A look at ‘Main & Main’ in Northern Colorado

We estimate that the aggregate value of the projects that will be completed, are under construction or will break ground at 2534 in 2016 will approach, or exceed, $500 million.

CREJ

August 14, 2016

Build through a slowdown with FHA, HUD

Commercial lending is tightening. That’s reality! It’s not meant to sound alarm bells but, simply put, lenders have quietly become more selective on the loans they close.

CREJ

August 14, 2016
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Rock Creek Wine & Spirits acquires REO property for new location in Superior

Boulder County Property Location: 1697 Coalton Road, Superior Property Description: 6,396-sf retail building, YOC 2001 Land Size: 1.33 acres Sales Price: $1.06M, or $165.10 per sf Reception No.: 03534000 Closing Date: 7/25 Grantor: Liberty Capital Inc., Joseph Hoskins, SVP Grantee: Superior Liberty LLC, Tuyen Vu & Tran Le, mgrs. Financing: $1.07M (construction & SBA loan) payable…

John Winslow

August 12, 2016
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Longmont mobile home park sells in $9.5 million transaction

Boulder County Property Location: 446 S. Francis St., Longmont, “St. Vrain Mobile Home Park” Property Description: 137-pad mobile home park w/ 860-sf house, YOC 1973 Land Size: 12.91 acres Sales Price: $9.5M, or $69,853 per pad Reception No.: 03534336 Closing Date: 6/29 Grantor: Duvernay Family Trust, Jude Duvernay, trustee, & St. Vrain Mobile Home Park Trust,…

John Winslow

August 11, 2016
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Mobile home park trades for $7.4 million

Arapahoe County Property Location: 6705 S. Santa Fe Dr., Littleton, “Meadowood Village MHP” Property Description: 756-sf commercial building, YOC 1969, masonry construction, & 99-pad mobile home park Land Size: 17.93 acres Sales Price: $7.4M, or $74,747 per pad Reception No.: D6083625 Closing Date: 8/1 Grantor: The Meadowood Corporation, Douglas S. Buck, VP, 3559 N. summit Ave.,…

John Winslow

August 10, 2016

Partnership details $4.4B in downtown development

Currently, $4.4 billion of total investment in development has been completed or is under construction in downtown Denver, totaling 73 projects, 3.1 million square feet of office space, 6,447 residential units and 2,457 hotel rooms.

CREJ

August 9, 2016
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Medici Communities acquires land for $19 million, 111-unit multifamily/retail development

Arapahoe County Property Location: 3401 S. Broadway, Englewood Property Description: Vacant land Land Size: 80,490 sf (see D6083126 for file plat) Sales Price: $1.7M, or $21.12 per sf, or $15,315 per buildable unit Reception No.: D6083125 Closing Date: 7/28 Grantor: Englewood Urban Renewal Authority, S. Brad Power, exec dir. Grantee: Broadway Lofts LLLP, Troy Gladwell, mgr.,…

John Winslow

August 9, 2016
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Century Communities banks 76-acre site at E-470 & East Jewell Avenue for $1.2M

Arapahoe County Property Location: 1505 S. Gun Club Road, Aurora Property Description: Vacant land Land Size: 76.04 acres Sales Price: $1.2M, or $15,779 per acre Reception No.: D6078189 Closing Date: 7/19 Grantor: Gun Club Road LLC Grantee: Arcadia Holdings 470 LLC c/o Century Communities, 303-770-8300 Financing: Cash Comments: Buyer owns the 70-acre site at the northeast…

John Winslow

August 8, 2016

IKEA to potentially add second metro location

As part of an approximately 123-acre parcel of land 17 miles north of downtown Denver, the potential IKEA site is located at the intersection of I-25 and East Baseline Road (State Highway 7).

CREJ

August 5, 2016
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KFC acquires site in Commerce City’s Reunion Marketplace

Adams County Property Location: N/S E. 104th Avenue, 600’ west of Chambers Road, Commerce City Property Description: Vacant land, plan for 3,100-sf KFC restaurant Land Size: 40,745 sf Sales Price: $685,000, or $16.81 per sf Reception No.: 2016000059282 Closing Date: 7/25 Grantor: Shea Chambers 104th LLC, Peter Culshaw, assistant secretary to Shea Properties Management Company…

John Winslow

August 5, 2016