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
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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 Building 2

Eastpark 70 gears up to deliver 245,847-sf speculative building

Eastpark 70 is adding to its inventory of Class A industrial product with a 245,847-square-foot speculative building. Construction comes amidst brisk tenant demand for spaces in the 100,000- to 300,000-sf range, according to CBRE First Vice President Todd Witty. “That’s where we see a lot of these larger, national credit tenants,” he said. Buildings in…

Jill Jamieson-Nichols

October 16, 2017
Denver skyline

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…

Jill Jamieson-Nichols

October 15, 2017
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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
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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…

Jill Jamieson-Nichols

October 9, 2017
Element Denver Park Meadows

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…

Jill Jamieson-Nichols

October 9, 2017
Sherman Village II

Price for Sherman Village II in Longmont rings up at $7.4M

A Longmont retail center that also includes office space changed hands for $7.4 million, or $119.35 per square foot. Silver Leaf Development LLC bought the 62,000-sf Sherman Village II at 1225 Ken Pratt Blvd. from Sherman Village II LLLP. The center includes approximately 24,000 sf of second floor office space. It had three vacant spaces…

Jill Jamieson-Nichols

October 8, 2017
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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