Former Sports Authority buildings sell for nearly $75 per square foot
Arapahoe County Property Location: 1050-1090 W. Hampden Ave., Englewood Property Description: 210,787 sf (two flex buildings consisting of 92,000 sf & 118,787 sf, YOC 1987, block construction) Land Size: 14.796 acres Sales Price: $15.77M, or $74.79 psf Reception No.: D7039519 Grantor: 1050 Hampden LLLP (Etkin Johnson Real Estate Partners, Bruce H. Etkin, pres.) Grantee: West Hampden Investors…
John Winslow
April 17, 2017
LBA Realty buys industrial buildings
Denver County Property Location: 4210-4220-4240-4246-4250 Carson St, Denver Property Description: 203,393 sf of industrial space (5 buildings) YOC 2007, concrete panel construction Land Size: 14.341 acres Sales Price: $26.4M Reception No.: 2017036444 Grantor: MWBP LLC (J. Jeffrey Riggs, mgr.) Grantee: LBA NCC-Company X LLC, Steven R. Layton, mgr. Closing Date: 3/6 Comments: See APN: 01246-00-041, 01246-00-042, 01246-00-043, 01246-00-054,…
John Winslow
April 14, 2017
Brue Baukol Capital yields 48.33% in 2.5 years with warehouse sale
Denver County Property Location: 4330 E. 48th Ave., Denver Property Description: 45,554-sf warehouse, YOC 1973, twin tee construction, 20’ ceiling height, 3 dock-high doors, 1 drive-in door, two rail doors Land Size: 2.69 acres Sales Price: $4.45, or $97.69 per sf Reception No.: 2017036698 Grantor: CBP48th Ave I LLC, Brue Baukol Capital Partners, Chad Brue, mgr.…
John Winslow
April 11, 2017
NAIOP: U.S. commercial real estate development supports 6 million jobs
Commercial real estate development in Colorado supports 45,897 related jobs and contributes $5.88 billion to the state’s economy, according to an annual study published by NAIOP Research Foundation. The NAIOP study showed development, construction and ongoing operations of new commercial real estate in the United States – office, industrial, warehouse and retail – generates significant…
CREJ
April 10, 2017
Rocky Mountain Structures acquires north Denver industrial site for $6.50 per sf
Denver County Property Location: 2025 E. 64th Ave., Denver (north side of E. 64th Ave., approximately 500’ west of York St.) Property Description: Vacant industrial Land Land Size: 8.76 acres Sales Price: $2.48M, or $6.50 per sf Reception No.: 22558 Grantor: ADG Investments LLC, Daniel J. Gryzmala, mgr. Grantee: Gilliland Family Partners LLLP, Cody Gilliland, mgr. Closing…
John Winslow
April 10, 2017
Etkin Johnson sells Sports Authority buildings for $15.77 million
Etkin Johnson Real Estate Partners has sold the former Sports Authority headquarters in Englewood for $15.77 million. West Hampden Investors LLC, a group headed by Stuart Ogilvie of Ogilvie Properties, bought the property, which consists of two office/flex buildings at 1050 and 1090 W. Hampden Ave. The buildings total 210,207 square feet. Sports Authority leased…
Kris Oppermann Stern
April 7, 2017
Golden industrial developer industrial acquires site for $5.71 per square foot
Jefferson County Property Location: East side Catamount Drive, approx. 392’ north of Golden Gate Canyon Road, Golden, 1255 Catamount Drive Property Description: Vacant land, plan to build 13,750-sf office/warehouse, with outside storage allowed and 30 parking spaces required Land Size: 73,180 sf Sales Price: $417,650, or $5.71 per sf Reception No.: 2017026401 Grantor: City of Golden, Marjorie…
John Winslow
April 5, 2017
LBA pays $26.4 million for Mountain West buildings
LBA Realty purchased a portfolio of five freestanding, Class A industrial buildings for $26.4 million, or $126.67 per square foot. The buildings comprise 208,418 sf at Mountain West Business Park, which fronts Interstate 70 at the I-225 interchange. Mountain West Industrial Properties developed and sold the portfolio, which it completed in 2008. “They are Class…
Kris Oppermann Stern
April 3, 2017Companies look to 36 corridor to attract, retain talent
Companies are looking toward the U.S. Highway 36 corridor to attract and retain employees in the technology sector, and as density increases, so too will investor interest. “I think one of the things that investors are predicting, and its time has really come, is that the 36 corridor is going to be the recipient of…
Kris Oppermann Stern
April 3, 2017
BSI secures space in market impacted by big projects
Landlords with available industrial product in the central Denver submarket are in prime position to capture tenants being displaced by redevelopment of the National Western Stock Show complex, Interstate 70 reconstruction and the continued exodus of industrial users out of River North. BSI’s recently signed 117,000-square-foot lease at Hub 25, Westfield Co.’s new project at…
Kris Oppermann Stern
April 3, 2017
