Property Location: 4500 Cherry Creek Drive South, Glendale
Property Description: 238,420-sf, 12-story office building, YOC 1973, renovated 2012, concrete panel construction
Land Size: 5.367 acres
Sales Price: $40.5M, or $169.87 psf
Reception No.: D8011419
Closing Date: 1/29
Grantor: AA Cherry Creek LLC c/o EverWest Real Estate Partners LLC, Paul Andrews, mgr.
Grantee: G&I IX MJW Cherry Creek LLC c/o DRA Advisors, Dan Goldman, 212-697-4740, NYC, NY 10017
Comments: Lease rates range from $26.50 to $28.50 full service. See APN: 1973-18-3-14-001.
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.