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Forest City lands two homebuilders with $1.23M in sales

Denver County Address: 1) Northwest corner Beeler Street & E. 58th Ave., Denver; 2) North of E. 57th Place, and Boston Street Land Size: 8 lots totaling 19,530 sf; 2) 8 lots totaling 22,863 sf Improvements: Vacant lots Date of Recording: 12/13 Reception No.: 2017162496 & 2017162478 Price: $776,900/$39.78 psf/$97,113/lot; $456,000/ $19.95 psf/$57,000/lot Grantor: FC…

John Winslow

December 21, 2017

Canadian firm snags key Aurora site near E-470 for $10.5 million

Arapahoe County Property Location: SEC Powhaton Road & East Sixth Avenue-extended east, Aurora Property Description: Vacant land Land Size: 318.18 acres Sales Price: $10.5M, or $33,000 per acre Reception No.: 2017144359 Closing Date: 10/27 Grantor: Bellweather Associates, Steve Cohen, partner Grantee: Melcor/TC Aurora LLC, Ryan Mott, 480-699-4687 Financing: Cash Comments: See APN: 1977-00-0-00-367. There are…

John Winslow

December 7, 2017

Thornton site sells for $4 per square foot

Adams County Address: SWC E. 143rd Place & Grant St., Thornton Improvements: Vacant land Land Size: 12.17 acres Date of Recording: 11/7 Reception No.: 98802 2017 Price: $2.12M, or $4 psf Grantor: Thornton Long Term Investments LLC, c/o Evergreen Devco Inc. Grantee: TSG Grant LLC, Michael H. Staenberg, mgr. Financing: $1.59M payable to First National…

John Winslow

December 6, 2017

Land trades for townhome development

Denver County Address: North side W. 24th Ave., 200’ east of Decatur St. (2739 W. 24th Ave.), Denver Improvements: Vacant land, 16 townhomes planned with floorplans including 1,332 sf, 1,488 sf & 1,680 sf Land Size: 17,850 sf Date of Recording: 11/17 Reception No.: 2017152348 Price: $2.38M Grantor: 24th Ave LLC, Richard Scott Easton, mgr.…

John Winslow

December 1, 2017

Local dentist acquires Stapleton site for proposed building

Denver County Location: North side of Montview Blvd., 150’ east of Willow St., Denver Improvements: Vacant land Land Size: 24,035 sf Date of Recording: 11/16 Reception No.: 2017151449 Price: $336,500, or $14 psf Grantor: FC Stapleton II LLC Grantee: 5th Street LLC, Dr. Kate Steele, mgr., 303-278-3353 Financing: cash Comments: Steele plans to use the…

John Winslow

November 29, 2017

Pearl Street properties sell for $4.6 million

Boulder-based Element Properties made two long-term strategic acquisitions on Pearl Street for $4.6 million. The company paid $3 million for 2116 Pearl St., a 4,634-square foot building on 19,600 sf of land, and $1.6 million for 2126 Pearl, which comprises 3,972 sf on a 10,000-sf site. Espressoria and Alchemy Face Bar occupy the building at…

Kris Oppermann Stern

November 19, 2017

Diocese of Colorado Springs snags Parker site for $5.5 million

Douglas County Property Location: NWC Motsenbocker Rd & Hess Road, fronts southeast side of Triple Crown Drive Property Description: Vacant land Land Size: 13.554 acres (gross), 11.739 acres (net) Sales Price: $5.52 million, or $9.36 psf (gross) or $10.80 psf (net) Reception No.: 2017069587 Closing Date: 10/11 Grantor: Westchase Properties LLC, Marcus Palkowitsh, mgr. Grantee:…

John Winslow

November 17, 2017

FirstBank acquires motel for $1.75 million near Lakewood bank

Jefferson County Property Location: 12111 W. Colfax Ave., Lakewood Property Description: 7,994-sf motel (four buildings), YOC 1942-1971 Land Size: 44,431 sf Sales Price: $1.75M, or $39.39 psf (land value) Reception No.: 2017111546 Closing Date: 10/27 Grantor: Ki Hou Kim & Young Sook Kim Grantee: FirstBank Financing: Cash Comments: Grantee leased the property back to the…

John Winslow

November 16, 2017

Richmond American Homes takes down 162 lots for $5.69 million

Arapahoe County Property Location: Vicinity of SEC S. Malaya Court & E. Radcliff Parkway, Aurora Property Description: Vacant land Land Size: 20.232 acres (162 lots plus & 15 tracts totaling 7.901 = 28.133 acres) Sales Price: $5.69M, or $35,132 per lot, or $4.64 psf* Reception No.: D7122896 Closing Date: 10/30 Grantor: South Quincy Residential Developers…

John Winslow

November 15, 2017

Grand Peaks lands TOD site in Aurora for $3.9 million

Arapahoe County Property Location: SWC East Iliff Ave. & Blackhawk St., Aurora Property Description: Vacant land planned for 320 apartment units plus 12,415-sf retail building and two four-story buildings containing 329,800 sf Land Size: 5.24 acres Sales Price: $3.9M, or $17.09 psf, or $12,188 per buildable unit Reception No.: D7122896 Closing Date: 11/1 Grantor: Fashion…

John Winslow

November 14, 2017