Signature Health Care acquires 5.3 acres for proposed hospital

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Adams County

Address or Location: SWC N. Pecos St. & W. 122ndAvenue, Westminster

Improvements: Vacant land, proposed two-story, 120-bed, 83,250-sf hospital

Land Size: 5.305 acres

Date of Recording: 4/26

Reception No: 34071 2018

Price: $2.2M, or $9.52 psf

Grantor: NorthRidge Holdings LLC

Grantee: Westminster Behavior Venture Properties LLC, c/o Watch Hill Capital, David Lebowitz, 303-871-4746, Blair Stam, EVP, Signature Health Care Services

Financing: Cash at Closing

Comments: Lots 5,6 Northridge at Park Centre; See APN: 01573-333-02-001 and 01573-333-02-002 as well as detailed planned development at Reception No. 2018000027657. The two-story, 83,250 sf hospital will contain 159 standard parking spaces and seven accessible spaces totaling 167 parking spaces. The building footprint will cover 50,700 sf, or 21.94% of the land area. The open space will include 29.03%, while the paving and drives will utilize 49.03% of the site.

 

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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