MOB market healthy

MOB

The Denver area medical office building market, by almost every metric, is not only healthy, but also in tip-top shape. Last year, $105.2 million in medical office buildings, or MOBs, traded hands, a 20.9 percent jump from 2015, according to a CBRE analysis of the MOB market. Catholic Health Initiatives sold the Lansing Point building in the…

John Rebchook

March 28, 2017

Adams’s County sites slated for stand-alone dental offices

Comp of the Day handshake image

Adams County Property Location: East side of Bridge St, 450’ north of Bristlecone St, Brighton Property Description: Vacant land, plan to build 5,000-sf dental office Land Size: 43,806 sf Sales Price: $675,000, or $15.41 per sf Reception No.: 2017-18245 Grantor: Dillon Companies Inc., Dennis R. Gibson, VP Grantee: Brighton Covenant Group II, 17000 Red Hill Ave., Irvine,…

John Winslow

March 16, 2017

Winslow Report 12-21-16

Winslow Report

Adams County Property Location: 1287 S. Eighthth Ave., Brighton, “Solaire Apartments” Property Description: 252-unit apartment complex, 11 buildings plus clubhouse,  YOC 2014, 284 covered parking spaces, 95 detached parking garages, 369 open spaces, total net rentable area of 253,116 sf Land Size: 16.38 acres Sales Price: $57.5M, or $228,175/unit, or $227.17/sf Reception No.: 2016097834 Closing Date: 11/10 Grantor:…

John Winslow

December 19, 2016

Longmont medical office bldg. trades as part of $24.51M deal

Biolife building

A single-tenant medical office building in Longmont recently sold to New Jersey-based Four Springs Capital Trust as part of a $24.51 million portfolio deal. Four Springs Capital paid $8.78 million for the BioLife Plasma Services building at 478 S. Martin St. in the Harvest Junction shopping center, according to public records. The company also acquired…

Jill Jamieson-Nichols

November 21, 2016

Castle Rock thriving with new development

Most people know Castle Rock isn’t the sleepy bedroom community it used to be, but many people attending a recent commercial real estate event were amazed to hear Economic Development Council President and CEO Frank Gray detail the level of development going on in the town. Besides the 1 million-square-foot Promenade at Castle Rock underway…

Jill Jamieson-Nichols

October 31, 2016

Class A medical office building sells for $6.76 million

The buyer, Bellevue You-Store-It LLC, paid $6.76 million for 6160 Tutt Blvd., a 35,500-sf “gem” built in 2005.

Jennifer Hayes

September 16, 2016

Westminster medical buildings bring nearly $235 per sf

Comp of the Day handshake image

Adams County Property Location: 8402-8406 Clay St., & 8403 & 8707 Bryant St., Westminster Property Description: 12,720-sf (4) medical office buildings, YOC 1973, masonry construction, “Front Range Medical Office Park” Land Size: 2.17 acres Sales Price: $2.99M, or $234.67 per sf Reception No.: 2016000069951 Closing Date: 8/23 Grantor: Regel Enterprises LLC, M. Jean Leger & Alfred…

John Winslow

September 12, 2016

Printers Park MOB trades for $2.55 million

The new owner plans to make improvements to 155 Printers Parkway, including taking care of deferred maintenance.

Jennifer Hayes

August 14, 2016

Integrated Ear, Nose & Throat snags 1.05 acre site in Lone Tree for 9,930-sf medical building

Comp of the Day handshake image

Douglas County Property Location: SEC Sky Ridge Avenue & Bismark Drive, Lone Tree Property Description: Vacant land, 9,930-sf medical building planned Land Size: 45,917 sf Sales Price: $890,000, or $19.38 per sf Reception No.: 2016042819 Closing Date: 7/7 Grantor: Ridgegate Investments Inc., Keith D. Simon, mgr., 720-279-2581 Grantee: Integrated Ear, Nose & Throat, Laura Walker, mgr.,…

John Winslow

July 18, 2016

The hospital campus redefined

Continuum of care, retailization, flexibility: Buzzwords bringing change and redefining the hospital campus of today.

Jennifer Hayes

May 31, 2016