Evergreen Devco acquires retail site in Thornton for $1.76 million
Adams County Property Location: NEC E. 144thAve. & Washington St., Thornton Property Description: Vacant, proposed retail center Land Size: 5.857 acres Sales Price: $1.77M, or $6.92 psf Reception No.: 20180004188 Closing Date:12-28-18 Grantor: Big Dry Creek Investors LLC, c/o Stargate School, Calley Herzog, pres.) Grantee: Evergreen-144thWashington NEC LLC Comments: Tract D1, Stargate Charter School Subdivision Amendment No.…
John Winslow
January 23, 2019
Louisville investor acquires neighborhood center in Westminster for $1.1 million
Adams County Property Location: 3200 W. 72ndAve., Westminster, “RMS Center” Property Description: 8,400-sf retail building, YOC 1963, brick Land Size: 12,630 sf Sales Price: $1.1M, or $130.95 psf Reception No.: 20180004188 Closing Date: 12-28-18 Grantor: M. Alice Lehman Grantee: 72nd Corner LLC (Michael Eisenstein, mgr.), Louisville 80027 Comments: This property was listed for sale by Brad Brooks of…
John Winslow
January 22, 2019
Nuveen snags Denver CBD office tower for $110.9 million
Denver County Property Location: 1600 Broadway, Denver Property Description: 444,595-sf, 26-story office building, YOC 1971, LEED Gold certified, Energy Star building with 350 parking spaces in a three-level underground parking garage Land Size: 40,075 sf Sales Price: $110.9M, or $249.44 psf Reception No.: 2019003682 Closing Date: 1-10-19 Grantor: LBA Realty Realty Fund II WBP IV LLC (Steven R.…
John Winslow
January 21, 2019
North College retail strip center trades for $2.49 million
The lack of a grocery anchor didn’t dampen investor interest in a 16,923-square-foot retail strip center in Fort Collins. Country Club Corners, a 100 percent-leased center at 1612 N. College Ave., saw “at least 25 to 30 inquiries” due to the smaller size of the deal and the lack of competing product available in Northern…
Kris Oppermann Stern
January 21, 2019
Tritower buys Avista Pharma buildings for $18 million
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Kris Oppermann Stern
January 20, 2019
High-profile Forum office building trades for $14.25 million
A high-profile office building with value-add potential sold to a Colorado investor for $14.25 million, or $81.60 per square foot. HCF Forum LLC bought the Forum, a 174,622-sf building at 14001 E. Iliff Ave. in Aurora, from Forum Three LLC. The seven-story building, visible along Interstate 225, was 76 percent occupied. Marc Lippitt “It’s a…
Kris Oppermann Stern
January 20, 2019
Benedetti buys Park Technology Center for $19.3 million
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Kris Oppermann Stern
January 18, 2019
Residential lots taken down by Florida homebuilder for $90,738 per lot
Arapahoe County Property Location: NEC & SEC E. Bayaud Ave. & S. Quantock St., Aurora, & SE/S S. Scottsburg Court, 50’ southwest of S. Robertsdale St. Property Description: 12 vacant, platted lots Land Size: 73,864 sf Sales Price: $1.09M, or $90,738 per lot, or $14.74 psf Reception No.: D9001437 Closing Date: 12/31 Grantor: Melcor/TC Aurora LLC Grantee: DFH Mandarin LLC…
John Winslow
January 18, 2019
50-year-old Englewood bar sold to Littleton investor for $480,000
Arapahoe County Property Location: 3142 W. Hampden Ave., formerly “Too Drinks Lounge” Property Description: 1,916-sf bar/restaurant, YOC 1965, masonry construction Land Size: 16,105 sf Sales Price: $480,000, or $250.52 psf Reception No.: D9000162 Closing Date: 12/31 Grantor: Elias B. Andrade Grantee: Big Time Properties LLC (Anthony Acosta, mgr.) Financing: Cash Comments: Listed by John Hernandez Realty, Desiree Flores, 720-338-8107 Comp…
John Winslow
January 17, 2019
Englewood retail condominium investment on South Broadway sold for $2.25 million
Arapahoe County Property Location: 3401 S. Broadway, Englewood, “Broadway Lofts” Property Description: 6,073-sf retail condo building, YOC 2017, masonry construction Land Size: 7,576 sf Sales Price: $2.25M, or $370.49 psf Reception No.: D9000352 Closing Date: 1/2 Grantor: Drake Englewood Partners LLC (Jonathan Power, mgr.) Grantee: Gardner Development LLC (Sheldon & Amber Gardner, mgr.), Montrose Financing: $1.55M @ 5.5% payable to FirstBank,…
John Winslow
January 16, 2019
