Mile High Ambulance resuscitates Commerce City property
Adams County Property Location: 8451 Brighton Road, Commerce City Property Description: 9,600-sf industrial building with five drive-in doors, YOC 1996, metal construction; 4,000-sf office building, YOC 1968, metal construction; & 2,159-sf warehouse, YOC 1962, metal construction (total 15,759 sf - three bldgs.) Land Size: 1.553 acres Sales Price: $1.9M, or $120.57 psf Reception No.: 2018000006106…
John Winslow
January 25, 2018Gilliland family assembles remaining 8.1-acre tract near Xcel Energy plant for $3.45 million
Adams County Property Location: 1961 East 64th Ave., Denver (between York and Franklin streets) Property Description: Vacant land, rezoned from A-1 to I-2 in October 2009 Land Size: 8.1127 acres Sales Price: $3.45M, or $9.76 per sf Reception No.: 2018000003356 Closing Date: 1/10 Grantor: WCSC Acquisition Company, Robert Matz, CEO Grantee: Gilliland Family Partners LLLP,…
John Winslow
January 24, 2018Logan Apartments near state Capitol sells for $16.3 million
Denver County Property Location: 619 Logan St., Denver, “The Logan Apartments” Property Description: 57-unit, five-story apartment building, 34,954 sf, YOC 2012, brick/stucco and wood siding, 49 parking space underground garage plus two open spaces Land Size: 17,425 sf Density: 142.5 units per acre Sales Price: $16.3M, or $285,965 per unit, or $466.33 psf Reception No.:…
John Winslow
January 23, 2018Newly built 1401 Lawrence sets record price for downtown
Pricing for newly constructed Denver office buildings continues to hit record highs – a trend that continued with the sale of 1401 Lawrence. The newest high-rise tower in downtown Denver, the 309,988-square-foot building reportedly sold for around $720 per sf. The previous record was the $677 per sf achieved by the Triangle Building near Denver…
Kris Oppermann Stern
January 21, 2018Louisville office building sells to Boulder investor for $9M
Boulder real estate investor Stephen Tebo of Tebo Development Co. acquired a 41,478-square-foot office building in Louisville for $9 million. The Class A building is located at 400 Centennial Parkway. Uber occupies most of the space. CoBiz Bank also is a tenant. Occupancy was 90 percent at the time of the sale. A locally owned…
Kris Oppermann Stern
January 21, 2018Denver metro industrial portfolio trades for $51.5 million
Denver, Adams & Jefferson counties Address or Location: 1) 2475 W. 2nd Avenue (Denver County), “Bryant Street Quad”; 2) 6400 Broadway, Denver (Adams County); 3) 16600 Table Mountain Pkwy., Golden (Jefferson County) Improvements: 1) 152,890-sf warehouse, YOC 1971, twin-tee construction; 2) 70,141-sf warehouse, YOC 1984, twin-tee construction; 3) 261,825-sf warehouse, YOC 1997, concrete panel Land…
John Winslow
January 18, 2018Ziggi’s Coffee acquires pad site in Westminster for ninth Colorado location
Jefferson County Address/Location: North side of W. 100th Avenue, 500 feet east of the Church Ranch Boulevard intersection with W. 100th Avenue (8525 W. 100th Ave.), Westminster Improvements: Vacant retail site; plan to build coffee shop Land Size: 20,939 sf Reception No.: 20180000931 Price: $350,000, or $16.71 psf Grantor: Church Ranch Crossing LLC, Tim Hadjis,…
John Winslow
January 17, 2018Dunton Commercial changes hands with focus on property management
Commercial real estate professionals Taylor Fenn and Peter Katz of Walpin & Co. have acquired Dunton Commercial LLC with plans to expand its property management business. “We saw a great opportunity to take an established Denver commercial real estate company and transform it by building around new, highly talented management and state-of-the-art systems and process,”…
CREJ
January 15, 2018CBRE Research releases quarterly reports on office, retail and industrial markets
New construction continued to be the story for Denver's industrial real estate market in 2017, CBRE Research said in its newly released reports on the Denver industrial, office and retail markets A total of 5.4 million square feet was delivered to the metro Denver market, the highest level since 2001, when 5.5 million sf of…
CREJ
January 14, 2018School district pays $8.25 million for repositioned industrial site
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Kris Oppermann Stern
January 14, 2018