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Comp of the Day handshake image

High-end Crescent Apartments site closes at $18,438 per buildable unit

Adams County Property Location: NEC W. 116th Ave & Pecos St, Westminster Property Description: Vacant land, proposed 320-unit Crescent Apts. Land Size: 17.586 acres Sales Price: $5.9M, or $7.70 psf, or $18,438 per buildable unit Reception No.: 20160000102279 Closing Date: 11/22 Grantor: IBC Denver VIII LW IV LLC, Brian C. Mott, mgr. Grantee: Park 12Hundred Venture LLC, Holland…

John Winslow

December 9, 2016
Comp of the Day handshake image

Colorado family acquires key site in Thornton for future development

Adams County Property Location: East side of Washington St. @ E. 152nd intersection Property Description: Vacant land Land Size: 18.503 acres Sales Price: $2.74M, or $3.40 psf Reception No.: 20160000098430 Closing Date: 11/15 Grantor: Lounsberry Living Trust, Sharon D. Lounsberry, trustee, 562-697-5439, & Cynthia Kay Javadezadeh, 818-676-0393, and Kryger Family Trust, Sheila D. Kryger, et al., trustees, 909-626-0182.…

John Winslow

December 8, 2016
Ralston Valley Self Storage

Self-storage facility planned in ‘underserved’ area of Arvada

The city of Arvada has approved development of a 645-unit self-storage facility in the fast-growing western side of the community. “This area of Arvada is experiencing explosive growth, and up until this year, there were no parcels in the area that offered storage as a use by right,” said Peter Shaw, founder of Blue Wing…

Kris Oppermann Stern

December 7, 2016
Comp of the Day handshake image

Southwest Denver apartment building commands $100K per door

Denver County Property Location: 2101 S. Depew St., or 5601 W. Green Meadows Pl., Denver Property Description: 23-unit, three-story apartment building, 13,773 sf, YOC 1961, brick construction; 23-unit, three-story apartment building, 13,773 sf, YOC 1962 (total of 27,546 sf & 46 units) Land Size: 36,784 sf Sales Price: $4.6M, or $100,000 per door, or $166.99 psf Reception…

John Winslow

December 7, 2016
Comp of the Day handshake image

Investor facilitates 1031 exchange with Denver Uptown site

Denver County Property Location: 838 Park Avenue West (south corner Champa St. & Park Ave. West), Denver Property Description: 1,300 -auto service garage, YOC 1959 (land value) Land Size: 12,791 sf Sales Price: $1.58M, or $123.13 psf Reception No.: 2016113865 Closing Date: 8/24 Grantor: B&R Lawrence LLC, Behrooz Hadgi Maleki, mgr. Grantee: Oyster Holding II LLC Comments: This property is…

John Winslow

December 6, 2016
Pembrooke

CBRE handles $128 million sale

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 5, 2016
union tower west cover

Union Tower West – from Dusty Lot to Stunning Gem

Gordon Beckman, acclaimed design director for John Portman & Associates, sits in Union Station pondering the firm’s first project in Denver, LoDo’s Union Tower West.

Building Dialogue

December 5, 2016
Boulder Industry & Arts Center

Communal office building in the works

An approximately 80,000-square-foot “communal” office building is being planned for 2½ acres in East Boulder. Sagebrush Cos. recently purchased the site at 5125 Pearl Parkway for $4 million. It is working with Bill Holicky of Boulder-based Coburn to design Boulder Industry & Arts Center, a working environment similar to Industry in Denver’s River North neighborhood.…

Kris Oppermann Stern

December 5, 2016
Comp of the Day handshake image

Office building in Santa Fe Arts District sells for $274 per sf

Denver County Property Location: 574 Santa Fe Drive, Denver Property Description: 15,059-sf (rentable) two-story office building, YOC 1911, renovated in 2008 plus 2,520-sf basement area including private gym, showers, bathrooms, loading dock & private patio, with 31 parking spaces. Land Size: 15,743 sf Sales Price: $4.13M, or $273.92 psf Reception No.: 2016156999 Closing Date: 11/30 Grantor: Lange Real Estate…

John Winslow

December 5, 2016
100 Superior

Office/retail building in Superior trades for $13.51 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 5, 2016