Centennial Burger King on E. Arapahoe lands California buyer
Arapahoe County Property Location: 6712 S. Potomac St, Centennial, “Burger King Restaurant” Property Description: 2,885-sf fast-food restaurant, YOC 2001, brick construction Land Size: 0.97 acres Sales Price: $1.98M, or $686.31 per sf Reception No.: D6091641 Closing Date: 8/17 Grantor: Chung Wan Leung & Yim Ngor Luk Grantee: Alberca LLC, Thomas E. Lowery, mgr. 19135 Echo Pass…
John Winslow
August 29, 2016
Opus closes on 6.4 acres 122,500-sf spec industrial building
Adams County Property Location: SE/S E. 36th Drive, 500 feet NE of Odessa Street Property Description: Vacant land Land Size: 279,167 sf Sales Price: $1.12M, or $4 per sf Reception No.: 2016000065911 Closing Date: 8/10 Grantor: 1435 Pearl Street Apartments LLP, Michael M. Wafer, mgr. Grantee: Opus Development LLC, Peter Coakley, SVP, 303-515-8800 Comments: Lot 2,…
John Winslow
August 26, 2016
Local developer pays $84.32 per sf for University of Denver area multifamily site
Denver County Property Location: Southeast corner of East Asbury Avenue & South Downing Street, 2005-13-21 S. Marion St. & 2000-2010-2014 S. Downing St, Denver Property Description: Vacant land zoned PUD Land Size: 31,872 sf Sales Price: $2.69M, or $84.32 per sf, or $134,375 per buildable unit Reception No.: 2016106916 Closing Date: 8/11 Grantor: Asbury Communities LLC,…
John Winslow
August 25, 2016
Becknell Industrial from Indianapolis enters the Denver market with plans for spec warehouse
Adams County Property Location: SEC E. 19th Ave. & Picadilly Road, also fronts northeast corner of Picadilly and Interstate 70, Aurora Property Description: Vacant land Land Size: 19.21 acres Sales Price: $3.45M, or $4.12 per sf Reception No.: 2016000063460 Closing Date: 8/4 Grantor: Prologis Park 70 Land Venture LLC, Megan Robert, SVP Grantee: 19th Avenue Aurora…
John Winslow
August 24, 2016
Hilltop apartment building increases in value 227.73% over five years
Denver County Property Location: 833 Dexter St., Denver “Gloria J Apartments” Property Description: 20-unit, three-story walk-up-style apartments, 15,000 sf, YOC 1963, brick construction, with nine parking spaces Land Size: 12,700 sf Sales Price: $3.9M Reception No.: 2016108964 Closing Date: 8/17 Grantor: Bear’s Fortress LLC, Ryan D. Geiser, mbr. Grantee: Dexter Residential LLC by: Red Peak Inc.,…
John Winslow
August 23, 2016
Les Schwab acquires Castle Rock Promenade site for $17.42 per sf
Douglas County Property Location: East/southeast corner of New Abbey Lane & Highway 85, Castle Rock Property Description: Vacant Land, proposed 13,000-sf Les Schwab Tire Center Land Size: 57,418 sf Sales Price: $1.M, or $17.42 per sf Reception No.: 2016050706 Closing Date: 8/1 Grantor: Lodense Privet LLC by: Promenade Castle Rock LLC, Alberta Development LLC, Donald G.…
John Winslow
August 22, 2016
Alaskan investor acquires two-story retail building in downtown Castle Rock for nearly $190 per sf
Douglas County Property Location: 340-390 Perry St., Castle Rock Property Description: 19,418-sf, two-story retail building, YOC 1999 Land Size: 11,021 sf Sales Price: $3.68M, or $189.35 per sf Reception No.: 2016052968 Closing Date: 8/8 Grantor: Castle Centerstone LLC, Timothy White, 303-688-6924, Tom Walls, & Bradley K. Brown, mgrs. Grantee: Besherit LLC, John S. Levy, 907-561-2220, &…
John Winslow
August 19, 2016
Commerce City Family Dollar building continues retail investment momentum
Adams County Property Location: 6071 E. 72nd Ave., Commerce City, “Family Dollar” Property Description: 7,880-sf retail building, YOC 2004, masonry with 31 spaces Land Size: 33,541 sf Sales Price: $1.23M, or $155.46 per sf Reception No.: 2016000061569 Closing Date: 7/28 Grantor: 72nd Colorado LLC, Eleanor Anne Harrison, mgr. Grantee: Peterman Investments LLC, Helen Peterman, mgr. Financing:…
John Winslow
August 18, 2016
MGL Partners pay $52 per sf for Denver Tech Center multifamily site
Denver County Property Location: W/S S. Niagara St., 500 feet north of E. Belleview Ave., 4855 S. Niagara St., “DTC Senior Apartments” Property Description: Vacant land, zoned S-MX-12 Land Size: 92,667 sf as per survey; see 2016099978 Sales Price: $4.82M, or $52 per sf, or $29,382 per buildable unit Reception No.: 2016107684 Closing Date: 8/12 Grantor:…
John Winslow
August 17, 2016
University of Denver neighborhood apartment reaches $192,500 per door
Denver County Property Location: 2455 S. Gaylord St., Denver Property Description: 10-unit, two-story walkup-style apartment, 8,639 sf, YOC 1958, brick construction (all two-bedroom units) with six parking spaces Land Size: 7,810 sf Sales Price: $1.93M, or 2,500 per door, or 2. (loscoches.com) 83 per sf Reception No.: 2016106916 Closing Date: 8/11 Grantor: NJL Properties LLC, Judith…
John Winslow
August 16, 2016
