Amazon to develop 2.4 million-square-foot center
Amazon is working with Trammell Crow Co. to develop a 2.4 million-square-foot, three-story fulfillment and robotics center in Thornton that would be the biggest building built in Colorado. The building is being planned for about 80 acres at the northeast corner of Interstate 25 and 144th Avenue. Construction is set to begin in early June…
Kris Oppermann Stern
June 12, 2017Denver Mansion near Colfax & Gaylord sells for $940,000
Denver County Property Location: 1547 Gaylord St., Denver Property Description: 6,423-sf, three-story office building (mansion), YOC 1921 Land Size: 6,250 sf Sales Price: $940,000, or $146.35 psf Reception No.: D7053725 Grantor: B&E Holdings LLC, Chuck Buie, mgr. Grantee: Education 1983 LLC Closing Date: 5/31 Comments: Listed by Paul Schneider, Mark Goodman & Chase Grimes of Pinnacle Real Estate…
John Winslow
June 12, 2017Denver Hospital Authority acquires Green Valley site from Oakwood Homes
Denver County Property Location: NEC E. 50st Ave. and Tower Road Property Description: Vacant land Land Size: 3.58 acres Sales Price: $1.71M, or $10.92 psf Reception No.: 2017070975 Grantor: Oakwood Homes LLC, Robert J. Sandeman, EVP Grantee: Denver Health and Hospital Authority Closing Date: 5/30 Comments: See APN: 00153-00-006, zoned C-MU-20. Comp of the Day is provided by…
John Winslow
June 9, 2017Denver infill site closes for $132 per square foot
Denver County Property Location: 1450 Franklin St., Denver Property Description: Land value Land Size: 12,500 sf Sales Price: $1.65M, or $132 psf Reception No.: 2017070187 Grantor: The Franklin LLC, Brad Broyhill & Brian Toerber, mgrs. Grantee: South Broadway & East Arizona LLC, Lance Gutsch, 720-810-1302, & Kiely Wilson, 303-601-1997, 295 Clayton St., Suite 230, Denver 80206 Closing…
John Winslow
June 8, 2017Cushman & Wakefield report puts Denver at No. 8 among ‘tech cities’
Denver has emerged in eighth place within the top 25 U.S. tech cities, with San Jose (Silicon Valley) and San Francisco capturing the first and second spots, respectively, according to Cushman & Wakefield’s inaugural Tech Cities 1.0 national report launched today. As coastal cities, including San Francisco, New York and Boston, become increasingly expensive and…
CREJ
June 8, 2017Southwest Denver commercial property sells for $1.93 million
Denver County Property Location: 4320 Morrison Road, Denver Property Description: 12,722-sf commercial building, YOC 1951 Land Size: 2.47 acres Sales Price: $1.94M, or $18 psf (land value) Reception No.: 2017069848 Grantor: 4320 Morrison LLC, Laura A. White, mgr. Grantee: Morrison Center LLC, Andrew Toole & Jerome Wiencek, mgrs. Closing Date: 5/26 Financing: $1.43M payable to Alpine Bank, due…
John Winslow
June 7, 2017South Denver warehouse trades for $3 million to Denver lock supplier
Denver County Property Location: 991 S. Jason St., Denver Property Description: 37,863-sf industrial building, YOC 1954 Land Size: 1.42 acres Sales Price: $3.05M, or $80.55 per sf Reception No: 2017068914 Closing Date: 5/25 Grantor: Marvin W. Shaver, Jill Shaver & David Mason Shaver Grantee: ES 177158 LLC, by: Exchange Service, Michael Anderson, pres. Financing: $3.85M payable…
John Winslow
June 6, 2017Central Park Station One kicks off new Stapleton TOD
Forest City Realty Trust will launch a 4 million-square-foot mixed-use development at Central Park Station next spring. The development will include Central Park Station One, a 190,000-square-foot Class AA mixed-use office building, as well as a 300-unit apartment community, a 120-unit condominium project and 60,000 sf of retail space, all integrated around an expansive public plaza. Forest…
CREJ
June 6, 2017Northstar lands 62,214-square-foot headquarters tenant in DTC bldg.
Air Methods, an air medical transport company, has leased 62,214 square feet of office space in Greenwood Village for its corporate headquarters. The company will move its offices and employees to Northstar Commercial Partners’ 5500 S. Quebec St. building, located in the Denver Tech Center. Northstar acquired the 204,945-sf building in 2015 and has continued…
Kris Oppermann Stern
June 5, 2017First Industrial buys 181,348 sf in Aurora for $11.15 million
First Industrial Realty Trust Inc. added 181,348 square feet to its Denver industrial portfolio with an $11.15 million acquisition in Aurora. First Industrial bought the Sherwin-Williams Co. distribution facility at 21301 E. 33rd Drive from Coach Real Estate LLC, a Kwal-Howells family partnership. It restructured a lease with Sherwin-Williams that now runs through 2022. “We’re…
Kris Oppermann Stern
June 5, 2017