Goldman Sachs finds a gem with the $121.75M purchase of the Pearl Apts. @ DTC
Denver County Property Location: 7571 E. Technology Way, “The Pearl Apartments at DTC” Property Description: 408-unit, three-story apartment complex with 17 buildings plus 6,411-sf clubhouse, 281,112 sf net rentable area, YOC 2014, brick/stucco construction Land Size: 16.526 acres Density: 24.7 d/u per acre Sales Price: $121.75M, or $297,677 per unit, or $433.10 psf Reception No.: 2018060565…
John Winslow
June 6, 2018
Zachary & Elizabeth Fisher House sells to UCHealth for $1.2 million
Adams County Property Location: 1954 Quentin St., Aurora, “Denver Fisher House” Property Description: Denver Fisher House, a nine-suite home for families of patients, with fully equipped kitchen, laundry room, dining/living room, sunroom Land Size: 26,711 sf Sales Price: $1.2M Reception No.: 2018000039773 Closing Date: 5/16 Grantor: Fitzsimons Redevelopment Authority, Steve P. VanNurden, pres. Grantee: The Regents of the University…
John Winslow
June 4, 2018
Pressure on cannabis growers could put space on market
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Kris Oppermann Stern
June 3, 2018
LoDo office towers with edge on parking trade for $189M
A pair of 17thStreet office towers that sit across the street from one another sold to a California buyer for $189 million. CIM Group bought the Guaranty Bank building at 1331 17thSt. for $103 million, or $467.57 per square foot, and paid another $86 million, or $449.90 per sf, for 1401 17thSt., according to Denver…
Kris Oppermann Stern
June 2, 2018
Developers team up on Littleton industrial park
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Kris Oppermann Stern
June 1, 2018
Pair of retail properties on Tennyson Street yield $3.33 million
Denver County Sale No. 1 Denver Property Location: 4342 Tennyson St., Denver Property Description: 4,750-sf retail building, YOC 1961, brick Land Size: 6,345 sf Sales Price: $1.73M, or $363.16 psf Reception No.: 2018056546 Closing Date: 5/10 Grantor: 44thPartners LLC Grantee: 540 Realty LLC, 165 Coleridge St., Brooklyn, NY 11235 Comments: Property was listed by Daniel Jimenez of Re/Max…
John Winslow
June 1, 2018
CIM Group acquires LoDo office towers for $189 million
Denver County Property Location: 1401 17thSt. & 1331 17thSt., Denver Property Description: 191,151-sf, 16-story office building, YOC 1983, & 218,906-sf, 13-story office building, YOC 1983 (renovated in 2007), total of 410,057 sf Land Size: 50,060 sf & 50,060 sf (total of 2.298 acres) Sales Price: $86M, or $449.91 psf, & $103M, or $470.52 psf (total of $189M,…
John Winslow
May 31, 2018
Yeti Cycles, Neenan propose outdoor lifestyle campus
Golden-based mountain bike company Yeti Cycles and Fort Collins-based developer and design-build firm The Neenan Co. announced proposed development plans to bring an outdoor lifestyle campus to Golden. The land is under contract and is located on the west side of Highway 93, five minutes north of downtown Golden, in unincorporated Jefferson County. “This proposed…
CREJ
May 30, 2018
Property Market Group closes on 2nd parcel at Huron/W. 29th Avenue
Denver County Property Location: 3000 Inca St., Denver Property Description: vacant Land Size: 22,760 sf Sales Price: $3.19M, or $140.25 psf Reception No.: 2018056371 Closing Date: 5/10 Grantor: Westfield-ProspectLLLP, Randy M. Schwartz, mgr. Grantee: ENR Denver Investment 2.0 LLC, c/o Noah Gotileb, mgr., 630-273-1260, 308 W. Erie, Suite 400, Chicago 60654 Comments: This sale contains a vacant lot…
John Winslow
May 30, 2018
City Park apartments snagged by Chicago investor for $9.52 million
Denver County Property Location: 1222 E. 16thAve. (1575 Lafayette St.), Denver Property Description: 41-unit, three-story apartment, 24,563 sf, YOC 1909 Land Size: 12,500 sf Sales Price: $9.53M, or $232,317 per door, or $387.78 psf Reception No.: 2018057501 Closing Date: 5/15 Grantor: 1575 Lafayette Denver LLC, c/o Heartwood Properties, Eric Mallon, mgr. Grantee: Lafayette Denver LLC, Corvue Holdings, Tom…
John Winslow
May 29, 2018
