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Winslow Report

Winslow Report 12-21-16

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
Thorofare

LA lender enters Denver with office loan

This post is only available to subscribers of the the Colorado Real Estate Journal. If you have a subscription, please log in to view this post. If you do not […]

Kris Oppermann Stern

December 19, 2016
Writer Square

Unico Properties sells Writer Square for $525.13 per square foot

Writer Square has changed hands for $95.28 million, becoming one of a handful of downtown Denver assets to trade for more than $500 per square foot. Unico Properties sold the office/retail property, located at Larimer Street and the Sixteenth Street mall, to GKT Writer Square LLC, a Kroenke Group affiliate. Unico and LaSalle Investment Management…

Kris Oppermann Stern

December 13, 2016

Transwestern releases latest Market Watch reports

The Denver retail market absorbed 2.3 million square feet year to date, according to Transwestern's latest reports on the retail, office, industrial and flex markets. The retail vacancy rate decreased, as did the average asking rate.[vc_column width="1/3"][vc_column width="1/3"][vc_column width="1/3"]

CREJ

December 13, 2016
Boulder Industry & Arts Center

Communal office building in the works

An approximately 80,000-square-foot “communal” office building is being planned for 2½ acres in East Boulder. Sagebrush Cos. recently purchased the site at 5125 Pearl Parkway for $4 million. It is working with Bill Holicky of Boulder-based Coburn to design Boulder Industry & Arts Center, a working environment similar to Industry in Denver’s River North neighborhood.…

Kris Oppermann Stern

December 5, 2016
Comp of the Day handshake image

Office building in Santa Fe Arts District sells for $274 per sf

Denver County Property Location: 574 Santa Fe Drive, Denver Property Description: 15,059-sf (rentable) two-story office building, YOC 1911, renovated in 2008 plus 2,520-sf basement area including private gym, showers, bathrooms, loading dock & private patio, with 31 parking spaces. Land Size: 15,743 sf Sales Price: $4.13M, or $273.92 psf Reception No.: 2016156999 Closing Date: 11/30 Grantor: Lange Real Estate…

John Winslow

December 5, 2016
100 Superior

Office/retail building in Superior trades for $13.51 million

This post is only available to subscribers of the the Colorado Real Estate Journal. If you have a subscription, please log in to view this post. If you do not […]

Kris Oppermann Stern

December 5, 2016
Atria

Etkin Johnson breaks ground on Atria office campus

Etkin Johnson Real Estate Partners has broken ground on Atria, a Class A office campus on 15.46 acres at 13699 and 13601 Via Varra Road in Broomfield. Named for its light-filled garden setting and open courtyards, the building is geared to growing corporate tenants looking for a progressive, amenity-rich and conveniently located work environment to…

CREJ

December 1, 2016
Centerpoint I

Investcorp buys $250 million in Denver, Boston assets

The U.S.-based investment arm of Investcorp, a global provider and manager of alternative investment products, has acquired a diverse portfolio of real estate properties in the Boston and Denver metropolitan areas for approximately $250 million. The five investments include 20 buildings and 1.8 million square feet of office, industrial, flex and laboratory space, highlighting Investcorp’s…

CREJ

November 23, 2016
Arvada portfolio

Revesco buys three-building portfolio in Olde Town Arvada

Denver-based Revesco Properties bought a trio of buildings in Olde Town Arvada for $6.55 million. The portfolio consists of: • 5773-5777 Olde Wadsworth Blvd., a 24,876-square-foot building on 18,729 sf of land. Tenants include a real estate sales office, attorney’s office, the Arvada Eggshell restaurant and retailers, with multifamily on the top floor. • 5707…

Kris Oppermann Stern

November 21, 2016