Broadstone Montane Apartments snagged by Canada-based investor
Douglas County Property Location: 18301 Cottonwood Drive, Parker, “Broadstone Montane Apts.,” NEC Parker Road Hwy. 83 & East Cottonwood Drive Property Description: 400-unit apartment complex with 23 buildings, 484,534 sf of gross building area, plus 9,955-sf clubhouse, YOC 2018, masonry/frameconstruction Land Size: 22.16 acres Sales Price: $120M, or $300,000 per door Density: 18.05 d/u per acre Reception…
John Winslow
February 19, 2019Millice goes for round two with $13.6 million Forum sale
Millice Group Ltd. has had a couple of good runs with The Forum at Cherry Creek, recently selling the Glendale office tower to a local company for $13.6 million, or $163.32 per square foot. “We’ve actually owned this building twice,” said Millice Group President Bo Millice, whose company has officed in the building at 425…
Kris Oppermann Stern
February 17, 2019Denver’s Whale sites: Englewood CityCenter Edition
This the eighth in a series on Denver’s “Whale Sites,” defined as extremely prominent and underdeveloped land parcels whose size and location will define Denver’s future growth and development. Examples include the Burnham Yard, Upper Fox, Elitch Gardens, the Broadway Station Area and Denver Design District. Introduction and background Steve Ferris, Founder and principal, Real…
Steve Ferris
February 16, 2019Developer eyes 168 apartment units in northern Loveland
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
February 15, 2019Long-term vision led Etkin Johnson to largest portfolio deal
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
February 15, 2019NAIOP Colorado real estate competition gets underway at Denver infill site
Be realistic. Be creative. Take some risk. Graduate students heard that advice and more Feb. 1 at the kickoff for the 17thannual Rocky Mountain Real Estate Challenge. “We are sitting in a very historic part of Denver,” Denver Mayor Michael B. Hancock told University of Colorado and University of Denver students gathered at the 40-acre…
Kris Oppermann Stern
February 15, 2019Kiddie Academy site sells for $12.75 per square foot
Douglas County Property Location: 10344 Park Meadows Drive, Lone Tree, “Kiddie Academy” Property Description: Vacant land, proposed 11,000-sf child care facility Land Size: 2.25 acres Sales Price: $1.25M, or $12.75 psf Reception No.: 2019002251 Closing Date: 1/11 Grantor: Denver United Land LLC (Robert Hess, mgr.) Grantee: Woodmont Lone Tree Academy LLC (Stephen Coslik, mgr.), 2100 W. 7thSt.,…
John Winslow
February 15, 2019Lone Tree office building sells for $10 million
Douglas County Property Location: 10004 Park Meadows Drive, Lone Tree, “Park Meadows Corporate Center I” Property Description: 60,144-sf, three-story office building, YOC 1999 Land Size: 5.003 acres Sales Price: $10M, or $166.27 Reception No.: 2019003654 Closing Date: 1/22 Grantor: LRS Bay Road Investment Group LLC Grantee: Bailey Co LLLP, 601 Corporate Circle, Golden 80401, Attn: Robert T.…
John Winslow
February 14, 2019Jackson Square Properties acquires Centennial Apartments for $74.5 million
Arapahoe County Property Location: 7338 S. Havana St., Centennial, “Elevate Apartments” Property Description: 285-unit apartment complex with 10 buildings, 235,008 sf net rentable area, YOC 2018, masonry/frameconstruction Land Size: 8.04 acres Sales Price: $74.5M, or $261,404 per door Density: 35.45 d/u per acre Reception No.: D9002772 Closing Date: 1/9 Grantor: 7338 Havana Development Company (JH. Curtis Keller),…
John Winslow
February 13, 2019Texas investor acquires Cherry Creek Place III for $6.6 million
Arapahoe County Property Location: 3151 S. Vaughn Way, Aurora, “Cherry Creek Place III” Property Description: 107,364-sf, six-story office building, YOC 1981, masonry & glass construction Land Size: 3.246 acres Sales Price: $6.6M, or $61.47 psf Reception No: D9009649 Closing Date: 2/1/19 Grantor: AHC Metro Cherry Creek III LLC, Tom Zabor, Signatory Grantee: PBIV-3151 South Vaughn Way LP…
John Winslow
February 12, 2019