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South suburban Denver office complex sells for $85.2 million

Arapahoe County Property Location: 6200 S. Quebec St., Greenwood Village Property Description: Four-story, 330,514-sf suburban office building, YOC 1983, renovated in 2016, concrete panel & masonry construction Land Size: 26.077 acres Sales Price: $85.2M, or $257.78 psf Reception No.: D8098079 Closing Date: 10-2 Grantor: CSHV Denver Tech Center LLC, c/o California Teachers (Scott Chan) Grantee: 6200 S.…

John Winslow

October 25, 2018

Owner-user pays $106 per square foot for northeast Denver warehouse

Denver County Property Location: 10645 E. 47thAve., Denver Property Description: 13,631-sf warehouse, YOC 1968, brick construction Land Size: 25,100 sf Sales Price: $1.45M, or $106.38 psf Reception No.: 2018125767 Closing Date: 10/3 Grantor: MCCain LLC (Douglas McCain, mgr.) Grantee: Mountain Building LLC (Todd Schrader, mbr.), 10645 E. 47thAve., Denver Financing: $736,750 payable to BOKF, NA, dba Colorado…

John Winslow

October 24, 2018

Retail buildings in ‘hot’ Denver Highland market snagged by local investors

Denver County 1) Property Location: 3867 Tennyson St., Denver Property Description: 2,729-sf, two-story retail building, YOC 1899, brick Land Size: 5,633 sf Sales Price: $844,000, or $309.27 psf Reception No.: 2018124774 Closing Date: 10/2 Grantor: Tennyson Street Properties LLC Grantee: Skal Mot LLC (Dirk Nygaard, Joshua Harris & Eugene Mitchell, mgrs.), 3967 Tennyson St., Denver 80212 Financing: $633,000…

John Winslow

October 23, 2018

Rreef REIT sells Central 62 Distribution Center for $21.33M

Adams County Property Location: 495 E. 62nd Ave., Denver, “Central 62 Distribution Center” Property Description: 123,904-sf warehouse, YOC 2016, concrete construction with 28’ clear height Land Size: 7.57 acres Sales Price: $21.33M, or $172.11 psf Reception No.: 79266 2018 Closing Date: 9-28 Grantor: Central 62 LLC (Rreef Fund), James E. Toney, VP, & Marc Feliciano) Grantee: Central 62 Acquisition…

John Winslow

October 22, 2018
224-226 Commerce

Bay Area buyer pays $12.2 million for Broomfield assets

A San Francisco buyer paid $100.72 per square foot for a 121,133-sf industrial property just off U.S. Highway 36 in Broomfield. Stockbridge Real Estate purchased 224 and 226 Commerce St. from Boulder-based Flagstaff Holdings-224 LLC. The price recorded with Broomfield County was $12.2 million. The two buildings, 74,853 and 46,280 sf, were fully leased at…

Kris Oppermann Stern

October 21, 2018

Littleton dealership sells for record-high amount of $51.5 million

Arapahoe County Property Location: 5450-5460-5470 S. Broadway & 5300 S. Broadway, Englewood, “Groove Toyota” Property Description: 22,080-sf auto dealership, YOC 1971; 80,576-sf dealership space, YOC 1980/1987/2014, masonry construction; & 111,602-sf storage space, YOC 1971 (total of 214,258 sf) Land Size: 18.41 acres Sales Price: $51.4M, or $239.90 psf Reception No.: D8100563 & D8100567 Closing Date: 10-10 Grantor:…

John Winslow

October 19, 2018

Granite Properties study shows parking goes unused

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

October 18, 2018

Distribution center containing 1.3 million square feet in Brighton sell for $40.75 million

Adams County Property Location: 18824 E. Bromley Road, Brighton Property Description: 1.3 million-sf warehouse, YOC 1994, concrete construction Land Size: 103.3 acres Sales Price: $40.75M, or $31.21 psf Reception No.: 80179 2018 Closing Date: 10-2 Grantor: Brighton Lease Management LLC by: Net Lease Management Partners LLC (John H. Newcomer Jr., as liquidating trustee) Grantee: Starboard Platform Brighton…

John Winslow

October 18, 2018

Denver Rock Island Railroad snags industrial building in North Denver

Adams County Property Location: 5440 Franklin St., Denver Property Description: 21,120-sf warehouse, YOC 1982 Land Size: 3.2 acres Sales Price: $3.8M, or $179.92 psf Reception No.: 78117 2018 Closing Date: 9/24 Grantor: McConnell Manufacturing Properties LLC, 5793 Interstate 25, Walsenburg 81089, attn: Patrick G. McConnell, mbr. Grantee: The Denver Rock Island Railroad, 303-296-0900, Commerce City Financing: $3.84M…

John Winslow

October 17, 2018

Apartments at the East Colfax & Ironton Street sell for $5.49 million

Adams County Property Location: 10675 E. Colfax Ave., Aurora Property Description: 54-unit single story apartment complex with six buildings totaling 25,261 sf, plus 616-sf office; YOC 1945 & YOC 1981, brick construction Land Size: 3.73 acres Sales Price: $5.49M, or $101,667 per door, or $212.25 psf Reception No.: 78041 Closing Date: 9/25 Grantor: Aurora Homes LLC (Lee…

John Winslow

October 16, 2018