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Site acquired by local developer for senior assisted-living/memory care units

Jefferson County Property Location: Northeast Corner W. Ida Ave. & S. Alkire St., Littleton Property Description: Vacant land, plan to build 64-bed senior assisted-living/memory care facility Land Size: 3.37 acres Sales Price: $778,500, or $5.30 psf, or $12,164 per buildable unit Reception No.: 2017101795 Closing Date: 9/28 Grantor: Centennial Community Church, Brad Heykoop, operations pastor,…

John Winslow

November 2, 2017
9151 E. Panorama Circle

Bentall Kennedy buys Arrow building for $87 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

October 29, 2017
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Koelbel Urban Homes takes down lots at Lowry for $1.05 million

Denver County Property Location: Southwest corner Lowry Blvd. & Oneida St., Denver Property Description: 10 vacant platted lots* Land Size: 10 lots totaling 16,233 sf Sales Price: $1.05M, or $64.68 psf, or $105,000 per lot Reception No.: 2017133818 Closing Date: 10/11 Grantor: Lowry Economic Redevelopment Authority Grantee: KUH Boulevard One LLC (Koelbel Urban Homes) Comments:…

John Winslow

October 26, 2017
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Sidford Capital acquires Cherry Creek 0ffice building for $4.4 million

Denver County Property Location: 100 Garfield St., Denver Property Description: 17,930-sf, four-story office building, YOC 1982, masonry & concrete panel/glass construction Land Size: 12,500 sf Sales Price: $4.4M, or $261.41 psf Reception No.: 2017133249 Closing Date: 10/10 Grantor: Midland States Bank Grantee: 100 Garfield Street LLC, Bradley Brooks, mgr., & Andrew P. Wolf, c/o Sidford…

John Winslow

October 25, 2017
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Brighton Chase bank building sells to tenant for $933.49 psf

Adams County Property Location: 411 Bromley Lane, Brighton, “Chase Bank” Property Description: 4,285-sf freestanding bank building, YOC 2012, masonry Land Size: 31,462 sf Sales Price: $4M, or $933.49 psf Reception No.: 87888 (2017) Closing Date: 10/5 Grantor: 4th & Bromley LLC, Brad A. McNealy, mgr., 303-571-4650 Grantee: JPMorgan Chase Bank, Heather Beattie, contact, 303-244-3038 Comments:…

John Winslow

October 24, 2017
Market Station

Market Station promises ‘great energy’

The once-bustling Market Street Station will come rolling back to life with Continuum Partners beginning a $200 million redevelopment of the site at 16th and Market streets. The new Market Station, to be completed in summer 2019, will turn the former Regional Transportation District bus terminal on the 16th Street Mall into a mixed-use hub…

Kris Oppermann Stern

October 23, 2017
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Albrook Partners acquires industrial building through 1031 exchange

Arapahoe County Property Location: 12876 E. Adams Aircraft Circle, Englewood Property Description: 50,000-sf, two-story industrial/office building, YOC 2000, (including 23,600 sf office space, 64’x24’ hangar door, four drive-in doors, 24’ clear, concrete tilt-up) Land Size: 3.09 acres Sales Price: $3.2M, or $64 psf Reception No.: 2017102479 D7114421 Closing Date: 10/4 Grantor: Wells Fargo Bank Trustee,…

John Winslow

October 23, 2017
Market

S’Park lights up with construction of office, multifamily buildings

S’Park is beginning to take shape at Boulder Junction with the approximately $100 million development of two key parcels. The development team led by Element Properties, The John Buck Co. and Kinship Capital kicked off construction of Market, a 50,000-square-foot, four-story office building where Upslope Brewing Co. will have a first-floor brewpub, and Timber, a…

Kris Oppermann Stern

October 23, 2017
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ColRich closes on fifth apartment within a 1-mile radius in southeast Denver

Adams County Property Location: 9757 E. Colorado Ave., Denver, “Park at Canyon Ridge” Property Description: 272-unit, three-story apartment complex, 213,396 sf net rentable area, YOC 1986 Land Size: 12.93 acres Density: 21 units per acre Sales Price: $44.9M, or $165,074 per door, or $210.41 psf Reception No.: D7116001 Closing Date: 10 Grantor: CG Park LLC,…

John Winslow

October 20, 2017
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Canadian investor snags Parkhouse Apartments for $121.6 million

Adams County Property Location: 14120-14310 Grant St., Thornton, “Parkhouse Apartments” Property Description: 465-unit apartment complex with 20 buildings totaling 421,960 sf; 939 parking spaces provided with 706 open spaces, including 12 attached garages totaling 49,592 sf and 233 spaces, and 19 ADA parking spaces and 93 guest parking spaces, YOC 20176, plus 6,221-sf clubhouse &…

John Winslow

October 19, 2017