8648 S. Peoria St.

International nonprofit buys final building in Concord Business Park

An international relief organization has a permanent home in the Denver area thanks to its $11.39 million purchase of the final building at Concord Business Center in Douglas County. Samaritan’s Purse, a nondenominational Christian organization, bought a 63,550-square-foot industrial building at 8648 S. Peoria St. that developer IBC Holdings just completed. The building finalized build-out…

Jill Jamieson-Nichols

December 2, 2018

Prime Commerce City industrial site sells for $1.1 million

Adams County Property Location: Northeast corner I-270 & Havana St., Commerce City Property Description: Vacant land zoned industrial Land Size: 3.53 acres Sales Price: $1.1M, or $7.15 psf Reception No.: 89664 2018 Closing Date: 11/2 Grantor: Royal Crest Enterprises LLC (William Kinney, Aaron Kinney & Anthony Spadafora, mbrs.) Grantee: SASS Land LLC (Matt S. Sass, mgr.), Douglas…

John Winslow

November 26, 2018

High-demand Denver industrial buildings command large dollars

Denver County Property Location: 5145 N Clarkson St. Property Description: 2,240-sf office/warehouse (630-sf office area), YOC 2006, metal construction, two-drive-in doors (10’ x 10’) with 12’ clear height Land Size: 9,355 sf Sales Price: $550,000, or $245.54 psf Reception No.: 2018146175 Closing Date: 11/13 Grantor: Blackwater LLC (Christopher J. Chapin, mbr.) Grantee: Drew Bisping 303-789-4759 Financing: Cash…

John Winslow

November 21, 2018

Nate’s Import Automotive expands on adjoining site

Denver County Property Location: 1422 W. Alameda Ave., Denver Property Description: Misc. improvements (land value) Land Size: 12,500 sf Sales Price: $425,000, or $34.00 psf Reception No.: 2018146353 Closing Date: 11/13 Grantor: Surplus Tools & Commodities Inc. (Roger Allan Cox) Grantee: Nathaniel Ramos, 1430 W. Alameda Ave., Denver Financing: Cash Comments: Buyer acquired site next door to his 4,014-sf…

John Winslow

November 19, 2018

Central Development snags another 5.43 acres at Centennial business park

Arapahoe County Property Location: West side S. Blackhawk St. at E. Easter Place intersection, approximately 700 feet north of E. Fremont Ave., Centennial Property Description: Vacant industrial land Land Size: 5.426 acres Sales Price: $945,428, or $4 psf Reception No.: D8102864 Closing Date: 10/10 Grantor: Jordan-Arapahoe LLP (Chris M. Wittenbrink, mgr., et al.) Grantee: Encompass Land Venture…

John Winslow

November 15, 2018

Houston investor snags two marijuana-tenant Industrial buildings

Denver County 1. Property Location: 4600 Ironton St., Denver Property Description: 37,636-sf warehouse, YOC 1976, twin tee construction Land Size: 2.21acres Sales Price: $3.6M, or $95.65 psf Reception No.: 2018140225 Closing Date: 10/29 Grantor: BCP-4600 Ironton LLC (Chad A. Brue, mgr.), 303-500-8959 Grantee: GS Ironton LLC, Chris Calato, 832-301-3933, c/o Morningside Capital Comments: This building has been divided…

John Winslow

November 14, 2018

Dallas developer snags northeast Denver build-to-suit for Caliber Collision

Denver County Property Location: 5050 Smith Road, Denver Property Description: Misc. improvements (land value) Land Size: 2.13 acres Sales Price: $1.2M, or $12.93 psf Reception No.: 2018140622 Closing Date: 10-30 Grantor: Farzo Co LLC (Joseph E. Bojalad, III, mgr.), Sewickley, PA 15143 Grantee: VRD at Stapleton LLC, c/o Tony Ramji, president of Victory Real Estate Group, 214-718-0707…

John Winslow

November 9, 2018

Granite Depot snags central Denver warehouse for $2.4 million

Denver County Property Location: 2605-2625 W. 8thAve., Denver Property Description: 18,950-sf warehouse (7,317-sf office area), YOC 1973, updated in 1987, three dock doors and one drive-in (10’x14’), 18’ ceiling height Land Size: 28,000 sf Sales Price: $2.4M, or $126.65 psf Reception No.: 2018140785 Closing Date: 10-31 Grantor: Greenwood Enterprises LLC (Greg Greenwood, mgr.) Grantee: 2605 W. 8thAve…

John Winslow

November 6, 2018
13705 Compark Blvd.

REIT pays $12.8 million for net-leased flex building

A New York-based real estate investment trust purchased a net-leased flex property in Englewood in a $12.8 million sale-leaseback. One Liberty Properties Inc. acquired Applied Control Equipment’s building at 13705 Compark Blvd. Applied Control Equipment signed a lease that extends through 2030. The lease includes an aggregate annual base rent of approximately $926,000 and 2.5…

Jill Jamieson-Nichols

November 2, 2018
Inova Flex

Inova Flex fetches record price for southeast Denver

A single-story flex building at Inova Dry Creek in Centennial fetched a record price of $226.21 per square foot. GT Inova LLC paid $16.1 million for Inova Flex, a 71,172-sf building at 7304 S. Joliet St. that developer United Properties completed last year. It was the first true flex building developed in more than a…

Jill Jamieson-Nichols

November 2, 2018