Buehler Moving & Storage acquires 326,900 sf
Adams County Property Location: 16456 E. Airport Circle, Aurora Property Description: 326,900-sf industrial building, YOC 1999, concrete panel Land Size: 17.27 acres Sales Price: $20.1M, or $61.49 psf Reception No.: 20160000106271 Closing Date: 12/6 Grantor: Graebel Warehouse LLC, William H. Graebel, mgr., 303-329-3217 Grantee: S&Z Realty LLLP c/o Buehler Moving & Storage, Stuart Smith, pres., 3899 Jackson St., Denver…
John Winslow
December 21, 2016Denver-based DCT rings closing bell
Phil Hawkins, president and CEO of Denver-based DCT Industrial Trust, and DCT market leaders were in New York Dec. 13 to ring the closing bell of the New York Stock Exchange. DCT, the largest publicly traded real estate investment trust headquartered in Denver, is celebrating its 10th anniversary this month. The company acquires, develops, leases and manages bulk distribution…
CREJ
December 20, 2016Denver company buys 326,844-sf building for $20.1 million
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Kris Oppermann Stern
December 19, 2016Conscience Bay buys 277,236-sf industrial building in Aurora
Conscience Bay Co. made a value-add play in the Denver market with the $14.51 million acquisition of a soon-to-be-vacated industrial building in Majestic Commercenter. Boulder-based Conscience Bay bought the 277,236-square-foot building at 20101 E. 36th Drive in Aurora from S&Z Realty LLLP for $52.34 per sf, well below replacement cost. The U.S. Postal Service and…
Kris Oppermann Stern
December 19, 2016Winslow Report 12-21-16
Adams County Property Location: 1287 S. Eighthth Ave., Brighton, “Solaire Apartments” Property Description: 252-unit apartment complex, 11 buildings plus clubhouse, YOC 2014, 284 covered parking spaces, 95 detached parking garages, 369 open spaces, total net rentable area of 253,116 sf Land Size: 16.38 acres Sales Price: $57.5M, or $228,175/unit, or $227.17/sf Reception No.: 2016097834 Closing Date: 11/10 Grantor:…
John Winslow
December 19, 2016Transwestern releases latest Market Watch reports
The Denver retail market absorbed 2.3 million square feet year to date, according to Transwestern's latest reports on the retail, office, industrial and flex markets. The retail vacancy rate decreased, as did the average asking rate.[vc_column width="1/3"][vc_column width="1/3"][vc_column width="1/3"]
CREJ
December 13, 2016Investor facilitates 1031 exchange with Denver Uptown site
Denver County Property Location: 838 Park Avenue West (south corner Champa St. & Park Ave. West), Denver Property Description: 1,300 -auto service garage, YOC 1959 (land value) Land Size: 12,791 sf Sales Price: $1.58M, or $123.13 psf Reception No.: 2016113865 Closing Date: 8/24 Grantor: B&R Lawrence LLC, Behrooz Hadgi Maleki, mgr. Grantee: Oyster Holding II LLC Comments: This property is…
John Winslow
December 6, 2016DCT pays $15.6 million for Class A building on I-70
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Kris Oppermann Stern
December 5, 2016City of Golden sells industrial sites to Golden developer
Jefferson County Property Location: SWC Pine Ridge Road & Catamount Drive, Golden Property Description: Vacant land, zoned industrial Land Size: 254,826 sf, or 5.85 acres Sales Price: $1.6M, or $6.28 psf Reception No.: 2016111618 Closing Date: 10/25 Grantor: City of Golden, Jason Slowinski, city manager Grantee: Erie Partners II LLC, David Bailey, 303-384-0200, Golden, CO 80401…
John Winslow
November 24, 2016Investcorp buys $250 million in Denver, Boston assets
The U.S.-based investment arm of Investcorp, a global provider and manager of alternative investment products, has acquired a diverse portfolio of real estate properties in the Boston and Denver metropolitan areas for approximately $250 million. The five investments include 20 buildings and 1.8 million square feet of office, industrial, flex and laboratory space, highlighting Investcorp’s…
CREJ
November 23, 2016