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Growing pains force music management firm to acquire office complex

Denver County Property Location: 743-747-753 Kalamath St., Denver Property Description: 1,846-sf office, 2,465 sf-office (rear building), 4,192-sf office, total of 8,503 sf, 3-building commercial  campus with 18 off-street parking spaces, YOC 1890, renovated in 2000, 2003 & updated in 2011 Land Size: 13,125 sf Sales Price: $1.79M, or $211.57 psf Reception No.: 2017005393 Grantor:. JT Real Estate LLC…

John Winslow

January 30, 2017
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Major Douglas County HVAC firm acquires 6,500-sf auto service garage

Douglas County Property Location: 1577 Park St., Castle Rock Property Description: 6,500-sf auto service garage, YOC 2001, metal construction Land Size: 21,780 sf Sales Price: $735,000, or $113.08 psf Reception No.: 2017001790 Grantor:. Sarah L. Nagle & Mary K. Easton, trustees of estate of Kenton Rearigh Grantee: DR Real Estate Holdings LLC, Dean E. Reeder IV, mgr., 303-993-1519…

John Winslow

January 27, 2017

Integrated Properties buys Signature Centre

CBRE Group Inc. announced the sale of Signature Centre, an 185,920-square-foot Class AA office property located at 14143 Denver West Parkway in Golden. Tim Richey, Mike Winn, Chad Flynn and Jenny Knowlton of CBRE Capital Markets Institutional Properties represented the seller, HQ Capital Real Estate LP of New York on behalf of TRIUVA. Integrated Properties…

CREJ

January 26, 2017
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California investor buys three-tenant retail center in Thornton

Adams County Property Location: 3890 E. 104th Ave., Thornton Property Description: 6,729-sf, three-tenant retail building, YOC 1999, masonry Land Size: 40,511 sf Sales Price: $2.72M, or $404.22 psf Reception No.: 2016000114708 Grantor:. 104th Colorado LLC, Fadi Sawaged, mbr. Grantee: The Geri Woolls Living Trust, Geri Woolls, trustee, 714-842-4117 8291 Guilders Drive, Huntington Beach, CA 92647 Closing Date: 12/30 Comments:…

John Winslow

January 26, 2017
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Denver Investor acquires Centennial office building for $116 per square foot

Arapahoe County Property Location: 7936 Arapahoe Ct., Centennial Property Description: 29,771-sf, three-story office building, YOC 1981, brick Land Size: 1.57 acres Sales Price: $2.09M, or $116.23 psf Reception No.: D7005250 Grantor:. Flying B Properties LLC, Joel S. Bush, mgr. Grantee: 7936 Arapahoe Court A & B LLC, Eli Diamant & Daniel H. Meitus, mbrs., 2165 S. Platte…

John Winslow

January 25, 2017
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Houston developer acquires 130 acres near Gaylord Hotel @ DIA

Adams County Property Location: NEC Himalaya Road & E. 64th Ave., west side of Himalaya Road, approximately 300 feet north of E. 64th Ave., Aurora Property Description: Vacant land Land Size: 129.893 acres Sales Price: $9.23M, or $1.63 psf Reception No.: 2016000114521 Grantor: LNR CPI High Point LLC, Patrick Galvin, VP Grantee: Rida High Point Land LLC, by:…

John Winslow

January 24, 2017

Amazon to open 1 million-sf fulfillment center

Amazon.com Inc. announced plans to open its first fulfillment center in Colorado. The 1 million-square-foot facility in Aurora is expected to create more than 1,000 new full-time jobs, which is in addition to the hundreds of associates currently employed at the Amazon sortation center in Aurora. “We are excited to create 1,000 new full-time jobs in Colorado that pay 30 percent higher than traditional retail…

CREJ

January 23, 2017
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Hamilton Zanze acquires Class B office buildings in Aurora & Centennial

Property Location: 12100-12250 E. Iliff Ave., Aurora, “Aurora Corporate Plaza” Property Description: 219,268-sf, three-story office complex (3 buildings) YOC 1983, concrete panel construction Land Size: 17.15 acres Sales Price: $17.38M, or $79.24 per sf Reception No.: B7006469 Grantor: TNREF III Aurora Corporate Plaza LLC, Paul R. Turovsky, mgr. Grantee: 1500 ACP LLC, David P. Messing, mgr.,…

John Winslow

January 20, 2017
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Denver investor acquires Lone Tree retail building for $316 per sf

Douglas County Property Location: 9234 Park Meadows Drive, Lone Tree Property Description: 16,311-sf multitenant retail building, YOC 2006 Land Size: 2.5 acres Sales Price: $5.15M, or $315.74 per sf Reception No.: 2017000649 Grantor: Stoneybrook Investments SPE LLC, Kevin McCoy, mgr., & Coot Oil SPE LLC, Gordon Penny, mgr. Grantee: Meadows at Lone Tree LLC (50.789%) & Masbro RLLP…

John Winslow

January 19, 2017
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Kroenke purchases upscale Centennial Airport hangar/office

Douglas County Property Location: 8725 Aviator Lane, Centennial Property Description: 33,503-sf airplane hangar/office building, YOC 2005 Land Size: 2.66 Acres Sales Price: $6.9M, or $205.95 per sf Reception No.: 2016094860 Grantor: DLTB LLC (David L. Liniger, mgr.) Grantee: GKT Bird Nest Colorado LLC c/o Kroenke Group 573-449-8323 Closing Date: 1/9 Financing: Cash Comments: See APN: 2231-013-02-009. There is 11,849…

John Winslow

January 18, 2017