Prologis Inc. and Denver-based DCT Industrial Trust Inc. have entered into a definitive merger agreement by which Prologis will acquire DCT for $8.4 billion in a stock-for-stock transaction, including the assumption of debt. The boards of directors of both companies unanimously approved the transaction. “For some time, we have considered DCT’s realigned portfolio to be…

A California buyer paid $533.68 per square foot for a highly sought-after Lower Highland office/retail building. Miller Brothers Umatilla LLC, a high-net-worth family partnership, bought the 22,894-sf building at 2930 Umatilla St. from Gravitas-2930 Umatilla LLC for $12.22 million, according to Denver County records. Riki Hashimoto “Due to the location, unique building construction and overall…

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Adams County Address or Location: 8213 East 96thAve., Henderson Improvements: Vacant land, adjoins grantee’s property on the south Land Size: 5.52 acres Date of Recording: 3/28 Reception No.: 2018000022646 Price: $1.66M, or $6.88 psf Grantor: John & Paula Evans, Aurora Grantee: RK Henderson LLC, Rick L. Kinning, pres., 303-355-9696 Financing: Cash Comments: See APN: 01721-16-05-006; see file plat to confirm…

Denver County Address: 1660 Lincoln St., Denver Improvements: 284,610-sf, 31-story office building, YOC 1972, renovated several times since then, including in 2016 Land Size: 33,244 sf Date of Recording: 3/13 Reception No.: 2018030017 Price: $67.2M, or $236.12 psf Grantor: UPI 1660 Lincoln LLC, c/o Unico Properties LLC Grantee: 1660 Lincoln St. Propery LLC, c/o Westport Capital Partners LLC,…

The former Gold Star Sausage factory in River North sold for $14.85 million after taking on new life as creative office/retail space. Manchester Capital Management LLC, on behalf of a Southern California family office, bought the 47,326-square-foot building at 2800 Walnut St. in Denver from Pathfinder Winfield RiNo Holdings LLC. The seller was still in…

Douglas County Location: 3760 Dacoro Lane, Castle Rock Improvements: 16,428-sf day care center, YOC 2014, masonry Land Size: 2.348 acres Date of Recording: 3/30 Reception No.: 2018 Price: $5.3M, or $322.62 psf Grantor: Kelpaul Rock LLC, Lawrence Paulson, mgr., 832-717-0808 Grantee: 2WMWPC Eat LLC, Mary Pettyjohn, mgr., 5501 LBJ Freeway, Suite 200, Dallas, TX 75240 Comments: The sellers…

A Boulder-based home audio company liked the sound of buying a building near its existing facility. Sterling Investment Partners LLC, a group affiliated with PS Audio, purchased a 26,767-square-foot office/research-and-development building at 4865 Sterling Court in Boulder for $5 million. The building is across the street from PS Audio’s existing facility and will provide room…

Douglas County Location: W/S Promenade Parkway, south of Castle Rock Parkway, Castle Rock Improvements: Restaurant pad site Land Size: 45,463 sf Date of Recording: 4/10 Reception No.: 2018021145 Price: $1.3M, or $28.59 psf Grantor: Buffalo Juniper LLC Grantee: Chick-Fil-A Inc. Financing: Cash Comments: See file plat of Lot 1A-6A, Block 2, Promenade at Castle Rock Filing No. 1, Amendment…