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Solana

Solana in Highlands Ranch checks all the boxes

If you had a blank suburban canvas and had a checklist for a first-class apartment community, it would be hard to beat the 9.89-acre site that is home to Solana Lucent Station. Solana Lucent Station is truly at Main & Main. Site plan for the Solana Lucent Station. Notice how close the future light-rail station…

Kris Oppermann Stern

September 13, 2017
Comp of the Day handshake image

NexGen Properties acquired Broomfield strip center for $3.85 million

Broomfield County Address or Location: 6765 & 6785 W. 120th Ave, Broomfield Improvements: 21,020 sf strip center, YOC 1993 Land Size: 2.13 acres Date of Recording: 7/28 Reception No.: 2017009406 Price: $3.85M or $183.16 psf Grantor: GST Trust, etal (Michele Bodner, Trustee) Grantee: Broomfield Marketplace Holdings LLC (Travis McNeil, mgr) Financing: $1,925,000 payable to Security…

John Winslow

September 12, 2017

Stream Realty expands Denver industrial team

Peter Beugg, left, and Tyler Reed were named managing directors at Stream Realty Partners. Stream Realty Partners,  a national real estate development, services and investment firm, announces the expansion of its Denver industrial division with the hiring of Tyler Reed, managing director; Peter Beugg, managing director; Dominic DiOrio, vice president; and Heather Gillison, transaction coordinator. “We’re excited to…

CREJ

September 11, 2017

Briargate apartments trade for $44.5M in record-setting deal

New York City-based Rivendell Global Real Estate paid $44.5 million, or $229,381 per unit, for the Commons at Briargate – the highest price per unit ever recorded regardless of vintage for the sale of a Colorado Springs apartment community.

Jolene Wollett

September 11, 2017
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Denver investor adds to his portfolio of office buildings with $4.9 million purchase

Denver County Address or Location: 2121 S. Oneida St, Denver Improvements: 65,117 sf six-story office building, YOC 1979 Land Size: 2.1 acres Date of Recording: 7/27 Reception No.: 2017108633 Price: $4.9M or $75.25 psf Grantor: Virtu Oneida Associates LLC (Scott McWhorter, mgr) Grantee: Ai3 Properties LLC (Peter Charczenko, mgr.) Financing: $3,675,000 payable to Wells Fargo…

John Winslow

September 11, 2017
Comp of the Day handshake image

Legendary Rossonian Building bought by Denver developer for $6 million

Denver County Address or Location: 2650 Welton St., Denver, “Rossonian Building” Improvements: 21,480 sf, three-story office building, YOC 1910, masonry Land Size: 7,322 sf Date of Recording: 8/16 Reception No.: 2017108304 Price: $6M, or $279.33 psf Grantor: Carl Bourgeois Grantee: 2650 Welton St. LLC c/o Palisades Partners, Paul L. Books, ptnr. Financing: $4M payable to…

John Winslow

September 8, 2017
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Jeffco warehouse investment is acquired by Dallas investor for $20 million

Jefferson County Address or Location: 16163 W. 45th Ave., Golden Improvements: 192,500-sf single-story warehouse building, YOC 1998, masonry Land Size: 10.967 acres Date of Recording: 8/11 Reception No.: 2017084119 Price: $20M, or $103.90 psf Grantor: TPRF III/Table Mountain LLC, Mary M. Hager, GP of Thackeray Partners Grantee: Colfin 2017-10 Industrial Owner LLC, 972-893-7000 Financing: Cash…

John Winslow

September 6, 2017

Roski thrilled by industrial development

It’s a lot to live up to if you named your real estate company Majestic. “I didn’t name it that. My dad did,” Ed Roski Jr., owner of Southern California-based Majestic Realty Co., told me last week in an exclusive interview. I wasn’t surprised that Roski didn’t choose the name of the company, the largest…

Kris Oppermann Stern

September 6, 2017
Comp of the Day handshake image

Northwest Denver retail investment closes at $1.3 million

Denver County Address or Location: 4437 W. 38th Ave., Denver, “Jameson’s Garage” Improvements: 8,154 net leasable sf, three-tenant commercial building, YOC 1900 (completely gutted and renovated in 2017) Land Size: 13,962 sf Date of Recording: 7/28 Reception No.: 2017106868 Price: $1.3M, or $183.16 psf Grantor: 4437 W. 38th Avenue LLC, Adam Fenton, mgr. Grantee: Jameson’s…

John Winslow

September 5, 2017
8181 e. Tufts

Westcore parts with longtime DTC asset

With a major tenant settled in, a high-image office building in the Denver Tech Center found a new owner for $40.5 million. Mountain View, California-based Rees Properties Inc. bought 8181 E. Tufts Ave. from Westcore Properties, which has a long history with the 185,256-square foot asset and will continue to manage it. “It was a…

Kris Oppermann Stern

September 4, 2017