Carmel Partners pays $6.75 million for proposed apartment site
Douglas County Address or Location: South side of Inverness Drive South, north of Gates Corp. and southwest of Information Handling Services Improvements: Vacant multifamily land Land Size: 9.385 acres Date of Recording: 8/29 Reception No. 2017059524 Price: $6.75M, or $16.51 psf, or $26,786 per buildable unit Grantor: ARI Inverness LLC, Michael S. Adler, pres. of…
John Winslow
September 20, 2017
Meridian bike sharing launched
Bill Pauls once casually mentioned to me that soon after he bought the sprawling Meridian International Business Center in Douglas Count, he wondered if he had made a mistake. Pauls, now head of the Pauls Corp., bought Meridian just in time to watch the local economy crash with falling energy prices, putting on hold the…
Kris Oppermann Stern
September 20, 2017
Phillips 66 Louisville site under contract to Bancroft
The company that developed the Peloton in Boulder has the prized 432-acre property in Louisville under contract that is owned by energy giant Phillips 66, the Colorado Real Estate Journal has learned. Bancroft Capital, based in Manhattan Beach, California, appears to have agreed to pay $50 million for the land off U.S. 36, which is…
Kris Oppermann Stern
September 19, 2017
Owner user’s SBA loan facilitates purchase of Englewood medical building
Arapahoe County Address or Location: 4275 S. Broadway, Englewood Improvements: 5,760 medical building YOC 2006 (renovated in 2017) Land Size: 6,250 sf Date of Recording: 8/10 Reception No.: D7091881 Price: $980,000 or $170.14 psf Grantor: 4275 South Broadway LLC (Bill Bush, mgr.) 720-339-4523 Grantee: 4275 SBO (Seth L. Jenz, mgr.) Financing: $997,900 payable to Bank…
John Winslow
September 18, 2017
New industrial park to go head-to-head with I-70 corridor
Metro Denver’s next big industrial park will be in Brighton. The 122-acre 76 Commerce Center will create up to 1.8 million square feet of speculative Class A industrial space on the Interstate 76 corridor, starting with a 266,240-sf building to break ground this year. Going head-to-head with Denver’s Interstate 70 industrial corridor, the development is…
Kris Oppermann Stern
September 17, 2017
Life Moves Pretty Fast: GE Johnson 50 Years Later
Life moves pretty fast – if you don’t stop and look around once in a while you could miss it. The famous counsel given to Generation X by Farris Buhler in 1986 always seems to take a minute to settle in, but that’s the point. Fifty years from GE Johnson Construction Co.’s 1967 founding, Chief Executive Officer Jim Johnson also finds benefit in reflection.
Building Dialogue
September 17, 2017
Safeway Cherry Creek to close, host new tenants
After more than a half century in the heart of the Cherry Creek neighborhood, the Safeway next to the Cherry Creek Shopping Center will be closing its doors by the first week of January, officials announced today. The 51-year-old Safeway with approximately 50,000 square feet at 3100 E. First Ave., has been notified by the Taubman…
Kris Oppermann Stern
September 15, 2017
Scottsdale developer flips former FirstBank in Aurora for $1.5 million profit
Arapahoe County Address or Location: 7460 S. Gartrell Rd, Aurora Improvements: 4,452 medical building YOC 2006 (renovated in 2017) Land Size: 1.1 acres Date of Recording: 8/10 Reception No.: B7091255 Price: $2.74M or $615.45 psf Grantor: Cathedral Canyon Investments LLC, Brenton Smith, mgr. Grantee: Greg Grinter (Edwardsville IL) 618-656-6875 Financing: Cash Comments: The APN is…
John Winslow
September 15, 2017
Canadian developer sparks historic ‘Ghost Building’ for $5.15 million
Denver County Address or Location: 800 18th St., Denver “The Ghost Building” Improvements: 15,516 sf three-story office building, YOC 1891, sandstone const. Land Size: 6,269 sf Date of Recording: 8/7 Reception No.: 2017103112 Price: $5.15M or $331.92 psf Grantor: 800 18th Street LLC Grantee: Amacon Ghost Building Corp. 604-602-7700 c/o Matthew Chung Financing: Cash Comments:…
John Winslow
September 14, 2017
Denver infill site one block west of Tower & E. 47th sells at $10.75 psf
Denver County Address or Location: Southwest corner E. 47th Ave & Yampa St, Denver Improvements: Vacant Land, zoned C-MU-20. Land Size: 69,725 sf Date of Recording: 8/3 Reception No.: 2017103185 Price: $750,000 or $10.75 psf Grantor: C. P. Bedrock LLC by: Tickly Bender Dev LLC Grantee: Strasburg Montbello LLC (Dr. Mauricio Waintrub, mbr.) 303-337-5575 Financing:…
John Winslow
September 13, 2017









