Millwork company crafts lease for space at Colo. Trade Center
A custom millwork company leased 65,126 square feet of industrial space at the Colorado Trade Center near Interstates 25 and 70 in Denver. Freelance Enterprises, which manufactures commercial millwork, will expand out of its current location at 1851 W. 52ndAve. to the new space at 5151 Bannock St. this summer. “Colorado Trade Center delivered on…
Kris Oppermann Stern
May 18, 2018Idaho buyer pays $9.69 million for Drake Crossing retail center
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Kris Oppermann Stern
May 18, 2018Confluent Development Group to build six-story Westin in Greenwood Village
Arapahoe County Property Location: SEC Interstate 25 & East Caley Ave., Greenwood Village Property Description: Vacant land, 203-room Westin Hotel proposed Land Size: 1.77 acres* Sales Price: $1.6M, or $20.77 psf Reception No.: D8041902 Closing Date: 4/30 Grantor: Greenwood Village Hotel LLC Grantee: G-C GWV Land LLC, c/o Confluent Development, Randy Coakley, VP-real estate, 303-573-6500 Financing: Cash Comments: Total…
John Winslow
May 18, 2018Bell Tower site under contract
Bell Tower, if it had been built, arguably would have been the most architecturally unique tower ever to have graced Denver’s skyline. “The striking design and highly visible location will make it an instant landmark,” Ken Schroeppel, the creator of DenverInfill.com, told me in February 2009, when I was the real estate editor of the Rocky…
Kris Oppermann Stern
May 16, 2018Willow Run Village apartments sell for $50 million
Broomfield County Property Location: 12616 Zuni St., Broomfield, “Willow Run Village Apts.” Property Description: 216-unit apartment with 222,768 sf, YOC 1999, updated in 2017, frame construction, 26 buildings Land Size: 10.52 acres Sales Price: $50M, or $231,481 per unit Closing Date: 4/5 Grantor: GB Willow Run LLC c/o Griffis Blessing Inc., Gary Winegar, mgr. Grantee: MOB Park…
John Winslow
May 15, 2018Lakewood apartments snagged by New York investor for $38.5 million
Jefferson County Property Location: 3324 S. Field St., Lakewood “The Ranch at Bear Creek Apts.” Property Description: 201-unit apartment community with 194,335 sf, YOC 1973, updated in 2017, frame construction, 26 buildings Land Size: 12.03 acres Sales Price: $38.5M, or $191,542 per unit Reception No.: 35408 2018 Closing Date:4/19 Grantor: Aukum Tanglewood Investors LLC, Jason Fuchs, mgr.…
John Winslow
May 14, 2018CBD oil manufacturer goes big with $12M buy
A site near Watkins that houses a large CBD manufacturing firm sold for $12 million. The deal included 101.39 acres with 368,147 square feet of industrial and office space at 34501 E. Quincy Ave. in Arapahoe County. The buyer was APPoGee Kazmira LLC. Kazmira LLC is an industrial-scale manufacturer of THC-free CBD oil and isolate…
Kris Oppermann Stern
May 13, 2018Brookdale Meridian of Englewood title transfers for $84.1 million
Arapahoe County Property Location: 3455 S. Corona St., Englewood Property Description: 193 independent units & 72 skilled units, 8-story senior/assisted-living facility, 249,424 sf, YOC 1986 Land Size: 3.91 Acres Sales Price: $84.1M, or $317,370 per unit Reception No.: D8032185 Closing Date: 4/2/2018 Grantor: S-H Thirty-Five PropCo – Englewood Meridian LLC, c/o HPC Inc., 1920 Main St., Suite 1200, Irvine,…
John Winslow
May 10, 2018Development dilemma: CREJ conference explores ‘What Would I Develop’
Development question: Does it make any sense to bring more apartments, offices, retail projects to the Denver area today? “What would I develop?" is an especially intriguing question in the Denver area today, given the number of construction cranes dotting the landscape, rising labor and land costs, and increasing opposition to development from neighborhood groups…
Kris Oppermann Stern
May 10, 2018New pharmacy slated near Castle Rock hospital
Douglas County Property Location: West corner of Meadows Blvd. & Ambrosia St., Castle Rock Property Description: Vacant retail pad site, proposed pharmacy Land Size: 82,247 sf Sales Price: $1.69M, or $20.59 psf Reception No.: 2018016904 Closing Date:3/23 Grantor: Castle Rock Dev, Stephanie L. McCandless, pres., 303-394-5521 Grantee: CVS 11104 CO LLC, One CVS Drive, Woonsocket, RI 02895…
John Winslow
May 7, 2018