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Denver investor sells Montbello Industrial building for $2.45 million

Denver County Property Location: 4705 Oakland St., Denver Property Description: 24,000-sf industrial building, YOC 1973 Land Size: 1.27 acres Sales Price: $2.45M, or $102.08 psf Reception No.: 2018079838 Closing Date: 6/26 Grantor: Calhoun Street Industrial LLC (John C. Webb, mbr.), 303-333-7500 Grantee: Carrick Properties LLC (Michael A. Leibowitz, mgr.) Financing: $3.8M payable to CapWest Income LLC Comp…

John Winslow

July 23, 2018
6300 Clermont

Flywheel Capital buys Commerce City industrial building

A rail-served industrial property in Commerce City changed hands at $5.1 million. Denver-based Flywheel Capital purchased the Intsel Steel West building at 6300 Clermont St. from McCallin Real Estate LLC. The 4.39-acre site includes a 59,638-square-foot warehouse with 2,492 sf of office space, plus a 5,306-sf freestanding office building. The property offers a compelling mix…

Kris Oppermann Stern

July 15, 2018
Centennial Business Park

Investment group pays $11.1M for Centennial industrial bldg.

This post is only available to subscribers of the the Colorado Real Estate Journal. If you have a subscription, please log in to view this post. If you do not […]

Kris Oppermann Stern

July 13, 2018

Flex building near Ken Caryl Ranch sells for $207 per square foot

Jefferson County Property Location: 11149 Bradford Road, Littleton Property Description: 36,841-sf warehouse, YOC 2006 Land Size: 3.02 acres Sales Price: $7.63M, or $207.00 psf Reception No.: 2018048576 Closing Date: 5/30 Grantor: Lot 17A, B1, KCBP LLLP, Allan R. Ojala, mgr. Grantee: Advanced Property Services LLC, Ty Correy, mgr., 303-756-7663 Financing: Cash Comments: Dan Bartell of Bartell and…

John Winslow

July 9, 2018
1150 catamount drive

CBD company leases Golden building for HQ & operations

A Boulder cannabinoid company leased a former GE Healthcare building in Golden for its headquarters and operations. Boulder Botanicals & Bioscience Labs leased the 26,180-square-foot facility at 1150 Catamount Drive with an option to buy the building. The property will serve as headquarters for several other sites throughout Colorado, including a 70-acre hemp farm in…

Kris Oppermann Stern

July 8, 2018
Springhill Business Center

Springhill Business Center trades to local group for $6.3 million

Spinghill Business Center, a multitenant industrial property in Aurora, sold to a local investment group for $6.3 million, or approximately $96 per square foot. Ohio Senior Housing Properties LLC, which traditionally has been an apartment owner but is venturing into other asset types, purchased the property at 909-943 Telluride St. and 908-950 Salida Way. The…

Kris Oppermann Stern

July 8, 2018

Denver investor acquires RiNo building for $1.7 million

Denver County Property Location: 3305 Larimer St., Denver Property Description: 9,264-sf warehouse, YOC 1973, brick construction Land Size: 12,500 sf Sales Price: $1.7M, or $183.51 psf Reception No.: 2018065046 Closing Date: 5/31 Grantor: Ralph B. Long Grantee: Larimer Place LLC, Matthew Palmer, mgr., 3300 Walnut St., Suite 117, Denver 80205 Comments: The buyer owns 3300 Walnut and…

John Winslow

July 6, 2018

Distributor expands with Pueblo purchase

Russ Davis Wholesale purchased the 128,100-square foot vacant manufacturing facility, once home to the Mars Co., Petcare Division, for $5.41 million from the Pueblo Economic Development Corp.

Jolene Wollett

July 1, 2018
Confluent Center 70

LBA Realty buys Confluent Center 70 for $148.81 per sf

LBA Realty bought a newly developed industrial building on the Interstate 70 corridor for $15.73 million, or $148.81 per square foot. Located off Interstate 70 and Chambers Road at 15100 E. 40th Ave. in Aurora, Confluent Center 70 is fully leased to three tenants. Confluent Development, which completed the building in late 2016, sold the…

Kris Oppermann Stern

July 1, 2018

Central Denver warehouse sells for $2.4 million

Denver County Property Location: 2320-2340 West 2ndAve., Denver Property Description: 17,200-sf industrial building, YOC 1959 Land Size: 26,562 sf Sales Price:$2.4M, or $139.53 per sf Reception No: 2018073795 Closing Date: 6/14 Grantor:Denver Rubber Co., Charles Jones, pres./CEO Grantee: Denver West 2ndAvenue LLC, c/o Industrial Realty Group LLC, Debra Harrell, SVP, 310-806-4434 Financing: Cash Comments: Buyer is…

John Winslow

June 26, 2018