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Westmont Hospitality acquires DIA Embassy Suites for $49.5 million

Denver County Property Location: 7001 Yampa St., Denver Embassy Suites Property Description: 174 (renovated, two-room) hotel suites within six-story hotel, 174,550 sf, YOC 2002, renovated 2016, 24-hour fitness center, 4,000-sf ballroom Land Size: 4.29 acres Sales Price: $49.54M, or $283.81 psf, or $284,705 per unit Reception No.: 2018097857 Closing Date: 8/1 Grantor: AP/AIM DIA Suites LLC, c/o Blackstone…

John Winslow

September 4, 2018
Boulder Commons

Boulder Commons to add more office, plus apartments

One of the largest multitenant net-zero-energy developments in the country will begin to grow early next year as Morgan Creek Ventures starts the second and final phase of Boulder Commons. In addition to more office and retail space, the next phase will include a 45,000-square-foot net-zero apartment building with 38 units. “We’ve been wanting to…

Kris Oppermann Stern

September 3, 2018
Concord Business Center Building 6

User pays $165 per square foot for core-and-shell building

This post is only available to subscribers of the the Colorado Real Estate Journal. If you have a subscription, please log in to view this post. If you do not […]

Kris Oppermann Stern

August 31, 2018

Land adjoining Gaylord Rockies hotel snagged for $45 million

Adams County (First Transaction) Property Location: SWC E. 64thAvenue & Picadilly Road, Aurora Property Description: Vacant land Land Size: 500 acres Sales Price: $30M, or $60,000 per acre Reception No: 64184 2018 Closing Date: 8/7 Grantor: 64thHoldings LLC (Rodrick Weimer, mgr.) Grantee: Painted Prairie Owner LLC, c/o PCCP LLC, c/o Pacific Coast Capital Partners, James Nearon, SVP…

John Winslow

August 28, 2018
The Ritz-Carlton, Denver

Xenia Hotels & Resorts acquires Ritz-Carlton for $100.25 million

Xenia Hotels & Resorts Inc. has acquired The Ritz-Carlton in downtown Denver for $100.25 million, or approximately $496,000 per key. "We are excited to have added a premier luxury hotel in one of our long-term core markets to our portfolio," said Marcel Verbaas, chairman and chief executive officer of Xenia. "As one of the few…

Kris Oppermann Stern

August 27, 2018

Internet service provider acquires site for headquarters in Dove Valley

Arapahoe County Property Location: SEC E. Broncos Pkwy. & E. Jamison Circle; east corner E. Jamison Circle & S. Wheeling Court, Englewood Property Description: Vacant land Land Size: 2.17 acres Sales Price: $421,992, or $4.47 psf Reception No.: D8073368 Closing Date: 7/25 Grantor: DV2 LLLP, c/o The Urban Group LLC (Don Weaver, mgr.) Grantee: Ting Fiber Inc.,…

John Winslow

August 27, 2018
3351 Eastbrook

McWhinney buys Fort Collins office building for $4.55M

This post is only available to subscribers of the the Colorado Real Estate Journal. If you have a subscription, please log in to view this post. If you do not […]

Kris Oppermann Stern

August 24, 2018

Aurora neighborhood retail strip center sells for $3.75M

Arapahoe County Property Location: 2300-2350 S. Chambers Road, Aurora Property Description: 35,756-sf retail strip-center, YOC 1985, masonry Land Size: 3.745 acres Sales Price: $3.75M, or $104.88 psf Reception No.: D8073430 Closing Date: 7/24 Grantor: ADRE Country Square LLC (Andy Klein, mgr.) Grantee: Country Square Plaza LLC by: Miller Real Estate Investments LLC (David Goldberg, mgr.) Financing: $2.62M…

John Winslow

August 24, 2018

Investor nabs Castle Rock retail center for $619 per square foot

Douglas County Property Location: 830 New Memphis Court, Castle Rock Property Description: 5,732-sf retail strip-center, YOC 2016, brick Land Size: 37,462 sf Sales Price: $3.55M, or $619.33 psf Reception No.: 2018041051 Closing Date: 7/5 Grantor: Skyline Locust LLC, c/o Alberta Development (Donald G. Provost, mgr.) Grantee: North Dakota Holdings LLC (Paul J. Zueger, mgr.), 303-596-0566 Comments: Listed…

John Winslow

August 23, 2018

Aurora lands industrial developer for Porteos Business Park

Adams County Property Location: Vicinity of northeast corner of East 64thAve. (extended) & Harvest Road, also fronts westerly side of Jackson Gap Road, Aurora Property Description: Vacant land, first phase Land Size: 75.6 acres Sales Price: $2.39M, or $0.73 psf Reception No.: 2018000056918 Closing Date: 7/13 Grantor: ACP DIA 1287 Investors c/o Bill Wichterman, 602-448-9392 Grantee: Green…

John Winslow

August 22, 2018