Westminster REO shopping center snagged for $42.76 per square foot
Jefferson County Property Location: 6735- 6795 W. 88th Ave., Westminster Property Description: 99,397-sf retail building, YOC 1989, masonry construction, renovated in 2004 Land Size: 8.448 acres Sales Price: $4.25M, or $42.76 psf Reception No.: 2017101132 Closing Date: 9/30 Grantor: 6755 West 88th Avenue Holding LLC, Alex Killick, SVP for CW Capital Asset Management, by: Wells…
John Winslow
November 6, 2017
Comprehensive renovation in store for Inn at Cherry Creek
The new owner of a boutique hotel in Cherry Creek is checking into a renovation aimed at enhancing the area’s cultural and retail fabric. The Inn at Cherry Creek was acquired through a ground lease by 233 Clayton Partners, a collaboration of BCM Investments, Aparium Hotel Group and CHMWarnick. The 37-room hotel at 233 Clayton…
Kris Oppermann Stern
November 5, 2017
Investor pays $4.3 million for Niwot building as tenant vacates
A Monarch Park office building that a tenant outgrew sold to a local investor who is offering it for lease. Monarch Offices LLC recently paid $4.3 million, or $109.37 per square foot, for the 39,317-sf building at 6309 Monarch Park Place in Niwot. MUM II LLC sold the building, which Wilen Direct is vacating, in…
Kris Oppermann Stern
November 5, 2017
Chaparral Business Park trades for $13 million
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Kris Oppermann Stern
November 5, 2017Aerospace company lands in 17,005 square feet
A local aerospace company will expand from its current location in Longmont into a nearby building in The Campus at Longmont. Redstone Aerospace Corp. signed a long-term lease for 17,005 square feet at 2410 Trade Centre Ave. Redstone Aerospace provides cryogenic systems and high-precision pointing subsystems to both NASA and Department of Defense contractors, according…
Kris Oppermann Stern
November 4, 2017
Arvada apartment building purchased by Boulder investors for $10.8 million
Jefferson County Property Location: 12155 W. 58th Place, Arvada Property Description: 58-unit, three-story apartment building with 60,208 sf, YOC 1982, brick construction with mansard roof Land Size: 2.36 acres Sales Price: $10.83M, or $186,638 per door, or $179.79 psf Reception No.: 2017102020 Closing Date: 10/3 Grantor: 29SC Village West LP, Stanley Beraznik, mgr., 312-379-8934 Grantee:…
John Winslow
November 3, 2017
Site acquired by local developer for senior assisted-living/memory care units
Jefferson County Property Location: Northeast Corner W. Ida Ave. & S. Alkire St., Littleton Property Description: Vacant land, plan to build 64-bed senior assisted-living/memory care facility Land Size: 3.37 acres Sales Price: $778,500, or $5.30 psf, or $12,164 per buildable unit Reception No.: 2017101795 Closing Date: 9/28 Grantor: Centennial Community Church, Brad Heykoop, operations pastor,…
John Winslow
November 2, 2017
Englewood-Oxford Station Apartments sell for $60 million
Arapahoe County Property Location: 4141 S. Navajo St., Englewood, “Oxford Station Apartments” Property Description: 238-unit, five-story apartment building with 206,017 sf rentable, YOC 2016, brick/frame construction Land Size: 3.428 acres Sales Price: $60M, or $252,101 per unit, or $291.24 psf Reception No.: D7122194 Closing Date: 10/26 Grantor: Oxford Station Investors LLC, Jonathan Bush, mgr. Grantee:…
John Winslow
November 1, 2017
Century Communities pays $7.5 million for Thornton lots
Adams County Property Location: SWC E. 120th Avenue & Quebec Property Description: Vacant land including 276 residential platted lots, 12.91 acres on the SWC of E. 120th Ave. & S. Quebec & 30.26 acres of open space Land Size: 98.59 acres Sales Price: $7.5M, or $1.75 psf, or allocation of $15,272 per lot Reception No.:…
John Winslow
October 31, 2017
Diversity essential to industry’s future, insiders say
A lot has changed in Denver commercial real estate over the past two decades, but something that hasn’t is the relatively small number of brokers who are blacks, Latinos or other racial minorities. Eric Nesbitt “We’re very underrepresented,” said Eric Nesbitt of The Nesbitt Commercial Group: Keller Williams Realty DTC, a broker and real estate…
Kris Oppermann Stern
October 29, 2017
