Sakura Square LLC and Tri-State/Denver Buddhist Temple have chosen the Nichols Partnership/Barry Hirschfeld Jr. team as their preferred developer for the redevelopment of Sakura Square and the temple in downtown Denver. Sakura Square covers one square block bordered by Larimer, Lawrence, 19th and 20th streets. “We are excited to enter into this next phase of…

Broomfield County Property Location: 12920 Lowell Blvd., Broomfield Property Description: 11,288-sf retail building, YOC 1987, masonry Land Size: 1.57 acres Sales Price: $2M, or $177.18 psf Grantor: INSAF LLC, Fadi Sawaged, mgr. Grantee: JNT LLC, Jaeyoung Nam, mgr., 1702 8th Ave., Greeley 80631 Closing Date: 5/31 Financing: $1.35M payable to Westlake Payment LLC @ 8% (OWC) Comments: Listed…

I sat on the Denver Planning Board in the 1990s and watched the beginning of today’s debates about growth. When we developed Blueprint Denver, the ideas about stability and change emerged through community dialogue.

Adams County Property Location: 3900 E 68th Ave., Commerce City Property Description: 50,000-sf warehouse, includes 6,500-sf office area, YOC 1980, 27’ clear, twin-tee construction Land Size: 3.45 acres Sales Price: $4.38M, or $87.50 psf Reception No.: 43778 2017 Grantor: K.W. Schmidt & Associates LLC, Karl W. Schmidt, mgr. Grantee: Tebeest Properties LLC, Chad Tebeest, mbr., 9681 W…

Denver-based Amstar has acquired The Citadel, a 131,000-square-foot office building in the Cherry Creek submarket. This acquisition marks Amstar’s first new investment in the U.S. after a focused asset management and disposition effort of its existing portfolio over the past 12 months. Amstar is familiar with the Denver market, having developed several residential properties throughout…

Douglas County Property Location: 4991 Factory Shops Blvd., Castle Rock Property Description: 11,368-sf retail center, YOC 2016 Land Size: 1.44 acres Sales Price: $7M, or $615.76 psf Reception No.: 2017033617 Grantor: White Fir LLC by: Alberta Development, Donald Provost, mgr. Grantee: 4991 Factory Shops Blvd., LLC Closing Date: 5/19 Financing: $6.16M payable to Umpqua Bank (85% LTV) Comments:…

Almost half of the 167 million square feet of U.S warehouse space currently under construction—72 million square feet—is already precommitted to tenants, primarily e-commerce, third-party logistics and retail users, according to a new report from CBRE Group Inc. At 3.2 million square feet, Denver is ranked 10th in the nation for warehouse space under construction.…

Adams County Property Location: 485 E. 52nd Ave., Denver Property Description: 69,350-sf warehouse, YOC 2016 Land Size: 4.5 acres Sales Price: $7.25M, or $104.52 psf Reception No.: 45058 2017 Grantor: TC Crossroads #6 LLC c/o Trammell Crow Company, Bill Mosher, CEO Grantee: Denver Cross LP, Largent Group Inc., Scott Bader, pres., Sylmar, CA Closing Date: 5/25 Financing: $6.16M…

Douglas County Property Location: 17565 Pine Lane, Parker, “Enclave at Cherry Creek” Property Description: 285-unit, four-story apartment complex (five buildings of 57 units each), 368,465 sf gross building area, plus 6,706-sf clubhouse, with attached garage parking with each building, YOC 2015 Land Size: Sales Price: $70.93M, or $248,870 per unit, or $192.50 psf Reception No.: 2017033207 Grantor:…