Chicago firm spends $5.5 million for sites in Englewood & Westminster

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Site No. 1: Arapahoe County

Property Location: 3555 S. Clarkson St., Englewood

Property Description: (land value) formerly Plaza De Medicos building

Land Size: 31,947 sf

Sales Price: $2.4M, or $75.12 per square foot, or $18,462 per buildable unit

Closing Date: 10/13/17

Reception No.: D7116884

Grantor: KRF 965 LLC, George Balafas, mgr. – Kentro Group

Grantee: CA Senior Englewood CO, attn: Ben Burke, acquisitions

Comments: 130 senior units planned. See APN: 2077-03-1-28-001, file plat, D6043314. Matt Booma is EVP of CA Senior Living and oversees current and future senior developments.

Site No. 2: Adams County

Property Location: SEC City Center Drive & Sheridan Blvd., Westminster

Property Description: Vacant land

Land Size: 3.754 acres

Sales Price: $3.1M, or $18.96 psf, or $22,628 per buildable unit

Closing Date: 3/21/18

Reception No.: 2018000024571

Grantor: Marketplace Two LLC

Grantee: CA Senior Westminster CO Property Owner c/o CA Ventures, Ben Burke, acquisitions, 312-994-1880

Comments: Matt Booma is EVP of CA Senior Living and oversees current and future senior developments.

Comp of the Day is provided by John V. Winslow, president of Winslow Property Consultants. Winslow has more than 40 years’ experience in commercial real estate. He can be reached at 720-612-7878 or Colprop2012@gmail.com.

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