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Comp of the Day handshake image

Denver investors Herzog & Gittelman acquire Arvada industrial building

Jefferson County Property Location: 6770 W. 52nd Ave., Arvada Property Description: 27,848-sf industrial building, YOC 1998, concrete tilt-up construction Land Size: 2.34 acres Sales Price: $3.25M, or $116.70 psf Reception No.: 2017009378 Grantor: En-Sim Partnership LLP, Douglas S. Simons, gen. ptnr., 970-683-2480 Grantee: BKramer REI LLC & Arvada Flex 2016, Steven S. Gittelman, mgr., c/o J. Herzog &…

John Winslow

February 6, 2017
Element hotel

Avison Young sells Golden Triangle lot for new hotel

Avison Young handled the sale of 1350 Elati St., a 0.68-acre site at 13th Avenue and Elati in the heart of downtown Denver’s Golden Triangle neighborhood for development of an Element hotel. Avison Young Principal Rick Egitto represented the seller, 1350 Elati LLC, in the transaction. A private entity, 1350 Elati LLC sold the site for $3.6 million to…

CREJ

February 3, 2017
Comp of the Day handshake image

California investor acquires Gander Mountain building for $12.5 million

Douglas County Property Location: 18420 Cottonwood Drive, Parker, “Gander Mountain” Property Description: 57,359-sf discount store, YOC 2015, masonry Land Size: 5.95 acres Sales Price: $12.53M, or $218.48 psf Reception No.: 2017003731 Grantor: GM Parker 785 LLC c/o Guggenheim Inc, Robert F. Strandt, pres. Grantee: Copper Hill Partners Inc. c/o Ahmad Ghaderi, 616-250-4977 Closing Date: 1/18 Comments: This is a…

John Winslow

February 3, 2017
2000 Taylor

Sierra Nevada leases 101,000 square feet at CTC

Etkin Johnson Real Estate Partners, a Denver-based developer, has leased 101,000 square feet of industrial space to Sierra Nevada Corp. The speculative flex building, located at 2000 Taylor Ave. in the Colorado Technology Center in Louisville, was completed in late 2016. The facility has an environmentally friendly design including green features such as an energy efficient HVAC system, skylights…

CREJ

February 2, 2017
Comp of the Day handshake image

Wendy’s short-term-leased property captures Lyons investor

Jefferson County Property Location: 11550 W. Ken Caryl Ave., Littleton Property Description: 4,230-sf fast-food restaurant, YOC 2004, masonry Land Size: 40,937 sf Sales Price: $1.36M, or $320.33 psf Reception No.: 2017005130 Grantor: Meadows Investors LLC c/o Quiat, Melinda Quiat, mgr. Grantee: 12401 Strickland Rd LLC 376 JJ Kelly Road, Lyons 80540 Closing Date: 12/16/2016 Financing: Cash Comments: See APN:…

John Winslow

February 1, 2017
Comp of the Day handshake image

Denver Tech Center building fetches $8.5 million

Arapahoe County Property Location: 5655 S. Yosemite St., Greenwood Village, “Yosemite Office Center” Property Description: 72,285-sf, four-story office building, YOC 1982, brick Land Size: 6.64 acres Sales Price: $8.53M, or $123.52 per sf Reception No.: B7006071 Grantor:. NBS Yosemite OPCO LLC, Rance S. Gregory, 503-952-0745 by: Morrison Street Capital Grantee: Yosemite Office Center LLC & Silver J LLC,…

John Winslow

January 31, 2017
Genesee Point

Genesee Point office building sells off market

Real Capital Solutions sold the Genesee Point office building for $5.98 million, a significant increase from the price it paid for the asset in 2012. The Fellowship of Catholic University Students bought the 59,693-square-foot building. The organization has outgrown its existing space in Genesee and will expand into the building. Louisville-based Real Capital Solutions bought…

Kris Oppermann Stern

January 30, 2017
Gateway at Meridian

Felton Properties adds Class A asset to Meridian holdings

This post is only available to subscribers of the the Colorado Real Estate Journal. If you have a subscription, please log in to view this post. If you do not […]

Kris Oppermann Stern

January 30, 2017
Centerra industrial

McWhinney to develop second industrial spec building

Having leased up a new 83,890-square-foot building in Centerra Industrial Park in Loveland, McWhinney plans to develop a second building this year. “After the positive response to the first building on the campus, we recognize the need to provide additional industrial space in Northern Colorado,” Ashley Stiles, McWhinney vice president of development, said in a…

Kris Oppermann Stern

January 30, 2017
union station area

Location, Location, Location. Where? When? Why?

“God is in the details,” a common refrain attributed to Mies van der Rohe, though probably as old as architecture itself provides the starting point for an exploration of design. It touches on the two extremes: “god” (a.k.a., the “big picture”) and the “details,” and, perhaps most interesting, where they meet. This first installment of…

Building Dialogue

January 30, 2017