Louisville office building sells to Boulder investor for $9M
Boulder real estate investor Stephen Tebo of Tebo Development Co. acquired a 41,478-square-foot office building in Louisville for $9 million. The Class A building is located at 400 Centennial Parkway. Uber occupies most of the space. CoBiz Bank also is a tenant. Occupancy was 90 percent at the time of the sale. A locally owned…
Kris Oppermann Stern
January 21, 2018Denver restaurateur acquires Old Gaylord Street restaurant
Denver County Property Location: 1001 S. Gaylord St., Denver, “Homegrown Tap & Dough” Property Description: 2,676-sf restaurant, YOC 1926, brick construction Land Size: 5,900 sf Sales Price: $2M, or $747.38 per sf Reception No.: 2018002223 Closing Date: 1/5 Grantor: South Gaylord Properties LLC, Laurie Jekel, mgr. Grantee: JPP Properties LLC, Jean Philippe Fallyau, mgr., 720-459-8736…
John Winslow
January 19, 2018Denver metro industrial portfolio trades for $51.5 million
Denver, Adams & Jefferson counties Address or Location: 1) 2475 W. 2nd Avenue (Denver County), “Bryant Street Quad”; 2) 6400 Broadway, Denver (Adams County); 3) 16600 Table Mountain Pkwy., Golden (Jefferson County) Improvements: 1) 152,890-sf warehouse, YOC 1971, twin-tee construction; 2) 70,141-sf warehouse, YOC 1984, twin-tee construction; 3) 261,825-sf warehouse, YOC 1997, concrete panel Land…
John Winslow
January 18, 2018Ziggi’s Coffee acquires pad site in Westminster for ninth Colorado location
Jefferson County Address/Location: North side of W. 100th Avenue, 500 feet east of the Church Ranch Boulevard intersection with W. 100th Avenue (8525 W. 100th Ave.), Westminster Improvements: Vacant retail site; plan to build coffee shop Land Size: 20,939 sf Reception No.: 20180000931 Price: $350,000, or $16.71 psf Grantor: Church Ranch Crossing LLC, Tim Hadjis,…
John Winslow
January 17, 2018Lee & Associates provides year-end office update
Denver's office vacancy rate stood at 10.5 percent at year-end, according to the report. Trends affecting the office market include rising commercial real estate taxes and construction costs.[vc_column width="1/3"][vc_column width="1/3"][vc_column width="1/3"]
CREJ
January 16, 2018Buyer slides into Payless Shoes retail building for $835,000
Jefferson County Address: 9409 Sheridan Blvd., Westminster, “Payless Shoes” Improvements: 3,816-sf retail building, YOC 1995, masonry Land Size: 24,829 sf Date of Recording: 1/5 Reception No.: 20180002492 Price: $835,000, or $218.81 psf Grantor: L. Lane Loyko, Trustee, & Phyllis Atterbury Trust Grantee: CDG – Austin Bluffs LLC c/o CenterPointe Development, Matt Ladendorf, mgr., 602-448-8766, or…
John Winslow
January 16, 2018Dunton Commercial changes hands with focus on property management
Commercial real estate professionals Taylor Fenn and Peter Katz of Walpin & Co. have acquired Dunton Commercial LLC with plans to expand its property management business. “We saw a great opportunity to take an established Denver commercial real estate company and transform it by building around new, highly talented management and state-of-the-art systems and process,”…
CREJ
January 15, 2018CBRE Research releases quarterly reports on office, retail and industrial markets
New construction continued to be the story for Denver's industrial real estate market in 2017, CBRE Research said in its newly released reports on the Denver industrial, office and retail markets A total of 5.4 million square feet was delivered to the metro Denver market, the highest level since 2001, when 5.5 million sf of…
CREJ
January 14, 2018School district pays $8.25 million for repositioned industrial site
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 14, 2018Fort Collins affordable housing buildings get serious makeover
Housing Catalyst is undertaking a major rehabilitation of three affordable housing communities that comprise the Village on Shields in Fort Collins. In all, 22 buildings with 285 units will receive an extensive makeover, and a long-shuttered community building will be brought back to life as part of the multimillion-dollar project. The renovations are being funded…
Kris Oppermann Stern
January 14, 2018