City of Thornton lands proposed 85,000-sf, two-story charter school
Adams County Property Location: Northwest corner Grant St. & Grant Drive, fronts on east side of Interstate 25, 1/8 mile south of E. 128thAve., Thornton Property Description: Vacant land Land Size: 14.721 acres Sales Price: $2.3M, or $3.57 psf Reception No.: 2018000100822 Closing Date: 12-14-18 Grantor: Banner Health, Rebecca Kuhn, COO, Phoenix, AZ 85012; see www.bannerhealth.com Grantee:…
John Winslow
January 28, 2019Erie buys 255 acres at its ‘front door’ for $6.35 million
The town of Erie has acquired 255 acres of land at the gateway to the town in a $6.35 million transaction. The land is located at the northwest corner of Interstate 25 and Erie Parkway in Weld County. “This property is one of the most visible interstate highway corners in the northern metro submarket and…
Kris Oppermann Stern
January 27, 2019Aspen Hills Apartments proposed in Commerce City
Adams County Property Location: E/S Altura St., 250 feet south of E. 104thAve., Commerce City Property Description: Vacant, proposed apartments Land Size: 7.161 acres Sales Price: $2.11M, or $6.78 psf, or $11,747 per buildable unit Reception No.: 2018000102010 Closing Date: 12-21-18 Grantor: SW 104thLLC (Michael D. Bergmann, mgr.) Grantee: Aspen Hills Apartments LLC Comments: The apartments will contain…
John Winslow
January 25, 2019Investors keen on Denver hotels as demand increases with supply
The $92 million sale of a downtown Denver hotel capped off a year of heightened investor interest in the metro area’s hotel market that is expected to continue into this year. The 228-room Residence Inn by Marriott Denver City Center at 1725 Champa St. was among a half-dozen hotels to close in the final weeks…
Kris Oppermann Stern
January 24, 2019Westminster Lodo’s sports bar trades for $2.59M
Adams County Property Location: 3053 W. 104thAve., Westminster, “Lodo’s Bar & Grill Property Description: 8,909-sf restaurant/sports bar, YOC 2007 Land Size: 2 acres Sales Price: $2.59M, or $290.16 psf Reception No.: 2018000103634 Closing Date: 12-17 Grantor: Grove Street Land Company LLC (Christopher Myers, mbr.) Grantee: MCSV 3053 West 104thAvenue LLC (Kenneth Monfort, mgr.) Financing: $18.7 million payable to…
John Winslow
January 24, 2019Evergreen Devco acquires retail site in Thornton for $1.76 million
Adams County Property Location: NEC E. 144thAve. & Washington St., Thornton Property Description: Vacant, proposed retail center Land Size: 5.857 acres Sales Price: $1.77M, or $6.92 psf Reception No.: 20180004188 Closing Date:12-28-18 Grantor: Big Dry Creek Investors LLC, c/o Stargate School, Calley Herzog, pres.) Grantee: Evergreen-144thWashington NEC LLC Comments: Tract D1, Stargate Charter School Subdivision Amendment No.…
John Winslow
January 23, 2019Louisville investor acquires neighborhood center in Westminster for $1.1 million
Adams County Property Location: 3200 W. 72ndAve., Westminster, “RMS Center” Property Description: 8,400-sf retail building, YOC 1963, brick Land Size: 12,630 sf Sales Price: $1.1M, or $130.95 psf Reception No.: 20180004188 Closing Date: 12-28-18 Grantor: M. Alice Lehman Grantee: 72nd Corner LLC (Michael Eisenstein, mgr.), Louisville 80027 Comments: This property was listed for sale by Brad Brooks of…
John Winslow
January 22, 2019Nuveen snags Denver CBD office tower for $110.9 million
Denver County Property Location: 1600 Broadway, Denver Property Description: 444,595-sf, 26-story office building, YOC 1971, LEED Gold certified, Energy Star building with 350 parking spaces in a three-level underground parking garage Land Size: 40,075 sf Sales Price: $110.9M, or $249.44 psf Reception No.: 2019003682 Closing Date: 1-10-19 Grantor: LBA Realty Realty Fund II WBP IV LLC (Steven R.…
John Winslow
January 21, 2019Tritower buys Avista Pharma buildings for $18 million
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Kris Oppermann Stern
January 20, 2019High-profile Forum office building trades for $14.25 million
A high-profile office building with value-add potential sold to a Colorado investor for $14.25 million, or $81.60 per square foot. HCF Forum LLC bought the Forum, a 174,622-sf building at 14001 E. Iliff Ave. in Aurora, from Forum Three LLC. The seven-story building, visible along Interstate 225, was 76 percent occupied. Marc Lippitt “It’s a…
Kris Oppermann Stern
January 20, 2019