Evergreen Development acquires retail site for $8 per square foot
Jefferson County Property Location: NEC W. Belleview Ave. & S. Simms St., Lakewood Property Description: Land Land Size: 3.721 acres, or 162,062 sf Sales Price: $1.3M, or $8.02 psf Reception No.: 2018011155 Closing Date: 2/5 Grantor: Doris Bowen Frost LLLP, Edmund B. Frost, general partner, 8509 Western Hills Blvd., Suite 400A, Fort Worth, TX 76108…
John Winslow
February 26, 2018
Former ‘WOW’ retail building sells for $7.2 million
Arapahoe County Property Location: 9697 E. County Line Road, Englewood Property Description: 78,110-sf, single story retail building, YOC 1996, masonry Land Size: 5.384 acres Sales Price: $7.2M, or $92.18 per sf Reception No.: D8015790 Closing Date: 2/7 Grantor: DT Partnership LLC, David A. Dolan, mgr. Grantee: CCF Holdings LLC, Jeffrey W. Morrill, mgr. Financing: $3.6M…
John Winslow
February 23, 2018
Lazy Dog restaurant snags pad site in Southlands
Arapahoe County Property Location: Lazy Dog, 24110 State Ave., Aurora, (SWC State St. & S. Central Ave.) Property Description: pad site, proposed 9,509-sf restaurant* Land Size: 24,096 sf Sales Price: $1.71M, or $70.97 psf Reception No.: D8007174 Closing Date: 1/23 Grantor: NWSL Town Center LLC Grantee: Lazy Dog Colorado OPS LLC, Dewayne Mitchell, 714-596-9960, Dan Goldman,…
John Winslow
February 22, 2018
Investor pays $2.74 million for Starbucks building
Arapahoe County Property Location: 11703 E. Arapahoe Road, Englewood Property Description: 2,022-sf free-standing Starbucks coffee shop, YOC 2017 Land Size: 1.46 acres Sales Price: $2.74M, or $1,355 psf Reception No.: D8011419 Closing Date: 1/29 Grantor: Confluent Development LLC Grantee: Arapabucks LLC Comments: This is 10-year lease with four five-year options with an in-place cap rate…
John Winslow
February 19, 2018
Mixed-use TOD building in Lakewood sells for $20.9M
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Kris Oppermann Stern
February 16, 2018
Brinkerhoff Hospitality snaps up site for La Loma restaurant
Douglas County Property Location: West of Promenade Pkwy., south of Castle Rock Pkwy. Property Description: Vacant pad site, proposed “La Loma” restaurant Land Size: 1.977 acres Sales Price: $1.2M, or $13.93 psf Reception No.: 2018007093 Closing Date: 2/2 Grantor: Black Mondo Grass c/o Alberta Development Partners, Donald G. Provost, mgr. Grantee: Jefferson Park Development c/o…
John Winslow
February 15, 2018
Aurora investor pays $5.16M for retail center in Promenade at Castle Rock
Douglas County Property Location: 1345 New Beale St., Castle Rock Property Description: 8,188-sf retail center, YOC 2016, masonry Land Size: 1.46 acres Sales Price: $5.17M, or $630.80 psf Reception No.: 2018006786 Closing Date: 2/1 Grantor: Ponderosa Pine LLC c/o Alberta Development Partners, Donald G. Provost, mgr. Grantee: Promenade Shops LLC, Paul Zueger, mgr., 70 S.…
John Winslow
February 14, 2018
Investors’ herd mentality is beginning to shift
The availability of capital for most retail centers is strong, despite all the negative headlines in the media in 2017 about retailers closing stores, filing bankruptcy due to overexpanding, and declining sales from online
CREJ
February 12, 2018
Long-term Denver investor acquires restaurant with a 10-year lease
Denver County Property Location: 3500 Larimer St., Denver, “Hop Alley” restaurant Property Description: 5,158-sf restaurant, YOC 2000 Land Size: 6,244 sf Sales Price: $2.08M, or $403.26 per sf Reception No.: 2018009282 Closing Date: 1/24 Grantor: KOCV Fund I LLC, Chris Viscardi, mgr. Grantee: Arapahoe and Folsom Associates LLP, Rob Naiman, mgr., 303-534-5929, Denver 80202 Comments:…
John Winslow
February 7, 2018
Small businesses thrive in Cherry Creek North
The city of Denver continues to see incredible levels of investment. This year is expected to be another record year with several major development projects under construction or planned that will add to the city's growth
CREJ
February 5, 2018
