Buyer to unlock potential in historic 17th St. bank building
A historic office building at the corner of 17th and Champa streets in downtown Denver sold to a joint venture for $17.64 million cash. The former Colorado Business Bank Building at 821 17th St. is the first Colorado acquisition for Long Beach, California-based Harbor Associates, a value-add investor that bought the property in a joint…
Kris Oppermann Stern
October 29, 2017Bentall Kennedy buys Arrow building for $87 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
October 29, 2017Zakhem family acquires Brind Mansion in Capitol Hill
Denver County Property Location: 825 Logan St., Denver, “Brind Mansion” Property Description: 6,860-sf, three-story office building, plus 2,442 sf in basement area, YOC 1895, granite & stone construction, with five parking spaces Land Size: 6,190 sf Sales Price: $1.64M, or $239.21* psf Reception No.: 2017133837 Closing Date: 9/29 Grantor: 1625 Downing Partnership LLP, Clifton Latiolais…
John Winslow
October 27, 2017Koelbel Urban Homes takes down lots at Lowry for $1.05 million
Denver County Property Location: Southwest corner Lowry Blvd. & Oneida St., Denver Property Description: 10 vacant platted lots* Land Size: 10 lots totaling 16,233 sf Sales Price: $1.05M, or $64.68 psf, or $105,000 per lot Reception No.: 2017133818 Closing Date: 10/11 Grantor: Lowry Economic Redevelopment Authority Grantee: KUH Boulevard One LLC (Koelbel Urban Homes) Comments:…
John Winslow
October 26, 2017Sidford Capital acquires Cherry Creek 0ffice building for $4.4 million
Denver County Property Location: 100 Garfield St., Denver Property Description: 17,930-sf, four-story office building, YOC 1982, masonry & concrete panel/glass construction Land Size: 12,500 sf Sales Price: $4.4M, or $261.41 psf Reception No.: 2017133249 Closing Date: 10/10 Grantor: Midland States Bank Grantee: 100 Garfield Street LLC, Bradley Brooks, mgr., & Andrew P. Wolf, c/o Sidford…
John Winslow
October 25, 2017Brighton Chase bank building sells to tenant for $933.49 psf
Adams County Property Location: 411 Bromley Lane, Brighton, “Chase Bank” Property Description: 4,285-sf freestanding bank building, YOC 2012, masonry Land Size: 31,462 sf Sales Price: $4M, or $933.49 psf Reception No.: 87888 (2017) Closing Date: 10/5 Grantor: 4th & Bromley LLC, Brad A. McNealy, mgr., 303-571-4650 Grantee: JPMorgan Chase Bank, Heather Beattie, contact, 303-244-3038 Comments:…
John Winslow
October 24, 2017Market Station promises ‘great energy’
The once-bustling Market Street Station will come rolling back to life with Continuum Partners beginning a $200 million redevelopment of the site at 16th and Market streets. The new Market Station, to be completed in summer 2019, will turn the former Regional Transportation District bus terminal on the 16th Street Mall into a mixed-use hub…
Kris Oppermann Stern
October 23, 2017Apartment sale sets off chain of Northern Colorado transactions
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Kris Oppermann Stern
October 23, 2017Albrook Partners acquires industrial building through 1031 exchange
Arapahoe County Property Location: 12876 E. Adams Aircraft Circle, Englewood Property Description: 50,000-sf, two-story industrial/office building, YOC 2000, (including 23,600 sf office space, 64’x24’ hangar door, four drive-in doors, 24’ clear, concrete tilt-up) Land Size: 3.09 acres Sales Price: $3.2M, or $64 psf Reception No.: 2017102479 D7114421 Closing Date: 10/4 Grantor: Wells Fargo Bank Trustee,…
John Winslow
October 23, 2017ColRich closes on fifth apartment within a 1-mile radius in southeast Denver
Adams County Property Location: 9757 E. Colorado Ave., Denver, “Park at Canyon Ridge” Property Description: 272-unit, three-story apartment complex, 213,396 sf net rentable area, YOC 1986 Land Size: 12.93 acres Density: 21 units per acre Sales Price: $44.9M, or $165,074 per door, or $210.41 psf Reception No.: D7116001 Closing Date: 10 Grantor: CG Park LLC,…
John Winslow
October 20, 2017