California retail investor acquires Tamarac Shopping Center for $20 million
Denver County Property Location: 7777 E. Hampden Ave. & 3333 S. Tamarac St., Denver, “Tamarac Shopping Center” Property Description: 68,534-sf shopping center, YOC 1976 Land Size: 7.21 acres Sales Price: $20M, or $291.83 per sf Reception No.: 2017164598 Closing Date: 12/18 Grantor: AIP Properties #1 LP c/o DDR Grantee: Tamarac Shopping Center 17 A LLC…
John Winslow
January 31, 2018
Ohio investment group snags 1980s apartments for $50 million
Arapahoe County Property Location: 4957 S. Prince Court, Littleton, “Summit Riverside Apts.” Property Description: 248-unit, three-story apartment with 198,032 rentable sf, YOC 1987, frame (22 studios, 144 one-bedroom units and 82 two-bedroom units) Land Size: 10.049 acres Sales Price: $50M, or $201,613 per door, or $252.48 psf Reception No.: D8007969 Density: 24.68 dwelling units per…
John Winslow
January 30, 2018
Denver industrial property trades for $1.13 million
Denver County Property Location: 4925 E. 38th Ave., Denver Property Description: 6,712-sf industrial building, YOC 1956, masonry construction, heavy power and refrigeration/cooling Land Size: 18,002 sf Sales Price: $1.13M, or $167.61 psf Reception No.: 2018007665 Closing Date: 1/19 Grantor: John W. Campbell IV & Molly S. Campbell Grantee: RZ Boru Family Holding, Richard O’Brien, mgr.,…
John Winslow
January 29, 2018
City and county of Denver closes on disputed property for $3.8 million
Denver County Property Location: 2645 W. Seventh Ave., Denver Property Description: 33,042-sf warehouse, YOC 1970, twin-tee construction, to be used for possible homeless shelter overflow Land Size: 1.145 acres Sales Price: $3.8M, or $115.00 psf Reception No.: 2017149981 Closing Date: 11/15/2017 Grantor: 2601-2605 W. 7th Ave LLC, Katherine B. Dudden, Bret Kaup, Amber Kaup Grantee:…
John Winslow
January 26, 2018
Industrial portfolio draws $51 million
One of the world’s largest investment managers paid $51 million, or $104.94 per square foot, for a multitenant industrial portfolio in Denver and Golden. The 485,984-square-foot portfolio consisted of Bryant Street Quad and 6400 Broadway in central Denver, along with 16600 Table Mountain Parkway in Golden. UBS Realty Investors sold the 100-percent leased assets to…
Kris Oppermann Stern
January 22, 2018
Gogo Building goes to Invesco for $47.1 million
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Kris Oppermann Stern
January 21, 2018
Denver restaurateur acquires Old Gaylord Street restaurant
Denver County Property Location: 1001 S. Gaylord St., Denver, “Homegrown Tap & Dough” Property Description: 2,676-sf restaurant, YOC 1926, brick construction Land Size: 5,900 sf Sales Price: $2M, or $747.38 per sf Reception No.: 2018002223 Closing Date: 1/5 Grantor: South Gaylord Properties LLC, Laurie Jekel, mgr. Grantee: JPP Properties LLC, Jean Philippe Fallyau, mgr., 720-459-8736…
John Winslow
January 19, 2018
Lee & Associates provides year-end office update
Denver's office vacancy rate stood at 10.5 percent at year-end, according to the report. Trends affecting the office market include rising commercial real estate taxes and construction costs.[vc_column width="1/3"][vc_column width="1/3"][vc_column width="1/3"]
CREJ
January 16, 2018
Buyer slides into Payless Shoes retail building for $835,000
Jefferson County Address: 9409 Sheridan Blvd., Westminster, “Payless Shoes” Improvements: 3,816-sf retail building, YOC 1995, masonry Land Size: 24,829 sf Date of Recording: 1/5 Reception No.: 20180002492 Price: $835,000, or $218.81 psf Grantor: L. Lane Loyko, Trustee, & Phyllis Atterbury Trust Grantee: CDG – Austin Bluffs LLC c/o CenterPointe Development, Matt Ladendorf, mgr., 602-448-8766, or…
John Winslow
January 16, 2018
Merritt Equipment’s $1 million investment lands remaining site
Adams County Address: 9403 Brighton Blvd., Henderson Improvements: Misc. building (land value) Land Size: 3.015 acres Date of Recording: 1/5 Reception No.: 201800001836 Price: $1M, or $7.61 psf Grantor: Earl D. Giese Trust Grantee: 7755 Miller Drive LLC, Taylor Merritt, c/o Merritt Equipment, 303-289-2286 Comments: This property is in the middle of 16.43 acres of…
John Winslow
January 15, 2018
