Three-tenant Englewood industrial investment generates many offers
Arapahoe County Property Location: 2835 S. Raritan St., Englewood Property Description: 9,600-sf office/warehouse, YOC 1977, masonry construction, five dock-high doors, one drive-in door, three tenants, 16’ clear Land Size: 13,068 sf Sales Price: $760,000, or $78.13 per sf Reception No.: D6093591 Closing Date: 8/23 Grantor: Darrow Family LP, Allen Barton Darrow, gen ptnr. (50%), & Sally…
John Winslow
September 2, 2016Bell makes $116 million buy
It’s a bit like taking home the gold and the bronze. Last year, Bell Partners paid $255 million for a 1,206-unit apartment community in Superior that it renamed as Bell Flatirons. That remains the most paid for an apartment community in the Denver area. Last month, Bell Partners, based in Greensboro, North Carolina, made another…
Kris Oppermann Stern
September 2, 2016HFF handles $45 million financing
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Kris Oppermann Stern
September 2, 2016CBRE handles sale near Coors Field
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Kris Oppermann Stern
September 2, 2016Denver-based DCT Industrial acquires 14.6 acres
Adams County Property Location: NE/S East 40th Avenue, 500’ east of Salida Street & East 40th Avenue intersection, Aurora (no apparent frontage, just easement access) Property Description: Vacant land Land Size: 14.6 acres* Sales Price: $1.5M Reception No.: 2016000065911 Closing Date: 8/19 Grantor: KKAM LLC, Kedar Morarka & Keith R. Arnold, mgrs., 303-576-9477 Grantee: DCT Summit…
John Winslow
September 1, 2016New York land investor/speculator sells 218 fully entitled lots to William Lyon Homes
Arapahoe County Property Location: Northeast corner South Shady Grove Way & East Arapahoe Road Property Description: 218 vacant residential lots Land Size: 37.82 acres Sales Price: $9.28M, or $5.63 per sf, or $42,569 per lot Reception No.: D6087859 Closing Date: 8/10 Grantor: Southshore Recovery Acquisitions LLC, Jonathan Shumaker Grantee: William Lyon Homes Inc., Richard S. Robinson,…
John Winslow
September 1, 2016Avison Young releases Office Research Report
The energy industry, now entering into the third year of a downturn, is beginning to dampen absorption gains as oil and gas tenants continue to downsize. Energy companies occupy roughly 11% of office space in the CBD- enough of a footprint to have an impact on the market without derailing the positive momentum of downtown.…
CREJ
August 31, 2016Pilatus, Zimmer expand operations in Jefferson County
Pilatus Business Aircraft is expanding its operations in unincorporated Jefferson County. The company plans to build a 118,000-square-foot facility at the Rocky Mountain Metropolitan Airport. The $22 million facility will replace and expand its current operations at RMMA and provide aircraft completion support for the Pilatus PC-12 and PC-24 aircraft. The project will nearly double…
Jolene Wollett
August 31, 2016Illinois investor snags shadow-anchored retail center in Thornton
Adams County Property Location: 12885 Quebec St., Thornton Property Description: 8,885-sf retail center, YOC 2015, masonry Land Size: 1.36 acres Sales Price: $4.41M, or $496.34 per sf Reception No.: 2016000067363 Closing Date: 8/16 Grantor: Drake Quebec Partners LLC, Jon Hauser, mgr. Grantee: TSM Ventures LLC, Jon D. Stewart, pres., 217-367-8386 Financing: Cash Comments: APN: 01571-29-4-17-008. This…
John Winslow
August 31, 2016Centennial Burger King on E. Arapahoe lands California buyer
Arapahoe County Property Location: 6712 S. Potomac St, Centennial, “Burger King Restaurant” Property Description: 2,885-sf fast-food restaurant, YOC 2001, brick construction Land Size: 0.97 acres Sales Price: $1.98M, or $686.31 per sf Reception No.: D6091641 Closing Date: 8/17 Grantor: Chung Wan Leung & Yim Ngor Luk Grantee: Alberca LLC, Thomas E. Lowery, mgr. 19135 Echo Pass…
John Winslow
August 29, 2016