One Lincoln Station sells for $43.75 million

Douglas County Property Location: 9380 Station St., Lone Tree, “One Lincoln Station” Property Description:154,229-sf, six-story office building, YOC 2008, Leed certified, fitness center, conference room Sales Price: $43.75M, or $283.67 psf Closing Date: 3/12 Reception No.: 2018014919 Grantor: Lincoln Station Phase One LLC Grantee: OLS Preston LLC, et al., c/o Spectrum Properties, 214-379-8600 Comments: Leasing brochure from…

John Winslow

April 5, 2018

Clarion Partners acquires 14-building, 1.9 million-sf industrial portfolio

Adams County Property Location: Gateway Portfolio, 18250 E. 40th Ave., Aurora, et al. Property Description: 14 industrial buildings ranging from 72,000 sf to 347,840 sf, constructed in 1996, 1997, 1998, 2004 and 2015, 1.93M total square feet Land Size: 113.452 acres in 14 parcels Sales Price: $206.15M, or $106.55 psf Closing Date: 3/8 Grantor: Gateway Industrial…

John Winslow

April 4, 2018

Brookfield sells 51 percent interest in 1801 California for $285.6 million

Brookfield Properties sold 51 percent interest in downtown Denver’s second-biggest office tower for $285.6 million. PNC Realty Investors Inc., on behalf of the AFL-CIO Building Investment Trust, was the buyer. Brookfield retained 49 percent interest in the asset. The 1.3 million-square-foot building is valued at approximately $560 million. The acquisition price for the office space…

Jill Jamieson-Nichols

April 3, 2018

Boulder investors land professional office building in Arvada for $1.66 million

Jefferson County Property Location: 6390 Gardenia St, Arvada Property Description: 10,471-sf, two-story office building, YOC 2000, brick/frame Land Size: 41,927 sf Sales Price: $1.66M, or $158.87 per sf Reception No.: 2018021894 Closing Date: 3/7 Grantor: Wildflower Ponds Professional Office Park LLC, Roger R. Ladd, mgr. Grantee: Golden Bear RE c/o Colorado Group, Jeff E. Levy, mgr., 720-722-1810…

John Winslow

April 3, 2018

Buyer pays top dollar for Flatirons Terrace

Flatirons Terrace

An independent living facility in Boulder sold for one of the highest prices per unit, if not the highest, to be achieved in Colorado. Harrison Street Real Estate Capital paid $20 million, or $370,370 per unit, for Flatirons Terrace at 930 28th St. The 95 percent-occupied, 54-unit property offers luxury living with “elegant” dining spaces,…

Jill Jamieson-Nichols

April 1, 2018

Retail center at College & Harmony fetches $15.49M

Arbor Plaza

A shopping center at one of the busiest intersections in Fort Collins sold for $15.49 million, or $222.26 per square foot. Located at the southwest corner of South College Avenue and Harmony Road, Arbor Plaza consists of 69,683 sf of strip center and pad space, along with a Walmart Supercenter that was not part of…

Jill Jamieson-Nichols

March 30, 2018

Ticket to own One Lincoln Station sells for $43.75 million

One Lincoln Station

A Dallas company bought a $43.75 million ticket to One Lincoln Station, a true transit oriented office building. The six-story building sits at the Lincoln Station light-rail platform, putting tenants within steps of trains running downtown and throughout the suburbs. Westfield Company Inc. and Bradbury Properties developed and sold the 147,184-square foot building to an…

Jill Jamieson-Nichols

March 30, 2018

Declaration Brewing building sells to local businessman

Denver County Property Location: 2030 S. Cherokee St., Denver Property Description: 8,131-sf restaurant/brewing building, masonry construction, YOC 2015 Land Size: 18,779 sf Sales Price: 2.5M, or $307.47 psf Closing Date: 3/21 Reception No.: 2018033594 Grantor: Declaration Brewing Co., Michael E. Blandford, pres. Grantee: BaseCamp Brew LLC, Rees Davis Jr. Financing: Cash at closing Comments: This is a…

John Winslow

March 30, 2018

Prime West sells One Belleview Station

One Belleview Station

One Belleview Station achieved record pricing for office product in southeast suburban Denver with its $152 million sale to Dallas-based Ramrock Real Estate LLC. Developer Prime West sold the new Class AA building for $477.90 per square foot. That beats the $475 per sf paid for Re/Max Plaza and $423.78 per sf for Granite Place…

CREJ

March 29, 2018

Denver interior design entrepreneur snaps up office building

Denver County Property Location: 3400 Mariposa St., Denver Property Description: 6,207-sf office building, plus 1,907-sf garage, YOC 1966 (remodeled in 2009), masonry construction (total of 8,114 sf) Land Size: 9,375 sf Sales Price: 2.05M, or $252.65 psf Closing Date: 3-21-18 Reception No.: 20180 Grantor: Happy Jack LLC, Douglas C. Payne, mgr. Grantee: LAD2 LLC, Angela M. Harris,…

John Winslow

March 29, 2018