Larimer Square owner buys Harmony Commons retail shops
A Brinkman affiliate sold the company’s newly developed Harmony Commons retail center to a Denver investor for $13.15 million, or $511 per square foot. Jeff Hermanson, owner of Denver’s Larimer Square and an investor in numerous other Colorado properties, purchased Harmony Commons, a spokeswoman said. Urban Villages will manage the property. Harmony Commons, completed in…
Kris Oppermann Stern
October 28, 2018
Englewood industrial building sells to Denver oilman for $975,000
Arapahoe County Property Location: 3990 S. Kalamath St., Englewood Property Description: 5,920-sf warehouse, YOC 1969, twin-tee construction Land Size: 8,276 sf Sales Price: $975,000, or $164.70 psf Reception No.: D8100950 Closing Date: 10/9 Grantor: 3990 S. Kalamath LLC (Robert G. Millen, mgr.) Grantee: Bison Garage LLLP (James “Austin” Akers, mgr.), 518 17th St., Suite 1800, Denver 80202,…
John Winslow
October 26, 2018
South suburban Denver office complex sells for $85.2 million
Arapahoe County Property Location: 6200 S. Quebec St., Greenwood Village Property Description: Four-story, 330,514-sf suburban office building, YOC 1983, renovated in 2016, concrete panel & masonry construction Land Size: 26.077 acres Sales Price: $85.2M, or $257.78 psf Reception No.: D8098079 Closing Date: 10-2 Grantor: CSHV Denver Tech Center LLC, c/o California Teachers (Scott Chan) Grantee: 6200 S.…
John Winslow
October 25, 2018
Owner-user pays $106 per square foot for northeast Denver warehouse
Denver County Property Location: 10645 E. 47thAve., Denver Property Description: 13,631-sf warehouse, YOC 1968, brick construction Land Size: 25,100 sf Sales Price: $1.45M, or $106.38 psf Reception No.: 2018125767 Closing Date: 10/3 Grantor: MCCain LLC (Douglas McCain, mgr.) Grantee: Mountain Building LLC (Todd Schrader, mbr.), 10645 E. 47thAve., Denver Financing: $736,750 payable to BOKF, NA, dba Colorado…
John Winslow
October 24, 2018
Retail buildings in ‘hot’ Denver Highland market snagged by local investors
Denver County 1) Property Location: 3867 Tennyson St., Denver Property Description: 2,729-sf, two-story retail building, YOC 1899, brick Land Size: 5,633 sf Sales Price: $844,000, or $309.27 psf Reception No.: 2018124774 Closing Date: 10/2 Grantor: Tennyson Street Properties LLC Grantee: Skal Mot LLC (Dirk Nygaard, Joshua Harris & Eugene Mitchell, mgrs.), 3967 Tennyson St., Denver 80212 Financing: $633,000…
John Winslow
October 23, 2018
Rreef REIT sells Central 62 Distribution Center for $21.33M
Adams County Property Location: 495 E. 62nd Ave., Denver, “Central 62 Distribution Center” Property Description: 123,904-sf warehouse, YOC 2016, concrete construction with 28’ clear height Land Size: 7.57 acres Sales Price: $21.33M, or $172.11 psf Reception No.: 79266 2018 Closing Date: 9-28 Grantor: Central 62 LLC (Rreef Fund), James E. Toney, VP, & Marc Feliciano) Grantee: Central 62 Acquisition…
John Winslow
October 22, 2018
Bay Area buyer pays $12.2 million for Broomfield assets
A San Francisco buyer paid $100.72 per square foot for a 121,133-sf industrial property just off U.S. Highway 36 in Broomfield. Stockbridge Real Estate purchased 224 and 226 Commerce St. from Boulder-based Flagstaff Holdings-224 LLC. The price recorded with Broomfield County was $12.2 million. The two buildings, 74,853 and 46,280 sf, were fully leased at…
Kris Oppermann Stern
October 21, 2018
Littleton dealership sells for record-high amount of $51.5 million
Arapahoe County Property Location: 5450-5460-5470 S. Broadway & 5300 S. Broadway, Englewood, “Groove Toyota” Property Description: 22,080-sf auto dealership, YOC 1971; 80,576-sf dealership space, YOC 1980/1987/2014, masonry construction; & 111,602-sf storage space, YOC 1971 (total of 214,258 sf) Land Size: 18.41 acres Sales Price: $51.4M, or $239.90 psf Reception No.: D8100563 & D8100567 Closing Date: 10-10 Grantor:…
John Winslow
October 19, 2018
Granite Properties study shows parking goes unused
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Kris Oppermann Stern
October 18, 2018
Distribution center containing 1.3 million square feet in Brighton sell for $40.75 million
Adams County Property Location: 18824 E. Bromley Road, Brighton Property Description: 1.3 million-sf warehouse, YOC 1994, concrete construction Land Size: 103.3 acres Sales Price: $40.75M, or $31.21 psf Reception No.: 80179 2018 Closing Date: 10-2 Grantor: Brighton Lease Management LLC by: Net Lease Management Partners LLC (John H. Newcomer Jr., as liquidating trustee) Grantee: Starboard Platform Brighton…
John Winslow
October 18, 2018
