Lennar acquires 327 lots in Thornton for $9.1 million
Adams County Address or Location: NWC E. 144th Ave. and Holly St., Thornton Land Size: 327 vacant platted lots (60.16 acres of lots plus 24.67 tract acres) Date of Recording: 7/21 Reception No.: 63020 2017 Price: $9.16M, or $3.48 psf – lot area – or $27,849 per lot Grantor: VTL Willow Bend LLC (True Life…
John Winslow
August 9, 2017Denver Post won’t celebrate 126th birthday downtown
The Denver Post celebrated its 125th birthday on Tuesday. “We’re proud of our history and our accomplishments over the past 125 years,” Mac Tully, president and CEO of the Denver Post wrote in a missive published in a special wrap-around section of the newspaper that included a copy of the first edition of the paper,…
Kris Oppermann Stern
August 9, 2017Freestanding building on Broadway sells for $300 per square foot
Denver County Address or Location: 333 Broadway, Denver Improvements: 3,200-sf, freestanding retail building, YOC 1965, stone Land Size: 12,587 sf Date of Recording: 7/21 Reception No.: 2017096709 Price: $960,000, or $300 psf Grantor: 7-Eleven Inc., Irving, TX 75063 Grantee: 1509 Lofts LLC, Hamid David Motorjemi, mgr. Financing: Cash Comments: See APN: 05102-17-010, zoned U-MS-5. This…
John Winslow
August 8, 2017Lone Tree self-storage site sells for more than $12 per square foot
Douglas County Address or Location: 9368 Teddy Lane, Lone Tree Improvements: Vacant land Land Size: 2.827 acres Date of Recording: 7/25 Reception No.: 2017050455 Price: $1.5M, or $12.18 psf Grantor: Lone Tree Storage LLC by: Hier & Company, Nicholas Hier, mgr. Grantee: Storage at Lone Tree LLC by: Century Communities Financing: cash Comments: Legal is…
John Winslow
August 7, 2017450-unit Aurora apartment complex sells for $104,444 per door
Arapahoe County Address or Location: 9913 E. First Ave., Aurora Improvements: 228-unit, three-story apartment complex with four buildings, 150,720 sf plus 4,452-sf clubhouse/office, wood siding construction; 222-unit apartment with five buildings, 149,769 sf, YOC 1972 (total 450 units, 300,489 sf) Land Size: 14.46 acres Date of Recording: 7/13 Reception No. D7080986 Price: $47M, or $156.41…
John Winslow
August 5, 2017Steelmax acquires industrial building near Arapahoe & Jordan roads
Arapahoe County Address or Location: 15335 E. Fremont Dr., Englewood Improvements: 11,040-sf warehouse, YOC 1999, metal & frame siding Land Size: 1.64 acres Date of Recording: 7/14 Reception No. D7081044 Price: $2M, or $181.16 psf Grantor: McDade-Woodcock Inc., Bob McDade, pres. Grantee: JK Partners LLC, Kevin Allen, mgr. & CEO of Steelmax Tools Comments: Steelmax…
John Winslow
August 3, 2017Maxwell – Green is Gold for Zocalo
Once again, Zocalo Community Development Inc. has brought home the Gold. The Denver-based developer’s Coda Apartments in Cherry Creek has been awarded the LEED Gold certification from the U.S. Green Building Council. The 12-story, 185-unit apartment tower opened a year ago at First Avenue and Steele Street. Susan Maxwell stands in front of the Coda,…
Kris Oppermann Stern
August 2, 2017Adams County acquires 174 acres in northern Adams County for $9.1 million
Adams County Address or Location: Vicinity of northwest side of Brighton Road, northeast of E-470 Improvements: Vacant land Land Size: 174.454 acres Date of Recording: 7/11 Reception No. 60674 2017 Price: $9.1M, or $52,300 per acre Grantor: Clay Carlson, Clarke D. Carlson & Carlson Family Trust Grantee: The Trust for Public Land, 607 Cerrillos Road,…
John Winslow
July 31, 2017DPC, Long Wharf buy opportunity on U.S. 36
A local buyer with a track record of successfully repositioning properties bought a 403,871-square-foot industrial building on the U.S. Highway 36 corridor for $25.56 million. DPC Development Cos., along with Boston-based Long Wharf Capital, acquired 333-335 Centennial Parkway in Louisville with plans to spend millions renovating it to attract tenants to 201,000 sf of available…
Kris Oppermann Stern
July 31, 2017NetApp: Making Nerdy Look Good
It’s easy to talk about the benefits of collaboration, integrated teams and adaptability. But when an acquisition occurs in the middle of the project, the amount and pace of change can test a team’s mettle.
Building Dialogue
July 31, 2017