Thornton industrial building commands $133.33 per square foot
Adams County Address: 8225 North Valley Highway, Thornton Improvements: 30,000-sf, two-story warehouse, YOC 1971, twin-tee construction Land Size: 2.53 acres Date of Recording: 1/5 Reception No.: 201800001836 Price: $4M, or $133.33 psf Grantor: Dean Ventures LLC, Patrick W. Hurley, CFO Grantee: 8225 North Valley LLC, 8225 North Valley Highway, Thornton 80221 Comments: This property sold…
John Winslow
January 12, 2018
Park Place Olde Town welcomes new year with $46.6 million sale
Jefferson County Address: 5743 Teller St., Aurora, “Park Place Olde Town” Improvements: 153-unit, five story apartment w/132,129 sf, YOC 2016 Land Size: 2.97 acres Density: 51.52 units per acre Date of Recording: 1/4 Reception No.: 2017169188 Price: $46.58M, or $304,444 per door, or $352.53 psf Grantor: Park Place Olde Town Apartments LLC, Mark Goldberg &…
John Winslow
January 10, 2018
New 7-Eleven yields developer $1,022 per square foot
Denver County Address or Location: 725 Kalamath St., Denver Improvements: 2,681-sf 7-Eleven store, YOC 2017, brick with gas pumps Land Size: 26,250 sf Date of Recording: 12/29 Reception No.: 2017169834 Price: $2.74M, or $1,022 psf Grantor: BTS Kalamath SE LLC, Cadence Capital, Lucy Dinneen, mgr. Grantee: Carr Street LLC, Dr. Gary Ghiselli, 303-697-7463 Comments: New…
John Winslow
January 9, 2018
Graham Street Realty snags two southeast Denver office buildings
Douglas County Address or Location: 9777 Pyramid Circle, 384 Inverness Pkwy, Englewood Improvements: 120,279-sf, three-story office building, YOC 1996; 51,523-sf, two-story office building, YOC 1985 (171,802 sf net rentable space) Land Size: 1) 8.37 acres 2) 2.854 acres Date of Recording: 12/15 Reception No: 2017084932 & 2017084924 Price: $19.4M, or $112.92 psf Grantor: Westcore 384…
John Winslow
January 8, 2018
Preleasing at new tower on fast track with Chipotle deal
A 152,000-square-foot headquarters deal will bring preleasing at 1144 Fifteenth Street to 65 percent, well ahead of what its developer anticipated at this point in time. Chipotle Mexican Grill signed a 15-year lease for floors 20 through 24 of the 671,101-sf tower. The building will accommodate all 450 Denver-based Chipotle employees in a single location.…
Kris Oppermann Stern
January 8, 2018
Cherry Tower to continue to blossom under new owner
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Kris Oppermann Stern
January 7, 2018
Beauty Supply Warehouse acquires retail building in Aurora
Arapahoe County Address: 13870 E. 6th Ave., Aurora Land Size: 1.67 acres Improvements: 23,447-sf retail building, YOC 1970, block construction Date of Recording: 12/12 Reception No.: D7141454 Price: $2.65M, or $113.02 psf Grantor: Willow Court LLC, Mary O’Keefe, mbr. Grantee: 13870 East 6th Avenue LLC, Karan Hoss, CEO of Beauty Supply Warehouse, 303-365-0500. Comments: Tenant’s…
John Winslow
January 4, 2018
Denver investor acquires 231,866-sf Industrial/flex space for $22.3M
Arapahoe County Address: 2701 W. Oxford Ave, Englewood, “Oxford Federal Business Park” Land Size: 14.041 acres Improvements: 226,216-sf flex building, YOC 1984-1986, precast construction, 13 buildings, plus 966-sf house, total of 226,216 Date of Recording: 12/13 Reception No.: D7142133 Price: $22.31M, or $96.20 psf Grantor: BLT Legacy Inc., Lucile Tourney, pres. Grantee: Waterpark II &…
John Winslow
January 3, 2018Rocky Mountain Real Estate Challenge to focus on RK Mechanical site in Stapleton
RK Mechanical Inc.’s Denver headquarters site in Stapleton will be the subject of this year’s Rocky Mountain Real Estate Challenge. University of Colorado and University of Denver graduate students will evaluate development opportunities for the site – less than a half-mile from the Central Park commuter rail station – and present them at the Thursday,…
CREJ
January 2, 2018
Griffis Group acquires 296 units for $100.5M
Denver County Address: 2975 Huron St., Denver, “Union Station North” Land Size: 2.47 acres Improvements: Five-story, 296-unit apartment complex w/253,080 sf, YOC 2017* Date of Recording: 12/15 Reception No.: 2017164456 Price: $100.5M, or $339,527 per unit, or $397.11 psf Grantor: Edwards Prospect Park LLC, Jeffrey W. Edwards, mgr., 495 S. High St., Suite 150, Columbus,…
John Winslow
January 2, 2018
