First Industrial Realty Trust acquires Aurora Commerce Center
Adams County Property Location: SEC Picadilly Road & East 26thAve., Aurora Property Description: Vacant industrial park land Land Size: 138.634 acres Sales Price:$9.85M, or $1.63 per sf Reception No: 2018000048992 Closing Date: 6/12 Grantor:Denver Venture I, LLC, Danny Kuo, SVP Grantee: FR Aurora Commerce Center Phase I LLC, c/o First Industrial Realty Trust Inc., 8200 Park…
John Winslow
June 25, 2018
Father and son commercial brokers sell Englewood flex building
Arapahoe County Property Location: 2107 W. College Ave., Englewood Property Description: 15,600-sf, two-story flex building, YOC 1981, block const. Land Size: 0.927 acres Sales Price: $1.7M, or $108.97 psf Reception No.: D8049392 Closing Date: 5/18 Grantor: Englewood West College Ventures LLC, Chad Harris, mgr. Grantee: Velo3 Properties LLC, Grant K Dunkle, mgr. Comments: Listed by Mike Wafer…
John Winslow
June 21, 2018
Longmont building trades for $68.5 million
A New York investor spent $68.5 million on half a million square feet of industrial space in Longmont. Boulder Acquisitions LLC, led by a Brooklyn-based private investor, bought Boulder County Business Center, a 556,410-sf building at 1601 Dry Creek Drive. EQC Operating Trust, an Equity Commonwealth affiliate, sold the property for $123.11 per sf. DigitalGlobe…
Kris Oppermann Stern
June 16, 2018
Denver Realtor acquires northeast Denver industrial property
Denver County Property Location: 3824 Dahlia St., Denver Property Description: 15,046-sf industrial building, YOC 1967 Land Size: 26,875 sf Sales Price: $1.35M, or $89.72 psf Reception No.: 2018060113 Closing Date: 5/18 Grantor: EJD Enterprises LLC, Edward Dwight, mbr. Grantee: LJRALR LLC, Adam Riddle, mgr., & River LLC, Zvi Rudawsky, mgr. Financing: $810,000 payable to Alpine Bank Cherry…
John Winslow
June 11, 2018Ivy Equities makes another purchase in East Boulder
A Greenwich, Connecticut, company completed its second acquisition in East Boulder with the $2.25 million purchase of an office/warehouse building. Ivy 2981 Sterling Property LLC, an Ivy Equities affiliate, bought the 13,720-square-foot building at 2981-2985 Sterling Court from Ceres Holdings LLC. The price was approximately $164 per sf. Built in 1981, the building is 100…
Kris Oppermann Stern
June 10, 2018
Denver investor facilitates 1031 exchange for central Denver warehouse
Denver County Property Location: 505 & 525 Bryant St., Denver Property Description: 6,000-sf brick warehouse, YOC 1962, & 5,200-sf brick warehouse, YOC 1961, total of 11,200 sf Land Size: 23,225 sf Sales Price: $1.32M, or $117.41 psf Reception No.: 2018060412 Closing Date: 5/21 Grantor: CG Holdings of Colorado LLC, Kelly Letts, signatory Grantee: 1316 Quitman Street LLC,…
John Winslow
June 8, 2018
Pressure on cannabis growers could put space on market
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Kris Oppermann Stern
June 3, 2018
Developers team up on Littleton industrial park
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Kris Oppermann Stern
June 1, 2018
421,500-sf Hub 25 at I-25 & 64th Avenue sells for $74 million
Adams County Property Location: 601 E. 64thAve., Denver, “Hub 25 Industrial” Property Description: 421,499-sf industrial buildings, YOC 2016-2017 Land Size: 24.753 acres Sales Price: $74M, or $175.56 psf Reception No.: 37912 2018 Closing Date: 5/10 Grantor: Mapleton Industrial Investors, Randy M. Schwartz, mgr., 303-298-1111 Grantee: HUB Acquisition LLC, c/o JP Morgan Investment Management Inc. Financing: Cash Comments: Four…
John Winslow
May 23, 2018
Westfield sells newly developed Hub 25 for $74 million
Westfield Co. has sold its newly developed Hub 25 industrial campus for $74 million, or $175.56 per square foot. Westfield completed the 421,499-sf infill development at 601 E. 64thAve. in Denver last year. The four-building campus is 95 percent occupied by eight tenants, including BSI Designs, Mountain High Appliance, Rustic Log Furniture Inc., Rep Fitness…
Kris Oppermann Stern
May 23, 2018
