Westfield buys central Denver industrial development site
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Kris Oppermann Stern
December 10, 2018Granite Depot snags central Denver warehouse for $2.4 million
Denver County Property Location: 2605-2625 W. 8thAve., Denver Property Description: 18,950-sf warehouse (7,317-sf office area), YOC 1973, updated in 1987, three dock doors and one drive-in (10’x14’), 18’ ceiling height Land Size: 28,000 sf Sales Price: $2.4M, or $126.65 psf Reception No.: 2018140785 Closing Date: 10-31 Grantor: Greenwood Enterprises LLC (Greg Greenwood, mgr.) Grantee: 2605 W. 8thAve…
John Winslow
November 6, 2018Englewood warehouse sells for $1.95 million
Arapahoe County Property Location: 2190 W. Bates Ave, Units 1 & 2, Englewood Property Description: 19,248-sf (two-level) warehouse, YOC 1975, masonry (renovated in 1995) Land Size: 21,043 sf Sales Price: $1.95M, or $101.31 psf Reception No.: D8098646 Closing Date: 10-2 Grantor: Delkevic US LLC (Janielle Myers, signatory) Grantee: Mad Dragon Properties LLC (Matthew Ellis, mgr.), 720-306-9164 Financing: $1.46M…
John Winslow
October 31, 2018Englewood industrial building sells to Denver oilman for $975,000
Arapahoe County Property Location: 3990 S. Kalamath St., Englewood Property Description: 5,920-sf warehouse, YOC 1969, twin-tee construction Land Size: 8,276 sf Sales Price: $975,000, or $164.70 psf Reception No.: D8100950 Closing Date: 10/9 Grantor: 3990 S. Kalamath LLC (Robert G. Millen, mgr.) Grantee: Bison Garage LLLP (James “Austin” Akers, mgr.), 518 17th St., Suite 1800, Denver 80202,…
John Winslow
October 26, 2018Owner-user pays $106 per square foot for northeast Denver warehouse
Denver County Property Location: 10645 E. 47thAve., Denver Property Description: 13,631-sf warehouse, YOC 1968, brick construction Land Size: 25,100 sf Sales Price: $1.45M, or $106.38 psf Reception No.: 2018125767 Closing Date: 10/3 Grantor: MCCain LLC (Douglas McCain, mgr.) Grantee: Mountain Building LLC (Todd Schrader, mbr.), 10645 E. 47thAve., Denver Financing: $736,750 payable to BOKF, NA, dba Colorado…
John Winslow
October 24, 2018Rreef REIT sells Central 62 Distribution Center for $21.33M
Adams County Property Location: 495 E. 62nd Ave., Denver, “Central 62 Distribution Center” Property Description: 123,904-sf warehouse, YOC 2016, concrete construction with 28’ clear height Land Size: 7.57 acres Sales Price: $21.33M, or $172.11 psf Reception No.: 79266 2018 Closing Date: 9-28 Grantor: Central 62 LLC (Rreef Fund), James E. Toney, VP, & Marc Feliciano) Grantee: Central 62 Acquisition…
John Winslow
October 22, 2018Distribution center containing 1.3 million square feet in Brighton sell for $40.75 million
Adams County Property Location: 18824 E. Bromley Road, Brighton Property Description: 1.3 million-sf warehouse, YOC 1994, concrete construction Land Size: 103.3 acres Sales Price: $40.75M, or $31.21 psf Reception No.: 80179 2018 Closing Date: 10-2 Grantor: Brighton Lease Management LLC by: Net Lease Management Partners LLC (John H. Newcomer Jr., as liquidating trustee) Grantee: Starboard Platform Brighton…
John Winslow
October 18, 2018Denver Rock Island Railroad snags industrial building in North Denver
Adams County Property Location: 5440 Franklin St., Denver Property Description: 21,120-sf warehouse, YOC 1982 Land Size: 3.2 acres Sales Price: $3.8M, or $179.92 psf Reception No.: 78117 2018 Closing Date: 9/24 Grantor: McConnell Manufacturing Properties LLC, 5793 Interstate 25, Walsenburg 81089, attn: Patrick G. McConnell, mbr. Grantee: The Denver Rock Island Railroad, 303-296-0900, Commerce City Financing: $3.84M…
John Winslow
October 17, 2018Corum Real Estate sells Central 62 in $21.33 million deal
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Kris Oppermann Stern
October 15, 2018Industrial building sells for $189 per square foot
Gullo Cos. sold a 12,672-square-foot industrial building on 1.43 acres at 4960 Locust St. in Commerce City for $2.4 million, or $189.39 per sf. The property features a fully paved and secure yard. The buyer was a local investor, Eric Stern. “At nearly $190 per square foot, this sale shows again how strong the demand…
Kris Oppermann Stern
October 12, 2018