Grand Peaks lands TOD site in Aurora for $3.9 million
Arapahoe County Property Location: SWC East Iliff Ave. & Blackhawk St., Aurora Property Description: Vacant land planned for 320 apartment units plus 12,415-sf retail building and two four-story buildings containing 329,800 sf Land Size: 5.24 acres Sales Price: $3.9M, or $17.09 psf, or $12,188 per buildable unit Reception No.: D7122896 Closing Date: 11/1 Grantor: Fashion…
John Winslow
November 14, 2017Fund invests $23.46 million in Boulder assets
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 […]
Kris Oppermann Stern
November 12, 2017Yankee Doodle Plaza among office developments showcased on tour
John Madden Co.’s first office development in a decade comes with a pride in patriotism. Yankee Doodle Plaza is a seven-story, 210,000-square-foot Class A office building projected to break ground at South Fiddlers Green Circle and Greenwood Plaza Boulevard in mid-2018. The Greenwood Village project was among several new, under construction and planned southeast suburban…
Kris Oppermann Stern
November 12, 2017Northglenn retail center changes hands at $4.23 million
Adams County Property Location: 450-560 Malley Drive, Northglenn, “Malley Heights Shopping Center” Property Description: 39,495-sf retail building, YOC 1978 Land Size: 4.43 acres Sales Price: $4.23M, or $106.98 psf Reception No.: 96613 (2017) Closing Date: 10/31 Grantor: Par Acquisitions LLC, Stephen R. Parry, mgr., 720-222-9616 Grantee: Evergreen Marketplace LLC, J&B Building Company, Steve Peckar, mgr.,…
John Winslow
November 10, 2017Quail Ridge Apartments in Thornton sell to San Diego firm for $22.4 million
Adams County Property Location: 502 E. 102nd Ave., Thornton, “Quail Ridge Apartments” Property Description: 140-unit, two- and three-story apartment building with 118,096 sf, YOC 1985, frame construction Land Size: 6.2 acres Sales Price: $22.38M, or $159,821 per unit ,or $189.47 psf Reception No.: 96242 (2017) Closing Date: 10/27 Grantor: Green Leaf Quail Ridge LLC c/o…
John Winslow
November 9, 2017Melcor snaps up 305 acres in Aurora for $9.67 million
Arapahoe County Property Location: SEC Powhaton Road & E. Sixth Ave.-extended east, Aurora Property Description: Vacant land Land Size: 304.92 acres Sales Price: $9.67M, or $31,700 per acre Reception No.: 2017144359 Closing Date: 10/27 Grantor: Bellweather Associates, Steve Cohen, partner Grantee: Melcor/TC Aurora LLC, Ryan Mott, 480-699-4687 Financing: Cash Comments: See APN: 1977-00-0-00-367. There are…
John Winslow
November 7, 2017Floor plans forte for Weinstein
Floor plans may not have the appeal of flashy apartment amenities such as top-of-the-line fitness centers, dog washing stations, bike maintenance shops and business centers. But to retired architect Mervin F. Weinstein, a good floor plan can pay huge dividends for the owner of apartment and condo buildings. In one case, Weinstein estimates the owner…
Kris Oppermann Stern
November 6, 2017Investor pays $4.3 million for Niwot building as tenant vacates
A Monarch Park office building that a tenant outgrew sold to a local investor who is offering it for lease. Monarch Offices LLC recently paid $4.3 million, or $109.37 per square foot, for the 39,317-sf building at 6309 Monarch Park Place in Niwot. MUM II LLC sold the building, which Wilen Direct is vacating, in…
Kris Oppermann Stern
November 5, 2017Chaparral Business Park trades for $13 million
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 […]
Kris Oppermann Stern
November 5, 2017Aerospace company lands in 17,005 square feet
A local aerospace company will expand from its current location in Longmont into a nearby building in The Campus at Longmont. Redstone Aerospace Corp. signed a long-term lease for 17,005 square feet at 2410 Trade Centre Ave. Redstone Aerospace provides cryogenic systems and high-precision pointing subsystems to both NASA and Department of Defense contractors, according…
Kris Oppermann Stern
November 4, 2017