City and county of Denver closes on disputed property for $3.8 million
Denver County Property Location: 2645 W. Seventh Ave., Denver Property Description: 33,042-sf warehouse, YOC 1970, twin-tee construction, to be used for possible homeless shelter overflow Land Size: 1.145 acres Sales Price: $3.8M, or $115.00 psf Reception No.: 2017149981 Closing Date: 11/15/2017 Grantor: 2601-2605 W. 7th Ave LLC, Katherine B. Dudden, Bret Kaup, Amber Kaup Grantee:…
John Winslow
January 26, 2018Mile High Ambulance resuscitates Commerce City property
Adams County Property Location: 8451 Brighton Road, Commerce City Property Description: 9,600-sf industrial building with five drive-in doors, YOC 1996, metal construction; 4,000-sf office building, YOC 1968, metal construction; & 2,159-sf warehouse, YOC 1962, metal construction (total 15,759 sf - three bldgs.) Land Size: 1.553 acres Sales Price: $1.9M, or $120.57 psf Reception No.: 2018000006106…
John Winslow
January 25, 2018Gilliland family assembles remaining 8.1-acre tract near Xcel Energy plant for $3.45 million
Adams County Property Location: 1961 East 64th Ave., Denver (between York and Franklin streets) Property Description: Vacant land, rezoned from A-1 to I-2 in October 2009 Land Size: 8.1127 acres Sales Price: $3.45M, or $9.76 per sf Reception No.: 2018000003356 Closing Date: 1/10 Grantor: WCSC Acquisition Company, Robert Matz, CEO Grantee: Gilliland Family Partners LLLP,…
John Winslow
January 24, 2018Logan Apartments near state Capitol sells for $16.3 million
Denver County Property Location: 619 Logan St., Denver, “The Logan Apartments” Property Description: 57-unit, five-story apartment building, 34,954 sf, YOC 2012, brick/stucco and wood siding, 49 parking space underground garage plus two open spaces Land Size: 17,425 sf Density: 142.5 units per acre Sales Price: $16.3M, or $285,965 per unit, or $466.33 psf Reception No.:…
John Winslow
January 23, 2018Industrial portfolio draws $51 million
One of the world’s largest investment managers paid $51 million, or $104.94 per square foot, for a multitenant industrial portfolio in Denver and Golden. The 485,984-square-foot portfolio consisted of Bryant Street Quad and 6400 Broadway in central Denver, along with 16600 Table Mountain Parkway in Golden. UBS Realty Investors sold the 100-percent leased assets to…
Kris Oppermann Stern
January 22, 2018Newly built 1401 Lawrence sets record price for downtown
Pricing for newly constructed Denver office buildings continues to hit record highs – a trend that continued with the sale of 1401 Lawrence. The newest high-rise tower in downtown Denver, the 309,988-square-foot building reportedly sold for around $720 per sf. The previous record was the $677 per sf achieved by the Triangle Building near Denver…
Kris Oppermann Stern
January 21, 2018Gogo Building goes to Invesco for $47.1 million
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Kris Oppermann Stern
January 21, 2018Louisville office building sells to Boulder investor for $9M
Boulder real estate investor Stephen Tebo of Tebo Development Co. acquired a 41,478-square-foot office building in Louisville for $9 million. The Class A building is located at 400 Centennial Parkway. Uber occupies most of the space. CoBiz Bank also is a tenant. Occupancy was 90 percent at the time of the sale. A locally owned…
Kris Oppermann Stern
January 21, 2018Denver restaurateur acquires Old Gaylord Street restaurant
Denver County Property Location: 1001 S. Gaylord St., Denver, “Homegrown Tap & Dough” Property Description: 2,676-sf restaurant, YOC 1926, brick construction Land Size: 5,900 sf Sales Price: $2M, or $747.38 per sf Reception No.: 2018002223 Closing Date: 1/5 Grantor: South Gaylord Properties LLC, Laurie Jekel, mgr. Grantee: JPP Properties LLC, Jean Philippe Fallyau, mgr., 720-459-8736…
John Winslow
January 19, 2018Denver metro industrial portfolio trades for $51.5 million
Denver, Adams & Jefferson counties Address or Location: 1) 2475 W. 2nd Avenue (Denver County), “Bryant Street Quad”; 2) 6400 Broadway, Denver (Adams County); 3) 16600 Table Mountain Pkwy., Golden (Jefferson County) Improvements: 1) 152,890-sf warehouse, YOC 1971, twin-tee construction; 2) 70,141-sf warehouse, YOC 1984, twin-tee construction; 3) 261,825-sf warehouse, YOC 1997, concrete panel Land…
John Winslow
January 18, 2018