Native American Bank to move HQ, open branch on Broadway
Native American Bank will move its headquarters from a downtown Denver high-rise into a high-visibility building on Broadway in 2019. The bank bought the 13,730-square-foot building at 201 Broadway for $4.77 million with plans to retrofit it for its headquarters and its first true Colorado branch bank. Native American Bank is owned predominantly by Native…
Kris Oppermann Stern
January 29, 2018Denver industrial property trades for $1.13 million
Denver County Property Location: 4925 E. 38th Ave., Denver Property Description: 6,712-sf industrial building, YOC 1956, masonry construction, heavy power and refrigeration/cooling Land Size: 18,002 sf Sales Price: $1.13M, or $167.61 psf Reception No.: 2018007665 Closing Date: 1/19 Grantor: John W. Campbell IV & Molly S. Campbell Grantee: RZ Boru Family Holding, Richard O’Brien, mgr.,…
John Winslow
January 29, 2018Broe Real Estate to inject life into large campus in Longmont
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
January 28, 2018City and county of Denver closes on disputed property for $3.8 million
Denver County Property Location: 2645 W. Seventh Ave., Denver Property Description: 33,042-sf warehouse, YOC 1970, twin-tee construction, to be used for possible homeless shelter overflow Land Size: 1.145 acres Sales Price: $3.8M, or $115.00 psf Reception No.: 2017149981 Closing Date: 11/15/2017 Grantor: 2601-2605 W. 7th Ave LLC, Katherine B. Dudden, Bret Kaup, Amber Kaup Grantee:…
John Winslow
January 26, 2018Mile High Ambulance resuscitates Commerce City property
Adams County Property Location: 8451 Brighton Road, Commerce City Property Description: 9,600-sf industrial building with five drive-in doors, YOC 1996, metal construction; 4,000-sf office building, YOC 1968, metal construction; & 2,159-sf warehouse, YOC 1962, metal construction (total 15,759 sf - three bldgs.) Land Size: 1.553 acres Sales Price: $1.9M, or $120.57 psf Reception No.: 2018000006106…
John Winslow
January 25, 2018Gilliland family assembles remaining 8.1-acre tract near Xcel Energy plant for $3.45 million
Adams County Property Location: 1961 East 64th Ave., Denver (between York and Franklin streets) Property Description: Vacant land, rezoned from A-1 to I-2 in October 2009 Land Size: 8.1127 acres Sales Price: $3.45M, or $9.76 per sf Reception No.: 2018000003356 Closing Date: 1/10 Grantor: WCSC Acquisition Company, Robert Matz, CEO Grantee: Gilliland Family Partners LLLP,…
John Winslow
January 24, 2018Logan Apartments near state Capitol sells for $16.3 million
Denver County Property Location: 619 Logan St., Denver, “The Logan Apartments” Property Description: 57-unit, five-story apartment building, 34,954 sf, YOC 2012, brick/stucco and wood siding, 49 parking space underground garage plus two open spaces Land Size: 17,425 sf Density: 142.5 units per acre Sales Price: $16.3M, or $285,965 per unit, or $466.33 psf Reception No.:…
John Winslow
January 23, 2018Industrial portfolio draws $51 million
One of the world’s largest investment managers paid $51 million, or $104.94 per square foot, for a multitenant industrial portfolio in Denver and Golden. The 485,984-square-foot portfolio consisted of Bryant Street Quad and 6400 Broadway in central Denver, along with 16600 Table Mountain Parkway in Golden. UBS Realty Investors sold the 100-percent leased assets to…
Kris Oppermann Stern
January 22, 2018Newly built 1401 Lawrence sets record price for downtown
Pricing for newly constructed Denver office buildings continues to hit record highs – a trend that continued with the sale of 1401 Lawrence. The newest high-rise tower in downtown Denver, the 309,988-square-foot building reportedly sold for around $720 per sf. The previous record was the $677 per sf achieved by the Triangle Building near Denver…
Kris Oppermann Stern
January 21, 2018Gogo Building goes to Invesco for $47.1 million
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
January 21, 2018