Arvada apartment building purchased by Boulder investors for $10.8 million
Jefferson County Property Location: 12155 W. 58th Place, Arvada Property Description: 58-unit, three-story apartment building with 60,208 sf, YOC 1982, brick construction with mansard roof Land Size: 2.36 acres Sales Price: $10.83M, or $186,638 per door, or $179.79 psf Reception No.: 2017102020 Closing Date: 10/3 Grantor: 29SC Village West LP, Stanley Beraznik, mgr., 312-379-8934 Grantee:…
John Winslow
November 3, 2017Englewood-Oxford Station Apartments sell for $60 million
Arapahoe County Property Location: 4141 S. Navajo St., Englewood, “Oxford Station Apartments” Property Description: 238-unit, five-story apartment building with 206,017 sf rentable, YOC 2016, brick/frame construction Land Size: 3.428 acres Sales Price: $60M, or $252,101 per unit, or $291.24 psf Reception No.: D7122194 Closing Date: 10/26 Grantor: Oxford Station Investors LLC, Jonathan Bush, mgr. Grantee:…
John Winslow
November 1, 2017Century Communities pays $7.5 million for Thornton lots
Adams County Property Location: SWC E. 120th Avenue & Quebec Property Description: Vacant land including 276 residential platted lots, 12.91 acres on the SWC of E. 120th Ave. & S. Quebec & 30.26 acres of open space Land Size: 98.59 acres Sales Price: $7.5M, or $1.75 psf, or allocation of $15,272 per lot Reception No.:…
John Winslow
October 31, 2017Emerging Trends ranks Denver 23rd
Emerging Trends ranked Denver No. 23 out of 78 cities, its worst showing in a decade in the high-profile and comprehensive analysis of markets throughout the U.S. and Canada. The last time Denver fared worse was when Emerging Trends ranked Denver in 28th place for 2007. Denver was ranked No. 11 for 2017. Seattle was…
Kris Oppermann Stern
October 30, 2017Buyer to unlock potential in historic 17th St. bank building
A historic office building at the corner of 17th and Champa streets in downtown Denver sold to a joint venture for $17.64 million cash. The former Colorado Business Bank Building at 821 17th St. is the first Colorado acquisition for Long Beach, California-based Harbor Associates, a value-add investor that bought the property in a joint…
Kris Oppermann Stern
October 29, 2017Bentall Kennedy buys Arrow building for $87 million
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Kris Oppermann Stern
October 29, 2017Sidford Capital acquires Cherry Creek 0ffice building for $4.4 million
Denver County Property Location: 100 Garfield St., Denver Property Description: 17,930-sf, four-story office building, YOC 1982, masonry & concrete panel/glass construction Land Size: 12,500 sf Sales Price: $4.4M, or $261.41 psf Reception No.: 2017133249 Closing Date: 10/10 Grantor: Midland States Bank Grantee: 100 Garfield Street LLC, Bradley Brooks, mgr., & Andrew P. Wolf, c/o Sidford…
John Winslow
October 25, 2017Bruteig brings ‘cold, hard facts’ to CREJ conference
Bruteig’s bully pulpit. Cary Bruteig, the go-to apartment authority for everyone in the multifamily business, book-ended the half-day multifamily conference last week that drew about 500 brokers, lenders, developers and others on the ground floor of the Front Range apartment market. Bruteig not only provided a detailed analysis of where the Denver-area and Front Range…
Kris Oppermann Stern
October 25, 2017Office future conference draws Microsoft, TIAA execs
Kindell Williams is managing director of the Denver office of IA Interior Architects, a firm that employs 600 in 19 offices. “Out of our Denver office, we do work for national, global and local clients,” Williams noted. With that kind of perspective, Williams has the pulse of the real estate needs of corporate clients. On Nov.…
Kris Oppermann Stern
October 23, 2017Apartment sale sets off chain of Northern Colorado transactions
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Kris Oppermann Stern
October 23, 2017