Law firm settles on $4.94 million for Northglenn office building
An injury law firm settled on $4.94 million for the acquisition of a Northglenn office building. A limited liability company affiliated with Ramos Law bought Northglenn Greens I, a 47,957-square-foot building at 10190 Bannock St. in Northglenn. The law firm will occupy the top floor of the two-story building. Located along Interstate 25 near 104th…
Kris Oppermann Stern
March 18, 2018
Net-leased NoCo office building trades for $9M
A Northern Colorado office building that’s leased to an energy company drew multiple offers and closed at $9 million. The building at 4000 Burlington Ave. in Evans sits on approximately 9.7 acres with heavy-industrial zoning. It was built in 2012 for Anadarko, which relocated to a new facility in Platteville and assigned the lease to…
Kris Oppermann Stern
March 16, 2018
Similar style apartments snagged for $4.2M each
Arapahoe and Denver counties Property Location: 1. 3505-3515 S. Knox Court, Sheridan, & 2. 1860 S. Grove St., Denver Property Description: 1. 18-unit (two buildings), two-story walk-up apartment w/11,380 sf, YOC 1961; 2. 18-unit, two-story, brick, garden-level apartment, YOC 1961, 12,253 sf Land Size: 1. 25,265 sf, 2. 12,576 sf Sales Price: Arapahoe: $2.1M; Denver $2.1M, total…
John Winslow
March 16, 2018
Madwire leases 102,000 square feet in Fort Collins
Technology company Madwire managed to sign one of the biggest office leases in Fort Collins at a time when large blocks of office space are virtually nonexistent. The digital marketing software company leased 102,000 square feet at the former LSI Logic (Avago) chip manufacturing facility at 3405 S. Timberline Road. Building owner 2001 Danfield has…
Kris Oppermann Stern
March 12, 2018
Westside Investment Partners acquire 253-acre site at E-470 & E. 112th Ave.
Adams County Property Location: NEC & NWC E-470 & E. 112th Ave.; NWC E-470 & E. 112th, also fronts NEC E. 112th Ave. & Tower Road, Commerce City Property Description: Vacant land Land Size: 253 acres Sales Price: $2.4M, or $9,500 per acre Reception No: 2018000014899 Closing Date: 2/16/18 Grantor: SW Chambers LLC, et. al…
John Winslow
March 12, 2018
Office/retail building in heart of action trades for $7.13M
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Kris Oppermann Stern
March 11, 2018Greeley investor pays $4.5 million for single-tenant building
A local investor paid $4.5 million for an industrial building in Greeley. Greeley-based B&B Real Estate LLC purchased the building at 295 71st Ave. from Northward LLC. The building, which consists of 66,000 rentable square feet, is a distribution center for Home Depot. Home Depot has occupied the property since 2011. B&B Real Estate managing…
Kris Oppermann Stern
March 11, 2018
CCIG to relocate headquarters to Inverness
Insurance brokerage CCIG has acquired an office building in Inverness Business Park in Englewood for its new headquarters. CCIG bought 155 Inverness Drive West, an approximately 44,500-square-foot building, for $8.5 million and will undertake an extensive renovation starting early next year. The company’s current headquarters are located in approximately 22,000 sf in Greenwood Village. CCIG…
Kris Oppermann Stern
March 11, 2018
Leon Capital purchases closed McDonald’s building for $10.46 per square foot
Jefferson County Property Location: 801 Wadsworth Blvd., Lakewood Property Description: 4,109-sf closed McDonalds restaurant, YOC 1982 Land Size: 54,972 sf Sales Price: $575,000, or $10.46 per sf (before demolition cost)* Reception No.: 2018019087 Closing Date: 3/1 Grantor: McDonald’s Corp., Michael Van Poucke, senior counsel Grantee: LCP Wadsworth LLC c/o Leon Capital Group, 214-865-8082, attn: Will Tolliver, mgr.…
John Winslow
March 9, 2018
Pinnacle Real Estate Advisors facilitates 1031 exchange of single-tenant building
Arapahoe County Property Location: 7436 S. Eagle St., Centennial Property Description: 10,828-sf warehouse/auto shop, YOC 1984, masonry Land Size: 41,828 sf Sales Price: $1.83M, or $169 per sf Reception No.: D8015438 Closing Date: 2/15 Grantor: 528 N. Washington St. LLC, Jay P. Burton, mgr., Durango Grantee: Eagle Street 1031 LLC by: National Safe Harbor Exchanges Financing: 1031…
John Winslow
March 8, 2018
