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Longmont mobile home park sells in $9.5 million transaction
Boulder County Property Location: 446 S. Francis St., Longmont, “St. Vrain Mobile Home Park” Property Description: 137-pad mobile home park w/ 860-sf house, YOC 1973 Land Size: 12.91 acres Sales Price: $9.5M, or $69,853 per pad Reception No.: 03534336 Closing Date: 6/29 Grantor: Duvernay Family Trust, Jude Duvernay, trustee, & St. Vrain Mobile Home Park Trust,…
John Winslow
August 11, 2016
Mobile home park trades for $7.4 million
Arapahoe County Property Location: 6705 S. Santa Fe Dr., Littleton, “Meadowood Village MHP” Property Description: 756-sf commercial building, YOC 1969, masonry construction, & 99-pad mobile home park Land Size: 17.93 acres Sales Price: $7.4M, or $74,747 per pad Reception No.: D6083625 Closing Date: 8/1 Grantor: The Meadowood Corporation, Douglas S. Buck, VP, 3559 N. summit Ave.,…
John Winslow
August 10, 2016
Medici Communities acquires land for $19 million, 111-unit multifamily/retail development
Arapahoe County Property Location: 3401 S. Broadway, Englewood Property Description: Vacant land Land Size: 80,490 sf (see D6083126 for file plat) Sales Price: $1.7M, or $21.12 per sf, or $15,315 per buildable unit Reception No.: D6083125 Closing Date: 7/28 Grantor: Englewood Urban Renewal Authority, S. Brad Power, exec dir. Grantee: Broadway Lofts LLLP, Troy Gladwell, mgr.,…
John Winslow
August 9, 2016
Century Communities banks 76-acre site at E-470 & East Jewell Avenue for $1.2M
Arapahoe County Property Location: 1505 S. Gun Club Road, Aurora Property Description: Vacant land Land Size: 76.04 acres Sales Price: $1.2M, or $15,779 per acre Reception No.: D6078189 Closing Date: 7/19 Grantor: Gun Club Road LLC Grantee: Arcadia Holdings 470 LLC c/o Century Communities, 303-770-8300 Financing: Cash Comments: Buyer owns the 70-acre site at the northeast…
John Winslow
August 8, 2016
KFC acquires site in Commerce City’s Reunion Marketplace
Adams County Property Location: N/S E. 104th Avenue, 600’ west of Chambers Road, Commerce City Property Description: Vacant land, plan for 3,100-sf KFC restaurant Land Size: 40,745 sf Sales Price: $685,000, or $16.81 per sf Reception No.: 2016000059282 Closing Date: 7/25 Grantor: Shea Chambers 104th LLC, Peter Culshaw, assistant secretary to Shea Properties Management Company…
John Winslow
August 5, 2016
Thornton Rite Aid investment sells to California Investor for 6.6% cap rate
Adams County Property Location: 3905 E. 104th Ave., Thornton, “Rite Aid Pharmacy” Property Description: 13,887-sf free-standing retail building, YOC 1998, masonry Land Size: 1.7 acres Sales Price: $3.54M, or $254.77 per sf Reception No.: 2016000056567 Closing Date: 7/14 Grantor: Revesco (USA) Properties of Thornton LLLP,Rhys Duggan, president, 303-551-7750 or www.revescoproperties.com Grantee: Angie Eun Jo, trustee of…
John Winslow
August 4, 2016
Aspen investor nabs Aurora AutoZone ground lease for 4.85% in-place cap rate
Arapahoe County Property Location: 908 S. Havana St., Aurora, “AutoZone ground lease” Property Description: 7,381-sf retail building, YOC 2016, masonry construction Land Size: 38,940 sf Sales Price: $1.67M Reception No.: D6080487 Closing Date: 7/26 Grantor: Hallie Holdings LLC, Robert C. Gleave, mgr. Grantee: AGA Holdings LLC, Michael M. Solondz & Barry S. Solondz, mgrs., 122 Stewart…
John Winslow
August 2, 2016
Developer goes for second course at Sanford’s building
What was a good restaurant location in Fort Collins more than a decade ago has only gotten better, so Rayno Seaser is going for a second round. Seaser just bought the recently vacated Sanford's Grub & Pub restaurant building at 1526 Oakridge Drive in Fort Collins for $1.53 million. Seaser, who developed the property with…
Kris Oppermann Stern
August 1, 2016
San Antonio hotel developer acquires third Marriott hotel
Douglas County (See all three comps) Property Location: SWC W. County Line Road & Erickson Blvd. (3090 W. County Line Road), Littleton Property Description: Vacant land, 116-room Marriott Residence Inn proposed Land Size: 104,647 sf Sales Price: $1.99M, or $19 per sf, or $17,138 per buildable room Reception No.: 2016047342 Closing Date: 7/18 Grantor: LC West…
John Winslow
August 1, 2016
Welltok: Looking at a Corporate Real Estate Project ‘Inside Out’
Typically, the emphasis in a corporate real estate project is on the front end: the brokerage transaction and initial project scope. But a recent International Facility Management Association panel discussion, featuring the team behind complex deals including the Welltok corporate headquarters relocation, turned that notion on its head, suggesting that successful projects have much deeper roots.
Building Dialogue
July 31, 2016
