A team from the University of Denver won the Rocky Mountain Real Estate Challenge Thursday night with plans for a residential-focused development anchored by a senior living campus. The competition spotlighted RK’s 14-acre industrial property at 3800 Xanthia St. in Denver’s Stapleton neighborhood. Given difficult access, the residential surroundings and strong demographics, DU team Odyssey…

Denver County 1. Address: 76-98 S. Broadway, “The Werner Building” & One East Bayaud Ave., “The White Palace Apartments,” Denver Improvements: The White Palace Apartments includes 20 units (10 one-bedroom/one-bath units at 550 sf that rent for $1,395; eight one-bedroom/one baths @ 420 sf that rents for $1,345/mo.; and two one-bedroom units @ 420 sf…

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Prologis made a true blockbuster announcement this week when it said it would pay $8.4 billion for Denver-based DCT Industrial Trust. It appears to be the second-largest industrial real estate transaction ever. Ironically, the only bigger industrial deal occurred in 2011, when AMB Property Corp. paid $8.7 billion in stock for the larger Prologis. AMB,…

Denver County Address: 1729 Pennsylvania St., Denver Improvements: 6,267-sf, three-story boarding home, YOC 1907, brick Land Size: 6,695 sf Date of Recording: 3/30 Reception No.: 20180038145 Price: $1.8M, or $287.22 psf Grantor: 1729 Pennsylvania LLC Grantee: MW Partners LLC, Waylon Wouters Comments: This sale was handled by Pinnacle Real Estate Advisors with Erik Toll and J.B. Hochman representing the…

LBA Realty purchased the Ferguson Enterprises building at 1840 W. Oxford Ave. in Sheridan for $14.82 million. CBRE’s Jim Bolt, Tyler Carner and Jeremy Ballenger represented the seller, Cadence Capital of Greenwood Village. Cadence Capital initially purchased the building in 2017, following the closure of Red & Jerry’s, a sports betting lounge and family entertainment center…

The Ramble Hotel is celebrating its grand opening this week, becoming the first hotel to be unveiled in the River North Art District. The 50-room boutique hotel at 25thand Larimer streets melds a classy, comfortable interior with a brick exterior reminiscent of the warehouses that defined the neighborhood. Gravitas Development, which developed and will operate…

Adams County 1. Address or Location: 2550 East 70th, Denver Improvements: 5,525-sf metal industrial building, YOC 1993, 16’ clear, three 14’x16’ drive-in doors, radiant heat & floor drains Land Size: 2 acres Date of Recording: 3/23 Reception No.: 2018000022414 Price: $1.4M, or $253.39 psf Grantor: Hilltop Subdivision Partnership LLP, Steven S. McWilliams, mgr. Grantee: Platinum Realty Group LLC, Mario Mendoza,…

Denver County Address: 5075 S. Syracuse St., Denver Improvements: 231,475-sf, 12-story office building, YOC 2007, & 10,052-sf restaurant located at 5085 S. Syracuse St., built in 2009 Land Size: 5.403 acres Date of Recording: 3/13 Reception No.: 2018030017 Price: $115.19M, or $476.91 psf Grantor: EQC Operating Trust by: David S. Weinberg, EVP Grantee: KORE 5075 Syracuse LLC, Jack…