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…
Kris Oppermann Stern
April 27, 2017
Beacon Capital buys River North site
Denver County Property Location: Bounded by Blake Street, 36th Street, Downing Street & Walnut Street Property Description: 2,470-sf warehouse, YOC 1988 Land Size: 2.32 acres Sales Price: $19.38M, or $191.39 psf (land value) Reception No.: 2017042118 Grantor: HUB Development LLC, Andrew M. Feinstein, mgr., 303-297-8151, & Elevation HUB LLC, Brent M. Farber, mgr. Grantee: BCSP Rino Property LLC…
John Winslow
April 26, 2017
Lennar Homes acquires 73.32-acre site planned for 212 homes
Arapahoe County Property Location: Vicinity of County Line Road & Monaghan Road, north of Douglas County Property Description: Vacant land Land Size: 73.323 acres Sales Price: $3.37M, or $45,983 per acre, or $15,904 per lot Reception No.: 2017042112 Grantor: MS Rialto Blackstone CO LLC, Sandy Goldberg, VP Grantee: Lennar Colorado, Jill Luchs & Kristi Balken, 303-754-0600 Closing…
John Winslow
April 25, 2017
Niederman bullish on commercial real estate
There are plenty of shiny, new office towers sprouting along the southeast corridor where Peter Niederman could easily lease 25,000 square feet for his residential real estate firm. So why did Niederman, CEO of Kentwood Real Estate, one of the nation’s most successful residential real estate firms, instead decide to build his own office building,…
Kris Oppermann Stern
April 20, 2017
Regis Jesuit High School acquires 18-acre site for $6 million
Arapahoe County Property Location: Northwest corner South Olathe Street & East Arapahoe Road, (16501 E. Arapahoe Road), Aurora Property Description: 4,964-sf storage building, YOC 1978; 1,972-sf office building, YOC 1964; & 2,336-sf residential building, YOC 1960 (land value) Land Size: 18.06 acres Sales Price: $6M, or $7.65 psf Reception No.: D7038792 Grantor: Kenneth Raymond Brady, Trustee for Charles…
John Winslow
April 15, 2017
Melody Homes facilitates second takedown of lots at High Point at DIA
Adams County Property Location: Vicinity of northeast corner E. 64th Ave. & Dunkirk St.; southwest corner N. Espana Court & E. 65th Place, Aurora Property Description: 50 vacant platted residential lots Land Size: 354,130 sf Sales Price: $1.65M, or $33,000 per lot, or $4.66 per sf Reception No.: 21444 2017 Grantor: LNR CPI High Point LLC, J.…
John Winslow
April 13, 2017
Rocky Mountain Structures acquires north Denver industrial site for $6.50 per sf
Denver County Property Location: 2025 E. 64th Ave., Denver (north side of E. 64th Ave., approximately 500’ west of York St.) Property Description: Vacant industrial Land Land Size: 8.76 acres Sales Price: $2.48M, or $6.50 per sf Reception No.: 22558 Grantor: ADG Investments LLC, Daniel J. Gryzmala, mgr. Grantee: Gilliland Family Partners LLLP, Cody Gilliland, mgr. Closing…
John Winslow
April 10, 2017
Golden industrial developer industrial acquires site for $5.71 per square foot
Jefferson County Property Location: East side Catamount Drive, approx. 392’ north of Golden Gate Canyon Road, Golden, 1255 Catamount Drive Property Description: Vacant land, plan to build 13,750-sf office/warehouse, with outside storage allowed and 30 parking spaces required Land Size: 73,180 sf Sales Price: $417,650, or $5.71 per sf Reception No.: 2017026401 Grantor: City of Golden, Marjorie…
John Winslow
April 5, 2017Companies look to 36 corridor to attract, retain talent
Companies are looking toward the U.S. Highway 36 corridor to attract and retain employees in the technology sector, and as density increases, so too will investor interest. “I think one of the things that investors are predicting, and its time has really come, is that the 36 corridor is going to be the recipient of…
Kris Oppermann Stern
April 3, 2017
The Bell Tower: A Denver whale site & design riddle
Steve Ferris, Founder and principal, Real Estate Garage, Denver This the first in the series on Denver’s “Whale Sites,” defined as extremely prominent underdeveloped land parcels whose size and location will influence Denver’s future growth and development. Examples include the Bell Tower site, Aquarium Parking Lots, Burnham Yard, the former Denver Post Printing Site and…
CREJ
April 3, 2017
