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Comp of the Day handshake image

Aurora agricultural land sells for $25,269 per acre

Arapahoe County Property Location: NEC S. Picadilly Road & E. Alameda, Aurora Property Description: Vacant land Land Size: 77.29 acres in three tracts of land Sales Price: $1.95M, or $25,269 per acre Reception No.: D6144943 Closing Date: 12/12 Grantor: Kevin M. Martin & Hugh T. Privette Grantee: The Trust for Public Land, Brenda Schick, VP, 303-837-1414, 1410 Grant St., Denver 80203…

John Winslow

December 28, 2016
Comp of the Day handshake image

Southglenn office building sells for $64 per square foot

Arapahoe County Property Location: 2305 E. Arapahoe Road, Centennial, “Southglenn Plaza Offices” Property Description: 43,690-sf, two-story office building, YOC 1978, (front façade updated recently and site contains 164 parking spaces) Land Size: 3.182 acres Sales Price: $2.8M, or $64.09 psf Reception No.: D6145421 Closing Date: 12/12 Grantor: Southglenn Plaza Offices LLC, Don V. Bailey, CEO, or Patrick J. Bailey,…

John Winslow

December 27, 2016
Comp of the Day handshake image

Husband & wife swim team to open Goldfish Swim School

Denver County Property Location: NEC E. 50th Ave. & Central Park Blvd., Denver Property Description: Vacant land, plan to build Goldfish Swim School Land Size: 53,470 sf Sales Price: $800,000 or $14.96 psf Reception No.: 2016175928 Closing Date: 12/14 Grantor: FC Stapleton II LLC, Brian Fennelly, VP, 303-382-1800 Grantee: Turner Property Holdings LLC, Amy Turner & Patrick T.…

John Winslow

December 26, 2016
Comp of the Day handshake image

AAA Barricade finds ideal space at 8215 Steele St.

Adams County Property Location: 8215 Steele St., Denver Property Description: 4,619-sf, two-story office/showroom, YOC 2006 Land Size: 87,120 sf Sales Price: $1.25M, or $270.62 psf Reception No.: 20160000107810 Closing Date: 12/12 Grantor: DAP Montoya Holdings LLC, Darby Montoya, mgr. Grantee: ATR Holdings LLC, c/o AAA Barricade Co., 303-289-6880, Jennifer & Steven Scott, mgrs., 8215 Steele St., Denver 80229 Financing: $1.17M payable…

John Winslow

December 23, 2016
The Viceroy Snowmass

Snowmass base village changes ownership

A joint venture of East West Partners, Aspen Skiing Co., and an affiliate of KSL Capital Partners, LLC has closed on the acquisition of the Snowmass base village project from Snowmass Acquisition Co., an affiliate of the Related Cos.. The purchase includes all remaining development parcels and commercial spaces in base village, the Snowmass Hospitality…

CREJ

December 22, 2016
Comp of the Day handshake image

Colorado Auto Finders acquires 4.5 acre-site

Arapahoe County Property Location: North side of E. Arapahoe Road, southwest corner E. Peakview Ave. & E. Euclid Drive, 12351 E. Arapahoe Road, Centennial Property Description: Vacant land, proposed 12,600-sf Auto Finders Facility Land Size: 4.5 acres Sales Price: $1.08M, or $5.50 psf Reception No.: D6144185 Closing Date: 12/9 Grantor: Concorde Place by: James Blair Properties Inc., 303-805-9839, Ron…

John Winslow

December 22, 2016
DCT Industrial market leaders

Denver-based DCT rings closing bell

Phil Hawkins, president and CEO of Denver-based DCT Industrial Trust, and DCT market leaders were in New York Dec. 13 to ring the closing bell of the New York Stock Exchange. DCT, the largest publicly traded real estate investment trust headquartered in Denver, is celebrating its 10th anniversary this month. The company acquires, develops, leases and manages bulk distribution…

CREJ

December 20, 2016
Comp of the Day handshake image

Regatta Apartments trade for $30.8 million

Adams County Property Location: 11450 Melody Drive, Northglenn, “Regatta Apartments” Property Description: 168-unit apartment complex w/seven three-story buildings plus clubhouse, 150,150 sf rentable, YOC 1999, 244 open parking spaces, Land Size: 7.84 acres Sales Price: $30.8M, or $183,333 per unit, or $205.13 psf Reception No.: 20160000108775 Closing Date: 12/13 Grantor: Bascom Melody Drive Apartments LLC, c/o Bascom Group, Jerome…

John Winslow

December 20, 2016
20101 E. 36th Drive

Conscience Bay buys 277,236-sf industrial building in Aurora

Conscience Bay Co. made a value-add play in the Denver market with the $14.51 million acquisition of a soon-to-be-vacated industrial building in Majestic Commercenter. Boulder-based Conscience Bay bought the 277,236-square-foot building at 20101 E. 36th Drive in Aurora from S&Z Realty LLLP for $52.34 per sf, well below replacement cost. The U.S. Postal Service and…

Kris Oppermann Stern

December 19, 2016
Canyon Center

Boulder office buildings trade for $92.57M in portfolio deal

One of the largest owners of office properties in the U.S. bought three buildings in Boulder as part of an approximately $1.9 billion U.S. portfolio. Canyon Center, 1050 Walnut and 1900 15th St. were part of a portfolio of 26 properties around the country that Blackstone Group bought from Alecta, a Swedish pension fund manager.…

Kris Oppermann Stern

December 19, 2016