Longmont retail center changes hands for $3.84M
A 20,163-square-foot retail center at the northwest corner of Ken Pratt Boulevard and Sherman Drive in Longmont sold for $3.84 million. Developer David Chaknova of Nova Sherman LLC and Nova Sherman AZ LLC sold Sherman Station to Valley Interests LP. AutoZone and the St. Vrain Valley Habitat for Humanity ReStore occupy the center on long-term…
Kris Oppermann Stern
July 8, 2018
Denver investor acquires RiNo building for $1.7 million
Denver County Property Location: 3305 Larimer St., Denver Property Description: 9,264-sf warehouse, YOC 1973, brick construction Land Size: 12,500 sf Sales Price: $1.7M, or $183.51 psf Reception No.: 2018065046 Closing Date: 5/31 Grantor: Ralph B. Long Grantee: Larimer Place LLC, Matthew Palmer, mgr., 3300 Walnut St., Suite 117, Denver 80205 Comments: The buyer owns 3300 Walnut and…
John Winslow
July 6, 2018
Park Hill church trades to Colorado Chin Baptist Church for $980,000
Denver County Property Location: 3590 Grape St., Denver Property Description: 8,976-sf church, YOC 1955, brick construction Land Size: 6,250 sf Sales Price: $980,000, or $109.18 per sf Reception No.: 2018065215 Closing Date: 5/31 Grantor: My Father’s House International Christian Discipleship Center Inc., by Leslie D. Richardson, apostle Grantee: Colorado Chin Baptist Church Ltd., Cung Lian, church chairman…
John Winslow
July 5, 2018
Small retail building in Denver’s Highland area commands $830,000
Denver County Property Location: 3746 Tejon St., Denver Property Description: 1,899-sf, three-tenant retail building, YOC 1932, masonry Land Size: 6,250 sf Sales Price: $830,000 Reception No.: 2018066166 Closing Date: 6/4 Grantor: Katrina S. Jones, trustee for Estate of Connie Aiello Grantee: HLH LLC, Robert S. Hahn, John F. Reilly Financing: $622,500 payable to Alpine Bank, NA Comments:…
John Winslow
July 3, 2018
Senior cooperative housing to be developed in Greeley
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
July 2, 2018
LBA Realty buys Confluent Center 70 for $148.81 per sf
LBA Realty bought a newly developed industrial building on the Interstate 70 corridor for $15.73 million, or $148.81 per square foot. Located off Interstate 70 and Chambers Road at 15100 E. 40th Ave. in Aurora, Confluent Center 70 is fully leased to three tenants. Confluent Development, which completed the building in late 2016, sold the…
Kris Oppermann Stern
July 1, 2018
Equus Capital buys 370 Interlocken Blvd.
A fund managed by Equus Capital Partners paid $29 million for a Class A office building in Interlocken Advanced Technology Environment in Broomfield. IPXI Interlocken Investors LLC acquired 370 Interlocken Blvd., a 150,656-square-foot building, from an affiliate of Rialto Capital Management. “Denver is a target market for our investment platform, and this asset in particular…
Kris Oppermann Stern
June 30, 2018
Leasing of new product indicates shifts in market makeup
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Kris Oppermann Stern
June 29, 2018
Denver lands (two) fully leased dispensaries in Denver & Aurora
Denver & Arapahoe Counties 1. Property Location: 4400 Grape St., Denver, “The Green Solution” Property Description: 32,397-sf warehouse, YOC 1964, updated in 2014 and converted to marijuana dispensary Land Size: 1.24 acres Sales Price: $3.92M, or $121 per sf Reception No.: 2018074168 Closing Date: 6/15 Grantor: Speidell Real Estate Group LLC, Kyle Speidell & Eric Speidell, mgrs.…
John Winslow
June 28, 2018
Colorado Utility Co. acquires 25,000 sf in north Denver for $1.4 million
Denver County Property Location: E/S Cherokee St., approximately 50’ north of W. 43rdAve. Property Description: Vacant land Land Size: 25,029 sf Sales Price: $1.4M, or $139.53 per sf Reception No: 2018073795 Closing Date: 6/14 Grantor: SFF Real Estate Investments LLC, c/o Central Street Capital Inc., Rob Salazar, mgr., 303-989-3900 Grantee: Public Service Co., aka Xcel Energy Financing: Cash…
John Winslow
June 27, 2018
