Rocky Mountain Structures acquires north Denver industrial site for $6.50 per sf
Denver County Property Location: 2025 E. 64th Ave., Denver (north side of E. 64th Ave., approximately 500’ west of York St.) Property Description: Vacant industrial Land Land Size: 8.76 acres Sales Price: $2.48M, or $6.50 per sf Reception No.: 22558 Grantor: ADG Investments LLC, Daniel J. Gryzmala, mgr. Grantee: Gilliland Family Partners LLLP, Cody Gilliland, mgr. Closing…
John Winslow
April 10, 2017
Etkin Johnson sells Sports Authority buildings for $15.77 million
Etkin Johnson Real Estate Partners has sold the former Sports Authority headquarters in Englewood for $15.77 million. West Hampden Investors LLC, a group headed by Stuart Ogilvie of Ogilvie Properties, bought the property, which consists of two office/flex buildings at 1050 and 1090 W. Hampden Ave. The buildings total 210,207 square feet. Sports Authority leased…
Kris Oppermann Stern
April 7, 2017
Griffis acquires Skye 2905 Apartments for $126 million
Denver County Property Location: 2905 Inca St., Denver, “Skye2905.com Property Description: 400-unit, five-story wrap apartment, 367,600 sf, brick/frame construction, YOC 2010 Land Size: 215,427 sf Sales Price: $126M, or $315,000 per door, or $342.76 psf Reception No.: 2017037304 Grantor: Monogram Residential Prospect Project Owner LLC, Robert R. Hodge, SVP, c/o Behringer Harvard Prospect Senior Borrower LLC Grantee:…
John Winslow
April 6, 2017
Virtual reality for commercial space
I entered the commercial real estate Matrix. I donned the virtual reality goggles, and the 2,000-square-foot office that Walkthrough leases with another company in Lower Downtown was replaced by office furniture supplied by one of Walkthrough’s customers, Interior Environments. A virtual, green-lined grid, which reminded me of the Matrix, kept me from walking into the…
Kris Oppermann Stern
April 6, 2017
Golden industrial developer industrial acquires site for $5.71 per square foot
Jefferson County Property Location: East side Catamount Drive, approx. 392’ north of Golden Gate Canyon Road, Golden, 1255 Catamount Drive Property Description: Vacant land, plan to build 13,750-sf office/warehouse, with outside storage allowed and 30 parking spaces required Land Size: 73,180 sf Sales Price: $417,650, or $5.71 per sf Reception No.: 2017026401 Grantor: City of Golden, Marjorie…
John Winslow
April 5, 2017
Iconic DU restaurant sells to owner of Four Friends Kitchen in Stapleton
Denver County Property Location: 2070 S. University Blvd., Denver Property Description: 3,246-sf, two-story restaurant, YOC 1950 (renovated in 2016), brick & masonry, six parking spaces Land Size: 8,875 sf Sales Price: $1.4M, or $431.30 per sf Reception No.: 2017033850 Grantor: DU Holding LLC, Ford Kimball, mgr. Grantee: Four Friends Holding LLC, Kurt & Sarah Pletcher & Tim…
John Winslow
April 4, 2017
$250 million mixed-use project coming to Cole neighborhood
Saunders Development has partnered with owners Byron, Andy and Brett Weiss to develop the Denver Rock Drill project, a 700,000-square-foot, $250 million project comprised of office, retail, residential and hotel in the historic Cole neighborhood near the 38th and Blake commuter-rail station. Denver Rock Drill is currently preleasing office and retail space and plans to break ground on construction…
CREJ
April 3, 2017
LBA pays $26.4 million for Mountain West buildings
LBA Realty purchased a portfolio of five freestanding, Class A industrial buildings for $26.4 million, or $126.67 per square foot. The buildings comprise 208,418 sf at Mountain West Business Park, which fronts Interstate 70 at the I-225 interchange. Mountain West Industrial Properties developed and sold the portfolio, which it completed in 2008. “They are Class…
Kris Oppermann Stern
April 3, 2017Companies look to 36 corridor to attract, retain talent
Companies are looking toward the U.S. Highway 36 corridor to attract and retain employees in the technology sector, and as density increases, so too will investor interest. “I think one of the things that investors are predicting, and its time has really come, is that the 36 corridor is going to be the recipient of…
Kris Oppermann Stern
April 3, 2017
BSI secures space in market impacted by big projects
Landlords with available industrial product in the central Denver submarket are in prime position to capture tenants being displaced by redevelopment of the National Western Stock Show complex, Interstate 70 reconstruction and the continued exodus of industrial users out of River North. BSI’s recently signed 117,000-square-foot lease at Hub 25, Westfield Co.’s new project at…
Kris Oppermann Stern
April 3, 2017
