Houston investor snags two marijuana-tenant Industrial buildings
Denver County 1. Property Location: 4600 Ironton St., Denver Property Description: 37,636-sf warehouse, YOC 1976, twin tee construction Land Size: 2.21acres Sales Price: $3.6M, or $95.65 psf Reception No.: 2018140225 Closing Date: 10/29 Grantor: BCP-4600 Ironton LLC (Chad A. Brue, mgr.), 303-500-8959 Grantee: GS Ironton LLC, Chris Calato, 832-301-3933, c/o Morningside Capital Comments: This building has been divided…
John Winslow
November 14, 2018Alliance Residential pays $7.85 million for Uptown Denver site
Denver County Property Location: SEC & SWC E. 18thAve. & Marion St., Denver Property Description: Misc. improvements (land value) Land Size: 45,373 sf Sales Price: $7.85M, or $173.01 psf, or $35,202 per buildable unit Reception No.: 2018143156 @ 2018143129 Closing Date: 11/5 Grantor: Mile High Montessori Early Learning Centers (Pamela Harris, CEO) & Children’s Hospital Colorado (Jeff…
John Winslow
November 13, 2018Berkeley at Regis Apartments sells for $30.75M
Adams County Property Location: 4703 W. 52ndAve., Denver, “Berkeley at Regis Apts.” Property Description: 127-unit, three-story townhome/apartment units containing 13 buildings & clubhouse, 128,707 sf, YOC 1999 & 2003 Land Size: 6.69 acres Sales Price: $30.75M, or $242,126 per door, or $238.91 psf Reception No.: 88006 2018 Closing Date: 10-26 Grantor: Fifteen Regis LLC (Ian Sanders, founder),…
John Winslow
November 12, 2018Dallas developer snags northeast Denver build-to-suit for Caliber Collision
Denver County Property Location: 5050 Smith Road, Denver Property Description: Misc. improvements (land value) Land Size: 2.13 acres Sales Price: $1.2M, or $12.93 psf Reception No.: 2018140622 Closing Date: 10-30 Grantor: Farzo Co LLC (Joseph E. Bojalad, III, mgr.), Sewickley, PA 15143 Grantee: VRD at Stapleton LLC, c/o Tony Ramji, president of Victory Real Estate Group, 214-718-0707…
John Winslow
November 9, 2018Tech company takes S’Park office space
A technology company with operations in Boulder has leased the entire office component of a new mixed-use building at S’Park in Boulder. Splunk will occupy approximately 42,000 square feet in the Market Building, a 53,000-sf building with ground-floor retail. The building is slated for completion in early 2019. “Splunk has long recognized the tremendous pool…
Kris Oppermann Stern
November 8, 2018ReyLenn Properties acquires Aurora multifamily site
Adams County Property Location: SWC Martin Luther King Blvd. & Oswego St., Aurora Property Description: Vacant land Land Size: 9.06 acres Sales Price: $6.75M, or $17.10 psf, or $24,107 per buildable unit Reception No.: 83021 2018 Closing Date: 10-15 Grantor: FC Stapleton II LLC Grantee: Solana Stapleton LLC, c/o ReyLenn Properties LLC (Jason Smith, VP) Comments: Buyer plans…
John Winslow
November 8, 2018Private investor pays $3.07M for Gunbarrel office building
A Gunbarrel office building anchored by a restaurant franchisee changed hands for $3.07 million in a sale-leaseback. Clubhouse Fortress LLC, a private investor, purchased the Country Club Offices at 7490 Clubhouse Road in Boulder at a 6.67 percent capitalization rate. Lund Brown Enterprises LLC sold the 14,884-square-foot building. The asset received multiple offers within the…
Kris Oppermann Stern
November 8, 2018ARA Newmark closes Waterford RiNo & Keystone Apartments for $130.1 million
Denver & Adams counties 1. Denver Property Location: 2797 Wewatta St., Denver, “Waterford RiNo Apartments” Property Description: 301-unit, five-story apartment complex, 252,828 sf, YOC 2012, brick & frame construction Land Size: 3.039 acres Density: 99 units per acre Sales Price: $90.62M, or $301,053 per door, or $358.41 psf Reception No.: 2018141988 Closing Date: 10-31 Grantor: CWS Wind…
John Winslow
November 7, 2018Granite Depot snags central Denver warehouse for $2.4 million
Denver County Property Location: 2605-2625 W. 8thAve., Denver Property Description: 18,950-sf warehouse (7,317-sf office area), YOC 1973, updated in 1987, three dock doors and one drive-in (10’x14’), 18’ ceiling height Land Size: 28,000 sf Sales Price: $2.4M, or $126.65 psf Reception No.: 2018140785 Closing Date: 10-31 Grantor: Greenwood Enterprises LLC (Greg Greenwood, mgr.) Grantee: 2605 W. 8thAve…
John Winslow
November 6, 2018Lincoln Property buys Denver Financial Center I & II for $95.2M
Lincoln Property Co. acquired Denver Financial Center I and II for $95.2 million on behalf of a public pension fund client. Located in the Uptown neighborhood, the 13- and 34-story office towers at 1775 Sherman St. and 1776 Lincoln St. comprise 435,672 square feet. They are just under 88 percent leased to SM Energy, PDC…
Kris Oppermann Stern
November 4, 2018