LCP to renovate Denver Housing building into modern offices
Denver Housing Authority’s office building in Capitol Hill has a new owner that will transform the building into modern office space after DHA relocates in the coming months. An affiliate of Denver-based LCP Development LLC bought the six-story building at 777 Grant St. in Denver for $9 million. DHA will be relocating to a new…
Kris Oppermann Stern
December 30, 2018
Marijuana firm lands warehouse in northeast Denver for $3 million cash
Denver County Property Location: 3215 E 42ndAve., Denver Property Description: 33,194-sf warehouse, YOC 1958, brick construction Land Size: 47,376 sf Sales Price: $3M, or $90.38 psf Reception No.: 2018152019 Closing Date: 11/28 Grantor: Steele Street Partners LLC (David Karas, mgr.) Grantee: Green Drop Colorado LLP (Zac Larsen, mgr.) Financing: Cash Comments: Pt Lots 10-16, 17-24 Block 48, First…
John Winslow
December 28, 2018
Two downtown Castle Rock office buildings exchange hands
Douglas County 1. Property Location: 413 Wilcox St., Castle Rock Property Description: 5,276-sf, two-story office building, YOC 1971 Land Size: 10,498 sf Sales Price: $1.55M, or $293.78 psf Reception No.: 2018072825 Closing Date: 12/3 Grantor: Plum Creek Partners LLC (William D. Schlanger & Elaine S. Stucy, mgr.) Grantee: KNO Inc. Comments: Seller has been a tenant in the…
John Winslow
December 28, 2018
Downtown Frederick office/retail building trades at $2.36M
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Kris Oppermann Stern
December 26, 2018
Harbor adds to collection of historic buildings
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Kris Oppermann Stern
December 26, 2018
California investor buys industrial assets for a combined $17.51M
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Kris Oppermann Stern
December 26, 2018
West Colfax redevelopment site corralled at $80 per square foot
Denver County Property Location: 4190 W. Colfax Ave., Denver Property Description: formerly Andy’s Used Car Sales, with 1.239-sf sales office, YOC 1952 Land Size: 18,750 sf Sales Price: $1.5M, or $80 psf Reception No.: 2018152872 Closing Date: 11/28 Grantor: A-B & T LLC (Thomas & Brigitte Christianson, mbrs.) Grantee: 4190 West Colfax LLC (Matt D. Sanchez, 303-444-7368) Financing: $1.19M…
John Winslow
December 26, 2018
Samaritan’s Purse lands Douglas County industrial building
Douglas County Property Location: 8648 S. Peoria St., Englewood Property Description: 63,550-sf industrial building (9,530 sf office area), 20 dock-high doors, two drive-in doors, 24-foot-clear ceiling, ESFR fire sprinklered, YOC 2018 Land Size: 4.765 acres Sales Price: *$10.17M Reception No.: 2018070295 Closing Date: 11/15 Grantor: IBC Holdings (Brian C. Mott, mgr.), 303-674-1300 Grantee: Samaritan’s Purse (Phyllis T. Payne…
John Winslow
December 24, 2018
Hines buys U.S. Bank Tower on behalf of South Korean group
Hines acquired the U.S. Bank Tower in downtown Denver on behalf of a South Korean investor. The recorded price was $194.23 million. Ivanhoé Cambridge,, which owned the 26-story office tower in partnership with the State of Wisconsin Investment Board, sold the property to an affiliate of Samsung SRA Asset Management, records show. Located at 950 17thSt.,…
Kris Oppermann Stern
December 23, 2018
Boulder Holiday Inn Express to be ‘nicest’ in country
During an initial hearing on plans for a Holiday Inn Express & Suites off the Diagonal Highway, Boulder’s Planning Board advised the developer to “make it look good.”The result could be one of the nicest hotels of its kind. The 138-room hotel recently received site and use review approval following more than 2 1/2 years…
Kris Oppermann Stern
December 22, 2018
