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1031 Exchange

1031 exchanges may be axed by Trump’s tax plan

Riki Hashimoto’s phone was ringing off the hook late last week. Anxious investors had one question for the commercial real estate broker after President Donald Trump released his still skeletal outline for tax reform last Wednesday: “Are 1031 exchanges going away?” While a lot of media ink was devoted to things like the proposed 15…

Kris Oppermann Stern

May 1, 2017
1700 E. 68th Ave.

Industrial building sells in $8.9 million leaseback

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

May 1, 2017
Comp of the Day handshake image

York Street industrial property changes hands for $5 million

Denver County Property Location: 3975 York St., Denver Property Description: 21,683-sf industrial building, YOC 1949 Land Size: 3.994 acres Sales Price: $5M, or $28.74 psf (land value) Reception No.: 2017041502 Grantor: G&M Trailer Repair of Colorado Inc., Philip MacDougall, VP Grantee: PIII York Street LLC c/o Travis McAfoos, 303-861-4225, 10025 Valley View Road, Suite 190, Eden Prairie, MN…

John Winslow

May 1, 2017
1031 Exchange

1031 exchanges may be axed by Trump’s tax plan

Riki Hashimoto’s phone was ringing off the hook late last week. Anxious investors had one question for the commercial real estate broker after President Donald Trump released his still skeletal outline for tax reform last Wednesday: “Are 1031 exchanges going away?” While a lot of media ink was devoted to things like the proposed 15…

Kris Oppermann Stern

May 1, 2017
Majestic

Majestic lives up to its name with giant warehouse

Majestic Realty Co. is living up to its name with a giant warehouse on its drawing board. Consider: The warehouse is the size of almost 13 football fields; It could store 10 Statute of Liberties; The amount of steel used to construct it could build 1,883 Priuses; The asphalt required could build a 20-foot-wide road…

Kris Oppermann Stern

April 29, 2017
Comp of the Day handshake image

User buys industrial property in Arvada

Jefferson County Property Location: 6762 Fig St., Arvada Property Description: Vacant land Land Size: 91,476 sf Sales Price: $411,642, or $4.50 psf Reception No.: 2017030816 Grantor: Parkway Investment Company, Peter Niederman, VP, 303-748-1100 Grantee: Hamilton Brothers Properties LLC, Mark Hamilton, 303-349-9403 8730 W. 14th Ave., Lakewood 80215 Closing Date: 3/22 Comments: See APN: 39-063-01-001, See Lot 4, Block…

John Winslow

April 27, 2017
Majestic

Majestic lives up to its name with giant warehouse

Majestic Realty Co. is living up to its name with a giant warehouse on its drawing board. Consider: The warehouse is the size of almost 13 football fields; It could store 10 Statute of Liberties; The amount of steel used to construct it could build 1,883 Priuses; The asphalt required could build a 20-foot wide…

Kris Oppermann Stern

April 27, 2017
Comp of the Day handshake image

Beacon Capital buys River North site

Denver County Property Location: Bounded by Blake Street, 36th Street, Downing Street & Walnut Street Property Description: 2,470-sf warehouse, YOC 1988 Land Size: 2.32 acres Sales Price: $19.38M, or $191.39 psf (land value) Reception No.: 2017042118 Grantor: HUB Development LLC, Andrew M. Feinstein, mgr., 303-297-8151, & Elevation HUB LLC, Brent M. Farber, mgr. Grantee: BCSP Rino Property LLC…

John Winslow

April 26, 2017

Majestic Commercenter goes huge on spec

With prelease agreements taking up a majority of what was the largest speculative industrial project ever to be built in the metro-area, Majestic Realty Co. announced plans to beat its own record and build the state’s largest individual speculative building at its Majestic Commercenter park in Aurora. Set to break ground in June, the 701,500-square-foot…

CREJ

April 20, 2017

Hub 25 leases another 140,000 square feet to four tenants

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

April 17, 2017