Denver developer relocates his Porta Power Co. to $6 million industrial facility
Denver County Property Location: 10777 E. 45thAve., Denver Property Description: 56,796-sfindustrial building, YOC 1968, brick Land Size: 4.218 acres Sales Price: $6M, or $105.64 psf Reception No.: 2019001403 Closing Date: 1/4 Grantor: Scott Development Group LLC (Monida F. Scott, mgr.) Grantee: 3939 Williams Building Corp. (Byron Weiss, mgr.), 1717 E. 39thAve., Denver, Financing: Cash Comments: Buyer’s company, Porta Power, will relocate to this…
John Winslow
January 9, 2019Colorado firm acquires southwest Denver industrial building for $1.35 million
Denver County Property Location: 2301 S. Platte River Drive, Denver Property Description: 10,005-sf industrial building, YOC 1963, brick Land Size: 12,500 sf Sales Price: $1.35M, or $134.93 psf Reception No.: 2019001531 Closing Date: 1/4 Grantor: Warren & Bette Struble Grantee: Blanch Investments LLC (Russell Blanch, mgr.), 303-935-8889 Financing: $840,000 payable to Bank of Colorado, due in 10 years Comments: Listed by Jeff…
John Winslow
January 8, 2019Bullish Calbert moderating CREJ leaders panel
During his 45-year career, Brad Calbert has been in the trenches for every boom, bust and commercial real estate cycle between the two extremes in Denver. As a commercial real estate broker, Calbert has been involved in the sale or finance of more than 150 transactions that totaled more than 30 million square feet. Calbert's…
Kris Oppermann Stern
January 7, 2019South Carolina firm assembles RiNo properties for $10.1 million
Denver County 1. Property Location: 2620 Walnut St., Denver, "10 Barrel Brewing Restaurant" Property Description: 9,375-sf restaurant, YOC 1929, brick construction Land Size: 9,397 sf Sales Price: $5M, or $533.33 psf Reception No.: 2019000372 Closing Date: 12-20-18 Grantor: North of the Border LLC (Kenneth Wolf, 75%, & Ari Stutz, 25%) Grantee: Rino Edens LLC (Jodie W. McLean,…
John Winslow
January 7, 2019Residential developer steps into commercial market with $6.3M buy
A Denver townhome/condo developer is stepping into the commercial real estate market with plans to condominiumize a building he purchased in Inverness Business Park. A limited liability company managed by David Burcham of Sanctuary Properties bought a 54,770-square-foot flex building at 67 Inverness Drive East in Englewood for $6.3 million. The property is divided into…
Kris Oppermann Stern
January 6, 2019East Colfax motel sells to local hotel operator for $1.35 million
Denver County Property Location: 8415 E. Colfax Ave., Denver Property Description: 20 room-motel with 8,150 sf, YOC 1946, brick/frame Land Size: 11,375 sf Sales Price: $1.35M, or $67,500 per room, or $165.64 psf Reception No.: 2018153105 Closing Date: 11/29 Grantor: In Woo Corp. (Su Yeon Lee, pres.) Grantee: SS Motel LLC, et al. (Daniel Eugene Kim, mgr.) Financing:…
John Winslow
January 4, 2019ULC partners with city, county to create space for nonprofits
The former Adams County Human Services building in Commerce City will house multiple nonprofit organizations, a community food bank and more, thanks to the newly launched Metro Denver Impact Facility. Urban Land Conservancy, in partnership with Adams County and Commerce City, bought the approximately 80,000-square-foot building at 7190 Colorado Blvd. for $3.8 million. It was…
Kris Oppermann Stern
January 3, 2019Social club/bar/restaurant in Aurora sells for $1.51 million
Arapahoe County Property Location: 15821 E. Centretech Circle, Aurora Property Description: 9,120-sf social/recreation building, YOC 2003, brick/stucco Land Size: 1.5 acres Sales Price: $1.51M, or $165.02 psf Reception No.: D8119764 Closing Date: 11/30 Grantor: Retired Enlisted Association, Chapter 39, Charles D. Baum, pres.) Grantee: Robert Martinez, Aurora 80018 Comments: Listed and sold by Sandra Fish of Fish Realty,…
John Winslow
January 3, 2019Greenwood Village office building sells to Alvarado Development
Arapahoe County Property Location: 5654 Greenwood Plaza Blvd., Greenwood Village Property Description: 28,500-sf, three-story office building, YOC 1976/1987 Land Size: 39,876 sf Sales Price: $4.17M, or $167 psf Reception No.: D8120054 Closing Date: 12/7 Grantor: Frederick M. Haynes Grantee: Alvarado Development LLC (Linda G. Alvarado, CEO), 303-629-0783 Comments: Listed and sold by Alexander Brase, Craig Bustos, Kevin McKinnon…
John Winslow
January 2, 2019Retail buildings in Old Town Englewood snagged by Aurora businessman
Arapahoe County Property Location: 4300-4318-4320 S. Broadway, Englewood Property Description: 976-sf retail building, YOC 1926, with 3 parking spaces; 2,086-sf retail building, YOC 1951, with four surface parking spaces; & 1,878-sf retail building, YOC 1928, with four parking spaces – three buildings total 4,940 sf Land Size: 9,375 sf Sales Price: $825,000, or $167 psf Reception…
John Winslow
December 31, 2018