Good Times Burger acquires Brighton restaurant for $668 per square foot
Adams County Property Location: 550 E. Bromley Lane, Brighton Property Description: 1,797-sf fast-food restaurant, YOC 2000 Land Size: 30,492 sf Sales Price: $1.2M, or $667.78 psf Reception No.: 38414 2017 Grantor: PNC Bank – Walter R. Morris IRA Trust Grantee: Good Times Drive Thru Inc. Closing Date: 4/28 Financing: Cash Comments: Listed by Drew Isaac & Brian Bailey…
John Winslow
May 29, 2017Greenbriar Plaza Shopping Center sells for $12 million
Denver County Property Location: 7141-7181 Pecos St., Denver, “Greenbriar Plaza Shopping Center” Property Description: 99,729-sf shopping center, YOC 1957, renovated in 1992 Land Size: 9.66 acres Sales Price: $12M, or $120.33 psf Reception No.: 37844 2017 Grantor: JSW Greenbriar Plaza LLC c/o Sessions Group LLC, Scott Tiano, pres. Grantee: Shanghai Land Investments LLC, Woon Ki Lau &…
John Winslow
May 26, 2017Highland retail center at 32nd & Lowell sells for $5.19 million
Denver County Property Location: 3496 W. 32nd Ave., Denver Property Description: 11,929-sf, two-story retail building, YOC 1910, brick Land Size: 12,600 sf Sales Price: $5.19M, or $434.66 psf Reception No.: 2017059934 Grantor: Lowell Properties LLC, Kenneth J. Wolf, mgr. Grantee: 32nd and Lowell LLC, Tyrone & Megan Rocque, mgr., 303-948-9330 Closing Date: 5/4 Financing: Assume balance of $2.9M…
John Winslow
May 25, 2017Cranes towering over Denver
The crane is Colorado’s new state bird. I first wrote that line, or something like it, for the Rocky Mountain News in the mid-1980s. At that time, developers from Canada, Texas and other places, were changing the skyline of Denver. Cranes are towering over Denver. Photo courtesy of GE Johnson. During that era, Republic Plaza…
Kris Oppermann Stern
May 25, 2017Boulder investor creates 47 percent gain on apts. in 2.5 years
Adams County Property Location: 12220 Colorado Blvd., Thornton, “Fox Creek Apartments” Property Description: 287-unit apartment complex including 21 buildings, 265,904 sf net rentable area plus 1,408-sf clubhouse, YOC 1998 Land Size: 19.59 acres Sales Price: $53M, or $184,669 per unit, or $199.32 psf Reception No.: 36688 2017 Grantor: EMD Fox Creek LLC, Charles J. Gower, et al,…
John Winslow
May 24, 2017Englewood Industrial Investment snagged by Denver investor
Arapahoe County Property Location: 3880-90 S. Windermere St. & 3865 S. Kalamath St., Englewood Property Description: 147,111-sf industrial building, YOC 1968, concrete Land Size: 5.54 acres Sales Price: $12.67M, or $86.13 sf Reception No.: D7048232 Grantor: Drake Mansfield Partners LLC, Jon Hardy, mgr. Grantee: Sand Creek Investors, Bryant G. Winslow, mgr., 303-761-3183 Closing Date: 4/28 Financing: $7.59M payable…
John Winslow
May 23, 2017Lakehouse ‘magic’ for Hines, Levitt
Lakehouse breaks ground tomorrow. Lakehouse is the 12-story, 206-unit condominium tower in Sloans, the mixed-use development on the former St. Anthony Hospital campus. Lakehouse sits across from Sloan’s Lake, the largest body of water in Denver.
Kris Oppermann Stern
May 23, 2017Greenwood Village day care facility sells for $161.24 per square foot
Arapahoe County Property Location: 6625 S. Dayton St., Greenwood Village Property Description: 6,016-sf day care center, YOC 1986, wood siding Land Size: 24,177 sf Sales Price: $970,000, or $161.24 sf Reception No.: 2017053266 Grantor: Realty Income Corp., Robin L. Brockett, mgr. Grantee: 6625 S Dayton St LLC, Sobia Khan, mgr. Closing Date: 4/20 Financing: $776,000 payable to…
John Winslow
May 22, 2017Fort Logan apartments sell for $3.6 million
Denver County Property Location: 3600 S. Lowell Blvd., Sheridan, “Fort Providence Apts.” Property Description: 30-unit, two-story plus garden level apartment building, 24,360 sf, YOC 1974, brick/frame construction Land Size: 26,964 sf Sales Price: $3.6M, or $120,000 per door, or $147.78 psf Reception No.: D7045941 Grantor: Capital 8 Fort Providence LLC, Jeffrey L. Kissee, mbr. Grantee: AJ3 Fort…
John Winslow
May 19, 2017Richmond Homes acquires 15.44-acre site zoned for 72 units
Arapahoe County Property Location: Northeast corner S. Uvalda St. & E. Peakview Ave.; southeast corner of E. Caley Ave & S. Uvalda St., “Peakview Village at Centennial” Property Description: Vacant land, zoned R-U for 72 detached homes Land Size: 15.44 acres Sales Price: $4.32M, or $6.42 psf, or $60,000 per unit Reception No.: D7046052 Grantor: Castle-Prim LLC,…
John Winslow
May 18, 2017