Blackstone sells Hilton Garden South for $17.9M
Douglas County Property Location: 9290 Meridian Blvd., Englewood, “Hilton Garden Inn South Property Description: 157-room, six-story, 85,785-sf hotel, YOC 1999 Land Size: 3.47 acres Sales Price: $17.9M, or $114,013 per key, or $208.66 psf Reception No.: 2018070295 Closing Date: 12/3 Grantor: BRE SH Denver South Owner LLC, c/o Blackstone, Byron Blount, VP Grantee: MCR Hospitality REIT LLC, Dallas,…
John Winslow
December 21, 2018
Housing authority office building at 777 Grant St. sells for $9 million
Denver County Property Location: 777 Grant St., Denver Property Description: 66,866-sf, six-story office building, YOC 1972 Land Size: 40,623 sf Sales Price: $9M, or $221.55 psf (land value), or $134.60 psf (with imp.) Reception No.: 2018152550 Closing Date: 11/28 Grantor: The Housing Authority of the City of Denver (Ismael Guerrero, exec. dir.) Grantee: LCP 777 LLC, Jonathan Bush,…
John Winslow
December 20, 2018
Denver Shops selected for Rocky Mountain Real Estate Challenge
Land Title Guarantee Co. and NAIOP Colorado (the Commercial Real Estate Development Association) selected the 40.5-acre Denver Shops, located at 5151 Bannock St. in Denver, as the project site for the 17th annual Rocky Mountain Real Estate Challenge May 2. The challenge is the premier real estate competition that pairs graduate-level students from the University of…
CREJ
December 19, 2018
Iron Woman Construction acquires Sheridan industrial site
Arapahoe County Property Location: 2200 W. Radcliff Ave., Sheridan Property Description: 1,984-sf auto garage building on large auto salvage lot Land Size: 6.883 acres Sales Price: $2.95M, or $9.84 psf Reception No.: D8119739 Closing Date:12/4 Grantor: Parts Depot LLC (Charlotte Weems, mbr.) Grantee: 2200 West Radcliff LLC, 5680 Emerson St., Denver 80216, c/o Iron Woman Construction, Clare…
John Winslow
December 19, 2018
Stapleton retail site sells to Evergreen Devco for $11.45 per square foot
Denver County Property Location: NEC Central Park Blvd. & E. 56thAve., Denver Property Description: Vacant retail site Land Size: 6.8 acres Sales Price: $3.39M, or $11.45 psf Reception No.: 2018152093 Closing Date: 11/28 Grantor: FC Stapleton II LLC (Jim Chrisman, VP) Grantee: Evergreen 56th& Central Park LLC, c/o Evergreen Devco Inc., Tyler Carlson, EVP 303-757-0401 Comments: Proposed shopping…
John Winslow
December 18, 2018
Westfield lands Rocky Mountain Prestress site
Adams County Property Location: Northwest corner W. 56thAve. & Pecos St., also fronts north and south sides of C&S Railroad right of way (5801 Pecos St.), Denver Property Description: 42,772-sf manufacturing building, YOC 1979; 11,020-sf service garage, YOC 1979; 15,844-sf warehouse, YOC 1979; 11,850-sf office building, YOC 1959, 8,600-sf office building, YOC 1970; 32,544-sf storage…
John Winslow
December 17, 2018
Specialized medical building in Golden trades for $26.6 million
An institutional investor paid $26.6 million, or $411.97 per square foot, for a medical office building and surgery center in Golden, according to Jefferson County records. MBRE Healthcare, which owns more than 11 million square feet of health care facilities across the country, purchased Panorama Medical Center from an affiliate of LNR Partners LLC. The…
Kris Oppermann Stern
December 16, 2018Next evolution of T3 building set for site in River North
The next evolution of Hines’ T3 (timber, transit and technology) office product is coming to Denver’s River North Art District. McCaffery, Hines and Ivanhoé Cambridge will develop the approximately 250,000-square-foot building on 1.1 acres they recently purchased at 3500 Blake St., a short walk from the 38th& Blake commuter-rail station. The six-story building will be…
Kris Oppermann Stern
December 15, 2018
Basham buys Church Ranch building leased to Staples for $12.5M
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Kris Oppermann Stern
December 14, 2018Brennan Investment to develop industrial park in Commerce City
A Chicago-based developer that entered Denver’s southeast industrial submarket last year is reaching into the northern metro area with plans for just under 1 million square feet of Class A industrial product. Brennan Investment Group, in a joint venture with New York Life Real Estate Investors, bought 61.4 acres of land at East 112thAvenue and…
Kris Oppermann Stern
December 14, 2018
