JAG Trade 1

Industrial park lands for freight forwarders, small users

A company that’s developed industrial product next to some of the nation’s busiest airports has landed in Denver. Greenwich, Connecticut based J.A. Green Development Corp. will kick off the first, approximately 1 million square-foot phase of JAG Logistics Center at DIA in the first quarter. Located on 75 acres in the Porteos development, it will…

Jill Jamieson-Nichols

October 6, 2018

Adams County retail center is purchased by local investor for $2.8 million

Adams County Property Location: 7236 Federal Blvd., Denver, “La Conte Center” Property Description: 14,905-sf retail center, YOC 2005; 2,400-sf retail building, YOC 2004, & 1,856-sf fast-food restaurant, YOC 1976; (total of 19,161 sf) Land Size: 2.4 acres Sales Price: $2.8M, or $125.25 psf Reception No.: 74031 2018 Closing Date: 9/11 Grantor: LaConte, J&R Real Estate Administrative Trust (Brian…

John Winslow

October 5, 2018

Castle Rock Sam’s Club ground lease closes for $6.3 million

Douglas County Property Location: 5940 Promenade Road, Castle Rock Property Description: 136,482-sf, single-story big box Sam’s Club, YOC 2017, masonry construction plus 192-sf service station with pumps Land Size: 16.435 acres Sales Price: $6.3M Reception No.: 2018054793 Closing Date: 9/7 Grantor: Imperial Locust (Promenade Castle Rock, Alberta Development, Don Provost) Grantee: Brock Associates III LLC (Andrew Brock,…

John Winslow

October 4, 2018

Park Burger snags location in Washington Park

Denver County Property Location: 1066 S. Gaylord St., Denver “Park Burger” – Washington Park Property Description: 5,250-sf restaurant/tavern, YOC 2009, masonry Land Size: 5,670 sf Sales Price: $2.38M, or $452.38 psf Reception No.: 2018114926 Closing Date: 9/7 Grantor: 1066 South Gaylord LLC (Jennifer Carpanini, mgr.), c/o Tavern Hospitality Group, 303-733-0350 Grantee: Ten 66 South Gaylord LLC (Jean…

John Winslow

October 3, 2018
First Aurora Commerce Center

First Industrial to develop 555,840 sf at I-70 & E-470

First Industrial Realty Trust Inc. has launched its first development in the Denver market in 16 years with a new industrial park at Interstate 70 and E-470. The Chicago-based real estate investment trust, a longtime player in the Denver industrial market, is kicking off First Aurora Commerce Center with a 555,840-square foot speculative, state-of-the-art distribution…

Jill Jamieson-Nichols

October 2, 2018

Seller executes 1031 exchange from townhomes to retail center

Adams County Downleg of 1031 exchange - Sale of 30 townhomes at E. 121stAve. & Colorado Blvd., Thornton Property Location: 3783-3799, 3811-21-23-25-33-35-37-39-41-45-69-3875 E. 121stAve., Thornton Property Description: 30 two-story townhomes ranging from 1,068 to 1,319 sf, YOC 1985-2001, wood frame construction, 12 with single-car garages, all with basements ranging from 399 to 640 sf, total…

John Winslow

October 2, 2018
Palazzo Verdi, Fiddler's Green 1 & 2

Schnitzer West joins ownership of Fiddler’s Green buildings

Schnitzer West has formed a joint venture with The John Madden Co. to own and manage 726,742 square feet of Class A office space in Greenwood Village. The 100 percent-leased portfolio includes Palazzo Verdi, and Fiddler’s Green Center I and II. The deal brings Schnitzer West’s Denver commercial real estate portfolio, which includes the recently…

Jill Jamieson-Nichols

October 1, 2018

Four separate Denver industrial buildings fetch $7.96M

Denver County Property Location: 4230 Elati St., Denver Property Description: 16,932-sf manufacturing building, YOC 1973 Land Size: 35,801 sf Sales Price: $3.05M, or $180.13 psf Reception No.: 2018101374 Closing Date:8/9 Grantor: KBD Investments LLC (Nicole Kazenske & Anne Marie Dienstbach) Grantee: Herrick Durango Land Co. (Edward D. Herrick Jr., mgr.) Financing: $1.83M to Community Banks of Colorado…

John Winslow

October 1, 2018
Vib

TWC to bring new Vīb to River North Art District

TWC Management will develop Colorado’s first Vīb hotel in Denver’s River North Art District. Vīb is a locally inspired boutique hotel concept by Best Western Hotels & Resorts. The six-story Denver hotel will be located at 3560 Brighton Blvd. and will offer 112 rooms plus amenities focused on convenience, technology and social engagement. “The creativity,…

Jill Jamieson-Nichols

September 30, 2018
Church Ranch barn

Church Ranch developer to retain legacy

The Church Ranch homestead is out of the family after nearly 150 years, but the legacy will live on. Charles “Charlie” Church McKay, through two entities, sold the 6.1-acre property at 10050-10100 Wadsworth Blvd. in Westminster to an affiliate of Minnesota-based Dominium for $2 million. Terms of the deal require Dominium to restore a historic…

Jill Jamieson-Nichols

September 28, 2018