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Arvada portfolio

Revesco buys three-building portfolio in Olde Town Arvada

Denver-based Revesco Properties bought a trio of buildings in Olde Town Arvada for $6.55 million. The portfolio consists of: • 5773-5777 Olde Wadsworth Blvd., a 24,876-square-foot building on 18,729 sf of land. Tenants include a real estate sales office, attorney’s office, the Arvada Eggshell restaurant and retailers, with multifamily on the top floor. • 5707…

Kris Oppermann Stern

November 21, 2016
Winslow Report

Winslow Report 11-22-16

The Winslow Report, authored by John V. Winslow, is a compilation of transactions recently completed in Adams, Arapahoe, Boulder, Broomfield, Denver, Douglas and Jefferson counties. The information was gathered from county records and deemed to be reliable. Other sources of research include brochures and information verified by owners or listing/selling brokers. Winslow is president of Winslow…

John Winslow

November 21, 2016
Comp of the Day handshake image

Boulder apartments trade for $136 million

Boulder County Property Location: 3100 Pearl St., Boulder, “Solana Apartments” Property Description: 319-unit, four-story apartment complex, 273,131 sf, YOC 2014, brick/stucco/panel siding, 341 garage parking spaces, including 41 oversized spaces Land Size: 4.19 acres Sales Price: $136M, or $426,332 per unit, or $497.93 psf Reception No.: 03553882 Closing Date: 10/28 Grantor: Pearl Street Apartment Investors LLC…

John Winslow

November 21, 2016
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REIT acquires 69-acre ‘Jellystone Park’ in Douglas County for $7.42M

Douglas County Property Location: Interstate 25, south of Tomah Road at Exit 174, 650 Sky View Lane, Larkspur, “Yogi Bear’s Jellystone Park” Property Description: 2,004-sf retail building, YOC 1967; 490-sf retail building, YOC 1967; 1,960-sf house, YOC 1971, brick/frame; 1,120-sf house, YOC 1972 Land Size: 68.97 acres Sales Price: $7.42M, or $2.47 per sf Reception No.:…

John Winslow

November 15, 2016
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Residential developer buys 4.56 acres in CornerStar Shopping Center

Arapahoe County Property Location: North corner of S. Chambers & E. Briarwood Circle, Aurora Property Description: Vacant, proposed multifamily Land Size: 198,405 sf, or 4.56 acres Sales Price: $1.18M, or $5.92 psf Reception No.: D6122900 Closing Date: 10/26 Grantor: BRE DDR Cornerstar CO LLC, Kenneth L. Stern, SVP Grantee: Second Act Residences LLC, Steven Kreisman, mgr.,…

John Winslow

November 14, 2016
sunrun

Sunrun: Imprinting Company Culture into a Turnkey Sublease

Mention a turnkey sublease, and “unique” and “branded” are not typically the first descriptors that come to mind. Efficient? Yes. Cost-effective? Sure. But in this issue’s End User column, the team responsible for Sunrun’s fresh new Denver space demonstrates that with a strategic approach, a lot of creativity and flexibility – and a bit of psychology – you really can have it all.

Building Dialogue

November 14, 2016
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Confluence Cos. acquires site in northwest Denver

Denver County Property Location: Adjacent to the SWC of Inca St. & W. 41st Ave. (4001 Inca St.), Denver Property Description: Vacant land, plans for 125 for-sale units Land Size: 43,885 sf Sales Price: $3M, or $68.36 psf Reception No.: 2016141995 Closing Date: 10/13 Grantor: Hainey Family LP, RLLLP, Margaret K. Hainey, ptnr. Grantee: CD-Inca…

John Winslow

November 11, 2016
8085-8095 Oneida St.

Small-user industrial project achieves $111.11 per sf

An owner that saw potential in an unfinished industrial property reaped its rewards with the sale of the asset for $111.11 per square foot.

Kris Oppermann Stern

November 10, 2016
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Big O Tires operator acquires Grease Monkey headquarters

Arapahoe County Property Location: 7450 E. Progress Place, Greenwood Village, “Grease Monkey International Headquarters” Property Description: 14,300-sf, single-story office building, YOC 1968 Land Size: 1.96 acres Sales Price: $3M, or $202.70 psf Reception No.: D6125228 Closing Date: 10/28 Grantor: Progress Place Investments LLC, John B. Adams, CEO, 303-308-1660 Grantee: Leeds West Property Group LLC, Judd Shader,…

John Winslow

November 10, 2016
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Automotive group assembles 8.7 acres on Arapahoe Road corridor

Property Location: SWC E. Arapahoe Place & S. Blackhawk St., Centennial Property Description: Vacant land, proposed Bobby Rahal Auto Dealership Land Size: 8.7 acres Sales Price: $2.96M, or $7.90 psf Reception No.: D6126729 & D6111316 Closing Date: 11/3 & 9/30 Grantor: R&R LLC, Walid Maaliki, mgr., & Jordan-Arapahoe LLP, Jean Graham & Chris Wittenbrink, partners…

John Winslow

November 9, 2016