Local dentist acquires Stapleton site for proposed building
Denver County Location: North side of Montview Blvd., 150’ east of Willow St., Denver Improvements: Vacant land Land Size: 24,035 sf Date of Recording: 11/16 Reception No.: 2017151449 Price: $336,500, or $14 psf Grantor: FC Stapleton II LLC Grantee: 5th Street LLC, Dr. Kate Steele, mgr., 303-278-3353 Financing: cash Comments: Steele plans to use the…
John Winslow
November 29, 2017National CineMedia to move headquarters within Denver
National CineMedia’s America’s Movie Network leased 63,000 square feet at the Cascades Building at 6300 South Syracuse, recommitting its headquarters operation to Denver. Located in Denver’s southeast suburban submarket, west of Interstate 25 at the southeast corner of East Caley Avenue and South Syracuse Way, the seven-story office asset affords convenient local and regional access.…
CREJ
November 28, 2017100-unit Sierra Vista apartments in Thornton sells for $17.4M
Adams County Address or Location: 9440 Hoffman Way, Thornton, “Sierra Vista Apts.” Improvements: 100-unit apartment with 94,995 sf, YOC 1972, frame & masonry construction Land Size: 6.21 acres Date of Recording: 11/01 Reception No.: 101865 2017 Price: $17.4M, or $174,000 per door, or $183.17 psf Grantor: Alta Sierra Community, Todd Kaufman, mgr., 818-235-1444 Grantee: Sierra…
John Winslow
November 28, 2017New York-based Castle Lanterra snags Westminster apartments for $65 million
Adams County Address or Location: 8300 Sheridan Blvd., Westminster, “Sunset Ridge Townhomes” Improvements: 280-unit apartment with 297,500 rentable sf, YOC 1972, 140 two-bedroom units @ 959 sf & 140 three-bedroom units @ 1,166 sf plus 450 sf basement area, 80% interior renovations over last two years, Land Size: 15.22 acres Density: 18.4 units per acre Date of…
John Winslow
November 27, 2017Class A, 32-foot-clear industrial product to be delivered to corridor
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Kris Oppermann Stern
November 26, 2017Investors compete for Greeley retail center, which draws $5.45M
A 37,514-square-foot retail center in central Greeley sold to a California buyer in a competitive deal that closed at $5.45 million, or $145.28 per sf. CWC Income Properties 6 bought Centennial Commons, a three-building center at West 10th Street/U.S. Highway 34 and 35th Avenue, from West Greeley Associates LLC. Centennial Commons consists of buildings at…
Kris Oppermann Stern
November 26, 2017Denver Public Schools exercises right, buys building for $11.1M
Denver Public Schools acquired an educational facility at 11200 E. 45th Ave. for $11.1 million, or $97.62 per square foot. High Tech Early College, along with DSST, a science and technology charter school, occupy the 113,705-sf building. Ed Options LLC was the seller. John Emmerling, senior adviser at Pinnacle Real Estate Advisors, said the school…
Kris Oppermann Stern
November 26, 2017Local broker acquires Englewood industrial property for $2.46 million
Arapahoe County Address or Location: 3755 S. Lipan St., Englewood Improvements: 34,652-sf warehouse, YOC 1954, brick/block construction Land Size: 1.756 acres Date of Recording: 11/02 Reception No: D7126940 Price: $2.46M, or $70.99 psf Grantor: Consolidated Steel Services Inc., Robert S. Schmidt, pres. Grantee: Ringsby Terminals Inc., Alex Ringsby, mgr. Financing: $1.9M payable to the seller,…
John Winslow
November 24, 2017Inland snags second apartment community within 10 days
Arapahoe County Address or Location: 17036 E. Ohio Ave., Aurora, “Arterra Place Apartments” Improvements: 200-unit apartment community with 191,004 sf, YOC 2014 Land Size: 9.748 acres Date of Recording: 11/02 Reception No: D7126940 Price: $49.25M, or $246,250 per unit, or $257.85 psf Grantor: Santa Ana Court Partners LLC, Borregas Partners, Wolfe Road LLC Grantee: Aurora…
John Winslow
November 23, 2017Broomfield apartments snagged by Inland RE Group for $95 million
Broomfield County Address or Location: 8000 Uptown Ave., Broomfield Improvements: 360-unit apartment community with 328,628 sf, YOC 2015 Land Size: 13.701 acres Date of Recording: 10/27 Reception No. 2017013468 Price: $95M, or $263,889 per unit, or $289.08 psf Grantor: Residences at Dry Creek Valley LLC, Scottsdale, AZ, c/o The Wolff Co Grantee: Broomfield Multifamily DST…
John Winslow
November 22, 2017