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City of Golden sells industrial sites to Golden developer

Jefferson County

Property Location: SWC Pine Ridge Road & Catamount Drive, Golden

Property Description: Vacant land, zoned industrial

Land Size: 254,826 sf, or 5.85 acres

Sales Price: $1.6M, or $6.28 psf

Reception No.: 2016111618

Closing Date: 10/25

Grantor: City of Golden, Jason Slowinski, city manager

Grantee: Erie Partners II LLC, David Bailey, 303-384-0200, Golden, CO 80401

Comments: Lots 1, Catamount Sub Filing No. 2 and Lot 2, Catamount Subdivision, Filing No. 1, 1370 Catamount Drive – 30-212-16-002 = 2.5 acres; 1150 Pine Ridge Road, or 30-212-16-001 = 3.43 acres. Property was listed by Chris Ball & Esther Kettering of Cushman & Wakefield and was negotiated in 2014. The property is located in the Catamount Business Park in Golden, near Highway 93. According to the city of Golden website, www.golden.granicus, the sales price did not include the 5% real estate commission paid to the brokers. The buyer’s company is The Bailey Company, or www.thebaileyco.com.

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.