Kiddie Academy site sells for $12.75 per square foot
Douglas County Property Location: 10344 Park Meadows Drive, Lone Tree, “Kiddie Academy” Property Description: Vacant land, proposed 11,000-sf child care facility Land Size: 2.25 acres Sales Price: $1.25M, or $12.75 psf Reception No.: 2019002251 Closing Date: 1/11 Grantor: Denver United Land LLC (Robert Hess, mgr.) Grantee: Woodmont Lone Tree Academy LLC (Stephen Coslik, mgr.), 2100 W. 7thSt.,…
John Winslow
February 15, 2019
Lone Tree office building sells for $10 million
Douglas County Property Location: 10004 Park Meadows Drive, Lone Tree, “Park Meadows Corporate Center I” Property Description: 60,144-sf, three-story office building, YOC 1999 Land Size: 5.003 acres Sales Price: $10M, or $166.27 Reception No.: 2019003654 Closing Date: 1/22 Grantor: LRS Bay Road Investment Group LLC Grantee: Bailey Co LLLP, 601 Corporate Circle, Golden 80401, Attn: Robert T.…
John Winslow
February 14, 2019
Jackson Square Properties acquires Centennial Apartments for $74.5 million
Arapahoe County Property Location: 7338 S. Havana St., Centennial, “Elevate Apartments” Property Description: 285-unit apartment complex with 10 buildings, 235,008 sf net rentable area, YOC 2018, masonry/frameconstruction Land Size: 8.04 acres Sales Price: $74.5M, or $261,404 per door Density: 35.45 d/u per acre Reception No.: D9002772 Closing Date: 1/9 Grantor: 7338 Havana Development Company (JH. Curtis Keller),…
John Winslow
February 13, 2019
Texas investor acquires Cherry Creek Place III for $6.6 million
Arapahoe County Property Location: 3151 S. Vaughn Way, Aurora, “Cherry Creek Place III” Property Description: 107,364-sf, six-story office building, YOC 1981, masonry & glass construction Land Size: 3.246 acres Sales Price: $6.6M, or $61.47 psf Reception No: D9009649 Closing Date: 2/1/19 Grantor: AHC Metro Cherry Creek III LLC, Tom Zabor, Signatory Grantee: PBIV-3151 South Vaughn Way LP…
John Winslow
February 12, 2019
Downtown building to deliver like-new space
The former CenturyLink building at 930 15th St. will be reimagined as modern office space, creating a rare option for large tenants in downtown Denver. A floor-to-ceiling glass curtain wall system, robotic-lift parking, a rooftop terrace with a state-of-thee-art fitness center, and event and conference space will be added to the 223,000-square-foot building, which Rialto Capital…
Kris Oppermann Stern
February 11, 2019
KBS inks leases at Granite Tower, plans $10.5M renovation
KBS signed 384,716 square feet of leases at Granite Tower in the fourth quarter and is set to begin a $10.5 million renovation of the building this spring. The largest transaction was a 12-year, 295,743-square-foot lease extension with Anadarko Petroleum Corp. The lease was the largest to be signed in Denver in 2018, according to…
Kris Oppermann Stern
February 11, 2019
Colewood Apartments sells for record high $525.76 per rentable square foot
Denver County Property Location: 3860 Tennyson St., Denver, “Colewood Apartments” Property Description: 49-unit, five-story apartment, 36,804 sf rentable area, YOC 2017, & 21,294 sf structured parking with 50 parking spaces Land Size: 15,863 sf Sales Price: $19.35M, or $394,898 per unit, or $525.76 psf Reception No: 2019010751 Closing Date: 1/29/2019 Grantor: RPDG Tennyson Street LLC (J. David…
Kris Oppermann Stern
February 11, 2019
Harvest Junction retail center sees broad investor demand
A full spectrum of investor types took a look at buying the Harvest Junction retail center in Longmont, which records show sold for $61.15 million, or $166.20 per square foot. A partnership of Chicago based private equity real estate firm Walton Street Capital LLC and Alberta Development Partners, a Greenwood Village based developer and investor,…
Kris Oppermann Stern
February 9, 2019
Goldman Sachs/Unico Properties execute $437.5 million loan to Morgan Stanley on 11 Boulder buildings
Boulder County Property Location: 4780-4999 Peal East Circle, One Pearl Plaza Property Description: 11 separate office buildings totaling 491,672 sf, YOC 1988-1999, masonry construction Land Size: 18.81 acres Sales Price: $150M, or $305.08 psf Reception No.: 3694792 Closing Date: 1/18/2019 Grantor: UPI/P7 Pearl East LLC, c/o Unico Properties Grantee: Western Office Portfolio Property Owner LLC (Alexander Cheek,…
John Winslow
February 8, 2019
Colorado Tech Center sites sell to Louisville developer for $1.5M
Boulder County Property Location: 1411 & 1443 S. Arthur Ave., Louisville Land Size: 1. 3.57 acres & 2. 2.19 acres (total 5.76 acres) Sales Price: $1,45M, or $5.78 psf Reception No.: 3694890 Closing Date: 1/22/19 Grantor: Sky Trail Investments LLC, Alexander Topakas, mgr., 303-589-0123 Grantee: CTC Gateway LLC (Mike Eisenstein, mgr., & Justin Collier, 906 Main…
John Winslow
February 7, 2019
