Colorado Auto Finders acquires 4.5 acre-site
Arapahoe County Property Location: North side of E. Arapahoe Road, southwest corner E. Peakview Ave. & E. Euclid Drive, 12351 E. Arapahoe Road, Centennial Property Description: Vacant land, proposed 12,600-sf Auto Finders Facility Land Size: 4.5 acres Sales Price: $1.08M, or $5.50 psf Reception No.: D6144185 Closing Date: 12/9 Grantor: Concorde Place by: James Blair Properties Inc., 303-805-9839, Ron…
John Winslow
December 22, 2016Denver metro area leads nation in construction jobs added
Denver-Aurora-Lakewood (9,600 jobs, 10 percent) and Orlando-Kissimmee-Sanford, Florida, (9,600 jobs, 15 percent) added the most construction jobs during the past year
CREJ
December 21, 2016Buehler Moving & Storage acquires 326,900 sf
Adams County Property Location: 16456 E. Airport Circle, Aurora Property Description: 326,900-sf industrial building, YOC 1999, concrete panel Land Size: 17.27 acres Sales Price: $20.1M, or $61.49 psf Reception No.: 20160000106271 Closing Date: 12/6 Grantor: Graebel Warehouse LLC, William H. Graebel, mgr., 303-329-3217 Grantee: S&Z Realty LLLP c/o Buehler Moving & Storage, Stuart Smith, pres., 3899 Jackson St., Denver…
John Winslow
December 21, 2016Denver-based DCT rings closing bell
Phil Hawkins, president and CEO of Denver-based DCT Industrial Trust, and DCT market leaders were in New York Dec. 13 to ring the closing bell of the New York Stock Exchange. DCT, the largest publicly traded real estate investment trust headquartered in Denver, is celebrating its 10th anniversary this month. The company acquires, develops, leases and manages bulk distribution…
CREJ
December 20, 2016Regatta Apartments trade for $30.8 million
Adams County Property Location: 11450 Melody Drive, Northglenn, “Regatta Apartments” Property Description: 168-unit apartment complex w/seven three-story buildings plus clubhouse, 150,150 sf rentable, YOC 1999, 244 open parking spaces, Land Size: 7.84 acres Sales Price: $30.8M, or $183,333 per unit, or $205.13 psf Reception No.: 20160000108775 Closing Date: 12/13 Grantor: Bascom Melody Drive Apartments LLC, c/o Bascom Group, Jerome…
John Winslow
December 20, 2016Denver company buys 326,844-sf building for $20.1 million
This post is only available to subscribers of the the Colorado Real Estate Journal. If you have a subscription, please log in to view this post. If you do not […]
Kris Oppermann Stern
December 19, 2016Conscience Bay buys 277,236-sf industrial building in Aurora
Conscience Bay Co. made a value-add play in the Denver market with the $14.51 million acquisition of a soon-to-be-vacated industrial building in Majestic Commercenter. Boulder-based Conscience Bay bought the 277,236-square-foot building at 20101 E. 36th Drive in Aurora from S&Z Realty LLLP for $52.34 per sf, well below replacement cost. The U.S. Postal Service and…
Kris Oppermann Stern
December 19, 2016Hayman picks up second Denver asset
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Kris Oppermann Stern
December 19, 2016Boulder office buildings trade for $92.57M in portfolio deal
One of the largest owners of office properties in the U.S. bought three buildings in Boulder as part of an approximately $1.9 billion U.S. portfolio. Canyon Center, 1050 Walnut and 1900 15th St. were part of a portfolio of 26 properties around the country that Blackstone Group bought from Alecta, a Swedish pension fund manager.…
Kris Oppermann Stern
December 19, 2016Adams County apartments close for $112.6 million
Adams County Property Location: 10500 Irma Drive, Northglenn, “Regatta Apartments” Property Description: 352-unit apartment complex w/22 two-story buildings plus clubhouse, 322,648 sf rentable, YOC 2000, 571 open parking spaces & 142 detached garages – total of 713 parking spaces, brick on frame construction Land Size: 22.79 acres Sales Price: $81.8M, or $232,386 per unit, or $253.53 psf…
John Winslow
December 19, 2016