Growing tech tenants head east for larger spaces, affordability
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Kris Oppermann Stern
May 31, 2016
Elan sale a record breaker
It was a blockbuster deal. American Realty Advisors last month paid $154.3 million for the 314-unit, Elan Union Station, according to public records. American Realty Advisors is rebranding the community on 2.4 acres at Chestnut Place and 20th Street as ALARA Union Station. It was the most expensive apartment sale ever in downtown Denver’s central…
Kris Oppermann Stern
May 31, 2016
Pinnacle sells retail center
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Kris Oppermann Stern
May 31, 2016
Edge at City Park refinanced by Murphy
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Kris Oppermann Stern
May 31, 2016
The Winslow Report 6-1-16
Adams County Property Location: NEC Riverdale Road & E. 136th Ave., Brighton (10365-10695 E. 136th Ave. & 14070 Riverdale Road) Property Description: 1,032-sf house, YOC 1935, frame, & vacant agricultural land Land Size: 51.34 acres Sales Price: $2.79M, or $54,323 per acre Reception No: 24914 Closing Date: 4/8 Grantor: 10365 Partners LLC, Ward L. Van…
John Winslow
May 30, 2016
Jeffco land sells for senior facility
Jefferson County Property Location: 17351 W. 64th Ave., Arvada Property Description: Vacant land, proposed for 141-unit independent living apartment building with approximately 106 parking spaces Land Size: 4.56 acres Sales Price: $1,39M, or $7 per sf Reception No.: 2016047522 Closing Date: 5/18 Grantor: Veldkamp’s Real Estate Inc., Bernard M. Veldkamp III, president, 303-420-3343 Grantee: MVG-MS (MorningStar…
John Winslow
May 27, 2016
Restaurant building sale, $1.3M
Douglas County Property Location: 9910 S. Twenty Mile Road, Parker, “The Spa Palace” Property Description: 5,400-square-foot restaurant being converted to retail, YOC 2004, masonry/stucco construction Land Size: 1.54 acres Sales Price: $1.3M, or $240.74 per sf Reception No.: 2016026985 Closing Date: 4/20 Grantor: 9910 S. Twenty Mile Road LLC, Mel Moore, asset manager Grantee: 9910MTW LLC,…
John Winslow
May 26, 2016
CBRE facilitates first part of huge MOB monetization
CBRE Group Inc. announcedthe closing of the first tranche of a multistate, 52-building medical office portfolio on behalf of Colorado-based Catholic Health Initiatives for $324 million. In total, the portfolio, which is expected to close in its entirety by year-end, is valued at approximately $700 million. According to Real Capital Analytics Inc.’s Medical Office Building data,…
Kris Oppermann Stern
May 25, 2016
Denver development site
Denver County Property Location: 3705 & 3755 Ringsby Court, Denver Property Description: 8,120-square-foot warehouse, YOC 1974; 6,511-sf warehouse, YOC 1973 (redevelopment land value) Land Size: 238,949 sf, or 5.49 acres Sales Price: $7.3M, or $30.55 per sf Reception No: 2016065983 Closing Date: 5/20 Grantor: Ready Mixed Concrete Co. & Sprat-Platte Ranch Company LLLP, Robert P. Kepford,…
John Winslow
May 25, 2016
Land sale, Broomfield County
Broomfield County Property Location: 455 Zang Blvd., Broomfield Property Description: Vacant land for 213-room, four-story hotel with 223 parking spaces Land Size: 4.58 acres Sales Price: $1.75M, or $8.75 per sf Reception No.: 2016004892 Closing Date: 5/3 Grantor: Flatiron LLC, David J. Erb & Co., 8480 E. Orchard Ave., Suite 5550, Englewood 80111 Grantee: MB Hospitality…
John Winslow
May 24, 2016
