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Utah developer acquires 6.7 acres in Castle Pines for senior housing

Douglas County Property Location: NWC Castle Pines Pkwy. & Monarch Blvd., Castle Pines Property Description: Vacant land, 72 independent-living units, 71 assisted-living units, 31 memory care units, total 174 total units, including 194,218 sf of building area, plus a 10,980-sf parking facility. The building will be stone veneer, stucco and frame construction Land Size: 6.74 acres…

John Winslow

October 20, 2016
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Landmark building in NW Denver sells for redevelopment

Denver County Property Location: 4402 Umatilla St., Denver Property Description: 4,158-sf warehouse, YOC 1914, masonry construction Land Size: 12,187 sf Sales Price: $825,000, or $198.42 psf Reception No.: 2016142356 Closing Date: 10/13 Grantor: 4402 Corporation, Paul R. Clark, pres. Grantee: 3360 W. 38th Ave LLC, Benjamin Gearhart, mgr., 303-309-0060 Financing: $346,000 payable to FirstBank, NA, due…

John Winslow

October 19, 2016

CBRE Research: Retail sales up; industrial absorption continues

Retail development remained strong in the third quarter, with over 187,000 square feet delivering in the quarter and nearly 964,000 sf underway, according to CBRE Research. Retail investment volume picked up in Q3 2016, increasing more than 70 percent quarter over quarter. More $159.1 million traded hands during the quarter for an average of $270.78 per sf year to date.[vc_column width="1/3"][vc_column…

CREJ

October 17, 2016

Planning for the Continuum of Attainable Housing

As Colorado continues its phenomenal growth, housing availability remains a top priority throughout the state. From the greater metropolitan area to mountain communities, attainable housing is in short supply.

Building Dialogue

October 17, 2016
Winslow Report

Winslow Report 10-18-16

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

October 17, 2016
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Townhomes planned in northwest Denver

Denver County Property Location: 4429-4431-4433 Tennyson St., Denver Property Description: 4,896-sf retail building, YOC 1961, brick/frame & 726-sf house, YOC 1900 (land value), plan for 18 townhomes priced in the $600,000 range Land Size: 18,750 sf Sales Price: $2.39M, or $127.47 per sf, or $132,778 per buildable townhome lot Reception No.: 2016139651 Closing Date: 10/7 Grantor:…

John Winslow

October 13, 2016

Transwestern releases third-quarter market reports

Asking rates for Class A office space slowed and direct vacancy ticked up in the third quarter, according to Transwestern's Third Quarter 2016 Economy Report. The Class A direct average asking rate was $30.61/sf, down from $30.76/sf in the second quarter. The Class B direct average asking rate was $22.45/sf up from $22.36/sf. The overall direct average asking rate was…

CREJ

October 12, 2016
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Northeast Denver Industrial building snagged by California owner-user

Denver County Property Location: 5301 E. 39th Ave., Denver Property Description: 51,410-sf industrial building, YOC 1958 (includes 2,480-sf finished office area & 18,715-sf fenced storage yard, brick & concrete block construction, four dock-high doors & one drive-in door, sprinkled, 15’ to 18’ clear height Land Size: 1.88 acres, zoned I-A Sales Price: $3.9M or $75.86 psf…

John Winslow

October 12, 2016
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KB Home Colorado takes down 42 lots in latest Stapleton filing

Denver County Property Location: NWC & SWC Alton St. & E. 59th Place, Denver Property Description: 42 vacant lots Land Size: 3.12 acres Sales Price: $2.77M, or *$20.42 psf, or $66,000 per lot Reception No.: 2016134791 Closing Date: 9/29 Grantor: FC Stapleton II LLC, Brian Fennelly, VP Grantee: KB Home Colorado Inc. Financing: Cash Comments: Lots…

John Winslow

October 11, 2016
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Land developer sells 195 lots for $7.12 million in Centennial’s newest residential subdivision

Arapahoe County Property Location: Vicinity of the northwest corner of Jordan Road & E. Otero Circle North, at the Arapahoe/Douglas county line, Centennial Property Description: 195 vacant lots, or 682,805 sf Land Size: 36.205 acres (gross acres), or 15.68 net acres Sales Price: $7.12M, or $4.52 psf (gross), or $10.43 per sf (net), $36,515 per lot…

John Winslow

October 10, 2016