• IKEA ends speculation – closes on Broomfield property

    Broomfield County Property Location: NWC Interstate 25 & Colorado Highway 7 (Baseline Road), Broomfield Property Description: Vacant land Land Size: 109.45 acres Sales Price: $11.25M, or $2.36 per sf Reception No.: 2016011230 Closing Date: 8/24 Grantor: Northlands Colorado LLC , David J. Goldberg, mgr., 303-799-6300 Grantee: IKEA Property Inc., Lars Petersson, pres., 420 Alan Wood Road, Conshohocken , PA 19428 Comments:...

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  • 105-unit Staybridge hotel planned on 3.34 acres near C-470 in Littleton

    Arapahoe County Property Location: Fronts east & west side of Southpark Circle, approximately 200’ north of West County Line Road intersection, Littleton Property Description: Vacant land Land Size: 7.1 acres Sales Price: $2.68M, or $8.80 per sf Reception No.: D6098179 Closing Date: 9/1 Grantor: Westcore Hilltop LP, Marc Brutten, 4435 Eastgate Mall, Suite 300, San Diego CA 92121 Grantee: KWB LLC,...

    1993
  • Westminster medical buildings bring nearly $235 per sf

    Adams County Property Location: 8402-8406 Clay St., & 8403 & 8707 Bryant St., Westminster Property Description: 12,720-sf (4) medical office buildings, YOC 1973, masonry construction, “Front Range Medical Office Park” Land Size: 2.17 acres Sales Price: $2.99M, or $234.67 per sf Reception No.: 2016000069951 Closing Date: 8/23 Grantor: Regel Enterprises LLC, M. Jean Leger & Alfred S. Leger, mgr. Grantee: Advanced...

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  • Pamlico Investments purchases Northglenn site for self-storage development

    Adams County Property Location: 2255 E. 104th Ave., Northglenn, proposed self-storage Property Description: Vacant land, proposed three-story building containing 811 self-storage units with 110,718 sf Land Size: 2.31 acres, zoned I-2 Sales Price: $2M, or $19.85 per sf Reception No.: 2016000070652 Closing Date: 8/24 Grantor: Charles Ehmka & Teri Ehmka Grantee: 2255 E. 104th Ave LLC, D. Brent Wright Jr., president,...

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  • Popular apartment investment type sells for $124,250 per door

    Arapahoe County Property Location: 3470 S. Marion St., Englewood, “South Marion St. Apts.” Property Description: 20-unit, three-story walk-up style apt. building, 10,728 sf, YOC 1969, brick/frame construction, 20 parking spaces Land Size: 12,500 sf Sales Price: $2.49M, or $124,250 per door, or $231.64 per sf Reception No.: D6094384 Closing Date: 8/24 Grantor: 3470 South Marion Street LLC, Marsha Hennessy, mgr. Grantee:...

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  • Local developer sells two pad sites in Coal Mine/Wadsworth retail center

    Jefferson County Property Location: NEC W. Coal Mine Road & S. Wadsworth Property Description: Vacant land, plans for 7,373-sf Discount Tire store Land Size: 33,541 sf Sales Price: $1.19M, or $35.48 per sf Reception No.: 2016082695 Closing Date: 8/16 Grantor: CDev I LLC, c/o Cornerstone Capital, Chad Roach, mgr.,303-956-3455 Grantee: Holdco 4 LLC c/o Discount Tires, 480-606-6000 Comments: The proposed five-bay...

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  • Three-tenant Englewood industrial investment generates many offers

    Arapahoe County Property Location: 2835 S. Raritan St., Englewood Property Description: 9,600-sf office/warehouse, YOC 1977, masonry construction, five dock-high doors, one drive-in door, three tenants, 16’ clear Land Size: 13,068 sf Sales Price: $760,000, or $78.13 per sf Reception No.: D6093591 Closing Date: 8/23 Grantor: Darrow Family LP, Allen Barton Darrow, gen ptnr. (50%), & Sally Cayzer Trust (50%), Sally Darrow...

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  • Denver-based DCT Industrial acquires 14.6 acres

    Adams County Property Location: NE/S East 40th Avenue, 500’ east of Salida Street & East 40th Avenue intersection, Aurora (no apparent frontage, just easement access) Property Description: Vacant land Land Size: 14.6 acres* Sales Price: $1.5M Reception No.: 2016000065911 Closing Date: 8/19 Grantor: KKAM LLC, Kedar Morarka & Keith R. Arnold, mgrs., 303-576-9477 Grantee: DCT Summit LLC, c/o DCT Industrial Trust,...

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  • New York land investor/speculator sells 218 fully entitled lots to William Lyon Homes

    Arapahoe County Property Location: Northeast corner South Shady Grove Way & East Arapahoe Road Property Description: 218 vacant residential lots Land Size: 37.82 acres Sales Price: $9.28M, or $5.63 per sf, or $42,569 per lot Reception No.: D6087859 Closing Date: 8/10 Grantor: Southshore Recovery Acquisitions LLC, Jonathan Shumaker Grantee: William Lyon Homes Inc., Richard S. Robinson, SVP, Jeff McGovern, Colorado Division...

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  • Illinois investor snags shadow-anchored retail center in Thornton

    Adams County Property Location: 12885 Quebec St., Thornton Property Description: 8,885-sf retail center, YOC 2015, masonry Land Size: 1.36 acres Sales Price: $4.41M, or $496.34 per sf Reception No.: 2016000067363 Closing Date: 8/16 Grantor: Drake Quebec Partners LLC, Jon Hauser, mgr. Grantee: TSM Ventures LLC, Jon D. Stewart, pres., 217-367-8386 Financing: Cash Comments: APN: 01571-29-4-17-008. This property sold in July 2015...

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