D.R. Horton acquires 97 lots for $40,000 each
Arapahoe County Property Location: Adjacent SEC S. Piccadilly Road & E. Quincy Ave., fronts westerly corner of E. Radcliff Pkwy. & Copperleaf Blvd., Centennial Property Description: 97 vacant residential lots Land Size: 97 lots totaling 645,486 sf, or 14.82 acres Sales Price: $3.88M, or $6.01 per lot, or $40,000 per lot Closing Date: 3/22 Reception No.:…
John Winslow
April 2, 2018
Littleton day care center changes hands for $2.75 million
Jefferson County Property Location: 10670 Bradford Road, Littleton, “Jordan Alexander’s Preschool Academy” Property Description: 9,852-sf day care center, YOC 1996, masonry Land Size: 45,738 sf Sales Price: $2.76M, or $279.64 psf Reception No.: 2017103370 Closing Date: 10/6 Grantor: Highland Investments LLLP, Colleen D. Porterfield, GP Grantee: PMY Holdings LLC Financing: $2.57M payable to KeyBank NA,…
John Winslow
October 18, 2017
Eastpark 70 gears up to deliver 245,847-sf speculative building
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Kris Oppermann Stern
October 16, 2017
New office product in demand in Denver metro market
There’s a healthy appetite for new office space in the Denver area, with most of the product currently under construction already preleased. Doug Wulf “Tenants today are seeking out new space more than they ever have,” Cushman & Wakefield Executive Vice President Doug Wulf said at a recent Office Summit & Expo in Aurora. In…
Kris Oppermann Stern
October 15, 2017
NFT acquires 54,000 square feet from landlord in Golden for $4.55 million
Jefferson County Property Location: 4653 Table Mountain Drive, Golden Property Description: 53,656-sf R&D/flex space, YOC 1997, 22’ clear height (31,190 sf warehouse, 13,855 sf office & 5,610 sf lab space), three drive-in doors, Land Size: 5.84 acres Sales Price: $4.55M, or $84.80 psf Reception No.: 2017102479 Closing Date: 10/4 Grantor: Albrook Partners LLC, Andy Kienitz,…
John Winslow
October 12, 2017
Cabela’s stores snapped up by Phoenix REIT for $57.5 million
Douglas & Adams counties (See both sales) Property Location: 10670 Cabela Drive, Lone Tree Property Description: 103,788-sf single-tenant retail building, YOC 2014, masonry Land Size: 6.099 acres Sales Price: $31.64M, or $304.86 psf Reception No.: 2017066005 Closing Date: 9/27 Grantor: Cabelas Wholesale Inc., James A. Hagale, pres. Grantee: SPT Prairie 10670 CB Drive LLC Comments:…
John Winslow
October 11, 2017
Industrial property with lots of tenants sells to apt. owner
A multifamily property owner turned out to be the “logical” buyer for an industrial property in Aurora that sold off-market. In its first industrial acquisition, Nueva Americana III LLC bought Wheeling Service Center for $9.5 million. Located off Interstates 70 and 225, the property consists of seven multitenant industrial buildings totaling 121,400 square feet that…
Kris Oppermann Stern
October 9, 2017
Peachtree Hotel Group buys Element Denver Park Meadows
Atlanta-based Peachtree Hotel Group has acquired the Element Denver Park Meadows Hotel, a 123-room hotel at 9985 Park Meadows Drive in Lone Tree. Douglas County records show the hotel sold for $19.8 million. The seller was Denver II Hospitality LLC, a Texas based group that bought the property for $15.5 million two years ago. Peachtree…
Kris Oppermann Stern
October 9, 2017
Price for Sherman Village II in Longmont rings up at $7.4M
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Kris Oppermann Stern
October 8, 2017
Museum acquires site near National Western Complex for $88.68 per square foot
Denver County Property Location: 4700-4712 Brighton Blvd., Denver Property Description: garage and two houses, (land value) Land Size: 11,277 sf Sales Price: $1M, or $88.68 per sf Reception No.: 2017124750 Closing Date: 9/21 Grantor: PMC Land LLC Grantee: Denver Police Museum Development Group LLC, Lance Nading, mgr., & Mark Hesse, president Financing: $650,000 with 0%,…
John Winslow
October 6, 2017
