BKM Capital Partners entered the Denver market with the $20.2 million acquisition of 215,268 square feet of flex space in Inverness Business Park. The deal included eight buildings at 14 Inverness Drive East in Englewood. The price, which equates to $93.84 per sf, represents a 57 percent discount to replacement cost, according to Brian Malliet,…

Adams County Location: 9351 Grant St., Thornton Improvements: 91,263-sf office building, YOC 1985 Land Size: 1.14 acres Date of Recording: 4/9 Reception No.: 2018000028658 Price: $9.08M, or $99.44 psf Grantor: Horizon Terrace LLC, c/o Global Pacific Properties Inc. 5161 E. Arapahoe Road, Suite 320, Centennial 80122, attn: Michael S. Law, pres. Grantee: 1641 California LLC (30.52%) & 9351…

Global insurance and health services company Cigna has signed a lease for 135,800 square feet in Colorado Center’s recently completed Tower 3. The space will serve as the company’s regional headquarters, housing more than 1,000 employees on five full floors. Colorado Center is located at Interstate 25 and Colorado Boulevard. “Our new home at Colorado…

Adams County Location: Vicinity of NEC Buckley Road & East 81stAvenue, Commerce City Improvements: Vacant Industrial Land Land Size: 38.81 acres Date of Recording: 4/4 Reception No.: 2018040286 Price: $5.82M, or $3.44 psf Grantor: DIA Tech Center LLC, C.H. Thompson Company LLC, Christopher H. Thompson, mgr. Grantee: 8251 Quintero Street Colorado Becknell Investors LLC, 2750 E. 146thSt., Suite 200,…

Douglas County Location: 9570 Kingston Court, Englewood Improvements: 33,204-sf, three-story office building, YOC 2002, masonry Land Size: 2.30 acres Date of Recording: 4/12 Reception No.: 2018021700 Price: $5.45M, or $164.14 psf Grantor: LTP Land Ventures LLC, Lloyd Herrera, mgr. Grantee: CLC Eagle Pointe Holdings LLC, c/o Christian Living Communities, Terry Rogers, CEO, 720-606-2440 Financing: $4.45M payable to Guaranty…

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IBC Holdings recently completed the $9.64 million sale of an industrial building at Concord Business Center and will break ground this month on an identical building in the master-planned business park. Gordon Development II LLC paid $151.65 per square foot for Concord Building 5, a 63,550-sf building at 8644 S. Peoria St. in Englewood. The…

Arapahoe County Property Location: 21800 E. Quincy Ave., Aurora, “corporate-backed land lease” Property Description: 5,520-sf convenience store, YOC 2017 Land Size: 70,810 sf Sales Price: $2.36M, or $33.33 per square foot of land Reception No.: D8031340 Closing Date: 3/30 Grantor: Copperleaf Commercial Investors LLC, Daniel Frank, mgr. Grantee: Narani Elaheh Sharifi & Saffarian Nasser Comments: The APN is: 2073-12-2-12-003. This is…

Denver County Address or Location: 3500 Rockmont Drive, Denver, “Westend Apartments” Improvements: 390-unit apartment, with 343,138 rentable sf, YOC 2015. There are 251 one-bedroom/one-bath units ranging from 579 sf to 853 sf. The rental rates range from $2.05 to $2.71 per sf. The remaining 139 units consist of two-bedroom/two-bath units ranging from 1,043 to 1,463…

Denver County Property Location: 1801 California St., Denver Property Description: 1.37 million-sf, 54-story office building with 12-level parking garage, 28 passenger elevators, two freight elevator cars and fitness center on second floor, built in 1983 Land Size: 61,191 sf Sales Price: $285.6M, or $208.14 per sf Reception No.: 2018038167 Closing Date:3/30 Grantor: BOP 1801 California Street LLC, Brookfield…