Comp of the Day handshake image

Site acquired by local developer for senior assisted-living/memory care units

Jefferson County Property Location: Northeast Corner W. Ida Ave. & S. Alkire St., Littleton Property Description: Vacant land, plan to build 64-bed senior assisted-living/memory care facility Land Size: 3.37 acres Sales Price: $778,500, or $5.30 psf, or $12,164 per buildable unit Reception No.: 2017101795 Closing Date: 9/28 Grantor: Centennial Community Church, Brad Heykoop, operations pastor,…

John Winslow

November 2, 2017
Comp of the Day handshake image

Englewood-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, 2017
Handshake

Diversity essential to industry’s future, insiders say

A lot has changed in Denver commercial real estate over the past two decades, but something that hasn’t is the relatively small number of brokers who are blacks, Latinos or other racial minorities. Eric Nesbitt “We’re very underrepresented,” said Eric Nesbitt of The Nesbitt Commercial Group: Keller Williams Realty DTC, a broker and real estate…

Jill Jamieson-Nichols

October 29, 2017
821 17th St.

Buyer 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…

Jill Jamieson-Nichols

October 29, 2017

Front Range Market Opportunities Forecast

Lori Golightly

October 19, 2017
Logo for theCREJ Colorado Real Estate Journal 2017 Fall Multifamily Development & Investment Conference & Expo

2017 Fall Multifamily Development & Investment Conference & Expo

NEW LOCATION: Hyatt Regency Aurora-Denver Conference Center

Lori Golightly

October 19, 2017
Comp of the Day handshake image

Littleton day care center changes hands for $2.75 million

Jefferson County Property Location: 10670 Bradford Road, Littleton, “Jordan Alexander’s Preschool Academy” Property Description: 9,852-sf day care center, YOC 1996, masonry Land Size: 45,738 sf Sales Price: $2.76M, or $279.64 psf Reception No.: 2017103370 Closing Date: 10/6 Grantor: Highland Investments LLLP, Colleen D. Porterfield, GP Grantee: PMY Holdings LLC Financing: $2.57M payable to KeyBank NA,…

John Winslow

October 18, 2017
Eastpark 70 Building 2

Eastpark 70 gears up to deliver 245,847-sf speculative building

Eastpark 70 is adding to its inventory of Class A industrial product with a 245,847-square-foot speculative building. Construction comes amidst brisk tenant demand for spaces in the 100,000- to 300,000-sf range, according to CBRE First Vice President Todd Witty. “That’s where we see a lot of these larger, national credit tenants,” he said. Buildings in…

Jill Jamieson-Nichols

October 16, 2017
Comp of the Day handshake image

Park N Fly lands Commerce City site for $3.75 million, or $3.45 psf

Adams County Property Location: North side of E. 81st Ave., approx. 1,000’ west of Tower Road, Commerce City Property Description: vacant land, to be rezoned to PUD Land Size: 24.988 acres Sales Price: $3.76, or $3.45 psf Reception No.: 201700081059 Closing Date: 9/11 Grantor: Sark Colorado LLC, Inderpal S. Chopra, mgr. Grantee: Park N Fly…

John Winslow

October 16, 2017
Element Denver Park Meadows

Peachtree Hotel Group buys Element Denver Park Meadows

Atlanta-based Peachtree Hotel Group has acquired the Element Denver Park Meadows Hotel, a 123-room hotel at 9985 Park Meadows Drive in Lone Tree. Douglas County records show the hotel sold for $19.8 million. The seller was Denver II Hospitality LLC, a Texas based group that bought the property for $15.5 million two years ago. Peachtree…

Jill Jamieson-Nichols

October 9, 2017