E-Trade building in Centennial sold to Hawaiian investor for $16.9 million
Arapahoe County Property Location: 7103 S. Revere Parkway, Centennial Property Description: 58,405-sf office building, YOC 1984, masonry construction Land Size: 4.811 acres Sales Price: $16.89M, or $289.25 psf Reception No.: D9000889 Closing Date: 1/2 Grantor: Xchange Solutions Inc. for TCA Stephen Finn, Trust Company of America Inc. Grantee: WPC Centennial LLC (Honolulu, Hawaii 96815) Financing: Cash Comments: Property was listed by Brad…
John Winslow
January 15, 2019
Social Security building in Littleton sold to California investor
Arapahoe County Property Location: 8000 Southpark Lane, Littleton Property Description: 12,064-sf office (single-tenant) YOC 2001, brick construction Land Size: 1.25 acres Sales Price: $2.81M, or $233.14 psf Reception No.: D9000995 Closing Date: 1/2 Grantor: Southpark 8000 LLC (Gary Mandelbaum, mgr.) Grantee: I&J Partnership, c/o ICO Investment Group Inc., Alexander Moradi, mbr., 9301 Wilshire Blvd., Suite 315, Beverly Hills, CA 90210,…
John Winslow
January 14, 2019
Self-storage REIT pays $8.85 million for Arvada Life Storage facility
One of the world’s largest real estate investment trusts paid $8.85 million for a newly completed self-storage facility in Arvada. Developer Blue Wing Capital Management sold the 637-unit Life Storage property at 14872 E. 69thAve. to Public Storage, the largest self-storage REIT. Adam Schlosser, first vice president investments, and Charles “Chico” LeClaire, executive managing director…
Kris Oppermann Stern
January 12, 2019
Boulder startup subleases 17,428 square feet of flex space
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Kris Oppermann Stern
January 12, 2019
Freeman Capital buys development site in Colorado Tech Center
A local partnership has acquired one of the last development sites in the Colorado Tech Center in Louisville for construction of an 83,000-square-foot flex building. Freeman Capital Management, led by Andrew Freeman, purchased the 6.8-acre site at 1875 and 1923 Taylor Ave. from Barry Manley for $1.25 million. Freeman is working with RVP Architecture to…
Kris Oppermann Stern
January 11, 2019
Longtime Denver plumber acquires building near West 29th & Sheridan for $1.7 million
Denver County Property Location: 5005 W. 29thAve., Denver Property Description: 3,651-sf, three-bay auto service garage, YOC 1973, masonry Land Size: 13,034 sf Sales Price: $1.7M, or $465.63 psf (improvements), or $130.43 psf (as if vacant) Reception No.: 2019001319 Closing Date: 1/4 Grantor: Vigil Holdings LLC (Joe Vigil, mgr.), 303-477-0210 Grantee: 5005 W. 29thAve LLC (John Ward, mgr.), 303-232-6611 Financing: Cash Comments:…
John Winslow
January 11, 2019
Denver roofing company lands $3 million SBA loan from North Carolina bank
Denver County Property Location: 4750-4780 York St., Denver Property Description: 14,725-sf industrial building, YOC 1975 Land Size: 32,963 sf Sales Price: $1.6M, or $108.66 psf Reception No.: 2019001392 Closing Date: 1/2 Grantor: Tichy Leasing LLC (Robin J. Tichy, mbr.) Grantee: Advent Real Estate Holdings LLC, c/o Alpine Roofing, (Samuel DePizzol & Randall W. Hammond, mgrs.), 303-295-7769 Financing: $3M SBA loan, payable to…
John Winslow
January 10, 2019
Denver developer relocates his Porta Power Co. to $6 million industrial facility
Denver County Property Location: 10777 E. 45thAve., Denver Property Description: 56,796-sfindustrial building, YOC 1968, brick Land Size: 4.218 acres Sales Price: $6M, or $105.64 psf Reception No.: 2019001403 Closing Date: 1/4 Grantor: Scott Development Group LLC (Monida F. Scott, mgr.) Grantee: 3939 Williams Building Corp. (Byron Weiss, mgr.), 1717 E. 39thAve., Denver, Financing: Cash Comments: Buyer’s company, Porta Power, will relocate to this…
John Winslow
January 9, 2019
Colorado firm acquires southwest Denver industrial building for $1.35 million
Denver County Property Location: 2301 S. Platte River Drive, Denver Property Description: 10,005-sf industrial building, YOC 1963, brick Land Size: 12,500 sf Sales Price: $1.35M, or $134.93 psf Reception No.: 2019001531 Closing Date: 1/4 Grantor: Warren & Bette Struble Grantee: Blanch Investments LLC (Russell Blanch, mgr.), 303-935-8889 Financing: $840,000 payable to Bank of Colorado, due in 10 years Comments: Listed by Jeff…
John Winslow
January 8, 2019
South Carolina firm assembles RiNo properties for $10.1 million
Denver County 1. Property Location: 2620 Walnut St., Denver, "10 Barrel Brewing Restaurant" Property Description: 9,375-sf restaurant, YOC 1929, brick construction Land Size: 9,397 sf Sales Price: $5M, or $533.33 psf Reception No.: 2019000372 Closing Date: 12-20-18 Grantor: North of the Border LLC (Kenneth Wolf, 75%, & Ari Stutz, 25%) Grantee: Rino Edens LLC (Jodie W. McLean,…
John Winslow
January 7, 2019
