1031 buyer pays $12.67 million for Englewood industrial bldg.
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Kris Oppermann Stern
June 5, 2017Industrial developers see potential on I-25 north corridor
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Kris Oppermann Stern
June 5, 2017Englewood Industrial Investment snagged by Denver investor
Arapahoe County Property Location: 3880-90 S. Windermere St. & 3865 S. Kalamath St., Englewood Property Description: 147,111-sf industrial building, YOC 1968, concrete Land Size: 5.54 acres Sales Price: $12.67M, or $86.13 sf Reception No.: D7048232 Grantor: Drake Mansfield Partners LLC, Jon Hardy, mgr. Grantee: Sand Creek Investors, Bryant G. Winslow, mgr., 303-761-3183 Closing Date: 4/28 Financing: $7.59M payable…
John Winslow
May 23, 2017Adams County on a roll
Adams County is on a roll. An unnamed company is expected to announce later this year that it will bring a record 3,500 to jobs to Adams County. To put that in perspective, the most jobs ever announced in one year in Adams County took place just before the Great Recession hit. And that was…
Kris Oppermann Stern
May 18, 2017Pinnacle high point for James Mansfield
Pinnacle Real Estate Advisors has been the perfect fit for James Mansfield. “Pinnacle has exceeded my expectations,” Mansfield told me last week. Mansfield, a veteran of big firms such as Cushman & Wakefield, Opus Northwest LLC, Brookfield Office Properties and Grubb & Ellis, initially joined Pinnacle in November 2015. Last month, he was one of…
Kris Oppermann Stern
May 16, 2017Power cooperative to re-energize former Abound Solar building
United Power will re-energize a vacant 130,117-square-foot building along Interstate 25 in Longmont. The power cooperative bought the former Abound Solar building at 9586 E. I-25 Frontage Road for $9.2 million, or $71.71 per sf. The building will serve as a fourth location for the Brighton-based co-op. Abound vacated the office/flex/manufacturing building when it declared…
Kris Oppermann Stern
May 12, 2017Northern I-25 corridor steaming ahead
The Northern Colorado Interstate 25 corridor always seems to be on the verge of taking off. "That whole northern I-25 corridor is red-hot," according to a prominent commercial real estate consultant. She told me that in 2003, when I was the real estate editor of the Rocky Mountain News. Anyone who makes the drive from…
Kris Oppermann Stern
May 9, 2017CU wins 15th annual Rocky Mountain Real Estate Challenge
(https://cozumelparks.com)
Kris Oppermann Stern
May 4, 2017Plumbing supply principals acquire North Denver warehouse
Adams County Property Location: 1325 E. 58th Ave., Denver Property Description: 40,500-sf warehouse, YOC 1974, masonry Land Size: 2.01 acres Sales Price: $3.61M, or $89.14 psf Reception No.: 31909-2017 Grantor: Blue River Venture LLC, James & Jacob Robertson, mgrs. Grantee: 5 Palms Properties LLC 5, Steve Morgan & Steve Norton, mbrs. 303-308-1325, Denver 80216 Closing Date: 4/11 Financing:…
John Winslow
May 4, 2017South Denver warehouse sells to owner-user for $127 per square foot
Denver County Property Location: 1385 S. Inca St., Denver Property Description: 11,035-sf warehouse, YOC 1961, brick, 5 drive-in doors Land Size: 28,566 sf Sales Price: $1.4M, or $126.87 psf Reception No.: 2017037895 Grantor: Svedin & Lewis Invest LLC, Peter Svedin & Jason Lewis, mgrs. Grantee: GHI LLC, Dave Gartland & David Ipson, mbrs., 303-892-1973, c/o Boa Construction Inc.,…
John Winslow
May 2, 2017