Construction starts on luxury apartments
The Denver office of KTGY designed TriVista on Speer, which features finishes such as stone countertops, stainless steel appliances and gas stoves.
Jolene Wollett
February 26, 2017Old Towne Arvada retail building is acquired for $303 per square foot
Jefferson County Property Location: 7417 Grandview Ave., Arvada Property Description: 1,188-sf retail building, YOC 1890, brick Land Size: 2,351 sf Sales Price: $360,000, or $303.03 psf Reception No.: 2017015240 Grantor: Pouw Properties LLC, Wesley Pouw, mgr. Grantee: 7417 Grandview LLC, Steven Howards & Russell C. Landau, mgrs. Closing Date: 2/8 Financing: $250,000 payable to Solera National Bank Comments: APN:…
John Winslow
February 24, 2017How does present day activity compare to the past?
As the multifamily industry ponders how to meet the housing needs of millennials and baby boomers, Colorado is facing two very different demographic paths looking forward. How we recognize and react to the needs of these population groups will have a major effect on the
CREJ
February 23, 2017South Denver warehouse closes for $101.10 per square foot
Denver County Property Location: 2401 S. Delaware St., Denver Property Description: 31,357-sf warehouse, includes 1,357 sf of office space, YOC 1967, masonry Land Size: 1.12 acres Sales Price: $2.06M, or $101.10 psf Reception No.: D7015801 Grantor: Kenton C. Ensor Grantee: PB Enterprises LLC, Barry A. Hamilton & Phillip L. Owens, mbrs., 303-864-0556, www.redcanyonsoftware.com Closing Date: 2/8 Financing: $2.13M payable…
John Winslow
February 23, 2017Studios rule at Allante Properties
Studios rule. Not Hollywood movie studios, but studio apartments. At least that is the perspective of Daren B. Schmidt, a managing partner at Greenwood Village-based Allante Properties. Online inquiries for studios account for about 25 percent of studio apartments, Schmidt noted. But only 4 percent to 5 percent of the apartments in the Denver area…
Kris Oppermann Stern
February 23, 2017Platinum LEED thanks to Hines, Invesco
Forget about going for the Gold. That is so 2009. Hines and Invesco Real Estate recently unveiled that 1515 Wynkoop has moved up a notch to Platinum. The Class A office building that shares its name with its address, opened in 2009 as a Gold LEED certified building. 1515 Wynkoop has a Platinum LEED certification.…
Kris Oppermann Stern
February 23, 2017Office Depot-anchored shopping center sells for $180.50 per square foot
Jefferson County Property Location: 650-670 S. Wadsworth Blvd., Lakewood, “Office Depot” Property Description: 46,534-sf multitenant shopping center, YOC 1992-95, masonry construction Land Size: 4.23 acres Sales Price: $8.4M, or $180.51 psf Reception No.: 2017014488 Grantor: Rebuild LA-Lakewood LLC, Martin A. Ensbury, 310-880-0132, or martin@theEnsburyGroup.com Grantee: LOCSAW Venture LLC, Erik A. Swanson, mgr., 303-623-0094 Closing Date: 2/6 Financing: $4.5M payable…
John Winslow
February 22, 2017Castle Lanterra lands in Denver
Castle Lanterra began looking to make its first apartment community acquisition in Denver in midyear 2016. The private real estate investment firm kicked the tires on three to six apartment communities before buying the 369-unit Alexan Sloan’s Lake late last year. The price of admission to the Denver market was $100 million – or $102.8…
Kris Oppermann Stern
February 21, 2017Boulder 82-unit apartment complex scooped up for $24.15M
Boulder County Property Location: 565-635 Mohawk Drive, 4545-4595 Laguna Place, Boulder, “Villa Del Prado Apts.” Property Description: 82-unit, two-story apartment, 92,496 sf, with four buildings, YOC 1968-1974, masonry construction plus parking garage Land Size: 3.91 acres Sales Price: $24.15M, or $294,512 per unit, or $261.09 psf Reception No.: 03569296 Grantor: Boulder Properties Investor LLC, Hollis Considine, mgr. Grantee:…
John Winslow
February 21, 2017Kroenke Group acquires prime Wheat Ridge mixed-use site
Jefferson County Property Location: SWC Wadsworth Blvd. & W. 38th Ave., Wheat Ridge Property Description: land value Land Size: 13.03 acres Sales Price: $5.73M, or $10.10 psf Reception No.: 2017012069 (four deeds combined) Grantor: Chesrown Ford Inc., Jeffrey Shupert, mgr., et al. Grantee: Quadrant Wheat Ridge Corners LLC, R. Otto Maly, mgr., 573-443-3200; Rodney K. Jones is broker…
John Winslow
February 20, 2017