Iconic Louisville Blue Parrot Restaurant sold to Boulder County investor for $2.42 million
Boulder County Property Location: 636-640 Main St., Louisville Property Description: 6,464-sf restaurant building, YOC 1988, Land Size: 20,759 sf Sales Price: $2.42M, or $374.38 psf Reception No.: 03572708 Grantor: Blue Parrot Inc., Joan Riggins, president Grantee: 1882 Ventures LLC, Gregory Maring & Mark Obenholzer Closing Date: 2/1 Financing: $1.96M payable to seller at 4%, due 1/31/22 Comments: The sale…
John Winslow
February 17, 2017Seasoned Denver apartment investor snaps up 2.4-acre Lakewood site
Jefferson County Property Location: 2300-2324 Kipling St., Lakewood Property Description: 2,767-sf office building, YOC 1959; 2,061-sf retail building, YOC 1971, & three miscellaneous buildings, YOC 1938-2003 Land Size: 2.4 acres, or 104,544 sf Sales Price: $740,000, or $7.04 psf, land value Reception No.: 2017014448 Grantor: The Robert G. Woodward Family Trust, Eleanor Ann Woodward, tr. Grantee: Kipling Rustic…
John Winslow
February 16, 2017Harms hammers out jobs at PCL
Like a lot of people, Mike Harms was thrilled last year when the Chicago Cubs won the World Series. Harms had a bit of a different reason to cheer the Cubs ending its 108-year championship drought, though. Before returning to Denver, almost exactly a year go, Harms had played a key role in the $575…
Kris Oppermann Stern
February 16, 2017Nevada hotel developer lands 2.6 acres at Denver-Boulder turnpike
Boulder County Property Location: South side Superior Plaza Way at southwest side of U.S. Highway 36; fronts northeast side of Marshall Road Property Description: Vacant land Land Size: 2.65 acres Sales Price: $2.08M, or $18.01 psf Reception No.: 03572996 Grantor: RC Superior, Nathan Birchall & Bill Jencks, & Avanti Strategic Land Investors LLC, Marvin Shapiro, president Grantee: QC…
John Winslow
February 15, 2017Denver Highland site commands $106 per square foot
Denver County Property Location: Adjacent southeast corner West 29th Avenue & Federal Boulevard, 2918-2924 W. 29th Ave. & 2830 Federal Blvd., Denver Property Description: Vacant land Land Size: 35,389 sf Sales Price: $3.75M, or $105.97 psf, or $31,250 per buildable unit Reception No.: 2017018007 Grantor: 529 Washington LLC c/o William Seward Grantee: 29th Street Apartments LLC, c/o Reid…
John Winslow
February 14, 2017Gleam is one green car wash
"Greenwashing" is defined as fake news that exaggerates environmental claims. There is plenty of washing going on at Gleam, but there is no greenwashing in what may be the most environmentally friendly car wash in the nation. I told Emilie Baratta that I noticed a press release states that Gleam is the greenest car wash…
Kris Oppermann Stern
February 14, 2017Griffin REIT buys Park Meadows office building
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Kris Oppermann Stern
February 13, 2017Wheelock Street Capital buys Westin hotel
An East Coast real estate investment firm has acquired the Westin Westminster and intends to invest in updates to the property over the next several months. Wheelock Street Capital bought the 370-room hotel at 10600 Westminster Blvd. from Amstar, which completed numerous guest room, health club and common-area upgrades over the course of its hold…
Kris Oppermann Stern
February 13, 2017Amazon likely to grow alongside competitors, suppliers
Amazon’s 1 million-square foot fulfillment center in Aurora will be one of the biggest buildings ever built in Denver, but it won’t be the last. Even for Amazon. Industrial real estate experts say the push by Amazon, WalMart and others to get online product orders to customers fast means more e-commerce buildings will pop up,…
Kris Oppermann Stern
February 13, 2017Pacific Acquisitions affiliate buys GE building
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Kris Oppermann Stern
February 13, 2017