Greenwood Village day care facility sells for $161.24 per square foot
Arapahoe County Property Location: 6625 S. Dayton St., Greenwood Village Property Description: 6,016-sf day care center, YOC 1986, wood siding Land Size: 24,177 sf Sales Price: $970,000, or $161.24 sf Reception No.: 2017053266 Grantor: Realty Income Corp., Robin L. Brockett, mgr. Grantee: 6625 S Dayton St LLC, Sobia Khan, mgr. Closing Date: 4/20 Financing: $776,000 payable to…
John Winslow
May 22, 2017Fort Logan apartments sell for $3.6 million
Denver County Property Location: 3600 S. Lowell Blvd., Sheridan, “Fort Providence Apts.” Property Description: 30-unit, two-story plus garden level apartment building, 24,360 sf, YOC 1974, brick/frame construction Land Size: 26,964 sf Sales Price: $3.6M, or $120,000 per door, or $147.78 psf Reception No.: D7045941 Grantor: Capital 8 Fort Providence LLC, Jeffrey L. Kissee, mbr. Grantee: AJ3 Fort…
John Winslow
May 19, 2017Richmond Homes acquires 15.44-acre site zoned for 72 units
Arapahoe County Property Location: Northeast corner S. Uvalda St. & E. Peakview Ave.; southeast corner of E. Caley Ave & S. Uvalda St., “Peakview Village at Centennial” Property Description: Vacant land, zoned R-U for 72 detached homes Land Size: 15.44 acres Sales Price: $4.32M, or $6.42 psf, or $60,000 per unit Reception No.: D7046052 Grantor: Castle-Prim LLC,…
John Winslow
May 18, 2017Adams County on a roll
Adams County is on a roll. An unnamed company is expected to announce later this year that it will bring a record 3,500 to jobs to Adams County. To put that in perspective, the most jobs ever announced in one year in Adams County took place just before the Great Recession hit. And that was…
Kris Oppermann Stern
May 18, 2017Target to open first-of-its-kind store in Colorado in 2018
The 28,000-square-foot store format is the first-of-its-kind to open in Colorado.
CREJ
May 17, 2017East Colfax Avenue site sells for $21.31 per square foot
Denver County Property Location: SEC Trenton St. & East Colfax Ave., Denver Property Description: Vacant land Land Size: 30,500 sf Sales Price: $650,000, or $21.31 psf Reception No.: 201705659 Grantor: Crosscheck LLC, Scott & Steven Richter Grantee: City and County of Denver Closing Date: 4/27 Financing: Cash Comments: Lot 1-10, Block 7, Kensington Comp of the Day is…
John Winslow
May 17, 2017Rare Old Pearl Street retail property sells to tenant
Denver County Property Location: 1882 S. Pearl St., Denver Property Description: 7,161-sf retail center, YOC 1925 Land Size: 10,937 sf Sales Price: $1.95M, or $272.31 psf Reception No.: 2017055185 Grantor: RMTO LLC, William R. Tobey Jr., mgr. Grantee: Failyau Properties LLC, Phillippe Failyau, mgr. Closing Date: 4/26 Financing: $1.56M payable to MidFirst Bank, due 4-26-2027 Comments: Tenants include…
John Winslow
May 16, 2017Pinnacle high point for James Mansfield
Pinnacle Real Estate Advisors has been the perfect fit for James Mansfield. “Pinnacle has exceeded my expectations,” Mansfield told me last week. Mansfield, a veteran of big firms such as Cushman & Wakefield, Opus Northwest LLC, Brookfield Office Properties and Grubb & Ellis, initially joined Pinnacle in November 2015. Last month, he was one of…
Kris Oppermann Stern
May 16, 2017Villas at Homestead in Centennial soars to nearly $220,000 per unitVillas at Homestead in Centennial soars to nearly $220,000 per unit
Arapahoe County Property Location: 6857 S. Homestead Pkwy., Centennial, “Villas at Homestead” Property Description: 312-unit, 13-bldg. apt. complex, w/305,940 sf, YOC 1993 Land Size: 12.78 acres plus 1.49 acres of floodplain land Sales Price: $68.5M, or $219,551 per unit, or $210.44 psf Reception No.: D7047094 Grantor: KW Fund V Villas at Homestead LLC, Kennedy Wilson Real Estate…
John Winslow
May 15, 2017Triangle sale sizes up to $676.54 per sf
What may be the most distinctive office building in the Union Station neighborhood just became the priciest. The Triangle Building sold for $154 million, or $676.54 per square foot, eclipsing the previous price per sf for an office building in downtown Denver. Hamburg, Germany-based Union Investment Real Estate GmbH bought the 227,631-square-foot LEED Gold building…
Kris Oppermann Stern
May 12, 2017