Iconic Investments LLC snags Cherry Creek site for $204 per square foot
Denver County Property Location: Northwest corner of Garfield St & East 2nds Ave. (201 Garfield St.), Denver Property Description: Vacant land, plans for 26 unit, three-story apartment building Land Size: 37,496 sf Sales Price: $7.65M, or $204.00 psf, or $294,231 per buildable unit Reception No: 2018086674 Closing Date: 7/13 Grantor: Newberry Family LLC (Kien Arnold, mgr.), 303-322-0443 Grantee:…
John Winslow
July 24, 2018
Denver investor sells Montbello Industrial building for $2.45 million
Denver County Property Location: 4705 Oakland St., Denver Property Description: 24,000-sf industrial building, YOC 1973 Land Size: 1.27 acres Sales Price: $2.45M, or $102.08 psf Reception No.: 2018079838 Closing Date: 6/26 Grantor: Calhoun Street Industrial LLC (John C. Webb, mbr.), 303-333-7500 Grantee: Carrick Properties LLC (Michael A. Leibowitz, mgr.) Financing: $3.8M payable to CapWest Income LLC Comp…
John Winslow
July 23, 2018
Block 162 will be shining new option upon 2020 delivery
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Kris Oppermann Stern
July 22, 2018
Vertical construction to begin in ’19 for National Western Center
When the National Western Stock Show crowds depart each January and no special event is going on, the stock show complex can seem a little sleepy. That won’t be the case for long, with major infrastructure work beginning for the 250-acre National Western Center. The first two phases of construction, costing $756 million, will stretch…
Kris Oppermann Stern
July 22, 2018
Local buyer pays $2.3 million for leasehold interest
A leasehold interest in a Boulder retail center sold to a Boulder County investor for $2.3 million. The lease comprises the land under a 19,997-square-foot retail center that is shadow anchored by Safeway. The property is located at 3325 28thSt., at the corner of 28thand Iris Avenue. Traffic counts at the intersection exceed 69,000 per…
Kris Oppermann Stern
July 22, 2018
Littleton shopping center is snagged by Florida Investor for $10.85 million
Arapahoe County Property Location: 6901-6905 S. Broadway, 6985 S. Broadway, Littleton Property Description: 75,831-sf shopping center, YOC 1978-1985, updated 2012 (including 6,120-sf freestanding liquor store building, YOC 1985; 13,766-sf freestanding strip building, YOC 1985; 9,523 sf freestanding retail building, YOC 1985; 8,946-sf strip center building, YOC 1978, masonry; 5,712-sf retail building, YOC 1978, masonry; 17,858-sf…
John Winslow
July 20, 2018
Minnesota firm acquires 5.23 acres for 209 proposed apartment units
Arapahoe County Property Location: Northwest corner of S. Parker Road & East Fair Ave., Centennial Property Description: Vacant replatted land, plan to build 209 apartment units Land Size: 5.2291 acres Sales Price: $2M, or $8.78 psf, or $9,569 per buildable unit Reception No.: D8062751 Closing Date: 6/26 Grantor: Fellowship Community Church (Douglas Swanberg), 303-699-1110 Grantee: Centennial Leased…
John Winslow
July 19, 2018
Downtown apartment community, parking lot sell for $135.5 million
Denver County Property Location: 1600 & 1405 Glenarm Place, Denver Property Description: 333-unit, 31-story apartment building, 326,411 sf plus 29,814+/- sf of retail space on first floor, total 356,225 sf, YOC 1964, converted to multifamily in 2006, *renovated in 2016 Land Size: 30,902 sf Sales Price: $131M, or $393,393 per unit, or $367.75 psf** Reception No:…
John Winslow
July 18, 2018
Interior design firm acquires Golden Triangle building
Denver County Property Location: 1050 Bannock St., Denver Property Description: 3,465-sf office building, YOC 1965, masonry, with 11 parking spaces Land Size: 7,460 sf Sales Price: $1.53M, or $441.56 psf Reception No.: 2018079849 Closing Date: 6/26 Grantor: The Premier Mortgage Co. (James Park, mbr.) Grantee: Terjesen Development LLC (Kristen Terjesen, mgr.), 303-333-4650 Financing: $849,000 & $679,200 payable…
John Winslow
July 17, 2018
Retail site in Brighton sells for $700,000 to Confluent Development
Adams County Property Location: North side Bridge St., 200’ east of Bridge St., Brighton Property Description: Vacant land, Land Size: 51,454 sf Sales Price: $700,000, or $13.60 psf Reception No.: 49735 2018 Closing Date: 6/19 Grantor: Dillon Companies LLC Grantee: Confluent Development LLC Comments: Lot 5, Block 2, Brighton Crossing Filing No. 2, 2ndAmendment. The site was…
John Winslow
July 16, 2018
