Arapahoe County Property Location: 11800 E. Colfax Ave., Aurora Property Description: 92-unit, four-story walk-up motel building, 29,750 sf, YOC 1962, brick construction Land Size: 1.688 acres Sales Price: $3.62M, or $39,391 per room, or $121.82 psf Reception No.: D7062749 Grantor: Kings Group Inc., Kyeong Hee Kim, pres. Grantee: 11800 E. Colfax LLC, 1575 Galena St., Suite…

Douglas County Property Location: 807 N. Wilcox St., Castle Rock Property Description: 2,381-sf motel with 10 furnished rooms & 1,732-sf nursery/greenhouse, YOC 1996, 1,642 sf retail space (total of 5,755 sf) Land Size: 0.42 Sales Price: $1.1M, or $191.14 psf Reception No.: 2017031497 Grantor: Castle Pines Motel LLC, Laurence Michele Blanc, mgr. Grantee: Barnzillare LLC, Joel Gittleman,…

Mike Cahill, CRE, MAI, FRICS, CHACEO and founder,HREC-Hospitality Real Estate CounselorsGreenwood Village For well over a decade, members of the hotel industry’s preeminent think tank, the Lodging Industry Investment Council, are annually surveyed to develop a list of the major hotel investment opportunities and challenges for the coming year. This exhaustive survey results in the…

Denver County Property Location: 1250 Welton St., Denver, “Former Emily Griffin Opportunity School” Property Description: 226,690-sf, three-story school, YOC 1926, masonry Land Size: 106,400 sf Sales Price:  $25.3M, or $237.78 per sf Reception No.: 2017068790 Closing Date: 5/24 Grantor: School District No. 1 in City and County of Denver, Trena Deane, executive director of facilities Grantee: WELARM…

Riki Hashimoto’s phone was ringing off the hook late last week. Anxious investors had one question for the commercial real estate broker after President Donald Trump released his still skeletal outline for tax reform last Wednesday: “Are 1031 exchanges going away?” While a lot of media ink was devoted to things like the proposed 15…

Riki Hashimoto’s phone was ringing off the hook late last week. Anxious investors had one question for the commercial real estate broker after President Donald Trump released his still skeletal outline for tax reform last Wednesday: “Are 1031 exchanges going away?” While a lot of media ink was devoted to things like the proposed 15…

Ashford Hospitality Prime Inc., which is focused on investing in luxury hotels and resorts, paid $145.5 million, or $766,000 per key, for the 190-room Park Hyatt Beaver Creek Resort & Spa.

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Saunders Development has partnered with owners Byron, Andy and Brett Weiss to develop the Denver Rock Drill project, a 700,000-square-foot, $250 million project comprised of office, retail, residential and hotel in the historic Cole neighborhood near the 38th and Blake commuter-rail station. Denver Rock Drill is currently preleasing office and retail space and plans to break ground on construction…

Growth in Denver's economy and most commercial real estate product types will continue through 2017, according to CBRE Research's 2017 Denver Market Outlook. In the office sector, more than 2.2 million square feet of speculative construction is expected to deliver in 2017, 1.9 million sf of it in suburban markets. With just 26 percent of new product preleased at…