Northstar Commercial Partners added value to a pair of Aurora office buildings and sold them for twice what it paid. Cherry Creek Place I and II sold for a total of $39.67 million. Northstar had owned Cherry Creek Place II at 3190 S. Vaughn Way since 2009, when it paid $4.6 million for the asset.…

A rail-served industrial property in Commerce City changed hands at $5.1 million. Denver-based Flywheel Capital purchased the Intsel Steel West building at 6300 Clermont St. from McCallin Real Estate LLC. The 4.39-acre site includes a 59,638-square-foot warehouse with 2,492 sf of office space, plus a 5,306-sf freestanding office building. The property offers a compelling mix…

This is the seventh in the series on Denver’s “Whale Sites,” defined as extremely prominent and underdeveloped land parcels whose size and location will define Denver’s future growth and development. Examples include the Burnham Yard, Upper Fox, Elitch Gardens, Broadway Station Area and Denver Design District. Introduction Sometimes a significant real estate opportunity is in…

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Denver County Property Location: Northwest corner E. Third Ave. & Logan St., (325-355 Logan St.), Denver Property Description: Land value, 171 units planned, including 92 one-bedroom units, 74 two-bedrooms and five three-bedroom units, with 245 parking spaces Land Size: 44,082 sf Sales Price: $10.5M, or $238.19 psf, or $61,403 per buildable unit Reception No.: 2018078263 Closing Date: 6/25…

Jefferson County Property Location: 11149 Bradford Road, Littleton Property Description: 36,841-sf warehouse, YOC 2006 Land Size: 3.02 acres Sales Price: $7.63M, or $207.00 psf Reception No.: 2018048576 Closing Date: 5/30 Grantor: Lot 17A, B1, KCBP LLLP, Allan R. Ojala, mgr. Grantee: Advanced Property Services LLC, Ty Correy, mgr., 303-756-7663 Financing: Cash Comments: Dan Bartell of Bartell and…

A Boulder cannabinoid company leased a former GE Healthcare building in Golden for its headquarters and operations. Boulder Botanicals & Bioscience Labs leased the 26,180-square-foot facility at 1150 Catamount Drive with an option to buy the building. The property will serve as headquarters for several other sites throughout Colorado, including a 70-acre hemp farm in…

Spinghill Business Center, a multitenant industrial property in Aurora, sold to a local investment group for $6.3 million, or approximately $96 per square foot. Ohio Senior Housing Properties LLC, which traditionally has been an apartment owner but is venturing into other asset types, purchased the property at 909-943 Telluride St. and 908-950 Salida Way. The…

A 20,163-square-foot retail center at the northwest corner of Ken Pratt Boulevard and Sherman Drive in Longmont sold for $3.84 million. Developer David Chaknova of Nova Sherman LLC and Nova Sherman AZ LLC sold Sherman Station to Valley Interests LP. AutoZone and the St. Vrain Valley Habitat for Humanity ReStore occupy the center on long-term…

Denver County Property Location: 3305 Larimer St., Denver Property Description: 9,264-sf warehouse, YOC 1973, brick construction Land Size: 12,500 sf Sales Price: $1.7M, or $183.51 psf Reception No.: 2018065046 Closing Date: 5/31 Grantor: Ralph B. Long Grantee: Larimer Place LLC, Matthew Palmer, mgr., 3300 Walnut St., Suite 117, Denver 80205 Comments: The buyer owns 3300 Walnut and…