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Small Golden Triangle office building yields nearly $315 per square foot

Denver County

Property Location: 1150 Delaware St., Denver

Property Description: 6,038-sf office building, YOC 1987, brick

Land Size: 19,531 sf

Sales Price: $1.9M, or $314.67 psf

Reception No.: 2016135329

Closing Date: 9/30

Grantor: OCx Holdings LLC, Trinh Pham & Peter Niepoth, mgrs.

Grantee: 1150 Delaware NBD LLC, Robert S. Boswell, Charles L. Boswell, Peter A. Eklund, Matthew C. Ferlic & William Loeffler, mgrs.

Financing: $1.83M payable to MidFirst Bank, due 10-10-26

Comments: Listed and sold by Tim Finholm & Sam Leger of Unique Properties Inc.-TCN Worldwide, 303-321-5888. The building has been renovated in 2008 and has 10 parking spaces. There was a new roof completed in 2016. Peter Eklund works with Slipstream Properties, an apartment investment company in Glendale.

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.