Downtown Frederick office/retail building trades at $2.36M
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Kris Oppermann Stern
December 26, 2018Harbor adds to collection of historic buildings
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Kris Oppermann Stern
December 26, 2018California investor buys industrial assets for a combined $17.51M
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Kris Oppermann Stern
December 26, 2018West Colfax redevelopment site corralled at $80 per square foot
Denver County Property Location: 4190 W. Colfax Ave., Denver Property Description: formerly Andy’s Used Car Sales, with 1.239-sf sales office, YOC 1952 Land Size: 18,750 sf Sales Price: $1.5M, or $80 psf Reception No.: 2018152872 Closing Date: 11/28 Grantor: A-B & T LLC (Thomas & Brigitte Christianson, mbrs.) Grantee: 4190 West Colfax LLC (Matt D. Sanchez, 303-444-7368) Financing: $1.19M…
John Winslow
December 26, 2018Samaritan’s Purse lands Douglas County industrial building
Douglas County Property Location: 8648 S. Peoria St., Englewood Property Description: 63,550-sf industrial building (9,530 sf office area), 20 dock-high doors, two drive-in doors, 24-foot-clear ceiling, ESFR fire sprinklered, YOC 2018 Land Size: 4.765 acres Sales Price: *$10.17M Reception No.: 2018070295 Closing Date: 11/15 Grantor: IBC Holdings (Brian C. Mott, mgr.), 303-674-1300 Grantee: Samaritan’s Purse (Phyllis T. Payne…
John Winslow
December 24, 2018Hines buys U.S. Bank Tower on behalf of South Korean group
Hines acquired the U.S. Bank Tower in downtown Denver on behalf of a South Korean investor. The recorded price was $194.23 million. Ivanhoé Cambridge,, which owned the 26-story office tower in partnership with the State of Wisconsin Investment Board, sold the property to an affiliate of Samsung SRA Asset Management, records show. Located at 950 17thSt.,…
Kris Oppermann Stern
December 23, 2018Hudson gets Motherlode as new employer buys key building
A food company found a recipe for continued growth with the $3.5 million acquisition of a building in Hudson. Motherlode Provisions, which makes hot sauces, barbecue sauces and bloody Mary mix, bought a 45,619-square-foot building at 560 Dahlia St., at the entrance to the town of Hudson. The company outgrew the 5,000 sf it leases…
Kris Oppermann Stern
December 23, 2018Boulder Holiday Inn Express to be ‘nicest’ in country
During an initial hearing on plans for a Holiday Inn Express & Suites off the Diagonal Highway, Boulder’s Planning Board advised the developer to “make it look good.”The result could be one of the nicest hotels of its kind. The 138-room hotel recently received site and use review approval following more than 2 1/2 years…
Kris Oppermann Stern
December 22, 2018Blackstone sells Hilton Garden South for $17.9M
Douglas County Property Location: 9290 Meridian Blvd., Englewood, “Hilton Garden Inn South Property Description: 157-room, six-story, 85,785-sf hotel, YOC 1999 Land Size: 3.47 acres Sales Price: $17.9M, or $114,013 per key, or $208.66 psf Reception No.: 2018070295 Closing Date: 12/3 Grantor: BRE SH Denver South Owner LLC, c/o Blackstone, Byron Blount, VP Grantee: MCR Hospitality REIT LLC, Dallas,…
John Winslow
December 21, 2018Housing authority office building at 777 Grant St. sells for $9 million
Denver County Property Location: 777 Grant St., Denver Property Description: 66,866-sf, six-story office building, YOC 1972 Land Size: 40,623 sf Sales Price: $9M, or $221.55 psf (land value), or $134.60 psf (with imp.) Reception No.: 2018152550 Closing Date: 11/28 Grantor: The Housing Authority of the City of Denver (Ismael Guerrero, exec. dir.) Grantee: LCP 777 LLC, Jonathan Bush,…
John Winslow
December 20, 2018