf Grantor: AAA Colorado Inc., Robert Stewart, CFO Grantee: 4100 Investors LLC, Ryan Arnold & Bill Parkhill, mgrs..) 1550…
John Winslow
August 14, 2017Office building in Greenwood Village sells for $27.25 million
Arapahoe County Address or Location: 6162 S. Willow St., Greenwood Village, “Atrium III” Improvements: 156,800-sf net-rentable, three-story office building, YOC 1982, brick Land Size: 7.045 acres Date of Recording: 7/19 Reception No.: D7083126 Price: $27.25M, or $173.79 psf Grantor: 6162 S. Willow Drive-Englewood LLC, Spencer Hale, VP, c/o iStar, 860-815-5900, headquartered in NYC, 212-930-9400 Grantee:…
John Winslow
August 11, 2017Republic Park snagged by Greenwood Village investor for $10.8 million
Arapahoe County Address or Location: 9250 E. Costilla Ave., Greenwood Village, “Republic Park” Improvements: 91,098-sf, six-story office building, YOC 1983, brick, renovated in 1992, with common area renovated in 2015 Land Size: 4.1 acres Date of Recording: 7/19 Reception No.: D7083126 Price: $10.8M, or $118.55 psf Grantor: LNC Investments LLC, Richard Q. Latham, mgr. Grantee:…
John Winslow
August 10, 2017Lennar acquires 327 lots in Thornton for $9.1 million
Adams County Address or Location: NWC E. 144th Ave. and Holly St., Thornton Land Size: 327 vacant platted lots (60.16 acres of lots plus 24.67 tract acres) Date of Recording: 7/21 Reception No.: 63020 2017 Price: $9.16M, or $3.48 psf – lot area – or $27,849 per lot Grantor: VTL Willow Bend LLC (True Life…
John Winslow
August 9, 2017Freestanding building on Broadway sells for $300 per square foot
Denver County Address or Location: 333 Broadway, Denver Improvements: 3,200-sf, freestanding retail building, YOC 1965, stone Land Size: 12,587 sf Date of Recording: 7/21 Reception No.: 2017096709 Price: $960,000, or $300 psf Grantor: 7-Eleven Inc., Irving, TX 75063 Grantee: 1509 Lofts LLC, Hamid David Motorjemi, mgr. Financing: Cash Comments: See APN: 05102-17-010, zoned U-MS-5. This…
John Winslow
August 8, 2017Lone Tree self-storage site sells for more than $12 per square foot
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 7, 2017450-unit Aurora apartment complex sells for $104,444 per door
Arapahoe County Address or Location: 9913 E. First Ave., Aurora Improvements: 228-unit, three-story apartment complex with four buildings, 150,720 sf plus 4,452-sf clubhouse/office, wood siding construction; 222-unit apartment with five buildings, 149,769 sf, YOC 1972 (total 450 units, 300,489 sf) Land Size: 14.46 acres Date of Recording: 7/13 Reception No. D7080986 Price: $47M, or $156.41…
John Winslow
August 5, 2017Denver developer acquires 1,150 acres from LNR High Point for $25 million
Adams County Address or Location: Vicinity of East 64th Ave. & E-470, Aurora Improvements: Vacant land Land Size: 1,150 acres Date of Recording: 7/21 Reception No.: 63263 2017, also recorded in Denver County Price: $25M, or $21,739 per acre Grantor: LNR CPI High Point LLC Grantee: ACM High Point VI LLC, Andrew Klein, mgr. Financing:…
John Winslow
August 4, 2017Steelmax acquires industrial building near Arapahoe & Jordan roads
Arapahoe County Address or Location: 15335 E. Fremont Dr., Englewood Improvements: 11,040-sf warehouse, YOC 1999, metal & frame siding Land Size: 1.64 acres Date of Recording: 7/14 Reception No. D7081044 Price: $2M, or $181.16 psf Grantor: McDade-Woodcock Inc., Bob McDade, pres. Grantee: JK Partners LLC, Kevin Allen, mgr. & CEO of Steelmax Tools Comments: Steelmax…
John Winslow
August 3, 2017Lakewood apartments sell for $107 million
Jefferson County Address or Location: 255-315-409 Zang St. & 13015 W. Second Place, Lakewood, “Ascend at Red Rocks” & 351 Zang St. Lakewood, “Elevate at Red Rocks.” Improvements: 580-unit apartment complex, 535,012 sf, YOC 1981 & 2001. Land Size: 26 acres Date of Recording: 6/30 Reception No. 2017068577 Price: $107M, or $ 184,483 per unit…
John Winslow
August 2, 2017