Buyer pays top dollar for Flatirons Terrace
An independent living facility in Boulder sold for one of the highest prices per unit, if not the highest, to be achieved in Colorado. Harrison Street Real Estate Capital paid $20 million, or $370,370 per unit, for Flatirons Terrace at 930 28th St. The 95 percent-occupied, 54-unit property offers luxury living with “elegant” dining spaces,…
Kris Oppermann Stern
April 1, 2018
Ticket to own One Lincoln Station sells for $43.75 million
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Kris Oppermann Stern
March 30, 2018
Declaration Brewing building sells to local businessman
Denver County Property Location: 2030 S. Cherokee St., Denver Property Description: 8,131-sf restaurant/brewing building, masonry construction, YOC 2015 Land Size: 18,779 sf Sales Price: 2.5M, or $307.47 psf Closing Date: 3/21 Reception No.: 2018033594 Grantor: Declaration Brewing Co., Michael E. Blandford, pres. Grantee: BaseCamp Brew LLC, Rees Davis Jr. Financing: Cash at closing Comments: This is a…
John Winslow
March 30, 2018
Prime West sells One Belleview Station
One Belleview Station achieved record pricing for office product in southeast suburban Denver with its $152 million sale to Dallas-based Ramrock Real Estate LLC. Developer Prime West sold the new Class AA building for $477.90 per square foot. That beats the $475 per sf paid for Re/Max Plaza and $423.78 per sf for Granite Place…
CREJ
March 29, 2018
Denver interior design entrepreneur snaps up office building
Denver County Property Location: 3400 Mariposa St., Denver Property Description: 6,207-sf office building, plus 1,907-sf garage, YOC 1966 (remodeled in 2009), masonry construction (total of 8,114 sf) Land Size: 9,375 sf Sales Price: 2.05M, or $252.65 psf Closing Date: 3-21-18 Reception No.: 20180 Grantor: Happy Jack LLC, Douglas C. Payne, mgr. Grantee: LAD2 LLC, Angela M. Harris,…
John Winslow
March 29, 2018
GSA to reopen auction for federal center site
The U.S. General Services Administration is proceeding with the sale of the 59 acres of vacant land located at the Denver Federal Center Lakewood. GSA received confirmation March 23 from the U.S. Department of Health and Human Services that allowed GSA to make the 59 acres available for public auction. The auction sale start date…
CREJ
March 28, 2018
Whale Sites: Ballpark district is sitting on a gold mine
This the sixth in the series on Denver’s “Whale Sites,” defined as extremely prominent and underdeveloped land parcels whose size and location will define Denver’s future growth and development. Examples include the Burnham Yard, Upper Fox, Park Hill Golf Course, Elitch Gardens, and the Denver Design District. Steve Ferris, Founder and principal, Real Estate Garage,…
Steve Ferris
March 26, 2018
Virginia buyer pays $11.5 million for Longmont Best Western hotel
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Kris Oppermann Stern
March 25, 2018
Crossroads Commerce Park all leased up; two sites remain
All 673,288 square feet of speculative industrial space at Crossroads Commerce Park has leased, right on schedule. Clearwing Productions and Battery Systems leased the last 39,027 sf and 15,804 sf, respectively, in Building 1, one of three spec buildings Trammell Crow Co. has developed at Crossroads. The 77-acre Class A industrial park also includes seven…
Kris Oppermann Stern
March 24, 2018
City to lead planning for land at south end of Broncos stadium
A nonprofit venture between the Metropolitan Football Stadium District and Denver Broncos Football Club is exploring creating a new, mixed‐use neighborhood destination on the south end of the stadium property — now occupied by surface parking lots used only during games and special events. In response, Denver Community Planning and Development has stepped in to…
CREJ
March 21, 2018
