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Dallas developer acquires site in northwest Denver for $1 million

Denver County Address or Location: 3930 W. 38th Ave., Denver Improvements: land value Land Size: 11,986 sf Date of Recording: 7/7 Reception No. D7077087 Price: $1M, or $83.43 psf (land value) Grantor: Sonrisa Holdings LLC, Eugene R. Lucero, mgr. Grantee: LG Perry 38th Highlands LLC c/o Leon Capital Group, 214-865-8082 Financing: Cash Comments: The APN…

John Winslow

July 21, 2017
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Land for proposed FedEx building trades

Adams County Address or Location: 8871 Yosemite St., Commerce City Land Size: 3.214 acres Date of Recording: 6/29 Reception No. 55996 Price: $1.8M, or $213.06 psf Grantor: Rocky Crest Enterprises LLC, William Kinney, mbr. Grantee: FedEx Ground Package System Inc. Financing: Cash Comments: Proposed new FedEx Building, see APN: 1721-21-0-05-025 Comp of the Day is…

John Winslow

July 20, 2017
Rockmount

Rockmont Remainder: A neglected opportunity in Denver

This the third 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 and the Denver Design District. Future pieces also will look at sites in…

Steve Ferris

July 4, 2017
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Parker site sells to Colorado homebuilder for $2.85 million

Douglas County Property Location: East side of Wootton Trails, 200’ south of Lincoln Ave., Parker Property Description: Vacant land Land Size: 20.47 acres Sales Price: $2.85M, or $3.20 psf Reception No.: 2017029711 Grantor: Connie D. Gerdes, 303-753-1445 Grantee: Cardel Parker LP, Rod D. Mickelberry, mgr., 303-662-8942 Closing Date: 5/1 Financing: Cash Comments: Lots 4-6 & Tracts D, E…

John Winslow

June 23, 2017
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Denver Hospital Authority acquires Green Valley site from Oakwood Homes

Denver County Property Location: NEC E. 50st Ave. and Tower Road Property Description: Vacant land Land Size: 3.58 acres Sales Price: $1.71M, or $10.92 psf Reception No.: 2017070975 Grantor: Oakwood Homes LLC, Robert J. Sandeman, EVP Grantee: Denver Health and Hospital Authority Closing Date: 5/30 Comments: See APN: 00153-00-006, zoned C-MU-20. Comp of the Day is provided by…

John Winslow

June 9, 2017
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Denver infill site closes for $132 per square foot

Denver County Property Location: 1450 Franklin St., Denver Property Description: Land value Land Size: 12,500 sf Sales Price: $1.65M, or $132 psf Reception No.: 2017070187 Grantor: The Franklin LLC, Brad Broyhill & Brian Toerber, mgrs. Grantee: South Broadway & East Arizona LLC, Lance Gutsch, 720-810-1302, & Kiely Wilson, 303-601-1997, 295 Clayton St., Suite 230, Denver 80206 Closing…

John Winslow

June 8, 2017
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Richmond Homes acquires 15.44-acre site zoned for 72 units

Arapahoe County Property Location: Northeast corner S. Uvalda St. & E. Peakview Ave.; southeast corner of E. Caley Ave & S. Uvalda St., “Peakview Village at Centennial” Property Description: Vacant land, zoned R-U for 72 detached homes Land Size: 15.44 acres Sales Price: $4.32M, or $6.42 psf, or $60,000 per unit Reception No.: D7046052 Grantor: Castle-Prim LLC,…

John Winslow

May 18, 2017
Adams County

Adams County on a roll

Adams County is on a roll. An unnamed company is expected to announce later this year that it will bring a record 3,500 to jobs to Adams County. To put that in perspective, the most jobs ever announced in one year in Adams County took place just before the Great Recession hit. And that was…

Kris Oppermann Stern

May 18, 2017
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East Colfax Avenue site sells for $21.31 per square foot

Denver County Property Location: SEC Trenton St. & East Colfax Ave., Denver Property Description: Vacant land Land Size: 30,500 sf Sales Price: $650,000, or $21.31 psf Reception No.: 201705659 Grantor: Crosscheck LLC, Scott & Steven Richter Grantee: City and County of Denver Closing Date: 4/27 Financing: Cash Comments: Lot 1-10, Block 7, Kensington Comp of the Day is…

John Winslow

May 17, 2017
Pinnacle

Pinnacle high point for James Mansfield

Pinnacle Real Estate Advisors has been the perfect fit for James Mansfield. “Pinnacle has exceeded my expectations,” Mansfield told me last week. Mansfield, a veteran of big firms such as Cushman & Wakefield, Opus Northwest LLC, Brookfield Office Properties and Grubb & Ellis, initially joined Pinnacle in November 2015. Last month, he was one of…

Kris Oppermann Stern

May 16, 2017