Winslow Report 12-21-16
Adams County Property Location: 1287 S. Eighthth Ave., Brighton, “Solaire Apartments” Property Description: 252-unit apartment complex, 11 buildings plus clubhouse, YOC 2014, 284 covered parking spaces, 95 detached parking garages, 369 open spaces, total net rentable area of 253,116 sf Land Size: 16.38 acres Sales Price: $57.5M, or $228,175/unit, or $227.17/sf Reception No.: 2016097834 Closing Date: 11/10 Grantor:…
John Winslow
December 19, 2016Apartment sales could hit $5 billion
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, 2016Clarion buys Arapahoe Marketplace
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, 2016Apartments sell for $89.75M in national portfolio deal
Milestone Apartments Real Estate Investment Trust purchased the six-property 1,460-unit portfolio, which included the 276-unit Talon Hill apartments in Colorado Springs and the 168-unit Eagle Ridge apartments in Loveland.
Jolene Wollett
December 18, 2016Education, engagement keys to keep CO ‘sticky’
Despite our booming population, our unemployment rates remain among the lowest in the nation at 3.8 percent, so how do we keep the streak alive and ensure that Colorado remains a great place to live for all of
CREJ
December 16, 2016Leasing to federal agencies just got easier
In the coming months, Denver building owners will have the unique opportunity to do business with the federal government as more than 1.4 million square feet of leases are projected to expire, creating a significant need
CREJ
December 16, 2016Unico Properties sells Writer Square for $525.13 per square foot
Writer Square has changed hands for $95.28 million, becoming one of a handful of downtown Denver assets to trade for more than $500 per square foot. Unico Properties sold the office/retail property, located at Larimer Street and the Sixteenth Street mall, to GKT Writer Square LLC, a Kroenke Group affiliate. Unico and LaSalle Investment Management…
Kris Oppermann Stern
December 13, 2016Transwestern releases latest Market Watch reports
The Denver retail market absorbed 2.3 million square feet year to date, according to Transwestern's latest reports on the retail, office, industrial and flex markets. The retail vacancy rate decreased, as did the average asking rate.[vc_column width="1/3"][vc_column width="1/3"][vc_column width="1/3"]
CREJ
December 13, 2016Les Schwab Tire Center acquires 37,456-sf site
Denver County Property Location: East side of Central Park Blvd., 350’ south of E. 50th Ave.; also fronts west side of Beeler St. (4970 Central Park Blvd.), Denver Property Description: Vacant retail land, proposed 10,078-sf tire center Land Size: 37,456 sf Sales Price: $1.1M, or $29.37 psf Reception No.: 2016157337 Closing Date: 11/9 Grantor: Drake Stapleton Partners Fours…
John Winslow
December 13, 2016Greeley physician acquires Castle Rock day care for long-term investment
Douglas County Property Location: 4250 Trail Boss Drive, Castle Rock, “Merryhill Preschool” Property Description: 11,750-sf day care center, YOC 2005, masonry/stucco Land Size: 1.21 acres Sales Price: $3M, or $255.32 psf Reception No.: 2016084255 Closing Date: 11/21 Grantor: Carlyle Holdings LLC, Paul M. Rivera, mgr., 720-938-5626 Grantee: Advantage III Inc., Dr. Scott Kailash Dhupar, 970-353-5959, (50%) & SHRI Devi…
John Winslow
December 12, 2016