Benedetti buys Park Technology Center for $19.3 million
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Kris Oppermann Stern
January 18, 201950-year-old Englewood bar sold to Littleton investor for $480,000
Arapahoe County Property Location: 3142 W. Hampden Ave., formerly “Too Drinks Lounge” Property Description: 1,916-sf bar/restaurant, YOC 1965, masonry construction Land Size: 16,105 sf Sales Price: $480,000, or $250.52 psf Reception No.: D9000162 Closing Date: 12/31 Grantor: Elias B. Andrade Grantee: Big Time Properties LLC (Anthony Acosta, mgr.) Financing: Cash Comments: Listed by John Hernandez Realty, Desiree Flores, 720-338-8107 Comp…
John Winslow
January 17, 2019Englewood retail condominium investment on South Broadway sold for $2.25 million
Arapahoe County Property Location: 3401 S. Broadway, Englewood, “Broadway Lofts” Property Description: 6,073-sf retail condo building, YOC 2017, masonry construction Land Size: 7,576 sf Sales Price: $2.25M, or $370.49 psf Reception No.: D9000352 Closing Date: 1/2 Grantor: Drake Englewood Partners LLC (Jonathan Power, mgr.) Grantee: Gardner Development LLC (Sheldon & Amber Gardner, mgr.), Montrose Financing: $1.55M @ 5.5% payable to FirstBank,…
John Winslow
January 16, 2019E-Trade building in Centennial sold to Hawaiian investor for $16.9 million
Arapahoe County Property Location: 7103 S. Revere Parkway, Centennial Property Description: 58,405-sf office building, YOC 1984, masonry construction Land Size: 4.811 acres Sales Price: $16.89M, or $289.25 psf Reception No.: D9000889 Closing Date: 1/2 Grantor: Xchange Solutions Inc. for TCA Stephen Finn, Trust Company of America Inc. Grantee: WPC Centennial LLC (Honolulu, Hawaii 96815) Financing: Cash Comments: Property was listed by Brad…
John Winslow
January 15, 2019Social Security building in Littleton sold to California investor
Arapahoe County Property Location: 8000 Southpark Lane, Littleton Property Description: 12,064-sf office (single-tenant) YOC 2001, brick construction Land Size: 1.25 acres Sales Price: $2.81M, or $233.14 psf Reception No.: D9000995 Closing Date: 1/2 Grantor: Southpark 8000 LLC (Gary Mandelbaum, mgr.) Grantee: I&J Partnership, c/o ICO Investment Group Inc., Alexander Moradi, mbr., 9301 Wilshire Blvd., Suite 315, Beverly Hills, CA 90210,…
John Winslow
January 14, 2019Self-storage REIT pays $8.85 million for Arvada Life Storage facility
One of the world’s largest real estate investment trusts paid $8.85 million for a newly completed self-storage facility in Arvada. Developer Blue Wing Capital Management sold the 637-unit Life Storage property at 14872 E. 69thAve. to Public Storage, the largest self-storage REIT. Adam Schlosser, first vice president investments, and Charles “Chico” LeClaire, executive managing director…
Kris Oppermann Stern
January 12, 2019Boulder startup subleases 17,428 square feet of flex space
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Kris Oppermann Stern
January 12, 2019Freeman Capital buys development site in Colorado Tech Center
A local partnership has acquired one of the last development sites in the Colorado Tech Center in Louisville for construction of an 83,000-square-foot flex building. Freeman Capital Management, led by Andrew Freeman, purchased the 6.8-acre site at 1875 and 1923 Taylor Ave. from Barry Manley for $1.25 million. Freeman is working with RVP Architecture to…
Kris Oppermann Stern
January 11, 2019Longtime Denver plumber acquires building near West 29th & Sheridan for $1.7 million
Denver County Property Location: 5005 W. 29thAve., Denver Property Description: 3,651-sf, three-bay auto service garage, YOC 1973, masonry Land Size: 13,034 sf Sales Price: $1.7M, or $465.63 psf (improvements), or $130.43 psf (as if vacant) Reception No.: 2019001319 Closing Date: 1/4 Grantor: Vigil Holdings LLC (Joe Vigil, mgr.), 303-477-0210 Grantee: 5005 W. 29thAve LLC (John Ward, mgr.), 303-232-6611 Financing: Cash Comments:…
John Winslow
January 11, 2019Denver roofing company lands $3 million SBA loan from North Carolina bank
Denver County Property Location: 4750-4780 York St., Denver Property Description: 14,725-sf industrial building, YOC 1975 Land Size: 32,963 sf Sales Price: $1.6M, or $108.66 psf Reception No.: 2019001392 Closing Date: 1/2 Grantor: Tichy Leasing LLC (Robin J. Tichy, mbr.) Grantee: Advent Real Estate Holdings LLC, c/o Alpine Roofing, (Samuel DePizzol & Randall W. Hammond, mgrs.), 303-295-7769 Financing: $3M SBA loan, payable to…
John Winslow
January 10, 2019