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Turnpike Business Park

California buyer looking to enter market lands 188,077 sf

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Kris Oppermann Stern

December 24, 2017
21200 E. 36th

Stihl takes down 122,511 sf with $10.65 million acquisition

The country’s biggest chainsaw manufacturer took down 122,511 square feet in Majestic Commercenter in a $10.65 million acquisition. Stihl Inc. bought the distribution building at 21200 E. 36th Drive in Aurora from Opus Development Company LLC. The price per sf was $86.93. A major manufacturer and distributor of outdoor power equipment, Stihl currently leases approximately…

Kris Oppermann Stern

December 17, 2017

Denver flex industrial building sells for $143.69 per square foot

Denver County Address: 1332 S. Cherokee St., Denver Improvements: 3,960-sf flex building, YOC 1962, twin-tee construction Land Size: 9,835 sf Date of Recording: 11/17 Reception No.: 2017152985 Price: $569,000, or $143.69 psf Grantor: Westbrook III LLC, James Feldstein, mgr. Grantee: Cherokee Commercial LLC, James M. Ticconi, mgr., 303-269-1575 Comments: Listed by Marc S. Lippitt, Justin…

John Winslow

December 12, 2017

User pays $10.65 million for industrial building

Adams County Address: 21200 E. 36th Drive, Aurora Improvements: 122,511-sf industrial facility, YOC 2016, 32’ clear, ESFR sprinklers, 12 dock doors, 2 drive-in doors, 89 parking spaces Land Size: 6.4 acres Date of Recording: 11/13 Reception No.: 101561 2017 Price: $10.65M, or $86.53 psf Grantor: Opus Development Company LLC, Dave Everson, VP Grantee: STIHL Inc.,…

John Winslow

December 4, 2017
800 Hoyt St.

Class A, 32-foot-clear industrial product to be delivered to corridor

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

November 26, 2017

Local broker acquires Englewood industrial property for $2.46 million

Arapahoe County Address or Location: 3755 S. Lipan St., Englewood Improvements: 34,652-sf warehouse, YOC 1954, brick/block construction Land Size: 1.756 acres Date of Recording: 11/02 Reception No: D7126940 Price: $2.46M, or $70.99 psf Grantor: Consolidated Steel Services Inc., Robert S. Schmidt, pres. Grantee: Ringsby Terminals Inc., Alex Ringsby, mgr. Financing: $1.9M payable to the seller,…

John Winslow

November 24, 2017
14101 E. Otero

Brennan enters Denver market with 150,000-sf industrial bldg.

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Kris Oppermann Stern

November 19, 2017
Comp of the Day handshake image

Albrook Partners acquires industrial building through 1031 exchange

Arapahoe County Property Location: 12876 E. Adams Aircraft Circle, Englewood Property Description: 50,000-sf, two-story industrial/office building, YOC 2000, (including 23,600 sf office space, 64’x24’ hangar door, four drive-in doors, 24’ clear, concrete tilt-up) Land Size: 3.09 acres Sales Price: $3.2M, or $64 psf Reception No.: 2017102479 D7114421 Closing Date: 10/4 Grantor: Wells Fargo Bank Trustee,…

John Winslow

October 23, 2017
Eastpark 70 Building 2

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

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Kris Oppermann Stern

October 16, 2017
Comp of the Day handshake image

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