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Comp of the Day handshake image

Frontier Airlines lands 89,000-square-foot office building near DIA for $14M

Denver County Property Location: 4545 Airport Way, Denver Property Description: 89,021-sf, five-story office building, YOC 2006 Land Size: 12.819 acres Sales Price: $14M, or $157.30 psf Reception No.: 2017073844 Grantor: Prologis, Megan C. Robert, SVP Grantee: Frontier Airlines Inc. Closing Date: 6/1 Financing: Cash Comments: This property was listed by Joe Heath, Andy Ross and Don Misner…

John Winslow

July 5, 2017
Blair

Blair works outside the box at Continuum

Donna Blair, the recently appointed chief operating officer of Continuum Partners, has a history with the Denver-based company that developed such high-profile development as Belmar years before she joined the company. “I’ve been dancing with the company for one way or the other for close to 20 years,” said Blair of Continuum, which also is tackling…

Kris Oppermann Stern

July 5, 2017
Comp of the Day handshake image

Austin investor buys 724 ministorage units in Denver area for $9.6M

Arapahoe & Adams counties Property Location: 443 Laredo St., Aurora; 7273 Kearney/6345 E. 78th Ave., Commerce City, “Best Bargain Storage” Property Description: 323 units & 42,650 sf ministorage, YOC 1984, brick construction, & 401 units & 60,140 sf Land Size: 7.15 acres Sales Price: $9.9M, or $96.06 psf Reception No.: D7062399 (Arapahoe) & 47826 (Adams) Grantor:…

John Winslow

July 4, 2017
Rockmount

Rockmont Remainder: A neglected opportunity in Denver

This the third in the series on Denver’s “Whale Sites,” defined as extremely prominent and underdeveloped land parcels whose size and location will define Denver’s future growth and development. Examples include the Burnham Yard, the former Denver Post Printing Site, Elitch Gardens and the Denver Design District. Future pieces also will look at sites in…

Steve Ferris

July 4, 2017
Citadel

Amstar launches reinvestment strategy with $37.03M buy

Amstar acquired its first new asset in the United States in a year with the $37.03 million purchase of a Cherry Creek office building. Denver-based Amstar bought the 130,652-square-foot Citadel at 3200 Cherry Creek South Drive from TR Citadel LLC. The building was 85 percent occupied. The acquisition follows a 12-month asset management and disposition…

Kris Oppermann Stern

July 4, 2017
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East Colfax motel gains $1.175 million, or 47.92%, in value over last three years

Arapahoe County Property Location: 11800 E. Colfax Ave., Aurora Property Description: 92-unit, four-story walk-up motel building, 29,750 sf, YOC 1962, brick construction Land Size: 1.688 acres Sales Price: $3.62M, or $39,391 per room, or $121.82 psf Reception No.: D7062749 Grantor: Kings Group Inc., Kyeong Hee Kim, pres. Grantee: 11800 E. Colfax LLC, 1575 Galena St., Suite…

John Winslow

July 3, 2017
tryba's google campus

Stitching the Urban Fabric: Tryba Architects

David Tryba founded his eponymous Denver firm in 1988 after starting his career in New York City when “a more human, urbanized city” began to bloom, he says. “That whole connectivity to the waterfront is still being formed. It was in the early stages of that where my frame of reference was formed in terms of the importance of connectivity.”

Building Dialogue

June 30, 2017
Comp of the Day handshake image

Separate deals totaling 748 units close for $161 million

Arapahoe County Address or Location: 2205 S. Racine St. & 12775 E. Pacific Drive, Aurora Improvements: 232-unit, three-story apartment, 1985, & 248-unit apartment complex, YOC 1985-1986 (total 480 units, 449,562 sf rentable area) Land Size: 19.467 acres Date of Recording: 6/21 Reception No. : D7069982 Price: $95M, or $197,917 per unit, or $211.32 psf Grantor:…

John Winslow

June 30, 2017
16th Street Mall

CH2M to help city, RTD determine 16th Street Mall’s future

The city and county of Denver and the Regional Transportation District, with support from CH2M, will kick off the downtown 16th Street Mall alternative analysis and environmental clearance effort to determine the future of the 1.2-mile corridor. The 16th Street Mall is one of Denver's most vital connectors and important public spaces. The collaborative effort…

CREJ

June 29, 2017
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Industrial buildings trade for $4.4 million

Adams County Property Location: 4150 E. 60th Ave., Commerce City Property Description: Six industrial buildings totaling 27,444 sf, with paved site and rail frontage Land Size: 16.92 acres (11 net usable acres, as per broker listing sheet) Sales Price: $4.4M, or $5.97 psf, or $9.18 psf (net) Reception No.: 47750 2017 Grantor: Hampton Yard LLC, Jeff…

John Winslow

June 29, 2017