Denver County
Property Location: 1250 Welton St., Denver, “Former Emily Griffin Opportunity School”
Property Description: 226,690-sf, three-story school, YOC 1926, masonry
Land Size: 106,400 sf
Sales Price: $25.3M, or $237.78 per sf
Reception No.: 2017068790
Closing Date: 5/24
Grantor: School District No. 1 in City and County of Denver, Trena Deane, executive director of facilities
Grantee: WELARM Land LLC c/o Stonebridge, Chris Manley, COO, 303-785-3100
Financing: $16.59M payable to U.S. Bank
Comments: See APN: 02336-16-004. The building will be preserved and incorporate other parts of the school into its plans for the entire city block. According to a document, the purchase price was $26.1M.
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.
