In the wake of “mind-boggling” change around the National Western Complex, a businessman sold a 40,530-square-foot industrial building on 4.29 acres in the neighborhood for a record $175.18 per sf. “It was an incredible opportunity, I’ll just put it that way,” commented George Medley of GI Investments LLC, who sold the site at 4920 N.…

Arapahoe County Address: 2701 W. Oxford Ave, Englewood, “Oxford Federal Business Park” Land Size: 14.041 acres Improvements: 226,216-sf flex building, YOC 1984-1986, precast construction, 13 buildings, plus 966-sf house, total of 226,216 Date of Recording: 12/13 Reception No.: D7142133 Price: $22.31M, or $96.20 psf Grantor: BLT Legacy Inc., Lucile Tourney, pres. Grantee: Waterpark II &…

Kaiser Permanente’s acquisition of 210,848 square feet of office space in Aurora was driven by cost savings and efficiencies, according to the company’s real estate manager. Kaiser bought Waterpark II and III at 2350 and 2550 S. Parker Road for $25.32 million, according to public records. The health care provider operates in about 60 percent…

San Francisco-based Graham Street Realty added to its Denver portfolio with a pair of Englewood office buildings. Pyramid Pointe, a 120,279-square-foot building at 9777 Pyramid Court in Meridian International Business Center, and 384 Inverness, a 51,523-sf building in Inverness Business Park, sold for $19.4 million. Westcore Properties and American Realty Advisors sold the properties in…

Green roofs were on developer Kyle Zeppelin’s radar screen long before the initiative to require them on some buildings in Denver surfaced. The green roof initiative was adopted by Denver voters last month by an 8.6 percent margin. It was widely opposed by Denver’s development community, with Zeppelin being the most high-profile exception. “Denver developers…

Adams County Address: SWC E. 143rd Place & Grant St., Thornton Improvements: Vacant land Land Size: 12.17 acres Date of Recording: 11/7 Reception No.: 98802 2017 Price: $2.12M, or $4 psf Grantor: Thornton Long Term Investments LLC, c/o Evergreen Devco Inc. Grantee: TSG Grant LLC, Michael H. Staenberg, mgr. Financing: $1.59M payable to First National…

Adams County Address: 9645 Washington St., Thornton Improvements: 11,340-sf retail store, YOC 2008 Land Size: 1.72 acres Date of Recording: 11/13 Reception No.: 101880 2017 Price: $4.25M, or $374.78 psf Grantor: Armstrong Highpointe LLC, c/o Gustine (Douglas J. Kyle, mgr.) Grantee: Oak Group LP, c/o The Heritage Group, Mark E. Hoekstra, 619-239-1788 Financing: cash Comments:…

Kentwood Commercial is not just the latest commercial real estate brokerage launched in Denver. “Commercial real estate for me has always been a huge passion,” Peter Niederman, CEO of the new firm as well as the residential real estate firm that also shares the Kentwood name, told me last month. “I didn’t start Kentwood Commercial…

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Jefferson County Property Location: 12155 W. 58th Place, Arvada Property Description: 58-unit, three-story apartment building with 60,208 sf, YOC 1982, brick construction with mansard roof Land Size: 2.36 acres Sales Price: $10.83M, or $186,638 per door, or $179.79 psf Reception No.: 2017102020 Closing Date: 10/3 Grantor: 29SC Village West LP, Stanley Beraznik, mgr., 312-379-8934 Grantee:…