Former ‘WOW’ retail building sells for $7.2 million
Arapahoe County Property Location: 9697 E. County Line Road, Englewood Property Description: 78,110-sf, single story retail building, YOC 1996, masonry Land Size: 5.384 acres Sales Price: $7.2M, or $92.18 per sf Reception No.: D8015790 Closing Date: 2/7 Grantor: DT Partnership LLC, David A. Dolan, mgr. Grantee: CCF Holdings LLC, Jeffrey W. Morrill, mgr. Financing: $3.6M…
John Winslow
February 23, 2018
Lazy Dog restaurant snags pad site in Southlands
Arapahoe County Property Location: Lazy Dog, 24110 State Ave., Aurora, (SWC State St. & S. Central Ave.) Property Description: pad site, proposed 9,509-sf restaurant* Land Size: 24,096 sf Sales Price: $1.71M, or $70.97 psf Reception No.: D8007174 Closing Date: 1/23 Grantor: NWSL Town Center LLC Grantee: Lazy Dog Colorado OPS LLC, Dewayne Mitchell, 714-596-9960, Dan Goldman,…
John Winslow
February 22, 2018
New York investor lassos office building in Glendale for $40.5 million
Arapahoe County Property Location: 4500 Cherry Creek Drive South, Glendale Property Description: 238,420-sf, 12-story office building, YOC 1973, renovated 2012, concrete panel construction Land Size: 5.367 acres Sales Price: $40.5M, or $169.87 psf Reception No.: D8011419 Closing Date: 1/29 Grantor: AA Cherry Creek LLC c/o EverWest Real Estate Partners LLC, Paul Andrews, mgr. Grantee: G&I…
John Winslow
February 21, 2018
Chicago investor saddles up for $72.5 million apartment deal
Arapahoe County Property Location: 22959 Smoky Hill Road, Aurora, “Advenir at Saddle Rock Apts.” Property Description: 320-unit, three-story apartment with 345,368 sf rentable, YOC 1987, frame Land Size: 23.13 acres Sales Price: $72.5M, or $226,563 per door, or $209.92 psf Reception No.: D8007969 Density: 24.68 D/U per acre Closing Date: 2/7 Grantor: Advenir@Saddle Rock LLC,…
John Winslow
February 20, 2018
Investor pays $2.74 million for Starbucks building
Arapahoe County Property Location: 11703 E. Arapahoe Road, Englewood Property Description: 2,022-sf free-standing Starbucks coffee shop, YOC 2017 Land Size: 1.46 acres Sales Price: $2.74M, or $1,355 psf Reception No.: D8011419 Closing Date: 1/29 Grantor: Confluent Development LLC Grantee: Arapabucks LLC Comments: This is 10-year lease with four five-year options with an in-place cap rate…
John Winslow
February 19, 2018
Developer avoids ruffling feathers with residential-style apts.
A new apartment community on the U.S. Highway 36 corridor will feel a lot like a single-family neighborhood, and its developer is taking steps to ensure it’s a good neighbor – particularly to one specific resident. The Garrett Cos. will break ground in the second quarter on Caliber at Flatirons, a 288-unit community on approximately…
Kris Oppermann Stern
February 18, 2018
Cherry Creek Corporate Center sells for $40.5 million
A prominent Cherry Creek office tower sold to Chicago-based company looking to add value to the asset. M&J Wilkow, in a joint venture with a fund managed by DRA Advisors LLC, bought Cherry Creek Corporate Center from an EverWest Real Estate Partners affiliate, AA Cherry Creek LLC. Arapahoe County records show the buyer paid $40.5…
Kris Oppermann Stern
February 18, 2018
Mexico City group pays $19.5M for first, but not last, Denver asset
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Kris Oppermann Stern
February 16, 2018
Mixed-use TOD building in Lakewood sells for $20.9M
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Kris Oppermann Stern
February 16, 2018
Apartments within 2 miles of one another yield $106.76M
Adams County 1. Property Location: 101 E. 88th, Thornton Property Description: 322-unit apartment complex, 248,883 sf NRA, YOC 1973, brick and frame construction Land Size: 12.13 acres Seller: Ashford East 88 LLC 400 Galleria Pkwy. E., Ste 400, Atlanta, GA, The Radco Cos., Leslie Thaxton, regional manager – Colorado, 770-272-9330 Buyer: Thornton Multifamily LLC c/o…
John Winslow
February 16, 2018
