Century Communities acquires 2.8 acres in Lone Tree for self-storage
Douglas County Address or Location: 9368 Teddy Lane, Lone Tree Improvements: Vacant land Land Size: 2.827 acres Date of Recording: 7/25 Reception No. 2017050455 Price: $1.5M, or $12.18 psf Grantor: Lone Tree Storage LLC by: Hier & Company, Nicholas Hier, mgr. Grantee: Storage at Lone Tree LLC by: Century Communities Financing: Cash Comments: Legal is…
John Winslow
August 21, 2017
PedCor Properties of Indiana pays $5.4M for 16.32 acres in Thornton
Adams County Address or Location: Northeast corner East 160th Ave. & Grant St., Thornton Improvements: Vacant land, proposed 338-unit apartment complex Land Size: 16.318 acres Date of Recording: 7/21 Reception No. 63427 2017 Price: $5.4M, or $7.60 psf, or $15,976 per unit Grantor: Thornton 164 LLC, Jay Perlmutter, mgr. Grantee: Village Capital Corp., c/o Signature…
John Winslow
August 17, 2017
Austin apartment developer lands high-density site for $163.45 per square foot
Denver County Property Location: 2432 W. Byron Place & 2430 & 2450 Alcott St., Denver Property Description: Misc. improvements (land value) Land Size: 35,178 sf, zoned C-MX-12 Sales Price: $5.75M, or $163.45 per sf Reception No.: 2017098802 & 2017098801 Closing Date: 7/28 Grantor: Wright Family 1995 LLLP, Ruth M Wright & Kenneth R. Wright, GP…
John Winslow
August 16, 2017
Park Hill golf course a large opportunity & delicate balancing act
Steve Ferris, Founder and principal, Real Estate Garage, Denver This the fourth in the series on Denver’s “whale sites,” defined as extremely prominent and underdeveloped land parcels whose size and location will define Denver’s future growth and development. Examples include the Burnham Yard, the former Denver Post Printing Site, Elitch Gardens, the Broadway Station Area…
Steve Ferris
August 15, 2017
Lennar acquires 327 lots in Thornton for $9.1 million
Adams County Address or Location: NWC E. 144th Ave. and Holly St., Thornton Land Size: 327 vacant platted lots (60.16 acres of lots plus 24.67 tract acres) Date of Recording: 7/21 Reception No.: 63020 2017 Price: $9.16M, or $3.48 psf – lot area – or $27,849 per lot Grantor: VTL Willow Bend LLC (True Life…
John Winslow
August 9, 2017
Lone Tree self-storage site sells for more than $12 per square foot
Douglas County Address or Location: 9368 Teddy Lane, Lone Tree Improvements: Vacant land Land Size: 2.827 acres Date of Recording: 7/25 Reception No.: 2017050455 Price: $1.5M, or $12.18 psf Grantor: Lone Tree Storage LLC by: Hier & Company, Nicholas Hier, mgr. Grantee: Storage at Lone Tree LLC by: Century Communities Financing: cash Comments: Legal is…
John Winslow
August 7, 2017
Denver developer acquires 1,150 acres from LNR High Point for $25 million
Adams County Address or Location: Vicinity of East 64th Ave. & E-470, Aurora Improvements: Vacant land Land Size: 1,150 acres Date of Recording: 7/21 Reception No.: 63263 2017, also recorded in Denver County Price: $25M, or $21,739 per acre Grantor: LNR CPI High Point LLC Grantee: ACM High Point VI LLC, Andrew Klein, mgr. Financing:…
John Winslow
August 4, 2017
Adams County acquires 174 acres in northern Adams County for $9.1 million
Adams County Address or Location: Vicinity of northwest side of Brighton Road, northeast of E-470 Improvements: Vacant land Land Size: 174.454 acres Date of Recording: 7/11 Reception No. 60674 2017 Price: $9.1M, or $52,300 per acre Grantor: Clay Carlson, Clarke D. Carlson & Carlson Family Trust Grantee: The Trust for Public Land, 607 Cerrillos Road,…
John Winslow
July 31, 2017
Baker district site scores nearly $152 per square foot
Denver County Address or Location: 346-360 Acoma St., Denver Improvements: 33,016-sf office building, YOC 1964, brick (land value) Land Size: 40,366 sf Date of Recording: 7/13 Reception No. 2017092257 Price: $6.13M, or $151.86 psf Grantor: Mi Casa Resource Center Grantee: VCMRE 360 LLC, Paul E. Slye, mgr., (by: Vukota Capital) Financing: $4.4M payable to Shames…
John Winslow
July 27, 2017
Water conservation key to Sterling Ranch
Water. While much has been written about affordable housing and the acute labor shortage, as pressing as these problems are, they take a backseat to water. Without water, development and growth in a semi-arid region like the Front Range, grinds to a halt. But water, like the ever-changing weather in Colorado, seems to be something…
Kris Oppermann Stern
July 26, 2017
