A California buyer paid $533.68 per square foot for a highly sought-after Lower Highland office/retail building. Miller Brothers Umatilla LLC, a high-net-worth family partnership, bought the 22,894-sf building at 2930 Umatilla St. from Gravitas-2930 Umatilla LLC for $12.22 million, according to Denver County records. Riki Hashimoto “Due to the location, unique building construction and overall…

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Denver County Address: 1660 Lincoln St., Denver Improvements: 284,610-sf, 31-story office building, YOC 1972, renovated several times since then, including in 2016 Land Size: 33,244 sf Date of Recording: 3/13 Reception No.: 2018030017 Price: $67.2M, or $236.12 psf Grantor: UPI 1660 Lincoln LLC, c/o Unico Properties LLC Grantee: 1660 Lincoln St. Propery LLC, c/o Westport Capital Partners LLC,…

The former Gold Star Sausage factory in River North sold for $14.85 million after taking on new life as creative office/retail space. Manchester Capital Management LLC, on behalf of a Southern California family office, bought the 47,326-square-foot building at 2800 Walnut St. in Denver from Pathfinder Winfield RiNo Holdings LLC. The seller was still in…

Douglas County Location: 3760 Dacoro Lane, Castle Rock Improvements: 16,428-sf day care center, YOC 2014, masonry Land Size: 2.348 acres Date of Recording: 3/30 Reception No.: 2018 Price: $5.3M, or $322.62 psf Grantor: Kelpaul Rock LLC, Lawrence Paulson, mgr., 832-717-0808 Grantee: 2WMWPC Eat LLC, Mary Pettyjohn, mgr., 5501 LBJ Freeway, Suite 200, Dallas, TX 75240 Comments: The sellers…

A Boulder-based home audio company liked the sound of buying a building near its existing facility. Sterling Investment Partners LLC, a group affiliated with PS Audio, purchased a 26,767-square-foot office/research-and-development building at 4865 Sterling Court in Boulder for $5 million. The building is across the street from PS Audio’s existing facility and will provide room…

Douglas County Location: W/S Promenade Parkway, south of Castle Rock Parkway, Castle Rock Improvements: Restaurant pad site Land Size: 45,463 sf Date of Recording: 4/10 Reception No.: 2018021145 Price: $1.3M, or $28.59 psf Grantor: Buffalo Juniper LLC Grantee: Chick-Fil-A Inc. Financing: Cash Comments: See file plat of Lot 1A-6A, Block 2, Promenade at Castle Rock Filing No. 1, Amendment…

BKM Capital Partners entered the Denver market with the $20.2 million acquisition of 215,268 square feet of flex space in Inverness Business Park. The deal included eight buildings at 14 Inverness Drive East in Englewood. The price, which equates to $93.84 per sf, represents a 57 percent discount to replacement cost, according to Brian Malliet,…

Adams County Location: 9351 Grant St., Thornton Improvements: 91,263-sf office building, YOC 1985 Land Size: 1.14 acres Date of Recording: 4/9 Reception No.: 2018000028658 Price: $9.08M, or $99.44 psf Grantor: Horizon Terrace LLC, c/o Global Pacific Properties Inc. 5161 E. Arapahoe Road, Suite 320, Centennial 80122, attn: Michael S. Law, pres. Grantee: 1641 California LLC (30.52%) & 9351…

Global insurance and health services company Cigna has signed a lease for 135,800 square feet in Colorado Center’s recently completed Tower 3. The space will serve as the company’s regional headquarters, housing more than 1,000 employees on five full floors. Colorado Center is located at Interstate 25 and Colorado Boulevard. “Our new home at Colorado…