Adams County retail center is purchased by local investor for $2.8 million
Adams County Property Location: 7236 Federal Blvd., Denver, “La Conte Center” Property Description: 14,905-sf retail center, YOC 2005; 2,400-sf retail building, YOC 2004, & 1,856-sf fast-food restaurant, YOC 1976; (total of 19,161 sf) Land Size: 2.4 acres Sales Price: $2.8M, or $125.25 psf Reception No.: 74031 2018 Closing Date: 9/11 Grantor: LaConte, J&R Real Estate Administrative Trust (Brian…
John Winslow
October 5, 2018
Castle Rock Sam’s Club ground lease closes for $6.3 million
Douglas County Property Location: 5940 Promenade Road, Castle Rock Property Description: 136,482-sf, single-story big box Sam’s Club, YOC 2017, masonry construction plus 192-sf service station with pumps Land Size: 16.435 acres Sales Price: $6.3M Reception No.: 2018054793 Closing Date: 9/7 Grantor: Imperial Locust (Promenade Castle Rock, Alberta Development, Don Provost) Grantee: Brock Associates III LLC (Andrew Brock,…
John Winslow
October 4, 2018
Park Burger snags location in Washington Park
Denver County Property Location: 1066 S. Gaylord St., Denver “Park Burger” – Washington Park Property Description: 5,250-sf restaurant/tavern, YOC 2009, masonry Land Size: 5,670 sf Sales Price: $2.38M, or $452.38 psf Reception No.: 2018114926 Closing Date: 9/7 Grantor: 1066 South Gaylord LLC (Jennifer Carpanini, mgr.), c/o Tavern Hospitality Group, 303-733-0350 Grantee: Ten 66 South Gaylord LLC (Jean…
John Winslow
October 3, 2018
First Industrial to develop 555,840 sf at I-70 & E-470
First Industrial Realty Trust Inc. has launched its first development in the Denver market in 16 years with a new industrial park at Interstate 70 and E-470. The Chicago-based real estate investment trust, a longtime player in the Denver industrial market, is kicking off First Aurora Commerce Center with a 555,840-square foot speculative, state-of-the-art distribution…
Kris Oppermann Stern
October 2, 2018
Seller executes 1031 exchange from townhomes to retail center
Adams County Downleg of 1031 exchange - Sale of 30 townhomes at E. 121stAve. & Colorado Blvd., Thornton Property Location: 3783-3799, 3811-21-23-25-33-35-37-39-41-45-69-3875 E. 121stAve., Thornton Property Description: 30 two-story townhomes ranging from 1,068 to 1,319 sf, YOC 1985-2001, wood frame construction, 12 with single-car garages, all with basements ranging from 399 to 640 sf, total…
John Winslow
October 2, 2018
Schnitzer West joins ownership of Fiddler’s Green buildings
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
October 1, 2018
Four separate Denver industrial buildings fetch $7.96M
Denver County Property Location: 4230 Elati St., Denver Property Description: 16,932-sf manufacturing building, YOC 1973 Land Size: 35,801 sf Sales Price: $3.05M, or $180.13 psf Reception No.: 2018101374 Closing Date:8/9 Grantor: KBD Investments LLC (Nicole Kazenske & Anne Marie Dienstbach) Grantee: Herrick Durango Land Co. (Edward D. Herrick Jr., mgr.) Financing: $1.83M to Community Banks of Colorado…
John Winslow
October 1, 2018
TWC to bring new Vīb to River North Art District
TWC Management will develop Colorado’s first Vīb hotel in Denver’s River North Art District. Vīb is a locally inspired boutique hotel concept by Best Western Hotels & Resorts. The six-story Denver hotel will be located at 3560 Brighton Blvd. and will offer 112 rooms plus amenities focused on convenience, technology and social engagement. “The creativity,…
Kris Oppermann Stern
September 30, 2018
Church Ranch developer to retain legacy
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
September 28, 2018
AIMCO acquires high-density site in Fitzsimons for 253 units
Adams County Property Location: Southeast corner E. 22ndAve. & Ursula St., Aurora Property Description: Vacant land, 253 units planned Land Size: 1.88 acres Sales Price: $1.64M, or $20 psf, or $6,475 per buildable unit Reception No.: 73915 2018 Closing Date: 9/10 Grantor: Fitzsimons Redevelopment Authority (Donald M. Elliman Jr., chairman) Grantee: AIMCO Fitzsimons 3A Lessor LLC Financing:…
John Winslow
September 27, 2018
