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Capitol Hill apartment complex sells to Boulder investor

Denver County Property Location: 600 & 624 Pennsylvania St., Denver Property Description: 53-unit, five-story walk-up-style apartment building, 36,641 sf, YOC 1962 (renovated in 2015), brick construction Land Size: 31,250 sf Sales Price: $12.85M, or $242,453 per unit Reception No.: 2017124604 Closing Date: 9/18 Grantor: JM Pennsylvania, Jason McCool, mgr. Grantee: M and G LLC, Randal…

John Winslow

October 9, 2017
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Museum acquires site near National Western Complex for $88.68 per square foot

Denver County Property Location: 4700-4712 Brighton Blvd., Denver Property Description: garage and two houses, (land value) Land Size: 11,277 sf Sales Price: $1M, or $88.68 per sf Reception No.: 2017124750 Closing Date: 9/21 Grantor: PMC Land LLC Grantee: Denver Police Museum Development Group LLC, Lance Nading, mgr., & Mark Hesse, president Financing: $650,000 with 0%,…

John Winslow

October 6, 2017
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South Broadway retail building in Denver sells for $1.55 million

Denver County Property Location: 114-120 S. Broadway, Denver Property Description: 5,450-sf strip center YOC 1933, brick Land Size: 7,812 sf Sales Price: $1.55M, or $284.40 per sf Reception No.: 2017125447 Closing Date: 9/22 Grantor: 114-120 LLC., E.V. Kazazian, mgr., formerly of Denver, now Rancho Mirage, CA Grantee: S. Broadway Investment LLC, Judy Gaines, mgr. Financing:…

John Winslow

October 5, 2017
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Trammell Crow fetches Village at Forest Trace strip center for $8.9 million

Arapahoe County Property Location: 23870-90 E. Smoky Hill Road, Aurora, “Village of Forest Trace” Property Description: 16,506-sf retail center (two buildings), YOC 2016 Land Size: 1.9 acres Sales Price: $8.9M, or $539.20 per sf Reception No.: D7105471 Closing Date: 9/15 Grantor: Forest Trace Holdings LLC, Marc Cooper, mgr. Grantee: CH Retail Fund II Denver Forest…

John Winslow

October 4, 2017
Crossroads Building 2

Crossroads signs leases for 290,742 square feet

An electrical supply company growing by leaps and bounds in the Denver market and another large, expanding building products firm leased the last available spaces in a new 376,598-square-foot industrial building at Crossroads Commerce Park. Graybar Electric Inc. signed a lease for 238,194 square feet of warehouse/distribution space in Crossroads Building 2 at 480 E.…

Jill Jamieson-Nichols

October 2, 2017
historic denver redo

A Preservation Success Story: 17th Avenue and Pearl Street

In 2017, the 117-year-old building on the corner of 17th Avenue and Pearl Street, most recently home to the Tavern Uptown, will undergo extensive renovations. It will also welcome a new neighbor of significantly more girth, an eight-story multifamily development that will be home to more than 300 new apartments.

Building Dialogue

May 12, 2017
Water Street

Water St. and the aquarium: Isolated yet connected ‘Whale Site’

Steve Ferris, Founder and principal, Real Estate Garage, Denver This the second in a series on Denver’s “Whale Sites,”defined as extremely prominent and underdeveloped land parcels whose size and location will define Denver’s future growth and development. Examples include the Burnham Yard, the former Denver Post Printing Site, Elitch Gardens, Broadway Station Area, RiNo Station…

Steve Ferris

May 1, 2017

CBRE: Nearly half of new office space is preleased

It used to be that tenants wanted to see an office building before they signed a lease, but that appears to be changing. Almost half, 47.3 percent, of the 5 million square feet of office space being developed in Denver as of the first quarter is preleased, according to CBRE Research. Most of the space,…

Jill Jamieson-Nichols

May 1, 2017

Boulder’s 17*Walnut draws top dollar

You’d have to head to the coast to find an apartment community to trade at the kind of price an investor just paid for a boutique property in Boulder. Rivendell Global Real Estate bought 17*Walnut, a 26-unit community in Boulder’s East End, for $600,000 per unit. That’s the highest price ever paid for a conventional…

Jill Jamieson-Nichols

May 1, 2017
saint paul collection

4240 is Quietly Confident, Shaping through Design

Seventeen years ago, Matt Cecere was a younger man, 4240 Architecture was a different firm and Denver’s Riverfront Park was kind of a swamp. Today, Cecere and 4240 are older and wiser, better for the experience,

Building Dialogue

May 1, 2017