Sidford picks up stand-alone office building in Cherry Creek

A Denver company picked up a 17,930-square-foot office building at the edge of the booming Cherry Creek North Shopping District with plans to fully update it and make it available to one or more users. Sidford Capital LLC bought 100 Garfield from Midland States Bank for $4.4 million. Midland will continue to occupy 5,300 sf…

Jill Jamieson-Nichols

October 16, 2017
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Park N Fly lands Commerce City site for $3.75 million, or $3.45 psf

Adams County Property Location: North side of E. 81st Ave., approx. 1,000’ west of Tower Road, Commerce City Property Description: vacant land, to be rezoned to PUD Land Size: 24.988 acres Sales Price: $3.76, or $3.45 psf Reception No.: 201700081059 Closing Date: 9/11 Grantor: Sark Colorado LLC, Inderpal S. Chopra, mgr. Grantee: Park N Fly…

John Winslow

October 16, 2017
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Northglenn shopping center sells to Connecticut investor for $48 million

Adams County Property Location: 10410-10450 Melody Drive, Northglenn, “Northglenn Marketplace” (Northwest corner of Interstate 25 & Melody Drive) Property Description: 439,063-sf shopping center, YOC 1999 & 2005 Land Size: 71.6 acres Sales Price: $48M, or $109.32 per sf Closing Date: 9/15 Grantor: HQ8 – 10410-10450 Melody Lane LLC by: LNR Partners, Steve Ferreira Grantee: MP…

John Winslow

October 13, 2017
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Unique Properties handles $13.8 million 1031 exchange

Adams County Property Location: 3728-3730 Wheeling St., Aurora Property Description: 121,400-sf (7-building) multitenant industrial complex, YOC 1974, concrete panel construction Land Size: 11.811 acres Sales Price: $9.5M, or $314.71 psf Reception No.: 201700081029 Closing Date: 9/15 Grantor: Wheeling Service Center LLC, M. Dennis Niernberg, mgr. Grantee: Nueva Americana III LLC, 6201 W. 26th Ave., Edgewater…

John Winslow

October 10, 2017
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Capitol Hill apartment complex sells to Boulder investor

Denver County Property Location: 600 & 624 Pennsylvania St., Denver Property Description: 53-unit, five-story walk-up-style apartment building, 36,641 sf, YOC 1962 (renovated in 2015), brick construction Land Size: 31,250 sf Sales Price: $12.85M, or $242,453 per unit Reception No.: 2017124604 Closing Date: 9/18 Grantor: JM Pennsylvania, Jason McCool, mgr. Grantee: M and G LLC, Randal…

John Winslow

October 9, 2017
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Holland Partners snaps up Alara Greenwood Village for $91 million

Arapahoe County Property Location: 5400 S. Park Terrace Ave., Greenwood Village Property Description: 304-unit, three-story apartment, 37 buildings totaling 338,626 sf plus 6,576-sf clubhouse, YOC 1995 Land Size: 18.344 acres Sales Price: $91M, or $299,342 per unit Reception No.: D7105153 Closing Date: 9/12 Grantor: SVF Alara Greenwood Village LLC by: First Fiduciary Realty Advisors Grantee:…

John Winslow

October 3, 2017
Cherry Creek

Safeway Cherry Creek to close, host new tenants

After more than a half century in the heart of the Cherry Creek neighborhood, the Safeway next to the Cherry Creek Shopping Center will be closing its doors by the first week of January, officials announced today. The 51-year-old Safeway with approximately 50,000 square feet  at 3100 E. First Ave., has been notified by the Taubman…

John Rebchook

September 15, 2017
Country Club Towers

Country Club Towers – 5 minutes from everywhere

Five minutes from everywhere. “We spent quite a bit of time driving, biking and walking from here and it was amazing whether you were going to Washington Park, Cherry Creek or downtown, everything was five minutes away,” Walter Armer told me on a tour of Denver’s newest, biggest and possibly the most expensive apartment community…

John Rebchook

August 17, 2017
Watson

Watson thrilled with Balfour at Stapleton

Going forward, Brian Watson could envision someone buying a starter home in Stapleton, continuing to move up to a bigger and more expensive home, with the final stop in their lifelong real estate cycle at the just opened Balfour at Stapleton senior care center. “Absolutely,” said Watson, chairman and CEO of Northstar Commercial Partners, owner…

John Rebchook

August 16, 2017
Maxwell

Maxwell – Green is Gold for Zocalo

Once again, Zocalo Community Development Inc. has brought home the Gold. The Denver-based developer’s Coda Apartments in Cherry Creek has been awarded the LEED Gold certification from the U.S. Green Building Council. The 12-story, 185-unit apartment tower opened a year ago at First Avenue and Steele Street. Susan Maxwell stands in front of the Coda,…

John Rebchook

August 2, 2017