Adams County
Property Location: SE/S E. 36th Drive, 500 feet NE of Odessa Street
Property Description: Vacant land
Land Size: 279,167 sf
Sales Price: $1.12M, or $4 per sf
Reception No.: 2016000065911
Closing Date: 8/10
Grantor: 1435 Pearl Street Apartments LLP, Michael M. Wafer, mgr.
Grantee: Opus Development LLC, Peter Coakley, SVP, 303-515-8800
Comments: Lot 2, Block 1, Aurora Business Center Filing No. 22, Amendment No. 1. The project is named Rangeview Industrial Center and will contain 122,500 sf of speculative industrial space. Mike Wafer, 303-260-4242, and Mike Wafer Jr. of Newmark Grubb Knight Frank were the listing brokers and will represent Opus for leasing of the industrial space. According to a press release, none of the space has been preleased and pricing will begin at $6 per sf triple net. According to the secretary of state, Lee Petrides also is a partner for the seller in the transaction.
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.
