Patience is key in $4 million deal near E. Iliff & S. Yosemite
Arapahoe County Property Location: Northwest corner of East Iliff Ave. & S. Yosemite, Denver Property Description: Land value, misc. improvements Land Size: 8.74 acres Sales Price: $4M, or $10.50 per sf Reception No: D8057177 Closing Date: 6/12 Grantor: Warren & Iliff LLC/8811 E. Iliff LLC, Steven Peckar, mgr., 303-741-6343 Grantee: Alpert Development II Inc., Scott Alpert, mgr.,…
John Winslow
June 29, 2018
Colorado Utility Co. acquires 25,000 sf in north Denver for $1.4 million
Denver County Property Location: E/S Cherokee St., approximately 50’ north of W. 43rdAve. Property Description: Vacant land Land Size: 25,029 sf Sales Price: $1.4M, or $139.53 per sf Reception No: 2018073795 Closing Date: 6/14 Grantor: SFF Real Estate Investments LLC, c/o Central Street Capital Inc., Rob Salazar, mgr., 303-989-3900 Grantee: Public Service Co., aka Xcel Energy Financing: Cash…
John Winslow
June 27, 2018
First Industrial Realty Trust acquires Aurora Commerce Center
Adams County Property Location: SEC Picadilly Road & East 26thAve., Aurora Property Description: Vacant industrial park land Land Size: 138.634 acres Sales Price:$9.85M, or $1.63 per sf Reception No: 2018000048992 Closing Date: 6/12 Grantor:Denver Venture I, LLC, Danny Kuo, SVP Grantee: FR Aurora Commerce Center Phase I LLC, c/o First Industrial Realty Trust Inc., 8200 Park…
John Winslow
June 25, 2018
Mile High Greyhound Park redevelopment reaches milestone
Commerce City's council and urban renewal authority board have approved an urban renewal plan for the former Mile High Greyhound Park. Approval of the plan allows the master developer for the site, REGen LLC, to finalize agreements with individual developers, secure financing and continue with the development process. “This site is an important part of…
CREJ
June 19, 2018
Townhomes eyed for development site
Denver County Property Location: 1288 Winona Court, Denver Property Description: Land value, proposed 12 townhome units Land Size: 15,625 sf Sales Price: $1.38M, or $88 psf, or $114,583 per unit Reception No.: 2018061461 Closing Date: 5/23 Grantor: South Sloans Townhomes LLC, Leon Cisneros, mgr. Grantee: 1288 Winona Court Trust, Matthew Sanchez, 303-444-7368 Financing: $707,000 due 11-23-2018, payable…
John Winslow
June 13, 2018
Hines Interests acquires Canyons South in Douglas County for $35 million
Douglas County Property Location: Southeast side of Crowfoot Road, fronts east side Founders Parkway, northeast side of Macanta Drive Property Description: Vacant land Land Size: 2,043 acres Sales Price: $35M, or $17,132 per acre Reception No.: 2018029164 Closing Date: 5/10 Grantor: Canyons South LLC, Erik Clore, VP, Lowe Enterprises, 303-850-2406 Grantee: Canyons South Development LP, c/o Hines Development, Mark A.…
John Winslow
June 12, 2018
CU Denver partners with JLL on facilities plan
The University of Colorado Denver is beginning implementation of its Facilities Master Plan to guide its facilities and real estate investments, and strengthen its position as an educational and economic asset to downtown Denver. CU Denver has engaged real estate advisory and management firm JLL to consult on how to leverage existing real estate assets…
CREJ
June 6, 2018
Property Market Group closes on 2nd parcel at Huron/W. 29th Avenue
Denver County Property Location: 3000 Inca St., Denver Property Description: vacant Land Size: 22,760 sf Sales Price: $3.19M, or $140.25 psf Reception No.: 2018056371 Closing Date: 5/10 Grantor: Westfield-ProspectLLLP, Randy M. Schwartz, mgr. Grantee: ENR Denver Investment 2.0 LLC, c/o Noah Gotileb, mgr., 630-273-1260, 308 W. Erie, Suite 400, Chicago 60654 Comments: This sale contains a vacant lot…
John Winslow
May 30, 2018
New multifamily concept leads Arizona developer to $2 million land deal
Adams County Property Location: SEC S. 27thAve. & Eagle Blvd., SWC Peregrine & Eagle, Aurora Property Description: Vacant land, 136 units planned for detached rental units Land Size: 12.317 acres Sales Price: $2M, or $3.73 psf, or $14,706 per unit Reception No.: 29316 2018 Density: 11.04 d/u per acre Closing Date:4/11 Grantor: The Prairie Center Development LLC, Milan…
John Winslow
May 24, 2018
Turn-of-the-century apartment building sells for $8.2 million
Denver County Property Location: 1010 E. 13thAve., Denver,“Le Cirque Apartments” Property Description: 45-unit, three-story apartment w/22,892 sf, YOC 1904 Land Size: 17,062 sf Sales Price: $8.2M, or $182,222 per door, or $358.20 psf Reception No.: 2018050658 Closing Date: 5/1 Grantor: Saratoga Le Cirque LLC, Yoshiko Heimsoth, mgr. Grantee: JM Logan LLC, Jason McCool, mbr., 303-300-6786 Financing: $5.74M payable to…
John Winslow
May 23, 2018
