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21200 E. 36th

Stihl takes down 122,511 sf with $10.65 million acquisition

The country’s biggest chainsaw manufacturer took down 122,511 square feet in Majestic Commercenter in a $10.65 million acquisition. Stihl Inc. bought the distribution building at 21200 E. 36th Drive in Aurora from Opus Development Company LLC. The price per sf was $86.93. A major manufacturer and distributor of outdoor power equipment, Stihl currently leases approximately…

Kris Oppermann Stern

December 17, 2017
Platte Fifteen & Riverpoint campus

Platte Fifteen a distinctive first in Denver

This post is only available to subscribers of the the Colorado Real Estate Journal. If you have a subscription, please log in to view this post. If you do not […]

Kris Oppermann Stern

December 17, 2017

Englewood apartments sell to Jackson Square for $52 million

Arapahoe County Address or Location: 10001 E. Dry Creek Road, Englewood, “The Rail @ Inverness” Land Size: 7.629 acres Improvements: 219-unit, five-story apartment, YOC 2007, 179,537 sf “rentable area,”,brick & frame construction Density: 28.7 units per acre Date of Recording: 12/5 Reception No.: D7138224 Price: $52M, or $237,443 per door, or $289.63 psf Grantor: Holland…

John Winslow

December 14, 2017

Longtime Denver firm snags Cherry Creek building for $586.39 per square foot

Denver County Address: 231 Detroit St., Denver Improvements: 8,868-sf retail building, YOC 1985 Land Size: 6,250 sf Date of Recording: 11/20 Reception No.: 2017152985 Price: $5.2M, or $586.39 psf Grantor: Diamond Property Group LLC, Michel A. Miro, mgr., Miro Jewelers Grantee: Detroit Street Holdings c/o Buell & Company, John Maragon, mgr., 303-320-6929 Comments: Property was…

John Winslow

December 13, 2017

Atlanta investor closes $101 million apartment deal in northeast Denver

Denver County Address: 4699 N. Kittredge St., Denver, “Lakecrest @ Gateway Park Apts.” Improvements: 440-unit apartment, 426,510 sf, YOC 2001 Land Size: 15.22 acres Density: 28.91 units per acre Date of Recording: 11/21 Reception No.: 2017152985 Price: $101M, or $229,545 per door, or $218.49 psf Grantor: Kittredge Street Apartments LLC c/o The Bascom Group LLC,…

John Winslow

December 11, 2017

Centennial office building sells to Centura Health for $13.05 million

Arapahoe County Property Location: 6901 S. Havana St., Centennial Property Description: 136,954-sf, three-story office building, concrete & glass construction, YOC 1989, renovated in 2015-2016 Land Size: 17.461 acres plus 1.43 acres of open space Sales Price: $13.05M, or $95.29 per sf Closing Date: 10/17 Reception No.: D7120031 Grantor: 6901-Centennial Owner LLC by: Encore Enterprise Inc.,…

John Winslow

December 8, 2017

Partners Group breaks ground on Broomfield campus

Partners Group, a global private markets investment manager, has broken ground at the site of its future North American headquarters in Broomfield. The campus will comprise three buildings of 92,290 square feet plus 55,849 sf of parking. "The state-of-the-art headquarters we are building here will be an important milestone for Partners Group, enhancing our ability to…

CREJ

December 7, 2017

Canadian firm snags key Aurora site near E-470 for $10.5 million

Arapahoe County Property Location: SEC Powhaton Road & East Sixth Avenue-extended east, Aurora Property Description: Vacant land Land Size: 318.18 acres Sales Price: $10.5M, or $33,000 per acre Reception No.: 2017144359 Closing Date: 10/27 Grantor: Bellweather Associates, Steve Cohen, partner Grantee: Melcor/TC Aurora LLC, Ryan Mott, 480-699-4687 Financing: Cash Comments: See APN: 1977-00-0-00-367. There are…

John Winslow

December 7, 2017

Thornton site sells for $4 per square foot

Adams County Address: SWC E. 143rd Place & Grant St., Thornton Improvements: Vacant land Land Size: 12.17 acres Date of Recording: 11/7 Reception No.: 98802 2017 Price: $2.12M, or $4 psf Grantor: Thornton Long Term Investments LLC, c/o Evergreen Devco Inc. Grantee: TSG Grant LLC, Michael H. Staenberg, mgr. Financing: $1.59M payable to First National…

John Winslow

December 6, 2017

Thornton retail building changes hands

Adams County Address: 9645 Washington St., Thornton Improvements: 11,340-sf retail store, YOC 2008 Land Size: 1.72 acres Date of Recording: 11/13 Reception No.: 101880 2017 Price: $4.25M, or $374.78 psf Grantor: Armstrong Highpointe LLC, c/o Gustine (Douglas J. Kyle, mgr.) Grantee: Oak Group LP, c/o The Heritage Group, Mark E. Hoekstra, 619-239-1788 Financing: cash Comments:…

John Winslow

December 5, 2017