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Hub 25

Westfield sells newly developed Hub 25 for $74 million

Westfield Co. has sold its newly developed Hub 25 industrial campus for $74 million, or $175.56 per square foot. Westfield completed the 421,499-sf infill development at 601 E. 64thAve. in Denver last year. The four-building campus is 95 percent occupied by eight tenants, including BSI Designs, Mountain High Appliance, Rustic Log Furniture Inc., Rep Fitness…

Kris Oppermann Stern

May 23, 2018
Cornerstar Healthcare Plaza

Cornerstar Healthcare Plaza trades for $10.19 million

A Class A medical office building anchored by Centura Health sold for $10.19 million, or $376.06 per square foot, according to public records. CHP Aurora MOB LLC, advised by Anchor Health Properties and Chestnut Real Estate, purchased Cornerstar Health Plaza from Cornerstar Healthcare Plaza LLC. The 27,113-sf building is located at 15901 E. Briarwood Circle…

Kris Oppermann Stern

May 18, 2018
Colo. Trade Center

Millwork company crafts lease for space at Colo. Trade Center

A custom millwork company leased 65,126 square feet of industrial space at the Colorado Trade Center near Interstates 25 and 70 in Denver. Freelance Enterprises, which manufactures commercial millwork, will expand out of its current location at 1851 W. 52ndAve. to the new space at 5151 Bannock St. this summer. “Colorado Trade Center delivered on…

Kris Oppermann Stern

May 18, 2018
Drake Crossing

Idaho buyer pays $9.69 million for Drake Crossing retail center

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

May 18, 2018

Confluent Development Group to build six-story Westin in Greenwood Village

Arapahoe County Property Location: SEC Interstate 25 & East Caley Ave., Greenwood Village Property Description: Vacant land, 203-room Westin Hotel proposed Land Size: 1.77 acres* Sales Price: $1.6M, or $20.77 psf Reception No.: D8041902 Closing Date: 4/30 Grantor: Greenwood Village Hotel LLC Grantee: G-C GWV Land LLC, c/o Confluent Development, Randy Coakley, VP-real estate, 303-573-6500 Financing: Cash Comments: Total…

John Winslow

May 18, 2018

Children’s Hospital acquires 15,476-sf medical condo in Aurora for $4.5 million

Adams County Property Location: 13123 E. 16thAve., Unit 2A, Aurora Property Description: 15,476-sf first-floor commercial condo unit, YOC 2017 Sales Price: $4.5M, or $290.77 psf Reception No.: 36041 2018 Closing Date:5/01 Grantor: The Kempe Foundation, John D. Faught, CEO Grantee: Children’s Hospital Colorado. Jeff Harrington, SVP, CFO Comments: The three-story building contains 112,036 sf and has been divided…

John Winslow

May 16, 2018
830 Potomac St.

Northstar signs Children’s Colorado for 105,806 square feet

Children’s Hospital Colorado signed a long-term lease for 105,806 square feet of office space near the Anschutz Medical Campus. The lease with Northstar Commercial Partners will fill the remaining vacancy in the 113,568-sf building at 830 Potomac St. in Aurora. An investment entity created by Northstar bought the building, which was vacant, for $3.4 million…

CREJ

May 14, 2018
East Quincy Energy Park

CBD oil manufacturer goes big with $12M buy

A site near Watkins that houses a large CBD manufacturing firm sold for $12 million. The deal included 101.39 acres with 368,147 square feet of industrial and office space at 34501 E. Quincy Ave. in Arapahoe County. The buyer was APPoGee Kazmira LLC. Kazmira LLC is an industrial-scale manufacturer of THC-free CBD oil and isolate…

Kris Oppermann Stern

May 13, 2018

Signature Health Care acquires 5.3 acres for proposed hospital

Adams County Address or Location: SWC N. Pecos St. & W. 122ndAvenue, Westminster Improvements: Vacant land, proposed two-story, 120-bed, 83,250-sf hospital Land Size: 5.305 acres Date of Recording: 4/26 Reception No: 34071 2018 Price: $2.2M, or $9.52 psf Grantor: NorthRidge Holdings LLC Grantee: Westminster Behavior Venture Properties LLC, c/o Watch Hill Capital, David Lebowitz, 303-871-4746, Blair Stam, EVP, Signature…

John Winslow

May 11, 2018

Brookdale Meridian of Englewood title transfers for $84.1 million

Arapahoe County Property Location: 3455 S. Corona St., Englewood Property Description: 193 independent units & 72 skilled units, 8-story senior/assisted-living facility, 249,424 sf, YOC 1986 Land Size: 3.91 Acres Sales Price: $84.1M, or $317,370 per unit Reception No.: D8032185 Closing Date: 4/2/2018 Grantor: S-H Thirty-Five PropCo – Englewood Meridian LLC, c/o HPC Inc., 1920 Main St., Suite 1200, Irvine,…

John Winslow

May 10, 2018