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Georgia developer plans 198 apartment units

Broomfield County Property Location: 453 Summit Blvd., Broomfield Property Description: Vacant land, 198 units proposed Land Size: 7.34 acres Sales Price: $3.2M, or $10 psf, or $16,162 per buildable unit Reception No.: 2016016338 Closing Date: 12/13 Grantor: Summit Green Apartments LLC, Jonthan W. Bullen, mgr. Grantee: DD Summit Blvd LLC, c/o Davis Development, 770-474-4345, 403 Corporate Center Drive, Suite…

John Winslow

December 31, 2016
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3,456 sf VFW building sells for $375,000

Denver County Property Location: 963 Federal Blvd., Denver Property Description: 3,456-sf meeting hall building, YOC 1967, brick Land Size: 6,250 sf Sales Price: $375,000, or $108.51 psf Reception No.: 2016176253 Grantor: Overseas Vets Inc. Grantee: Bouncer Trust 86 Ridgeview Lane, Boulder 80302 Closing Date: 12/15 Comments: This property was listed by Western Investor Network, Matt Ritter, 720-344-1174 or 513-315-1267,…

John Winslow

December 30, 2016
Denver Dry

Denver Dry refinanced by HFF

It was easier for Leon McBroom and Kristian Lichtenfels of the Denver office of Holliday Fenoglio Fowler L.P to arrange a $13 million refinancing of the historic Denver Dry building in downtown than it was for Jonathan Rose to buy it in 1992. “It was,” said Chuck Perry, Rose’s partner in the building at 700…

Kris Oppermann Stern

December 30, 2016
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Denver’s Seagate Properties acquires Class A apartments

Broomfield County Property Location: 8500 Arista Place, Broomfield, “Arista Uptown Apts.” Property Description: 272-unit apartment complex w/eight three-story buildings plus clubhouse, 225,073 sf rentable; YOC 2013 Land Size: 6.68 acres Sales Price: $65M, or $238,971 per unit, or $205.13 psf Reception No.: 2016015111 Closing Date: 11/21 Grantor: Arista Uptown Colorado LLC by: Jed B. Milburn, mgr., 801-961-1372 Grantee: Seagate Arista Associates…

John Winslow

December 29, 2016
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Aurora agricultural land sells for $25,269 per acre

Arapahoe County Property Location: NEC S. Picadilly Road & E. Alameda, Aurora Property Description: Vacant land Land Size: 77.29 acres in three tracts of land Sales Price: $1.95M, or $25,269 per acre Reception No.: D6144943 Closing Date: 12/12 Grantor: Kevin M. Martin & Hugh T. Privette Grantee: The Trust for Public Land, Brenda Schick, VP, 303-837-1414, 1410 Grant St., Denver 80203…

John Winslow

December 28, 2016
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Southglenn office building sells for $64 per square foot

Arapahoe County Property Location: 2305 E. Arapahoe Road, Centennial, “Southglenn Plaza Offices” Property Description: 43,690-sf, two-story office building, YOC 1978, (front façade updated recently and site contains 164 parking spaces) Land Size: 3.182 acres Sales Price: $2.8M, or $64.09 psf Reception No.: D6145421 Closing Date: 12/12 Grantor: Southglenn Plaza Offices LLC, Don V. Bailey, CEO, or Patrick J. Bailey,…

John Winslow

December 27, 2016
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Husband & wife swim team to open Goldfish Swim School

Denver County Property Location: NEC E. 50th Ave. & Central Park Blvd., Denver Property Description: Vacant land, plan to build Goldfish Swim School Land Size: 53,470 sf Sales Price: $800,000 or $14.96 psf Reception No.: 2016175928 Closing Date: 12/14 Grantor: FC Stapleton II LLC, Brian Fennelly, VP, 303-382-1800 Grantee: Turner Property Holdings LLC, Amy Turner & Patrick T.…

John Winslow

December 26, 2016
Denver skyline

Denver’s sublease market finishes 2016 high, but manageable

As we wrap up 2016, the metro Denver sublease market is still up, but not earth-shatteringly so. However, experts are split on whether 2017 will bring relief.

Kris Oppermann Stern

December 23, 2016
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AAA Barricade finds ideal space at 8215 Steele St.

Adams County Property Location: 8215 Steele St., Denver Property Description: 4,619-sf, two-story office/showroom, YOC 2006 Land Size: 87,120 sf Sales Price: $1.25M, or $270.62 psf Reception No.: 20160000107810 Closing Date: 12/12 Grantor: DAP Montoya Holdings LLC, Darby Montoya, mgr. Grantee: ATR Holdings LLC, c/o AAA Barricade Co., 303-289-6880, Jennifer & Steven Scott, mgrs., 8215 Steele St., Denver 80229 Financing: $1.17M payable…

John Winslow

December 23, 2016
Alexan Sloans Lake

Sloans apartment sells for $103 million

  Castle Lanterra Properties paid $102.8 million for the 369-unit Alexan Sloan’s Lake apartment community, marking its first purchase in Denver. CLP, based in New York City, purchased the 369-unit, […]

Kris Oppermann Stern

December 22, 2016