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Denver developer acquires 1,150 acres from LNR High Point for $25 million

Adams County

Address or Location: Vicinity of East 64th Ave. & E-470, Aurora

Improvements: Vacant land

Land Size: 1,150 acres

Date of Recording: 7/21

Reception No.: 63263 2017, also recorded in Denver County

Price: $25M, or $21,739 per acre

Grantor: LNR CPI High Point LLC

Grantee: ACM High Point VI LLC, Andrew Klein, mgr.

Financing: cash

Comments: Jim Capecelatro and Mike Kboudi of Cushman & Wakefield represented the seller.

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.