Canadian investor snags Parkhouse Apartments for $121.6 million
Adams County Property Location: 14120-14310 Grant St., Thornton, “Parkhouse Apartments” Property Description: 465-unit apartment complex with 20 buildings totaling 421,960 sf; 939 parking spaces provided with 706 open spaces, including 12 attached garages totaling 49,592 sf and 233 spaces, and 19 ADA parking spaces and 93 guest parking spaces, YOC 20176, plus 6,221-sf clubhouse &…
John Winslow
October 19, 2017Colorado submits sites for Amazon HQ2
The Metro Denver Economic Development Corp. submitted Colorado’s proposal for Amazon’s second North American headquarters. Colorado provided a single proposal representing multiple communities, sites and regional assets that showcase the state’s competitiveness to support Amazon HQ2. The proposal was submitted in advance of the Oct. 19 deadline. “What better place for a second home than Colorado…
CREJ
October 18, 2017Littleton day care center changes hands for $2.75 million
Jefferson County Property Location: 10670 Bradford Road, Littleton, “Jordan Alexander’s Preschool Academy” Property Description: 9,852-sf day care center, YOC 1996, masonry Land Size: 45,738 sf Sales Price: $2.76M, or $279.64 psf Reception No.: 2017103370 Closing Date: 10/6 Grantor: Highland Investments LLLP, Colleen D. Porterfield, GP Grantee: PMY Holdings LLC Financing: $2.57M payable to KeyBank NA,…
John Winslow
October 18, 2017Eastpark 70 gears up to deliver 245,847-sf speculative building
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Kris Oppermann Stern
October 16, 2017Sidford picks up stand-alone office building in Cherry Creek
A Denver company picked up a 17,930-square-foot office building at the edge of the booming Cherry Creek North Shopping District with plans to fully update it and make it available to one or more users. Sidford Capital LLC bought 100 Garfield from Midland States Bank for $4.4 million. Midland will continue to occupy 5,300 sf…
Kris Oppermann Stern
October 16, 2017Park N Fly lands Commerce City site for $3.75 million, or $3.45 psf
Adams County Property Location: North side of E. 81st Ave., approx. 1,000’ west of Tower Road, Commerce City Property Description: vacant land, to be rezoned to PUD Land Size: 24.988 acres Sales Price: $3.76, or $3.45 psf Reception No.: 201700081059 Closing Date: 9/11 Grantor: Sark Colorado LLC, Inderpal S. Chopra, mgr. Grantee: Park N Fly…
John Winslow
October 16, 2017New office product in demand in Denver metro market
There’s a healthy appetite for new office space in the Denver area, with most of the product currently under construction already preleased. Doug Wulf “Tenants today are seeking out new space more than they ever have,” Cushman & Wakefield Executive Vice President Doug Wulf said at a recent Office Summit & Expo in Aurora. In…
Kris Oppermann Stern
October 15, 2017Northglenn shopping center sells to Connecticut investor for $48 million
Adams County Property Location: 10410-10450 Melody Drive, Northglenn, “Northglenn Marketplace” (Northwest corner of Interstate 25 & Melody Drive) Property Description: 439,063-sf shopping center, YOC 1999 & 2005 Land Size: 71.6 acres Sales Price: $48M, or $109.32 per sf Closing Date: 9/15 Grantor: HQ8 – 10410-10450 Melody Lane LLC by: LNR Partners, Steve Ferreira Grantee: MP…
John Winslow
October 13, 2017NFT acquires 54,000 square feet from landlord in Golden for $4.55 million
Jefferson County Property Location: 4653 Table Mountain Drive, Golden Property Description: 53,656-sf R&D/flex space, YOC 1997, 22’ clear height (31,190 sf warehouse, 13,855 sf office & 5,610 sf lab space), three drive-in doors, Land Size: 5.84 acres Sales Price: $4.55M, or $84.80 psf Reception No.: 2017102479 Closing Date: 10/4 Grantor: Albrook Partners LLC, Andy Kienitz,…
John Winslow
October 12, 2017Cabela’s stores snapped up by Phoenix REIT for $57.5 million
Douglas & Adams counties (See both sales) Property Location: 10670 Cabela Drive, Lone Tree Property Description: 103,788-sf single-tenant retail building, YOC 2014, masonry Land Size: 6.099 acres Sales Price: $31.64M, or $304.86 psf Reception No.: 2017066005 Closing Date: 9/27 Grantor: Cabelas Wholesale Inc., James A. Hagale, pres. Grantee: SPT Prairie 10670 CB Drive LLC Comments:…
John Winslow
October 11, 2017