Douglas County Property Location: 410 S. Wilcox St., Castle Rock Property Description: 11,911-sf medical office building, YOC 1994 Land Size: 1.428 acres Sales Price: $3.03M, or $253.97 psf Reception No.: 2017025922 Grantor: D & J Medical LLC, Dr. Jack England, mgr. Grantee: Wilcox Capital LLC, Calvin Van Essen, mgr., 303-916-1600 Closing Date: 4/14 Comments: See APN: 2505-113-09-023. Property…

The Northern Colorado Interstate 25 corridor always seems to be on the verge of taking off. "That whole northern I-25 corridor is red-hot," according to a prominent commercial real estate consultant. She told me that in 2003, when I was the real estate editor of the Rocky Mountain News. Anyone who makes the drive from…

Douglas County Property Location: 8109 Blakeland Dr., Littleton, “Scarlet Ranch Lodge” Property Description: 7,914-sf restaurant, plus 7,668-sf basement area, YOC 1997, masonry/wood construction Land Size: 3.32 acres Sales Price: $1.68M, or $211.65 psf Reception No.: 2017021972 Grantor: F&P Land Company LLC, Christine Stahl, mgr. Grantee: Harcus Holdings LLC, Kendall Seifert, mgr. Closing Date: 3/31 Financing: $1.58M, @ 7%…

Arapahoe County Property Location: Vic. northwest corner S. Parker Road & E. Arapahoe Road, Centennial Property Description: Vacant land, proposed 3,706-sf “Raising Cane’s Restaurant” Land Size: 66,549 sf Sales Price: $2.06M, or $30.95 psf Reception No.: D7042297 Grantor: Arapark LLC c/o Kelmore Development, Bob Kountz, 303-779-1800 Grantee: National Retail Properties LP, Orlando, FL, Chris P. Tessitore, EVP…

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Adams County Property Location: 1325 E. 58th Ave., Denver Property Description: 40,500-sf warehouse, YOC 1974, masonry Land Size: 2.01 acres Sales Price: $3.61M, or $89.14 psf Reception No.: 31909-2017 Grantor: Blue River Venture LLC, James & Jacob Robertson, mgrs. Grantee: 5 Palms Properties LLC 5, Steve Morgan & Steve Norton, mbrs. 303-308-1325, Denver 80216 Closing Date: 4/11 Financing:…

Ever since I broke the story last July that the Cherry Creek Shopping Center would begin charging for parking in 2017, shoppers and many tenants in Denver’s premier mall have been, shall we say, upset. Last month, an ipetitions.com site was launched to try to convince Cherry Creek to once again provide free parking, as…

Arapahoe County Property Location: 801/901 Englewood Pkwy., Englewood, “Alexan City Center” Property Description: 226-unit apartment complex, six buildings plus 3,325 sf-clubhouse, 201,036 sf, YOC 2001, brick veneer; 212-unit apartment complex, five buildings, 186,903 sf, YOC 2002, brick, & four-story 115,112-sf parking garage Land Size: 10.521 acres Sales Price: $97M, or $221,461 per unit, or $240.43 psf Reception…

Denver County Property Location: 1385 S. Inca St., Denver Property Description: 11,035-sf warehouse, YOC 1961, brick, 5 drive-in doors Land Size: 28,566 sf Sales Price: $1.4M, or $126.87 psf Reception No.: 2017037895 Grantor: Svedin & Lewis Invest LLC, Peter Svedin & Jason Lewis, mgrs. Grantee: GHI LLC, Dave Gartland & David Ipson, mbrs., 303-892-1973, c/o Boa Construction Inc.,…

Riki Hashimoto’s phone was ringing off the hook late last week. Anxious investors had one question for the commercial real estate broker after President Donald Trump released his still skeletal outline for tax reform last Wednesday: “Are 1031 exchanges going away?” While a lot of media ink was devoted to things like the proposed 15…