Prime Commerce City industrial site sells for $1.1 million
Adams County Property Location: Northeast corner I-270 & Havana St., Commerce City Property Description: Vacant land zoned industrial Land Size: 3.53 acres Sales Price: $1.1M, or $7.15 psf Reception No.: 89664 2018 Closing Date: 11/2 Grantor: Royal Crest Enterprises LLC (William Kinney, Aaron Kinney & Anthony Spadafora, mbrs.) Grantee: SASS Land LLC (Matt S. Sass, mgr.), Douglas…
John Winslow
November 26, 2018
Lab on Platte sells to institutional buyer for $579 per square foot
The Lab on Platte, a 78,575-square-foot office building anchored by WeWork, sold to an institutional investor for $45.5 million, or $579 per sf, Denver County records show. Soma Capital Partners and CenterSquare Investment Management sold the building in a deal handled by Newmark Knight Frank Vice Chairman John Jugl Jr. and Associate Paul Donahue. The…
Kris Oppermann Stern
November 24, 2018
High-demand Denver industrial buildings command large dollars
Denver County Property Location: 5145 N Clarkson St. Property Description: 2,240-sf office/warehouse (630-sf office area), YOC 2006, metal construction, two-drive-in doors (10’ x 10’) with 12’ clear height Land Size: 9,355 sf Sales Price: $550,000, or $245.54 psf Reception No.: 2018146175 Closing Date: 11/13 Grantor: Blackwater LLC (Christopher J. Chapin, mbr.) Grantee: Drew Bisping 303-789-4759 Financing: Cash…
John Winslow
November 21, 2018
NKF multifamily team sells Northeast Denver apartments for $94.5 million
Denver County Property Location: 16505 Green Valley Ranch Blvd., Denver, “Strata Apts.” Property Description: 336-unit, three-story apartment community with 302,215 rentable sf, YOC 2016. There are 24 small one-bedroom units @ 592 sf; 118 midsize one-bedrooms averaging 681 sf & 26 large one-bedrooms at 784 sf. There are 12 two-bedroom/one-bath units @ 986 sf; 67 midsize…
John Winslow
November 19, 2018
Nate’s Import Automotive expands on adjoining site
Denver County Property Location: 1422 W. Alameda Ave., Denver Property Description: Misc. improvements (land value) Land Size: 12,500 sf Sales Price: $425,000, or $34.00 psf Reception No.: 2018146353 Closing Date: 11/13 Grantor: Surplus Tools & Commodities Inc. (Roger Allan Cox) Grantee: Nathaniel Ramos, 1430 W. Alameda Ave., Denver Financing: Cash Comments: Buyer acquired site next door to his 4,014-sf…
John Winslow
November 19, 2018
Longmont apartment community sells for $256,977 per unit
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Kris Oppermann Stern
November 16, 2018
Idaho developer lands site for Verizon build-to-suit
Denver County Property Location: SWC Tower Road & E. 46thAve., Denver Property Description: Vacant land, build-to-suit for Verizon Cellular Land Size: 19,556 sf Sales Price: $500,000, or $25.57 psf Reception No.: 2018141708 Closing Date: 10/31 Grantor: CP Bedrock LLC by: Tickly Bender Dev. LLC (Chris S. Flagg, VP) Grantee: HRM CSOK LLC, c/o Hawkins Companies, (Ryan Manteuffel,…
John Winslow
November 16, 2018
Central Development snags another 5.43 acres at Centennial business park
Arapahoe County Property Location: West side S. Blackhawk St. at E. Easter Place intersection, approximately 700 feet north of E. Fremont Ave., Centennial Property Description: Vacant industrial land Land Size: 5.426 acres Sales Price: $945,428, or $4 psf Reception No.: D8102864 Closing Date: 10/10 Grantor: Jordan-Arapahoe LLP (Chris M. Wittenbrink, mgr., et al.) Grantee: Encompass Land Venture…
John Winslow
November 15, 2018
Houston investor snags two marijuana-tenant Industrial buildings
Denver County 1. Property Location: 4600 Ironton St., Denver Property Description: 37,636-sf warehouse, YOC 1976, twin tee construction Land Size: 2.21acres Sales Price: $3.6M, or $95.65 psf Reception No.: 2018140225 Closing Date: 10/29 Grantor: BCP-4600 Ironton LLC (Chad A. Brue, mgr.), 303-500-8959 Grantee: GS Ironton LLC, Chris Calato, 832-301-3933, c/o Morningside Capital Comments: This building has been divided…
John Winslow
November 14, 2018
Alliance Residential pays $7.85 million for Uptown Denver site
Denver County Property Location: SEC & SWC E. 18thAve. & Marion St., Denver Property Description: Misc. improvements (land value) Land Size: 45,373 sf Sales Price: $7.85M, or $173.01 psf, or $35,202 per buildable unit Reception No.: 2018143156 @ 2018143129 Closing Date: 11/5 Grantor: Mile High Montessori Early Learning Centers (Pamela Harris, CEO) & Children’s Hospital Colorado (Jeff…
John Winslow
November 13, 2018
