• MCA Banner Ad 4 728 x 90
  • Digital - This Space Available
  • United Properties Amira Digial Ad
  • Coan Payton & Payne July 2024 Banner
  • Advanced Exercise 2022 Banner 728 x 90

Knights Inn motel lands new owner for $7.15 million, or $50,000 per unit

Arapahoe County Property Location: 14200 E. Sixth Ave., Aurora, “Knights Inn” Property Description: 143-unit motel w/ 40,160 sf in five buildings, YOC 1982, stucco construction Land Size: 2.418 acres Sales Price: $7.15M, or $50,000 per unit, or $178.04 psf Reception No.: D7124490 Closing Date: 11/1 Grantor: Im & Lim Inc., Hyon IK Im Grantee: Kings…

John Winslow

November 21, 2017

Motorcycle parts distributor acquires former Littleton Walmart for $2.75 million

Arapahoe County Property Location: 3615 W. Bowles Ave., Littleton Property Description: 43,719-sf retail building, “former Walmart store,” YOC 1984, masonry construction Land Size: 3.747 acres Sales Price: $2.75M, or $62.90 psf Reception No.: D7125171 Closing Date: 11/2 Grantor: Walmart Real Estate Business Trust, Nick Goodner, senior director Grantee: Delkevic US LLC, Janielle Myers, mgr., 303-962-2739…

John Winslow

November 20, 2017
8822 S. Ridgeline Blvd.

Ogilvie makes value-add play with Highlands Ranch building

Denver-based Ogilvie Properties Inc. bought a Highlands Ranch office building with plans for improvements to the property – and the occupancy. The 76,369-square-foot building, located at 8822 S. Ridgeline Blvd., was 70 percent leased to eight tenants at the time of the $8 million sale. “It was the old headquarters for Mission Viejo, so it’s…

Kris Oppermann Stern

November 19, 2017
14101 E. Otero

Brennan enters Denver market with 150,000-sf industrial bldg.

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

November 19, 2017

Pearl Street properties sell for $4.6 million

Boulder-based Element Properties made two long-term strategic acquisitions on Pearl Street for $4.6 million. The company paid $3 million for 2116 Pearl St., a 4,634-square foot building on 19,600 sf of land, and $1.6 million for 2126 Pearl, which comprises 3,972 sf on a 10,000-sf site. Espressoria and Alchemy Face Bar occupy the building at…

Kris Oppermann Stern

November 19, 2017

Diocese of Colorado Springs snags Parker site for $5.5 million

Douglas County Property Location: NWC Motsenbocker Rd & Hess Road, fronts southeast side of Triple Crown Drive Property Description: Vacant land Land Size: 13.554 acres (gross), 11.739 acres (net) Sales Price: $5.52 million, or $9.36 psf (gross) or $10.80 psf (net) Reception No.: 2017069587 Closing Date: 10/11 Grantor: Westchase Properties LLC, Marcus Palkowitsh, mgr. Grantee:…

John Winslow

November 17, 2017

Richmond American Homes takes down 162 lots for $5.69 million

Arapahoe County Property Location: Vicinity of SEC S. Malaya Court & E. Radcliff Parkway, Aurora Property Description: Vacant land Land Size: 20.232 acres (162 lots plus & 15 tracts totaling 7.901 = 28.133 acres) Sales Price: $5.69M, or $35,132 per lot, or $4.64 psf* Reception No.: D7122896 Closing Date: 10/30 Grantor: South Quincy Residential Developers…

John Winslow

November 15, 2017
Winners

Winners of Mayor’s Design Awards

Winners of the 2017 Mayor’s Design Awards showcased an eclectic mix of commercial, residential and events that help to shape Denver's urban fabric.. The 16 winners included office buildings, restaurants, retailers and homes. “We are here to celebrate the projects that are getting it right,” Denver Mayor Michael B. Hancock said about the winners in…

Kris Oppermann Stern

November 15, 2017
1144 15th

Unicom Capital takes top floor at 1144 Fifteenth

Hines recently secured a key tenant for the top floor of 1144 Fifteenth, the largest speculative office building built in downtown Denver in more than 30 years. Unicom Capital LLC signed a long-term lease for 20,036 square feet on the 40th floor in the 672,000-sf building. JLL brokers Jamie Roupp, Michael Crane and Andy Ross…

CREJ

November 14, 2017

Grand Peaks lands TOD site in Aurora for $3.9 million

Arapahoe County Property Location: SWC East Iliff Ave. & Blackhawk St., Aurora Property Description: Vacant land planned for 320 apartment units plus 12,415-sf retail building and two four-story buildings containing 329,800 sf Land Size: 5.24 acres Sales Price: $3.9M, or $17.09 psf, or $12,188 per buildable unit Reception No.: D7122896 Closing Date: 11/1 Grantor: Fashion…

John Winslow

November 14, 2017