Zocalo looks to turn 171,931-sf office building into multifamily
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Kris Oppermann Stern
November 30, 2018
Dallas REIT snags Westminster’s VASA Fitness center for $10.19 million
Jefferson County Property Location: 8543 Church Ranch Blvd., Westminster, “VASA Fitness” Property Description: 57,816-sf fitness center (former Safeway s tore), YOC 2001, masonry construction Land Size: 7.01 acres Sales Price: $10.19M, or $176.23 psf Reception No.: 12018103927 Closing Date: 11/15 Grantor: HD Church Ranch LLC, et al. (Kevin B. Hawkins, mgr.) Grantee: Spirit Realty LP, Daniel Rosenberg,…
John Winslow
November 30, 2018
DPC, partner land 20-building office park for $143.65M
Jefferson County Address: 13949 W. Colfax Ave., 1597 Cole Blvd., 1607 Cole Blvd., 1617 Cole Blvd., 1627 Cole Blvd., 1637 Cole Blvd., 1667 Cole Blvd., 1536 Cole Blvd., 1536 & 1546 Cole Blvd., 13922 Denver West Parkway, 14142 Denver West Parkway, 14062 Denver West Parkway, 13952 Denver West Parkway, 1746 Cole Blvd., 13772 Denver West…
John Winslow
November 29, 2018
Kärcher to build headquarters at Porteos
Denver-based Kärcher North America, a U.S. subsidiary of German parent company Kärcher, the family owned world’s leading provider of efficient, resource-conserving cleaning systems, announced today that it is moving its North American headquarters and manufacturing hub to Aurora. Kärcher partnered with the Aurora Economic Development Council to find and secure a 23-acre site for the…
CREJ
November 28, 2018
NKF Multifamily sells northeast Denver apartments for $94.5 million
Denver County Property Location: 4300 Swanson Drive, Castle Rock, “Echelon at the Meadows” Property Description: 240-unit, three-story apartment community with 261,924 rentable sf, YOC 2018. Unit breakdown: 24 one-bedroom units @ 757 sf; 24 one-bedroom units @ 809 sf; 24 one-bedroom units @ 859 sf; 24 one-bedroom units @ 954 sf; 48 two-bedroom, two-bath units…
John Winslow
November 28, 2018
Colorado investors snag Centennial office building for up-leg of 1031 exchange
Arapahoe County Property Location: 13356 E. Briarwood Ave., Centennial Property Description: 27,638-sf office building, YOC 2017 Land Size: 3.74 acres Sales Price: $7.72M, or $279.31 psf Reception No.: B8104717 Closing Date: 10/31 Grantor: BBF Enterprises LLC (Josh Beggs, mgr.) Grantee: Alexander M. Talle, Karen N. Talle & Adam N. Talle Comments: Peter Sengelmann & Jeff Johnson of Pinnacle…
John Winslow
November 27, 2018
DPC, Bridge Investment pay $143.65 million for Denver West Business Park
Denver-based DPC Cos. and partner Bridge Investment Group are investing millions of dollars to take the 1.3 million-square-foot Denver West Business Park to the next level. DPC and Bridge Investment, a privately held real estate investment management firm with more than $12 billion in assets under management, purchased the Lakewood office campus from HighBrook Investment Management.…
Kris Oppermann Stern
November 26, 2018
Prime Commerce City industrial site sells for $1.1 million
Adams County Property Location: Northeast corner I-270 & Havana St., Commerce City Property Description: Vacant land zoned industrial Land Size: 3.53 acres Sales Price: $1.1M, or $7.15 psf Reception No.: 89664 2018 Closing Date: 11/2 Grantor: Royal Crest Enterprises LLC (William Kinney, Aaron Kinney & Anthony Spadafora, mbrs.) Grantee: SASS Land LLC (Matt S. Sass, mgr.), Douglas…
John Winslow
November 26, 2018
Lab on Platte sells to institutional buyer for $579 per square foot
The Lab on Platte, a 78,575-square-foot office building anchored by WeWork, sold to an institutional investor for $45.5 million, or $579 per sf, Denver County records show. Soma Capital Partners and CenterSquare Investment Management sold the building in a deal handled by Newmark Knight Frank Vice Chairman John Jugl Jr. and Associate Paul Donahue. The…
Kris Oppermann Stern
November 24, 2018
High-demand Denver industrial buildings command large dollars
Denver County Property Location: 5145 N Clarkson St. Property Description: 2,240-sf office/warehouse (630-sf office area), YOC 2006, metal construction, two-drive-in doors (10’ x 10’) with 12’ clear height Land Size: 9,355 sf Sales Price: $550,000, or $245.54 psf Reception No.: 2018146175 Closing Date: 11/13 Grantor: Blackwater LLC (Christopher J. Chapin, mbr.) Grantee: Drew Bisping 303-789-4759 Financing: Cash…
John Winslow
November 21, 2018
