Newmark Knight Frank sells 256-unit Ironwood at Red Rocks for $75.4 million
Jefferson County Property Location: 13195 W. Progress Circle, Littleton, “Ironwood at Red Rocks” Property Description: 256-unit, three-story apartment community with 247,616 sf, YOC 2002, brick & frame construction Land Size: 12.248 acres Sales Price: $75.4M, or $294,531 per unit, or $304.50 psf Reception No.: 2018100012 Closing Date: 11/1 Grantor: Belle View Apartments LLC, c/o Embry Development (Brent…
John Winslow
December 3, 2018Dallas REIT snags Westminster’s VASA Fitness center for $10.19 million
Jefferson County Property Location: 8543 Church Ranch Blvd., Westminster, “VASA Fitness” Property Description: 57,816-sf fitness center (former Safeway s tore), YOC 2001, masonry construction Land Size: 7.01 acres Sales Price: $10.19M, or $176.23 psf Reception No.: 12018103927 Closing Date: 11/15 Grantor: HD Church Ranch LLC, et al. (Kevin B. Hawkins, mgr.) Grantee: Spirit Realty LP, Daniel Rosenberg,…
John Winslow
November 30, 2018DPC, partner land 20-building office park for $143.65M
Jefferson County Address: 13949 W. Colfax Ave., 1597 Cole Blvd., 1607 Cole Blvd., 1617 Cole Blvd., 1627 Cole Blvd., 1637 Cole Blvd., 1667 Cole Blvd., 1536 Cole Blvd., 1536 & 1546 Cole Blvd., 13922 Denver West Parkway, 14142 Denver West Parkway, 14062 Denver West Parkway, 13952 Denver West Parkway, 1746 Cole Blvd., 13772 Denver West…
John Winslow
November 29, 2018NKF Multifamily sells northeast Denver apartments for $94.5 million
Denver County Property Location: 4300 Swanson Drive, Castle Rock, “Echelon at the Meadows” Property Description: 240-unit, three-story apartment community with 261,924 rentable sf, YOC 2018. Unit breakdown: 24 one-bedroom units @ 757 sf; 24 one-bedroom units @ 809 sf; 24 one-bedroom units @ 859 sf; 24 one-bedroom units @ 954 sf; 48 two-bedroom, two-bath units…
John Winslow
November 28, 2018Colorado investors snag Centennial office building for up-leg of 1031 exchange
Arapahoe County Property Location: 13356 E. Briarwood Ave., Centennial Property Description: 27,638-sf office building, YOC 2017 Land Size: 3.74 acres Sales Price: $7.72M, or $279.31 psf Reception No.: B8104717 Closing Date: 10/31 Grantor: BBF Enterprises LLC (Josh Beggs, mgr.) Grantee: Alexander M. Talle, Karen N. Talle & Adam N. Talle Comments: Peter Sengelmann & Jeff Johnson of Pinnacle…
John Winslow
November 27, 2018Prime Commerce City industrial site sells for $1.1 million
Adams County Property Location: Northeast corner I-270 & Havana St., Commerce City Property Description: Vacant land zoned industrial Land Size: 3.53 acres Sales Price: $1.1M, or $7.15 psf Reception No.: 89664 2018 Closing Date: 11/2 Grantor: Royal Crest Enterprises LLC (William Kinney, Aaron Kinney & Anthony Spadafora, mbrs.) Grantee: SASS Land LLC (Matt S. Sass, mgr.), Douglas…
John Winslow
November 26, 2018High-demand Denver industrial buildings command large dollars
Denver County Property Location: 5145 N Clarkson St. Property Description: 2,240-sf office/warehouse (630-sf office area), YOC 2006, metal construction, two-drive-in doors (10’ x 10’) with 12’ clear height Land Size: 9,355 sf Sales Price: $550,000, or $245.54 psf Reception No.: 2018146175 Closing Date: 11/13 Grantor: Blackwater LLC (Christopher J. Chapin, mbr.) Grantee: Drew Bisping 303-789-4759 Financing: Cash…
John Winslow
November 21, 2018NKF multifamily team sells Northeast Denver apartments for $94.5 million
Denver County Property Location: 16505 Green Valley Ranch Blvd., Denver, “Strata Apts.” Property Description: 336-unit, three-story apartment community with 302,215 rentable sf, YOC 2016. There are 24 small one-bedroom units @ 592 sf; 118 midsize one-bedrooms averaging 681 sf & 26 large one-bedrooms at 784 sf. There are 12 two-bedroom/one-bath units @ 986 sf; 67 midsize…
John Winslow
November 19, 2018Nate’s Import Automotive expands on adjoining site
Denver County Property Location: 1422 W. Alameda Ave., Denver Property Description: Misc. improvements (land value) Land Size: 12,500 sf Sales Price: $425,000, or $34.00 psf Reception No.: 2018146353 Closing Date: 11/13 Grantor: Surplus Tools & Commodities Inc. (Roger Allan Cox) Grantee: Nathaniel Ramos, 1430 W. Alameda Ave., Denver Financing: Cash Comments: Buyer acquired site next door to his 4,014-sf…
John Winslow
November 19, 2018Idaho developer lands site for Verizon build-to-suit
Denver County Property Location: SWC Tower Road & E. 46thAve., Denver Property Description: Vacant land, build-to-suit for Verizon Cellular Land Size: 19,556 sf Sales Price: $500,000, or $25.57 psf Reception No.: 2018141708 Closing Date: 10/31 Grantor: CP Bedrock LLC by: Tickly Bender Dev. LLC (Chris S. Flagg, VP) Grantee: HRM CSOK LLC, c/o Hawkins Companies, (Ryan Manteuffel,…
John Winslow
November 16, 2018