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Denver Tech Center office sells to AAA of Colorado for $11.8 million
Arapahoe County Property Location: 6061 S. Willow Dr., Greenwood Village, “Atrium 1” Property Description:136,592-sf, three-story office building, YOC 1980, masonry construction Land Size: 6.406 acres Sales Price: $11.8M, or $86.39 per sf Reception No.: D7021888 Grantor: St. Paul Fire and Marine Insurance Company, R. William Inserra, VP Grantee: EPC Holdings 896 LLC c/o AAA Colorado Inc., Linda…
John Winslow
March 15, 2017Washington named market director for JLL’s Rocky Mountain Region
Paul Washington, executive director of the Denver Office of Economic Development, has accepted the role of JLL market director for the Rocky Mountain Region. Paul Washington “As head of the Denver Office of Economic Development, part of my mission was to provide resources to help Colorado businesses and communities thrive, and I see this new…
CREJ
March 14, 2017
Denver investor acquires Lakewood retail center for $8.4 million
Jefferson County Property Location: 650-670 S. Wadsworth Blvd., Lakewood, “Office Depot” Property Description: 20,689-sf shopping center & 25,845-sf single-tenant building, YOC 1995, masonry construction (total 46,534 sf) Land Size: 90910 & 93351 Sales Price: $8.4M, or $180.51 psf Reception No.: 2017014488 Grantor: Rebuild LA-Lakewood LLC, Martin A. Ensbury, 310-880-0132, or martin@theEnsburyGroup. (provigil) com Grantee: LOCSAW Venture LLC, Erik…
John Winslow
March 14, 2017
Ready for Takeoff: Adaptive reuse, design in the former Stapleton Airport air traffic control tower
In 1995, Denver shuttered the Stapleton International Airport. For about two decades, its old air traffic control tower stood vacant while new homes, restaurants and businesses grew up around it into what is now one of the largest urban redevelopment sites in the country.
Building Dialogue
March 13, 2017
Granite Place at Village Center: A New Breed of Office
Granite Place at Village Center is on the leading edge of a new breed of office towers in Denver’s southeast suburban market. Due for core-and-shell completion in March and occupancy by summer, the 10-story, 300,000-square-foot Class AA office tower broke ground early last year, and features a slick “corporate living room” on the ground level and a 1,000-space parking structure.
Building Dialogue
March 13, 2017
Airways buildings trade for $36.43 million
A Denver-based real estate investment trust landed 423,412 square feet of Class A industrial product in a $36.43 million transaction. Industrial Property Trust acquired Buildings 1 and 3 at Airways Business Center, a multiple building industrial park at Airport Boulevard and East Smith Road in Aurora. Built in 2003 and 2004, the high image buildings…
Kris Oppermann Stern
March 13, 2017
Food-service equipment supplier leases 117,000 square feet
Food-service equipment supplier BSI leased a 117,000-square-foot building at Hub 25, a new Class A industrial park at 601 E. 64th Ave. in Denver. BSI is widely recognized for manufacturing “ZGuards,” food shields used in restaurants and cafeterias, and also provides counter systems, sinks/floor troughs, carts and many other food display or merchandising systems to restaurants nationally. Tyler Carner and Jeremy Ballenger,…
Kris Oppermann Stern
March 10, 2017
Houston apartment developer pays $8.6 million for site at I-25 & South Broadway
Denver County Property Location: NEC S. Broadway & E. Arizona Ave.; NWC S. Lincoln St. & E. Arizona Ave.; 1190 S. Broadway, Denver Property Description: Vacant land, zoned R-MU-30 Land Size: 86,943 sf Sales Price: $8.6M, or $98.03 sf Reception No.: 201709131 Grantor: Platt Park North LLC, Lance Gutsch, mgr. Grantee: South Broadway Station Apartments LLC c/o The…
John Winslow
March 10, 2017
BMC acquires Aurora apartments for $125,431 per door
Adams County Property Location: 100 S. Sable Blvd., Aurora, “Landon Park Apartments” Property Description: 464-unit, two-story apartment complex (33 buildings), 344,280 sf, YOC 1978, frame/brick YOC 2013 Land Size: 20.67 acres Sales Price: $58.2M, or $125,431 per unit or $169.05 psf Reception No.: D7018689 Grantor: Star Bridge Promenade LLC (Russ Minnick, mgr.) 801-284-2930 Bridge Investment Group, 5295 S.…
John Winslow
March 9, 2017
Denver developer spends $37.20 per sf for key retail site in Littleton
Arapahoe County Property Location: SEC Broadway & E. Littleton Blvd. Property Description: existing 25,000-sf auto dealership Land Size: 3.51 acres Sales Price: $5M, or $37.20 per sf Reception No.: B7019226 Grantor: Arapahoe Motors Inc., 303-730-1300 Grantee: Drake Littleton Partners LLC, Jon Power, mgr., 303-951-7301 Closing Date: 2/15 Comments: Stew Mosko & Ray Rosado of Cushman & Wakefield handled…
John Winslow
March 8, 2017
