Indiana industrial developer snags 38.81 acres in Commerce City
Adams County Location: Vicinity of NEC Buckley Road & East 81stAvenue, Commerce City Improvements: Vacant Industrial Land Land Size: 38.81 acres Date of Recording: 4/4 Reception No.: 2018040286 Price: $5.82M, or $3.44 psf Grantor: DIA Tech Center LLC, C.H. Thompson Company LLC, Christopher H. Thompson, mgr. Grantee: 8251 Quintero Street Colorado Becknell Investors LLC, 2750 E. 146thSt., Suite 200,…
John Winslow
April 19, 2018Douglas County office/medical building sells for $5.45 million
Douglas County Location: 9570 Kingston Court, Englewood Improvements: 33,204-sf, three-story office building, YOC 2002, masonry Land Size: 2.30 acres Date of Recording: 4/12 Reception No.: 2018021700 Price: $5.45M, or $164.14 psf Grantor: LTP Land Ventures LLC, Lloyd Herrera, mgr. Grantee: CLC Eagle Pointe Holdings LLC, c/o Christian Living Communities, Terry Rogers, CEO, 720-606-2440 Financing: $4.45M payable to Guaranty…
John Winslow
April 18, 2018IBC sells building & breaks ground on another at Concord
IBC Holdings recently completed the $9.64 million sale of an industrial building at Concord Business Center and will break ground this month on an identical building in the master-planned business park. Gordon Development II LLC paid $151.65 per square foot for Concord Building 5, a 63,550-sf building at 8644 S. Peoria St. in Englewood. The…
Kris Oppermann Stern
April 13, 2018Bluerock draws first Colorado acquisition with Castle Rock apartments
Douglas County Property Location: 1100 Plum Creek Parkway, Castle Rock Property Description: 264-unit apartment complex w/11 three-story buildings plus 4,118-sf clubhouse, total of 252,276 sf rentable area; YOC 1999, brick/frame Land Size: 11.34 acres Density: 23.28 d/u per acre Sales Price: $61.1M, or $231,439 per unit, or $242.20 psf Reception No.: 2018017419 Closing Date: 3/26 Grantor: Social Links Inc., c/o…
John Winslow
April 12, 2018Firm acquires 390-unit Denver apartment for $128.7 million
Denver County Address or Location: 3500 Rockmont Drive, Denver, “Westend Apartments” Improvements: 390-unit apartment, with 343,138 rentable sf, YOC 2015. There are 251 one-bedroom/one-bath units ranging from 579 sf to 853 sf. The rental rates range from $2.05 to $2.71 per sf. The remaining 139 units consist of two-bedroom/two-bath units ranging from 1,043 to 1,463…
John Winslow
April 11, 2018Interest in second-tallest building in Denver snagged for $285.6 million
Denver County Property Location: 1801 California St., Denver Property Description: 1.37 million-sf, 54-story office building with 12-level parking garage, 28 passenger elevators, two freight elevator cars and fitness center on second floor, built in 1983 Land Size: 61,191 sf Sales Price: $285.6M, or $208.14 per sf Reception No.: 2018038167 Closing Date:3/30 Grantor: BOP 1801 California Street LLC, Brookfield…
John Winslow
April 10, 2018Flex space at 14 Inverness Drive East sells for $20.2 million
Arapahoe County Property Location: 14 Inverness Drive East, Englewood Property Description: 105,938-sf flex/industrial, YOC 1974 & 111,125-sf flex/industrial, YOC 1978, concrete construction (total 217,063 sf) Land Size: 14.32 acres Sales Price: $20.2M, or $93.06 per sf Reception No.: D8025643 Closing Date: 3/7 Grantor: 14 Inverness Property LLC c/o Global Pacific Inc., Michael S. Law Grantee: BKM Inverness…
John Winslow
April 9, 2018High-end mountain bike company rides into Golden
Commencal, a high-end mountain bike manufacturer that originated in Andorra, will move its U.S. headquarters from California to Golden. Cresa represented the company in leasing 8,550 square feet of space, including a 3,500-sf showroom, at 150 Capital Drive, Suites 160-180. “The active lifestyle Colorado is known for, paired with convenient trail access, makes Golden the…
Kris Oppermann Stern
April 8, 2018Hyde Development, Mortenson break ground on 76 Commerce Center
Officials from Brighton Economic Development Corp., the mayor’s office and Adams County joined Hyde Development and Mortenson to break ground on the first phase of 76 Commerce Center, a 1.8 million-square-foot Class A industrial park in Brighton. The 76 Commerce Center development will bring first-class modern industrial space to Adams County and the Interstate 76…
CREJ
April 6, 2018Retail building in Aurora sells to user for $2.2 million
Arapahoe County Property Location: 911 S. Havana St., Aurora Property Description: 12,240-sf multitenant retail building, YOC 2002, block Land Size: 38,415 sf Sales Price: $2.2M, or $179.74 psf Closing Date: 3/22 Reception No.: D8027921 Grantor: Anderson Development Holdings LLC, Moshe Fyzahov, mgr. Grantee: Hans Management LLC, Esther Han, mgr., 720-300-1852 Financing : $1.87M SBA loan payable to…
John Winslow
April 6, 2018