Denver Swim School splashes a 7 percent return for Boulder investors
Denver County Property Location: 4151 E. Colfax Ave., Denver, “Safe Splash Swim School” Property Description: 6,513-sf retail building, YOC 1993, masonry Land Size: 39,693 sf Sales Price: $2.85M, or $437.59 psf Reception No.: 2017069867 Grantor: 4151 Denver LLC, Matt Lane, director Grantee: Dwellings LLC & Mile High Real Estate Enterprises LLC, Tom Jacky, Doug Campbell & Matt…
John Winslow
June 1, 2017Cress Capital buys more than 500,000 square feet in Fort Collins
Commercial real estate investor Cress Capital LLC has acquired more than 800,000 square feet of office and flex industrial space in Southern California and Colorado in two transactions for total consideration of approximately $110 million. Cress acquired the Prospect Portfolio, a 23-building office and flex industrial portfolio totaling over 500,000 square feet in Fort Collins, and…
Kris Oppermann Stern
May 31, 2017Architect Anderson champion of historic buildings, sustainability
Architect John David “Andy” Anderson had a message for Arnold Schwarzenegger. “We are very careful not to let people tear buildings down,” Mr. Anderson said in 1995, as the head of the powerful board called the Lower Downtown Design and Demolition Review Board.
Kris Oppermann Stern
May 30, 2017Good Times Burger acquires Brighton restaurant for $668 per square foot
Adams County Property Location: 550 E. Bromley Lane, Brighton Property Description: 1,797-sf fast-food restaurant, YOC 2000 Land Size: 30,492 sf Sales Price: $1.2M, or $667.78 psf Reception No.: 38414 2017 Grantor: PNC Bank – Walter R. Morris IRA Trust Grantee: Good Times Drive Thru Inc. Closing Date: 4/28 Financing: Cash Comments: Listed by Drew Isaac & Brian Bailey…
John Winslow
May 29, 2017Greenbriar Plaza Shopping Center sells for $12 million
Denver County Property Location: 7141-7181 Pecos St., Denver, “Greenbriar Plaza Shopping Center” Property Description: 99,729-sf shopping center, YOC 1957, renovated in 1992 Land Size: 9.66 acres Sales Price: $12M, or $120.33 psf Reception No.: 37844 2017 Grantor: JSW Greenbriar Plaza LLC c/o Sessions Group LLC, Scott Tiano, pres. Grantee: Shanghai Land Investments LLC, Woon Ki Lau &…
John Winslow
May 26, 2017Highland retail center at 32nd & Lowell sells for $5.19 million
Denver County Property Location: 3496 W. 32nd Ave., Denver Property Description: 11,929-sf, two-story retail building, YOC 1910, brick Land Size: 12,600 sf Sales Price: $5.19M, or $434.66 psf Reception No.: 2017059934 Grantor: Lowell Properties LLC, Kenneth J. Wolf, mgr. Grantee: 32nd and Lowell LLC, Tyrone & Megan Rocque, mgr., 303-948-9330 Closing Date: 5/4 Financing: Assume balance of $2.9M…
John Winslow
May 25, 2017Cranes towering over Denver
The crane is Colorado’s new state bird. I first wrote that line, or something like it, for the Rocky Mountain News in the mid-1980s. At that time, developers from Canada, Texas and other places, were changing the skyline of Denver. Cranes are towering over Denver. Photo courtesy of GE Johnson. During that era, Republic Plaza…
Kris Oppermann Stern
May 25, 2017Boulder investor creates 47 percent gain on apts. in 2.5 years
Adams County Property Location: 12220 Colorado Blvd., Thornton, “Fox Creek Apartments” Property Description: 287-unit apartment complex including 21 buildings, 265,904 sf net rentable area plus 1,408-sf clubhouse, YOC 1998 Land Size: 19.59 acres Sales Price: $53M, or $184,669 per unit, or $199.32 psf Reception No.: 36688 2017 Grantor: EMD Fox Creek LLC, Charles J. Gower, et al,…
John Winslow
May 24, 2017Englewood Industrial Investment snagged by Denver investor
Arapahoe County Property Location: 3880-90 S. Windermere St. & 3865 S. Kalamath St., Englewood Property Description: 147,111-sf industrial building, YOC 1968, concrete Land Size: 5.54 acres Sales Price: $12.67M, or $86.13 sf Reception No.: D7048232 Grantor: Drake Mansfield Partners LLC, Jon Hardy, mgr. Grantee: Sand Creek Investors, Bryant G. Winslow, mgr., 303-761-3183 Closing Date: 4/28 Financing: $7.59M payable…
John Winslow
May 23, 2017Lakehouse ‘magic’ for Hines, Levitt
Lakehouse breaks ground tomorrow. Lakehouse is the 12-story, 206-unit condominium tower in Sloans, the mixed-use development on the former St. Anthony Hospital campus. Lakehouse sits across from Sloan’s Lake, the largest body of water in Denver.
Kris Oppermann Stern
May 23, 2017