Goldman Sachs/Unico Properties execute $437.5 million loan to Morgan Stanley on 11 Boulder buildings
Boulder County Property Location: 4780-4999 Peal East Circle, One Pearl Plaza Property Description: 11 separate office buildings totaling 491,672 sf, YOC 1988-1999, masonry construction Land Size: 18.81 acres Sales Price: $150M, or $305.08 psf Reception No.: 3694792 Closing Date: 1/18/2019 Grantor: UPI/P7 Pearl East LLC, c/o Unico Properties Grantee: Western Office Portfolio Property Owner LLC (Alexander Cheek,…
John Winslow
February 8, 2019
Colorado Tech Center sites sell to Louisville developer for $1.5M
Boulder County Property Location: 1411 & 1443 S. Arthur Ave., Louisville Land Size: 1. 3.57 acres & 2. 2.19 acres (total 5.76 acres) Sales Price: $1,45M, or $5.78 psf Reception No.: 3694890 Closing Date: 1/22/19 Grantor: Sky Trail Investments LLC, Alexander Topakas, mgr., 303-589-0123 Grantee: CTC Gateway LLC (Mike Eisenstein, mgr., & Justin Collier, 906 Main…
John Winslow
February 7, 2019
Tebo exchanges into former First National Bank Longmont building
Boulder County Property Location: 1726 Hover St., Longmont Property Description: 16,587-sf rentable area in three-story office building, YOC 2005, brick construction Land Size: 1.53 acres Sales Price: $2.3M, or $138.66 psf Reception No.: 3695706 Closing Date: 1/18 Grantor: EAT-1813, Richard Levy, 1031 trustee for Sunflower Bank Grantee: Stephen D. Tebo Financing: Cash Comments: 5,529 sf available on lower…
John Winslow
February 6, 2019
Crocs signs lease for 88,293 square feet at Atria
Casual footwear company Crocs Inc. will relocate its corporate headquarters from Niwot to Broomfield in 2020. The move is part of the company’s strategy for long-term, sustainable growth, including employee retention and recruitment. “Our business is strong and we continue to explore ways to meet the needs of our employees while investing in our future,”…
CREJ
February 5, 2019
Boulder investors land 4,150-sf medical building in Lafayette
Boulder County Property Location: 110 Old Laramie Trail, Lafayette Property Description: 4,150-sf medical office building, YOC 2016, masonry Land Size: 7,413 sf Sales Price: $1.57M, or $378.31 psf Reception No.: 3695329 Closing Date: 1/18/2019 Grantor: Creekside 110 LLC (Hans Brutsche, mgr.) Grantee: 110 Old Laramie LLC (80%), Charles P. Rahe, mgr.; & GR Group LLC (20%), Emily…
John Winslow
February 5, 2019
Sea change in store for Flatiron Marketplace
More than 272,000 square feet of largely vacant retail space at Flatiron Marketplace will be demolished and replaced with up to 1,200 multifamily units and 14,000 square feet of ground floor retail. Broomfield City Council recently gave Dallas-based Provident Realty Advisors Inc. approval to redevelop Flatiron Crossing’s 20-acre Lifestyle District – an approximately $200 million…
Kris Oppermann Stern
February 4, 2019
Lafayette family partnership snatches Longmont office/warehouse
Boulder County Property Location: 1350 Kansas Ave., Longmont Property Description: 16,093-sf, two-story office-warehouse, fluted and fractured block, YOC 1984, Land Size: 1.07 acres Sales Price: $2.28M, or $141.37 Reception No.: 3695577 Closing Date: 1/25/19 Grantor: 1350 Kansas Avenue LLC (Theresa R. Caucillo, mgr.) Grantee: The Sanders Family LLC (Scott & Diane Sanders, mgr.), Lafayette Financing: $1.45M payable…
John Winslow
February 4, 2019
Interlocken buildings with credit tenant trade for $15.17M
This post is only available to subscribers of the the Colorado Real Estate Journal. If you have a subscription, please log in to view this post. If you do not […]
Kris Oppermann Stern
February 3, 2019
E*Trade building sells for $16.9 million
A longtime investor in the Denver market bought the TCA by E*Trade building in Centennial for $16.9 million, or $289.36 per square foot. Honolulu-based Watumull Properties Corp. purchased the 58,405-sf building at 7103 S. Revere Parkway in a deal handled by Colliers International brokers Brad Calbert, T.J. Smith and Nick Rice. The seller was 7103…
Kris Oppermann Stern
February 3, 2019
Louisville investor acquires neighborhood center in Westminster for $1.1 million
Adams County Property Location: 3200 W. 72ndAve., Westminster, “RMS Center” Property Description: 8,400-sf retail building, YOC 1963, brick Land Size: 12,630 sf Sales Price: $1.1M, or $130.95 psf Reception No.: 20180004188 Closing Date: 12-28-18 Grantor: M. Alice Lehman Grantee: 72nd Corner LLC (Michael Eisenstein, mgr.), Louisville 80027 Comments: This property was listed for sale by Brad Brooks of…
John Winslow
January 22, 2019
