Internet service provider acquires site for headquarters in Dove Valley
Arapahoe County Property Location: SEC E. Broncos Pkwy. & E. Jamison Circle; east corner E. Jamison Circle & S. Wheeling Court, Englewood Property Description: Vacant land Land Size: 2.17 acres Sales Price: $421,992, or $4.47 psf Reception No.: D8073368 Closing Date: 7/25 Grantor: DV2 LLLP, c/o The Urban Group LLC (Don Weaver, mgr.) Grantee: Ting Fiber Inc.,…
John Winslow
August 27, 2018Tebo makes value-add play with vacant Longmont bank building
A Boulder investor purchased a highly visible former bank building in Longmont for $2.3 million, or $127.95 per square foot. The former First National Bank/Sunflower Bank building at 1726 Hover St. was vacant at the time of the sale. The two-story, 17,976-sf building became available following the merger a year ago of First National with…
Kris Oppermann Stern
August 25, 2018Aurora neighborhood retail strip center sells for $3.75M
Arapahoe County Property Location: 2300-2350 S. Chambers Road, Aurora Property Description: 35,756-sf retail strip-center, YOC 1985, masonry Land Size: 3.745 acres Sales Price: $3.75M, or $104.88 psf Reception No.: D8073430 Closing Date: 7/24 Grantor: ADRE Country Square LLC (Andy Klein, mgr.) Grantee: Country Square Plaza LLC by: Miller Real Estate Investments LLC (David Goldberg, mgr.) Financing: $2.62M…
John Winslow
August 24, 2018Investor nabs Castle Rock retail center for $619 per square foot
Douglas County Property Location: 830 New Memphis Court, Castle Rock Property Description: 5,732-sf retail strip-center, YOC 2016, brick Land Size: 37,462 sf Sales Price: $3.55M, or $619.33 psf Reception No.: 2018041051 Closing Date: 7/5 Grantor: Skyline Locust LLC, c/o Alberta Development (Donald G. Provost, mgr.) Grantee: North Dakota Holdings LLC (Paul J. Zueger, mgr.), 303-596-0566 Comments: Listed…
John Winslow
August 23, 2018Southwest Denver convenience store sells for $1.1 million
Denver County Property Location: 2680 S. Federal Blvd. Property Description: 2,070-sf convenience store with gasoline pumps, YOC 1977 Land Size: 16,750 sf Sales Price: $1.12M, or $170.40 psf Reception No.: 2018093191 Closing Date: 7/25 Grantor: Federal Blvd Real Estate LLC (Hung & Nina Tran, mgrs..) Grantee: Laxmi Ganesh 2 Inc. (Madan Sitaula, pres.), 3380 East 140thPlace, Thornton…
John Winslow
August 21, 2018Offshore investor buys 1670 Broadway
An offshore investor bought 1670 Broadway, an iconic office tower with some of the strongest credit tenancy in downtown Denver, for $238 million. UBS Realty Investors LLC sold the building, anchored by TIAA, to New York-based JM Capital LLC, a real estate firm and investment adviser that partnered with Pacific Rim capital. UBS recently completed…
Kris Oppermann Stern
August 17, 2018Kaplan adds Coloradoan building to Riverside property
A Fort Collins developer has acquired the Coloradoan building in a value-add play that will dovetail nicely with a renovation he’s been doing next door. Les Kaplan of Imago Enterprises Inc. bought the approximately 37,220-square-foot Coloradoan building at 1300 Riverside Ave. from media company Gannett MHC Media Inc. for $4.01 million. The newspaper will remain…
Kris Oppermann Stern
August 16, 2018User pays $112 per square foot for warehouse building in Denver
An industrial user that was looking for additional space found it in a building centrally located building off of Interstate 70 in Denver. JPE Properties LLC, comprised of the owners of FMH Material Handling Solutions Inc., purchased a 56,376-square-foot warehouse at 4751-4755 E. 46th Ave. It paid $6.3 million, or $112 per sf, for the…
Kris Oppermann Stern
August 16, 2018Harkins Theatres snags Aurora site for $7 per square foot
Adams County Property Location: Northeast side Interstate 70, approx. 1,000’ southeast of Pena Blvd, Aurora Property Description: Vacant land Land Size: 12.2 acres Sales Price: $3.72M, or $7 per sf Reception No.: 60276 2018 Closing Date: 7/24 Grantor: Gateway Park IV LLC (Mike Serra III) Grantee: Harkins Aurora LLC, c/o Harkins Theatres, Mike Bowers, president, 480-627-7777, or…
John Winslow
August 14, 2018NexGen buys Highlands Ranch medical office building
NexGen Properties has acquired one of a handful of medical office buildings in Highlands Ranch. The Greenwood Village based company paid $4.73 million, or $204.37 per square foot, for the EastRidge Medical Office Building, a 23,119-sf building on 2.15 acres at 6660 Timberline Road. LNR Partners sold the real estate-owned property via a Ten-X Commercial…
Kris Oppermann Stern
August 13, 2018