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Inova Flex

Inova Flex fetches record price for southeast Denver

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

November 2, 2018
union tower trellis

Invesco Real Estate buys Union Tower West

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

November 2, 2018

West Colfax property acquired for $80.53 per square foot

Denver County Property Location: 4200 W. Colfax Ave., SWC Raleigh Street & West Colfax Avenue, Denver Property Description: 1,174-sf sales office on used car lot, YOC 1948 Land Size: 9,375 sf Sales Price: $755,000, or $80.53 psf (land value) Reception No.: 2018131224 Closing Date: 10-9 Grantor: Rock Holdings LLC (Karen Fox Wolfe, mgr.) Grantee: 4200 W Colfax…

John Winslow

November 2, 2018

Phil’s Place restaurant building changes hands

Denver County Property Location: 3463 Larimer St., Denver “Phil’s Place restaurant” Property Description: 1,850-sf restaurant, YOC 1925 Land Size: 3,125 sf Sales Price: $1.4M, or $756.76 psf Reception No.: 2018131248 Closing Date: 10-9 Grantor: Gary Garcia & June Garcia Grantee: 3463 Larimer LLC (Rob Naiman, mgr.), 303-534-5929 Comments: This property was listed by Zall & Co. This was…

John Winslow

November 1, 2018

Denver office absorption ranks third among top 50 office markets

The Denver metro area has climbed to third in the country for net absorption of office space, behind only the gateway cities of San Francisco and Midtown Manhattan, New York. “This city is gobbling up office space with the likes of New York and San Francisco, and you offer higher returns,” Kevin Thorpe, Cushman &…

Kris Oppermann Stern

November 1, 2018

Englewood warehouse sells for $1.95 million

Arapahoe County Property Location: 2190 W. Bates Ave, Units 1 & 2, Englewood Property Description: 19,248-sf (two-level) warehouse, YOC 1975, masonry (renovated in 1995) Land Size: 21,043 sf Sales Price: $1.95M, or $101.31 psf Reception No.: D8098646 Closing Date: 10-2 Grantor: Delkevic US LLC (Janielle Myers, signatory) Grantee: Mad Dragon Properties LLC (Matthew Ellis, mgr.), 720-306-9164 Financing: $1.46M…

John Winslow

October 31, 2018

Denver investor acquires apartments in Uptown

Denver County Property Location: 1750 Pearl St., Denver Property Description: 13-unit, three-story apartment building, 6,813 sf, YOC 1925, brick construction, with five storage garage units Land Size: 5,633 sf Sales Price: $2.18M, or $167,308 per door, or $319.24 psf Reception No.: 2018124501 Closing Date: 10/1 Grantor: Magdalena Alonso Grantee: 1750 Pearl St LLC (Nora Baldwin, mbr.) Financing: $1.52M payable…

John Winslow

October 30, 2018

Investors cash in on Aurora buildings within 1 square mile

Arapahoe County 1) Property Location: 15290 E. Sixth Ave., Aurora, “Chambers Office Centre” Property Description: 19,340-sf, two-story office building, YOC 1981, fluted block construction Land Size: 1.87 acres Sales Price: $1.43M, or $73.68 psf Reception No.: D8097772 Closing Date:10/1 Grantor: Chambers Center LLC (Daniel L. Rosenfield, VP) Grantee: Chambers Office Centre LLC (Kenneth M. Good Jr.,…

John Winslow

October 29, 2018
Harmony Commons

Larimer Square owner buys Harmony Commons retail shops

A Brinkman affiliate sold the company’s newly developed Harmony Commons retail center to a Denver investor for $13.15 million, or $511 per square foot. Jeff Hermanson, owner of Denver’s Larimer Square and an investor in numerous other Colorado properties, purchased Harmony Commons, a spokeswoman said. Urban Villages will manage the property. Harmony Commons, completed in…

Kris Oppermann Stern

October 28, 2018

Englewood industrial building sells to Denver oilman for $975,000

Arapahoe County Property Location: 3990 S. Kalamath St., Englewood Property Description: 5,920-sf warehouse, YOC 1969, twin-tee construction Land Size: 8,276 sf Sales Price: $975,000, or $164.70 psf Reception No.: D8100950 Closing Date: 10/9 Grantor: 3990 S. Kalamath LLC (Robert G. Millen, mgr.) Grantee: Bison Garage LLLP (James “Austin” Akers, mgr.), 518 17th St., Suite 1800, Denver 80202,…

John Winslow

October 26, 2018