Parc Santa Fe

Developers team up on Littleton industrial park

The first large-scale industrial development in the southwest industrial submarket in more than two decades will get off the ground this summer. Jackson-Shaw and LaPour Partners Inc. are teaming up to develop the approximately $40 million Parc Santa Fe at 9050 U.S. Highway 85 in Littleton. The 344,700-square-foot, three-building speculative development will be Las Vegas-based…

Jill Jamieson-Nichols

June 1, 2018

Pair of retail properties on Tennyson Street yield $3.33 million

Denver County Sale No. 1 Denver Property Location: 4342 Tennyson St., Denver Property Description: 4,750-sf retail building, YOC 1961, brick Land Size: 6,345 sf Sales Price: $1.73M, or $363.16 psf Reception No.: 2018056546 Closing Date: 5/10 Grantor: 44thPartners LLC Grantee: 540 Realty LLC, 165 Coleridge St., Brooklyn, NY 11235 Comments: Property was listed by Daniel Jimenez of Re/Max…

John Winslow

June 1, 2018

CIM Group acquires LoDo office towers for $189 million

Denver County Property Location: 1401 17thSt. & 1331 17thSt., Denver Property Description: 191,151-sf, 16-story office building, YOC 1983, & 218,906-sf, 13-story office building, YOC 1983 (renovated in 2007), total of 410,057 sf Land Size: 50,060 sf & 50,060 sf (total of 2.298 acres) Sales Price: $86M, or $449.91 psf, & $103M, or $470.52 psf (total of $189M,…

John Winslow

May 31, 2018

Yeti Cycles, Neenan propose outdoor lifestyle campus

Golden-based mountain bike company Yeti Cycles and Fort Collins-based developer and design-build firm The Neenan Co. announced proposed development plans to bring an outdoor lifestyle campus to Golden. The land is under contract and is located on the west side of Highway 93, five minutes north of downtown Golden, in unincorporated Jefferson County. “This proposed…

CREJ

May 30, 2018

City Park apartments snagged by Chicago investor for $9.52 million

Denver County Property Location: 1222 E. 16thAve. (1575 Lafayette St.), Denver Property Description: 41-unit, three-story apartment, 24,563 sf, YOC 1909 Land Size: 12,500 sf Sales Price: $9.53M, or $232,317 per door, or $387.78 psf Reception No.: 2018057501 Closing Date: 5/15 Grantor: 1575 Lafayette Denver LLC, c/o Heartwood Properties, Eric Mallon, mgr. Grantee: Lafayette Denver LLC, Corvue Holdings, Tom…

John Winslow

May 29, 2018

Denver investor snags 4,100-sf retail building for $720,000

Denver County Property Location: 1545 S. Broadway Property Description: 4,100-sf retail building, YOC 1924, masonry Land Size: 6,248 sf Sales Price: $720,000, or $175.61 psf Reception No.: 2018056574 Closing Date: 5/10 Grantor: Speedy Dog LLC, Marc Lavoie & Dea Lavoie Grantee: Cole Properties LLC, Bryan Bozeman, mgr., 720-722-4040 Financing: $677,620 payable to Collegiate Peaks Bank Division of Glacier Bank…

John Winslow

May 28, 2018
5500 Greenwood Plaza Blvd.

Focus to expand co-working group into suburbs with $10 million buy

Focus Property Group paid $10 million for a Greenwood Village office building, giving affiliate Enterprise Coworking a reach into the southeast suburban submarket. Focus purchased the 70,000-square-foot office building at 5500 Greenwood Plaza Blvd. from McKinley Freeway Center II LLC. The deal was driven by the opportunity to expand Enterprise Coworking, but the tenant mix,…

Jill Jamieson-Nichols

May 27, 2018

Changes in store for hotels under new ownerships

Denver’s Best Inn & Suites sold for $11 million in one of a handful of recent hotel sales in the metro area. Denver Hotels LLC purchased the 190-room hotel from Jeff Young Hospitality Inc., according to Denver records. Located at 4590 Quebec St., the five-story limited-service hotel has Interstate 70 visibility with amenities that include…

Jill Jamieson-Nichols

May 26, 2018

Inverness retail condo sells to California investor for $12.19 million

Arapahoe County Property Location: 10111 Inverness Drive West, Englewood Property Description: 42,750-sf retail condominium space, YOC 2007 Land Size: 3.91 acres Sales Price: $12.19M, or $285.14 psf Reception No.: D8042555 Closing Date: 4/26 Grantor: VS Vallagio Holdings LLC, Larry E. Jennings Jr. mgr., 248-646-9200 Grantee: Prominence Enterprises LLC, Dr. May Tong, mgr., 714-556-8664 Financing: $7.97M payable to Public Service…

John Winslow

May 25, 2018

Turn-of-the-century apartment building sells for $8.2 million

Denver County Property Location: 1010 E. 13thAve., Denver,“Le Cirque Apartments” Property Description: 45-unit, three-story apartment w/22,892 sf, YOC 1904 Land Size: 17,062 sf Sales Price: $8.2M, or $182,222 per door, or $358.20 psf Reception No.: 2018050658 Closing Date: 5/1 Grantor: Saratoga Le Cirque LLC, Yoshiko Heimsoth, mgr. Grantee: JM Logan LLC, Jason McCool, mbr., 303-300-6786 Financing: $5.74M payable to…

John Winslow

May 23, 2018