Downey and Disney. Tim Downey is a huge fan of Walt Disney. Downey, the founder of Nashville-based Southern Land Co., even knew that Walt Disney was a major investor in the former Celebrity Lanes, a massive entertainment center with an 80-lane bowling alley, indoor swimming pool and restaurants that once stood at South Colorado Boulevard…

Denver County Address: 5135-45 Chambers Road, Denver Land Size: 2.2 acres Improvements: 12,047-sf & 8,707-sf retail buildings (20,754 sf total), YOC 2002 Date of Recording: 12/12 Reception No.: 2017161763 Price: $7.6M, or $366.19 psf Grantor: Gaffey Chambers LLC, c/o Westwood Financial Corp., California Grantee: Kims Investments Inc., Young M. Kim, pres., & Peakview Plus LLC,…

Granite Place at Village Center, a new, fully leased Class AA office building in the southeast suburban submarket, has a new owner. Holliday Fenoglio Fowler LP arranged $70.68 million in financing on behalf of Crestone Partners LLC for the purchase of the 299,568-square-foot building, which was completed this year. The building is leased to Charter…

The country’s biggest chainsaw manufacturer took down 122,511 square feet in Majestic Commercenter in a $10.65 million acquisition. Stihl Inc. bought the distribution building at 21200 E. 36th Drive in Aurora from Opus Development Company LLC. The price per sf was $86.93. A major manufacturer and distributor of outdoor power equipment, Stihl currently leases approximately…

This post is only available to subscribers of the the Colorado Real Estate Journal. If you have a subscription, please log in to view this post. If you do not […]

Arapahoe County Address or Location: 10001 E. Dry Creek Road, Englewood, “The Rail @ Inverness” Land Size: 7.629 acres Improvements: 219-unit, five-story apartment, YOC 2007, 179,537 sf “rentable area,”,brick & frame construction Density: 28.7 units per acre Date of Recording: 12/5 Reception No.: D7138224 Price: $52M, or $237,443 per door, or $289.63 psf Grantor: Holland…

Denver County Address: 231 Detroit St., Denver Improvements: 8,868-sf retail building, YOC 1985 Land Size: 6,250 sf Date of Recording: 11/20 Reception No.: 2017152985 Price: $5.2M, or $586.39 psf Grantor: Diamond Property Group LLC, Michel A. Miro, mgr., Miro Jewelers Grantee: Detroit Street Holdings c/o Buell & Company, John Maragon, mgr., 303-320-6929 Comments: Property was…

Denver County Address: 1332 S. Cherokee St., Denver Improvements: 3,960-sf flex building, YOC 1962, twin-tee construction Land Size: 9,835 sf Date of Recording: 11/17 Reception No.: 2017152985 Price: $569,000, or $143.69 psf Grantor: Westbrook III LLC, James Feldstein, mgr. Grantee: Cherokee Commercial LLC, James M. Ticconi, mgr., 303-269-1575 Comments: Listed by Marc S. Lippitt, Justin…

Denver County Address: 4699 N. Kittredge St., Denver, “Lakecrest @ Gateway Park Apts.” Improvements: 440-unit apartment, 426,510 sf, YOC 2001 Land Size: 15.22 acres Density: 28.91 units per acre Date of Recording: 11/21 Reception No.: 2017152985 Price: $101M, or $229,545 per door, or $218.49 psf Grantor: Kittredge Street Apartments LLC c/o The Bascom Group LLC,…

Arapahoe County Property Location: 6901 S. Havana St., Centennial Property Description: 136,954-sf, three-story office building, concrete & glass construction, YOC 1989, renovated in 2015-2016 Land Size: 17.461 acres plus 1.43 acres of open space Sales Price: $13.05M, or $95.29 per sf Closing Date: 10/17 Reception No.: D7120031 Grantor: 6901-Centennial Owner LLC by: Encore Enterprise Inc.,…