• Four separate Denver industrial buildings fetch $7.96M

    Denver County Property Location: 4230 Elati St., Denver Property Description: 16,932-sf manufacturing building, YOC 1973 Land Size: 35,801 sf Sales Price: $3.05M, or $180.13 psf Reception No.: 2018101374 Closing Date:8/9 Grantor: KBD Investments LLC (Nicole Kazenske & Anne Marie Dienstbach) Grantee: Herrick Durango Land Co. (Edward D. Herrick Jr., mgr.) Financing: $1.83M to Community Banks of Colorado Comments: Listed and sold by...

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  • Hines lands Thornton’s Parterre site at E-470 & Quebec

    Adams County Property Location: Southeast corner E. 152NDAve. & Holly St., Thornton, “Parterre Subdivision” Property Description: Vacant land Land Size: 765.36 acres Sales Price: $20.78M, or $27,150 per acre Reception No.: 74041 2018 Closing Date: 9/10 Grantor: Plateau 470 LLC (Claude J. Zinngrabe Jr.), c/o Fremont Realty Capital, 199 Fremont St., Suite 1900, San Francisco, CA 94105, 415-284-8500 Grantee: HT Parterre Land LP,...

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  • AIMCO acquires high-density site in Fitzsimons for 253 units

    Adams County Property Location: Southeast corner E. 22ndAve. & Ursula St., Aurora Property Description: Vacant land, 253 units planned Land Size: 1.88 acres Sales Price: $1.64M, or $20 psf, or $6,475 per buildable unit Reception No.: 73915 2018 Closing Date: 9/10 Grantor: Fitzsimons Redevelopment Authority (Donald M. Elliman Jr., chairman) Grantee: AIMCO Fitzsimons 3A Lessor LLC Financing: Cash Comments: Proposed $85 million,...

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  • Interstate 25 & East Evans assemblage closes at $13.3M

    Denver County Property Location: 2100-2135-2175 S. Cherry St., 2150 S. Cherry St., 2160 S. Clermont St., 2135-2175 S. Clermont St., Denver Property Description: Several improvements totaling 72,152 sf Land Size: 128,396 sf (6 separate parcels) Sales Price: $13.3M, or $103.59 psf Reception No.: 2018114462, 2018114460, 2018114461, 2018114459, 201811481, 2018114478 Closing Date: 9/7 Grantor: 2100 S. Cherry Street LLC (Estate of Tom Luinstra),...

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  • Melody Homes finds gold in Bennett with 175 platted lots

    Adams County Property Location: Southeast corner Penrith Road & U.S. Highway 36, Bennett Property Description: Vacant land Land Size: 24.3317 acres in 175 paper-platted lots Sales Price: $3.24M, or $3.05 psf/$18,500 per lot Reception No.: 2018000064296 Closing Date: 8/16 Grantor: Penrith Park Joint Venture LLC (Jim Marshall, mgr.) Grantee: Melody Homes Inc. Financing: Cash Comments: Lots 1-4 Block 1, Lots 1-52 Block 2,...

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  • Del Taco restaurant sells to Arizona Investor for $3 million

    Arapahoe County Property Location: 24023 E. Prospect Ave., Aurora Property Description: 2,361-sf fast-food restaurant, YOC 2005, masonry Land Size: 58,806 sf Sales Price: $3M, or $1,271 psf Reception No.: D8085178 Closing Date: 8/22 Grantor: Lawrence Lee, 141078 Ventura Blvd., Sherman Oaks, CA 91423 Grantee: Colorado Del Holdings LLC (Brent A. Veach, mbr.), Scottsdale, AZ 85255 Financing: $3.58M due 9-1-28, payable to JPMorgan...

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  • Downtown Denver office tower fetches $238 million

    Denver County Property Location: 1670 Broadway, Denver, “TIAA Building” formerly “Amoco” Property Description: 36-story, 704,566-sf office tower, YOC 1978 Land Size: 1.26 acres Sales Price: $238M, or $337.80 psf Reception No.: 2018104753 Closing Date: 8/16 Grantor: 1670 Broadway Investors LLC by: TPF Equity REIT Operating Partnership LP, William P. Robertson, executive director, 860-616-9121 Grantee: HPI 1670 BRDW LLC, c/o JM Capital LLC 50...

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  • Equitable Residential buys Radius Uptown for $134.97 million

    Denver County Property Location: 1985 Logan St., Denver, “The Radius Uptown Apartments” Property Description: 372-unit, 12-story apartment, 287,625 sf, YOC 2016 Land Size: 54,419 sf Sales Price: $134.97M, or $362,823 per unit, or $469.26 psf Reception No.: 2018106349 Closing Date: 8/21 Grantor: Uptown Denver Apartments LLC, c/o Trammell Crow (Jarvie Worcester & Matthew Schildt, 303-284-7108) Grantee: EQR-Radius Uptown LLC Financing: Cash Comments:...

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  • Parker assisted-living facility snagged for $28.7M

    Douglas County Property Location: 19160 Cottonwood Drive, Parker Property Description: 143-unit assisted-living and memory care, three-story facility (117 units assisted living & 26 units memory care), YOC 2017, 105,186 sf Land Size: 4.406 acres Sales Price: $28.69M, or $200,612 per unit, or $272.73 psf Reception No.: 2018049794 Closing Date: 8/8 Grantor: Crown Point Assisted Living LLC (Steven M. Cersonsky, mgr.) Grantee: Parker...

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  • Aspect Apartments in Lone Tree command $62 million

    Douglas County Property Location: 10400 Park Meadows Drive, Lone Tree Property Description: 230-unit, four-story apartment building including: 11 studio units @ 559 sf; 134 one-bedroom units @ 740 sf, average; 85 two-bedroom units averaging 1,105 sf, totaling 199,232 sf rentable area, YOC 2008 Land Size: 6.48 acres Sales Price: $62M, or $469.12 psf Reception No.: 2018050946 Closing Date: 8/17 Grantor: Lincoln Station...

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