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Land

Land market taking center stage at CREJ conferences

Land demand in the Denver area is off the charts. “On activity, it probably is record as far as buyers of land,"  said Mike Kboudi, a land broker with Cushman & Wakefield. Competition is fierce. "It is really hard to get a good piece of ground,” said Kboudi, who during the past five years has sold…

Kris Oppermann Stern

May 11, 2017
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Local land speculator acquires 10 acres near Parker for $3.20 per square foot.

Douglas County Property Location: 5202 E. Mainstreet, Parker Property Description: land value Land Size: 10.4 acres Sales Price: $1.45M, or $3.20 psf Reception No.: 2017026096 Grantor: Cleta Mae Moomaw Trust, Ralene G. Felkins, trustee Grantee: Senderos Creek Condos LLC, Rudy Byler, mgr., 303-799-8300 Closing Date: 4/14 Comments: See APN: 2233-213-00-019. Property is not entitled, but intended use is…

John Winslow

May 10, 2017
northern

Northern I-25 corridor steaming ahead

The Northern Colorado Interstate 25 corridor always seems to be on the verge of taking off. "That whole northern I-25 corridor is red-hot," according to a prominent commercial real estate consultant. She told me that in 2003, when I was the real estate editor of the Rocky Mountain News. Anyone who makes the drive from…

Kris Oppermann Stern

May 9, 2017
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Raising Cane’s restaurant plans with four new restaurants

Arapahoe County Property Location: Vic. northwest corner S. Parker Road & E. Arapahoe Road, Centennial Property Description: Vacant land, proposed 3,706-sf “Raising Cane’s Restaurant” Land Size: 66,549 sf Sales Price: $2.06M, or $30.95 psf Reception No.: D7042297 Grantor: Arapark LLC c/o Kelmore Development, Bob Kountz, 303-779-1800 Grantee: National Retail Properties LP, Orlando, FL, Chris P. Tessitore, EVP…

John Winslow

May 5, 2017

CU wins 15th annual Rocky Mountain Real Estate Challenge

(https://cozumelparks.com)

Kris Oppermann Stern

May 4, 2017
Water Street

Water St. and the aquarium: Isolated yet connected ‘Whale Site’

Steve Ferris, Founder and principal, Real Estate Garage, Denver This the second in a 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, Broadway Station Area, RiNo Station…

Steve Ferris

May 1, 2017
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York Street industrial property changes hands for $5 million

Denver County Property Location: 3975 York St., Denver Property Description: 21,683-sf industrial building, YOC 1949 Land Size: 3.994 acres Sales Price: $5M, or $28.74 psf (land value) Reception No.: 2017041502 Grantor: G&M Trailer Repair of Colorado Inc., Philip MacDougall, VP Grantee: PIII York Street LLC c/o Travis McAfoos, 303-861-4225, 10025 Valley View Road, Suite 190, Eden Prairie, MN…

John Winslow

May 1, 2017
Majestic

Majestic lives up to its name with giant warehouse

Majestic Realty Co. is living up to its name with a giant warehouse on its drawing board. Consider: The warehouse is the size of almost 13 football fields; It could store 10 Statute of Liberties; The amount of steel used to construct it could build 1,883 Priuses; The asphalt required could build a 20-foot-wide road…

Kris Oppermann Stern

April 29, 2017
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Prospect Ridge Academy acquires 6.41 acres in Broomfield for expansion

Broomfield County Property Location: 16651 Alcott Way, Broomfield Property Description: Vacant land Land Size: 6.41 acres Sales Price: $1.44M, or $5.15 psf Reception No.: 2017003507 Grantor: NP Development Inc., Michael S. Warren, SVP, 970-962-9990 Grantee: PRA Building Corp c/o Prospect Ridge Academy, Ken Rooks, mgr. Closing Date: 3/21 Comments: See file plat recorded 2-3-2017, 2017001565, county of Broomfield.…

John Winslow

April 28, 2017
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User buys industrial property in Arvada

Jefferson County Property Location: 6762 Fig St., Arvada Property Description: Vacant land Land Size: 91,476 sf Sales Price: $411,642, or $4.50 psf Reception No.: 2017030816 Grantor: Parkway Investment Company, Peter Niederman, VP, 303-748-1100 Grantee: Hamilton Brothers Properties LLC, Mark Hamilton, 303-349-9403 8730 W. 14th Ave., Lakewood 80215 Closing Date: 3/22 Comments: See APN: 39-063-01-001, See Lot 4, Block…

John Winslow

April 27, 2017